Rental market trends in Boca Raton, FL
Please reach out to press@rent.com for any media inquiries regarding this data.
Average Apartment Cost in Boca Raton, FL
Apartment Rent Ranges in Boca Raton, FL
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 0% | 0% | 4% | 96% |
Neighborhood Apartment Rent Trends in Boca Raton, FL
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Northwest Boca Raton | $2,010 | -12% |
| Deerfield Beach Island | $1,600 | -- |
| Southeast Boca Raton | $1,495 | -26% |
| Central Boca Raton | $1,450 | -- |
| Northeast Boca Raton | $1,100 | -- |
| Villa Rica | $1,100 | -- |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Townsend Place | $2,580 | -11% |
| Southeast Boca Raton | $2,569 | +18% |
| Southwest Boca Raton | $2,385 | +1% |
| Northeast Boca Raton | $2,300 | +64% |
| Northwest Boca Raton | $2,285 | -15% |
| Deerfield Beach Island | $2,250 | 0% |
| Central Boca Raton | $1,990 | 0% |
| Boca Raton Hills | $1,990 | 0% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Mizner Park | $3,980 | 0% |
| Northwest Boca Raton | $3,542 | -8% |
| Southwest Boca Raton | $3,466 | +4% |
| Deerfield Beach Island | $3,200 | +19% |
| Townsend Place | $3,084 | -5% |
| Southeast Boca Raton | $3,029 | -6% |
| Northeast Boca Raton | $2,750 | +28% |
| Villa Rica | $2,500 | +28% |
| Central Boca Raton | $2,100 | 0% |
| Boca Raton Hills | $2,100 | 0% |
How Other Cities Compare to Boca Raton, FL
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Miami | $2,362 | -13% |
| Doral | $2,232 | -12% |
| West Palm Beach | $2,045 | 0% |
| Hollywood | $2,024 | +62% |
| Sunny Isles Beach | $2,000 | -13% |
| Delray Beach | $1,987 | -- |
| Miramar | $1,965 | -- |
| Fort Lauderdale | $1,930 | -19% |
| Miami Beach | $1,800 | -5% |
| Plantation | $1,675 | +12% |
| Boynton Beach | $1,650 | -- |
| Davie | $1,650 | -31% |
| Pompano Beach | $1,605 | +2% |
| Wellington | $1,500 | -- |
| Coral Springs | $1,300 | -- |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Wellington | $3,000 | -24% |
| Jupiter | $3,000 | +1% |
| Miami | $2,835 | -6% |
| Aventura | $2,557 | +4% |
| West Palm Beach | $2,540 | -4% |
| Doral | $2,520 | -3% |
| Plantation | $2,324 | -2% |
| Fort Lauderdale | $2,306 | -4% |
| Miami Beach | $2,300 | -19% |
| Miramar | $2,282 | -2% |
| Pembroke Pines | $2,192 | -4% |
| Delray Beach | $2,184 | -15% |
| Sunrise | $2,126 | +39% |
| Boynton Beach | $2,107 | -1% |
| Coral Springs | $2,100 | -5% |
| Hollywood | $1,999 | -18% |
| Davie | $1,900 | -20% |
| Pompano Beach | $1,857 | +1% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Miami | $3,675 | -11% |
| Miami Beach | $3,500 | -24% |
| Aventura | $3,450 | -1% |
| West Palm Beach | $3,395 | -6% |
| Jupiter | $3,094 | +18% |
| Hollywood | $3,089 | +15% |
| Doral | $3,064 | -7% |
| Fort Lauderdale | $2,900 | -10% |
| Pembroke Pines | $2,762 | +4% |
| Miramar | $2,712 | -7% |
| Davie | $2,665 | -1% |
| Plantation | $2,654 | +18% |
| Delray Beach | $2,640 | -3% |
| Boynton Beach | $2,602 | +1% |
| Coral Springs | $2,587 | 0% |
| Sunrise | $2,547 | +27% |
| Wellington | $2,500 | -55% |
| Pompano Beach | $2,400 | +5% |
Boca Raton, FL Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 |
| $2133 | $2121 | $2133 | $2199 | $2345 | $2431 | $2489 | $2185 | $1992 | $1850 | $1827 | $1900 | $2010 |
| $2105 | $2105 | $2202 | $2210 | $2360 | $2373 | $2199 | $2354 | $2396 | $2400 | $2374 | $2304 | $2292 |
| $3106 | $2999 | $2981 | $2929 | $3225 | $3175 | $3227 | $3142 | $3149 | $2995 | $3076 | $3062 | $3009 |
| $3987 | $3299 | $3462 | $3425 | $3865 | $3907 | $3612 | $3730 | $3705 | $4072 | $4251 | $4099 | $4065 |
Neighborhood Information for Boca Raton, FL
What are the most affordable neighborhoods in Boca Raton, FL?
The most affordable neighborhoods in Boca Raton are Villa Rica, where the average 1-bedroom apartment rent goes for $1,650, Central Boca Raton, where renters pay $1,990 on average for a 1-bedroom apartment, and Boca Raton Hills, where the average 1-bedroom apartment rent goes for $1,990. If you're looking for other great deals, check out the listings in Deerfield Beach Island ($2,250 for a 1-bedroom apartment) or Northwest Boca Raton ($2,285 for a 1-bedroom apartment), compared to the $2,312 average for a Boca Raton 1-bedroom apartment.
What are the most expensive neighborhoods in Boca Raton, FL?
The most expensive neighborhoods in Boca Raton are Mizner Park, where the average 1-bedroom apartment rent goes for $3,399, Townsend Place, where renters pay $2,580 on average for a 1-bedroom apartment, and Southeast Boca Raton, where the average 1-bedroom apartment rent goes for $2,569. If you're looking for other premium neighborhoods, check out the listings in Southwest Boca Raton ($2,385 for a 1-bedroom apartment) or Northeast Boca Raton ($2,300 for a 1-bedroom apartment), compared to the $2,312 average for a Boca Raton 1-bedroom apartment.
What are the most popular neighborhoods in Boca Raton, FL?
The most popular neighborhoods in Boca Raton are Northwest Boca Raton, where the average 1-bedroom apartment rent goes for $2,285, Southwest Boca Raton, where renters pay $2,385 on average for a 1-bedroom apartment, and Central Boca Raton, where the average 1-bedroom apartment rent goes for $1,990. If you're looking for other popular neighborhoods, check out the listings in Boca Raton Hills ($1,990 for a 1-bedroom apartment) or Southeast Boca Raton ($2,569 for a 1-bedroom apartment), compared to the $2,312 average for a Boca Raton 1-bedroom apartment.
