Waterford Bay
200 NE 20th St,
Boca Raton, FL 33431
1-2 Beds | $1,990 - $2,350
Rental Market Trends in Boca Raton, FL
Updated July 2026
The average rent in Boca Raton, FL is $2,325/month.
Rent in Boca Raton is 40% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$2,325/month
Average Rent
767 Sq Ft
Average Size
+2.4%
Change / Year
2,813
Available Apartments
Boca Raton rent varies by unit size and layout:
- Studio apartments in Boca Raton average $1,985 per month.
- One-bedroom apartments in Boca Raton average $2,325 per month.
- Two-bedroom apartments in Boca Raton average $2,973 per month.
- Three-bedroom apartments in Boca Raton average $4,027 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Boca Raton, FL?
In the past year, rent has increased by 2.4%, which averages out to $57 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Boca Raton, FL
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
7%
$1,001 - $1,500/month
26%
$1,501 - $2,000/month
67%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Boca Raton?
Based on current rent prices, Boca Colony-Boca Place, West Boca Raton and Downtown Boca Raton 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, Mizner Park, Downtown Boca Raton and West Boca Raton 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 $2,325, you’ll want to make about $7,750 per month or $93,000 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.
View the Boca Raton Area GuideStudio
-
$2,394/month
One Bedroom
-
$2,763/month
Two Bedroom
-
$3,675/month
Three Bedroom
-
$4,458/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Boca Raton We Think You'll Love
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Boca Raton?
The average rent in Boca Raton is $2,325 per month, which is 39.8% higher than the national average of $1,663.
What is the average rent for a house in Boca Raton?
The average rent for a house in Boca Raton, FL is $5,675 per month.
What is the average rent for a townhome in Boca Raton?
The average rent for a townhome in Boca Raton, FL is $3,847 per month.
What is the average rent for a condo in Boca Raton?
The average rent for a condo in Boca Raton, FL is $2,241 per month.
Are rents going up or down in Boca Raton?
Rents in Boca Raton, FL are increasing, with prices up 2.4% year-over-year and $57 more per month.
What rent range is most common in Boca Raton?
In Boca Raton, FL, 67% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.