Waterford Bay
200 NE 20th St,
Boca Raton, FL 33431
$1,990 - $2,350
1-2 Beds
With its decorative brick walkways, palm trees, Mediterranean-inspired architecture, and artistic vibe, Downtown Boca Raton is chic and exciting. The heart of Downtown Boca is Mizner Park, a multi-use development named for famed 1920s-era architect Addison Mizner. Downtown Boca is very walkable, and bicycles are available for rent. If you choose a Downtown Boca Raton apartment, you'll enjoy a tropical atmosphere that includes some of South Florida's best beaches, including South Beach Park Boca Raton and Boca Beach. Downtown Boca features a variety of shops and restaurants to explore, and the neighborhood offers some fantastic festivals and events, including the Festival of the Arts, Brazilian Beat, and the Downtown Boca Green Market. Boca Raton is famous for its arts scene and is home to the Boca Museum of Art, the Mizner Park Cultural Arts Center, the Mizner Park Amphitheater, and the Boca Raton Historical Society and Museum.
As of January 2026, the average apartment rent in Downtown Boca Raton is $1,890 for a studio, $2,312 for one bedroom, $3,084 for two bedrooms, and $3,943 for three bedrooms. Apartment rent in Downtown Boca Raton has increased by 2.6% in the past year.
Studio
590 sq ft
Average Sq Ft
$1,890/month
Average Rent
1 BR
742 sq ft
Average Sq Ft
$2,312/month
Average Rent
2 BR
1,131 sq ft
Average Sq Ft
$3,084/month
Average Rent
3 BR
1,469 sq ft
Average Sq Ft
$3,943/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Current Resident
8 months ago•Niche Review
It's a great place, with many opportunities not only to connect but also to expand your knowledge about Florida.
Current Resident
9 months ago•Niche Review
I like the cleanliness and quietness of Boca Raton. I would prefer that more roads be patched up or paved again.
Current Resident
1 years ago•Niche Review
I have lived in Boca Raton since coronavirus in March of 2020. I have enjoyed living in Florida, however I miss the four different season in Texas, where I lived from 1987-2020, besides for the Fall - 6 months in 2007. In my life currently all the opportunities in different states and areas are about the same.
Current Resident
1 years and 1 months ago•Niche Review
Boca is such a nice town and is so diverse with people from all walks of life. There are so many places to shop, eat, hang out, etc.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.