What is the median rent in Boca Raton, FL?

The median gross rent in Boca Raton, FL is $2,508 (±$116) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 13,676 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Boca Raton, the median gross rent went from $1,760 in 2015–2019 to $2,508 in 2020–2024 (+42.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median gross rent
$2,508 (±$116)
Rented homes
13,676 (±941)
$2,000 or more
71.2%
Since 2015–2019
+42.5%

How much rent costs in Boca Raton

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentBoca RatonPalm Beach CountyFloridaUnited States
Less than $5001.8% (±1.2 points)2.7%3.6%6.3%
$500 to $9991.5% (±0.7 points)6.6%10.7%20.2%
$1,000 to $1,4996.7% (±2.3 points)17.5%26.0%28.1%
$1,500 to $1,99918.9% (±3.8 points)27.9%28.8%21.1%
$2,000 to $2,49920.9% (±3.5 points)21.9%17.4%12.0%
$2,500 to $2,99918.8% (±3.7 points)11.0%7.2%5.5%
$3,000 or more31.5% (±4.5 points)12.4%6.3%6.8%

The most common range is $3,000 or more, paid by 31.5% of renting households.

71.2% of rented homes in Boca Raton cost $2,000 or more a month.

Boca Raton against Palm Beach County, its state and the nation

Estimate (90% margin of error)
Boca RatonPalm Beach CountyFloridaUnited States
Median gross rent$2,508 (±$116)$1,916 (±$19)$1,669 (±$5)$1,413
Rented homes paying rent13,676 (±941)173,832 (±3,026)2,716,443 (±16,958)42,849,984

In Boca Raton, median gross rent is higher than in Palm Beach County ($1,916).

It is also higher than in Florida ($1,669).

It is higher than the national figure ($1,413).

In Palm Beach County, Boca Raton ranks 8 of 51 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 41 of 793.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Boca Raton has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,760 (±$42)$2,508 (±$116)+42.5%Up after inflation
Households that rent28.8% (±1.3 points)34.3% (±2.0 points)+5.5 percentage pointsMeasurable increase
Rental vacancy rate19.0% (±2.6 points)5.9% (±1.5 points)−13.1 percentage pointsMeasurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Boca Raton

Nearest places with a published estimate, compared with Boca Raton
PlaceDistanceMedian gross rentCompared with this place
Boca Raton—$2,508 (±$116)—
Highland Beach3.6 mi$3,500 or more—
Deerfield Beach4.4 mi$1,774 (±$63)Lower
Delray Beach5.8 mi$1,961 (±$85)Lower
Lighthouse Point6.6 mi$1,880 (±$230)Lower
Hillsboro Beach6.7 mi$3,346 (±$666)Higher
Watergate7.2 mi$2,076 (±$492)Not measurably different
Coconut Creek8.1 mi$2,102 (±$97)Lower
Gulf Stream8.3 mi$1,750 (±$407)Lower

Nearby places with a measurably lower figure: Deerfield Beach, FL ($1,774), Delray Beach, FL ($1,961), Lighthouse Point, FL ($1,880).

Nearby places with a measurably higher figure: Hillsboro Beach, FL ($3,346).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Palm Beach County, place by place

RankPlaceMedian gross rent
1 (tie)Jupiter Inlet Colony$3,500 or more
1 (tie)Manalapan$3,500 or more
4Jupiter Farms$3,092 (±$2,997)
5Limestone Creek$2,630 (±$582)
6Wellington$2,562 (±$162)
7Juno Beach$2,527 (±$1,042)
8Boca Raton$2,508 (±$116)
9Cabana Colony$2,421 (±$421)
10Palm Beach Gardens$2,417 (±$80)
11Jupiter$2,381 (±$95)
12Palm Beach$2,311 (±$344)
13Royal Palm Beach$2,273 (±$124)
14Hypoluxo$2,194 (±$208)

Showing 13 of 51 places in Palm Beach County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Boca Raton

What is the average rent in Boca Raton, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Boca Raton is $2,508 (±$116) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Boca Raton?

In Boca Raton, the median gross rent went from $1,760 in 2015–2019 to $2,508 in 2020–2024 (+42.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Boca Raton cost more than $2,000 a month?

71.2% of rented homes in Boca Raton have a gross rent of $2,000 or more a month, and 1.8% cost less than $500.

Is rent in Boca Raton higher than in Palm Beach County?

In Boca Raton, median gross rent is higher than in Palm Beach County ($1,916).

It is also higher than in Florida ($1,669).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Boca Raton city, Florida (place:07300, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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 .

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