What is the median rent in Ocean Ridge, FL?
The median gross rent in Ocean Ridge, FL is $1,953 (±$251) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 135 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Ocean Ridge, the median gross rent went from $1,467 in 2015–2019 to $1,953 in 2020–2024 (+33.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,953 (±$251)
- Rented homes
- 135 (±58)
- $2,000 or more
- 45.9%
- Since 2015–2019
- +33.1%
How much rent costs in Ocean Ridge
| Monthly gross rent | Ocean Ridge | Palm Beach County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±31.1 points) | 2.7% | 3.6% | 6.3% |
| $500 to $999 | 5.2% (±7.0 points) | 6.6% | 10.7% | 20.2% |
| $1,000 to $1,499 | 5.2% (±7.6 points) | 17.5% | 26.0% | 28.1% |
| $1,500 to $1,999 | 43.7% (±21.1 points) | 27.9% | 28.8% | 21.1% |
| $2,000 to $2,499 | 20.7% (±18.2 points) | 21.9% | 17.4% | 12.0% |
| $2,500 to $2,999 | 0.0% (±31.1 points) | 11.0% | 7.2% | 5.5% |
| $3,000 or more | 25.2% (±18.3 points) | 12.4% | 6.3% | 6.8% |
The most common range is $1,500 to $1,999, paid by 43.7% of renting households.
45.9% of rented homes in Ocean Ridge cost $2,000 or more a month.
Ocean Ridge against Palm Beach County, its state and the nation
| Ocean Ridge | Palm Beach County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,953 (±$251) | $1,916 (±$19) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 135 (±58) | 173,832 (±3,026) | 2,716,443 (±16,958) | 42,849,984 |
In Ocean Ridge, median gross rent is not measurably different from 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, Ocean Ridge ranks 21 of 51 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 173 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Ocean Ridge has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,467 (±$201) | $1,953 (±$251) | +33.1% | No measurable change after inflation |
| Households that rent | 15.1% (±5.3 points) | 17.0% (±6.3 points) | +1.9 percentage points | Not a measurable change |
| Rental vacancy rate | 10.2% (±14.7 points) | 19.0% (±18.3 points) | +8.8 percentage points | Not a measurable change |
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 Ocean Ridge
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Ocean Ridge | — | $1,953 (±$251) | — |
| Briny Breezes | 1.6 mi | $1,188 (±$733) | Not measurably different |
| Boynton Beach | 2.1 mi | $2,041 (±$97) | Not measurably different |
| Manalapan | 2.5 mi | $3,500 or more | — |
| San Castle | 2.5 mi | $1,596 (±$526) | Not measurably different |
| Hypoluxo | 2.5 mi | $2,194 (±$208) | Not measurably different |
| Gulf Stream | 3.2 mi | $1,750 (±$407) | Not measurably different |
| Lantana | 3.7 mi | $1,758 (±$209) | Not measurably different |
| South Palm Beach | 4.1 mi | $1,868 (±$693) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
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
| Rank | Place | Median gross rent |
|---|---|---|
| 15 | Glen Ridge | $2,188 (±$883) |
| 16 | Lake Belvedere Estates | $2,105 (±$445) |
| 17 | Watergate | $2,076 (±$492) |
| 18 | Boynton Beach | $2,041 (±$97) |
| 19 | North Palm Beach | $2,010 (±$164) |
| 20 | Delray Beach | $1,961 (±$85) |
| 21 | Ocean Ridge | $1,953 (±$251) |
| 22 | South Palm Beach | $1,868 (±$693) |
| 23 | Tequesta | $1,852 (±$228) |
| 24 | Palm Beach Shores | $1,842 (±$81) |
| 25 | Seminole Manor | $1,799 (±$374) |
| 26 | Atlantis | $1,784 (±$338) |
| 27 | West Palm Beach | $1,772 (±$44) |
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 Ocean Ridge
What is the average rent in Ocean Ridge, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Ocean Ridge is $1,953 (±$251) 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 Ocean Ridge?
In Ocean Ridge, the median gross rent went from $1,467 in 2015–2019 to $1,953 in 2020–2024 (+33.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Ocean Ridge cost more than $2,000 a month?
45.9% of rented homes in Ocean Ridge have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Ocean Ridge higher than in Palm Beach County?
In Ocean Ridge, median gross rent is not measurably different from 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ocean Ridge town, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ocean Ridge town, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ocean Ridge town, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Ocean Ridge town, Florida (place:50950, 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.
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 .
Related
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- Homeowner costs in Ocean Ridge
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- Types of homes in Ocean Ridge
- Bedrooms in Ocean Ridge
- Age of homes in Ocean Ridge
- Heating fuel in Ocean Ridge
- Commute and cars in Ocean Ridge
- Crime reported to police in Ocean Ridge
- Population growth in Ocean Ridge
- How long people stay in Ocean Ridge
- Florida landlord and tenant rules
- Housing across Palm Beach County
- Florida places ranked by median rent
- Housing data for every place in Florida