Waterford Bay
200 NE 20th St,
Boca Raton, FL 33431
$1,990 - $2,350
1-2 Beds
Rental Market Trends in Boca Raton, FL
What is the average rent in Boca Raton, FL?
$2,354/month
Average Rent
770 Sq Ft
Average Apartment Size
+3.6%
Increase in the Last Year
As of March 2026, the average rent in Boca Raton, FL is $2,354 per month. This is 45% higher than the national average rent price of $1,626/month, making Boca Raton one of the most expensive cities in the US. When you rent an apartment in Boca Raton, you can expect to pay about $2,044 per month for a studio, $2,354 for a one-bedroom apartment, and around $3,003 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,020 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Boca Raton, FL?
In the past year, rent has increased by 3.6%, which averages out to $85 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Boca Raton, FL
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
8%
$1,001 - $1,500/month
24%
$1,501 - $2,000/month
68%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Boca Raton?
Based on current rent prices, Brentwood of Boca, Boca Islands and Watergate Estates are the most affordable neighborhoods in Boca Raton.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Boca Raton?
Based on current rent prices, Royal Palm Place, Kings Court and Mizner Park are the most expensive neighborhoods in Boca Raton.
Neighborhood
Average Rent
Average Sq Ft
Which Boca Raton neighborhoods have the most rentals available?
The neighborhoods in Boca Raton with the most apartments available are Downtown Boca Raton, West Boca Raton and Mizner Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Boca Raton, FL?
Because the average rent in Boca Raton is $2,354, you’ll want to make about $7,846 per month or $94,152 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Boca Raton, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Boca Raton, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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ZRS Management
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346
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Gables Residential
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84
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1,300
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Methodology
† 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.
* Percentages may not total 100 due to rounding.