Waterford Bay
200 NE 20th St,
Boca Raton, FL 33431
$1,990 - $2,350
1-2 Beds
Florida Atlantic University continues to grow and develop its research programs and academic standards, and is widely recognized as one of the best higher learning institutions in the state. School spirit runs high, and the university’s sports programs are loaded with traditions: the annual Football Kick-Off and the basketball team’s Midnight Madness pep rally are major events for students and locals alike. The main campus enjoys a prime central location within easy walking distance of Boca’s swanky shopping, dining, and nightlife, as well as the beautiful South Florida beaches. Due in large part to the location, housing options around FAU run the gamut from swanky to sensible, with high-dollar luxury condos near the beach and more affordable houses and apartments closer to I-95. Most apartments near campus will also put you very close to popular attractions and venues like the multiplex movie theater and Spanish River Athletic Park on the northwest side or Mizner Park to the southeast.
As of March 2026, the average apartment rent in Boca Raton, FL is $2,034 for a studio, $2,344 for one bedroom, $2,994 for two bedrooms, and $4,019 for three bedrooms. Apartment rent in Boca Raton has increased by 3.1% in the past year.
Studio
590 sq ft
Average Sq Ft
$2,034/month
Average Rent
1 BR
770 sq ft
Average Sq Ft
$2,344/month
Average Rent
2 BR
1,141 sq ft
Average Sq Ft
$2,994/month
Average Rent
3 BR
1,510 sq ft
Average Sq Ft
$4,019/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Florida Atlantic University FAU Boca Raton Campus - Boca Raton, FL (University) is for everyday living.
Fairly walkable
Walkability
Limited public transit
Transit
Exceptionally drivable
Drivability
Moderately bikeable
Bikeability
Public
Grades PK-5
Public
Grades K-5
Public
Grades PK-5
A.D. Henderson University School & Fau High School
Public
Grades K-12
Sunrise Park Elementary School
Public
Grades PK-5
Don Estridge High Tech Middle School
Public
Grades 6-8
A.D. Henderson University School & Fau High School
Public
Grades K-12
Somerset Academy Boca Middle School
Public
Grades 6-8
Addison Mizner Elementary School
Public
Grades K-8
Loggers' Run Community Middle School
Public
Grades 6-8
A.D. Henderson University School & Fau High School
Public
Grades K-12
Spanish River Community High School
Public
Grades 6-12
Public
Grades 9-12
Boca Raton Community High School
Public
Grades 9-12
Olympic Heights Community High
Public
Grades PK & 9-12
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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 February 2026.