What is the Fair Market Rent in Boca Raton, FL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,900 to $3,260 a month across the 5 ZIP codes that cover Boca Raton.
By ZIP code: 33431 $3,140, 33432 $3,200, 33486 $2,900, 33487 $3,070, 33496 $3,260.
Across the whole West Palm Beach-Boca Raton, FL HUD Metro FMR Area the two-bedroom figure is $2,349.
The Census Bureau’s median gross rent for a two-bedroom home in Boca Raton is $2,597 (±$158), below the Small Area figure for ZIP 33431.
Figures last updated on .
- 2 bedrooms, whole area
- $2,349
- 2 bedrooms, ZIP 33431
- $3,140
- 2 bedrooms, ZIP 33432
- $3,200
- 2 bedrooms, ZIP 33486
- $2,900
Fair Market Rents for Boca Raton, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| West Palm Beach-Boca Raton, FL HUD Metro FMR Area (whole area) | $1,907 | $2,008 | $2,349 | $3,052 | $3,523 | — |
| ZIP 33431 | $2,550 | $2,680 | $3,140 | $4,080 | $4,710 | $2,712 |
| ZIP 33432 | $2,600 | $2,740 | $3,200 | $4,160 | $4,800 | $2,361 |
| ZIP 33486 | $2,350 | $2,480 | $2,900 | $3,770 | $4,350 | $2,318 |
| ZIP 33487 (71% of the ZIP’s land is in this place) | $2,490 | $2,620 | $3,070 | $3,990 | $4,600 | $2,603 |
| ZIP 33496 (35% of the ZIP’s land is in this place) | $2,650 | $2,790 | $3,260 | $4,240 | $4,890 | $2,609 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
What you can do on Seayora in Boca Raton
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Boca Raton beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Boca Raton, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Boca Raton, and send estimates and invoices from your phone.
Questions about Boca Raton
What is the Section 8 payment standard in Boca Raton?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the West Palm Beach-Boca Raton, FL HUD Metro FMR Area is $2,349, and the Small Area figure for 33431 is $3,140.
What is the Fair Market Rent for a two-bedroom in ZIP 33431?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33431 is $3,140 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,712 (±$300).
What is the Fair Market Rent for a two-bedroom in ZIP 33432?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33432 is $3,200 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,361 (±$121).
What is the Fair Market Rent for a two-bedroom in ZIP 33486?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 33486 is $2,900 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,318 (±$250).
What is the Fair Market Rent for a one-bedroom in Boca Raton?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 33431 is $2,680 a month, against $2,008 across the West Palm Beach-Boca Raton, FL HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: West Palm Beach-Boca Raton, FL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: West Palm Beach-Boca Raton, FL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Boca Raton at a glance
- Median rent in Boca Raton
- Rent by bedrooms in Boca Raton
- Rent burden in Boca Raton
- Renters and owners in Boca Raton
- Income and affordability in Boca Raton
- Home values in Boca Raton
- Homeowner costs in Boca Raton
- Property taxes in Boca Raton
- Types of homes in Boca Raton
- Bedrooms in Boca Raton
- Age of homes in Boca Raton
- Vacancy rate in Boca Raton
- Heating fuel in Boca Raton
- Commute and cars in Boca Raton
- Crime reported to police in Boca Raton
- Population growth in Boca Raton
- How long people stay in Boca Raton
- Crowding and facilities in Boca Raton
- Florida landlord and tenant rules
- Housing across Palm Beach County
- Housing data for every place in Florida