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Boca Raton, FL: 720 apartments available for rent

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Last updated June 28 at 2:17AM
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City Guide
Boca Raton
Vacation destination and home to the wealthy, the glamorous and... the retired! Boca Raton's prime location on miles of pristine Palm Beach County beaches and tropical climate make it a great place to work or play. Now, let's find you a sunny apartment that suits your needs!
Take the Cannoli

Okay, so Boca Raton's general reputation in the popular imagination is that a large portion of residents are either in the mafia or geriatric. This is only half true. Yes, Boca is overall an incredibly upscale city that draws in a lot of revenue from the aged American haute bourgeoisie, and yes, notorious Boca residents include members of the Gambino family. But, Boca is also home to several universities and has a recently renovated and developed downtown that caters to people of all ages and incomes.

Beach bums and water sports fanatics will love living so close to so much beach, as the southern Florida coastline is pretty much the prime destination for Boca residents of all (and I mean all) ages. If you're prone to sun burns or are more of an indoor kid, the city still has a lot to offer. The downtown area has recently been renovated to include two large outdoor malls. Both the Mizner Center and the Town Center of Boca Raton offer premier shopping, dining and nightlife to residents throughout the city. Both also feature outdoor community spaces. Additionally, the Boca Raton Museum of Art is conveniently located in the Mizner Center.

Neighborhoods

Boca Raton's neighborhoods are laid out in a pretty straightforward way, as the city is bordered by the Atlantic Ocean and Intracoastal Waterway to the east, and the Loxahatchee National Wildlife Refuge to the west. The downtown is situated near the Waterway, and most of the city development sprawls to the west.

Because of the general upscale, middle class vibe throughout all of Boca Raton, the city sees little crime throughout most neighborhoods.

The Downtown is for Young Professionals Downtown Boca Raton functions as both its economic and commercial center. As mentioned before, the Mizner Center and the Town Center of Boca Raton draw in a large number of both tourists and residents. Recent renovation around these shopping centers has provided safer, more community-oriented housing options for residents. Though the area around the Mizner Center is continuing to develop, current and future rental options include town houses and apartment complexes with on-site parking and a number of additional amenities. Living downtown provides you with the added benefit of being in an easily walkable and bikeable commercial area, as well as being within walking distance to the beach. Rents for two bedrooms in this area generally range from $1500-1700. The downtown area is safe and lively for young singles and families, with one exception. The Pearl City area, located directly north of downtown, has been known for its criminal activity, and is generally considered undesirable by most residents.

The North Side is for Young People If you're young and not exactly professional, try looking around the Florida Atlantic University area, located north of downtown. The neighborhood surrounding campus has a wide variety of affordable housing available that tends to cater to college-aged students. Yes, college students mean college parties, but overall, the campus area has a fairly decent reputation in terms of safety and noise. Two bedrooms in this area tend to go for between $1050-1200.

The West Side is for Families As development has continued westward from the city center, the suburban feel of a suburban city makes for a great area for families. Some of the best school districts in the city are also located on the west side. Adjacent to numerous Boca golf courses, the west side has many different types of rentals available based on neighborhood. For instance, Waters Edge and Mission Bay are both located in the western reaches of town, and generally have more larger, single-family homes for rent. Del Prado, located slightly further east, has more apartment and condo rentals available. Home rentals on the west side vary greatly, but three bedrooms generally go for between $1600-2000, while apartments and condos generally rent from $1600-1800.

Renting Tips and Tricks

The Boca Raton rental market is fairly similar to that of other SoFla cities. You can occasionally take advantage of seasonal prices and rentals--particularly close to the beach--by signing leases in the hot, off-season summer months. Most larger apartment and condo complexes are rented through real estate agents, so unless you're looking for a single-family house, you'll have more options to choose from if you take advantage of a professional realtor's services.

Once you've landed your dream apartment, beware of hidden fees. Boca Raton is the home of large monthly condo and maintenance fees. So before you sign your lease, make sure there aren't any hidden costs associated with your new complex.

Around Town

With the exception of the downtown area and portions of FAU's campus, Boca Raton is a suburban city that will require a car. Because many Boca residents commute throughout the Palm Beach and Miami area, traffic can be a nightmare during the morning and evening rush hour. Traffic running south into Fort Lauderdale on I-95 and east-west on the Everglades Expressway can add up to 40 minutes to your commute.

Boca is serviced by Palm Tran, which provides local and express bus routes throughout most neighborhoods in the city, as well as into neighboring cities in Palm Beach County.

Break out that sunscreen (and that retirement plan) and find your new Boca apartment!

Rent Report
Boca Raton

June 2017 Boca Raton Rent Report

Welcome to the June 2017 Boca Raton Rent Report. Boca Raton rents increased over the past month. In this report, we'll evaluate trends in the Boca Raton rental market, including comparisons to cities throughout the metro, state, and nation.

Boca Raton rents increased slightly over the past month

Boca Raton rents have increased 0.2% over the past month, and are up moderately by 3.1% in comparison to the same time last year. Currently, median rents in Boca Raton stand at $1,420 for a one-bedroom apartment and $1,810 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in February. Boca Raton's year-over-year rent growth leads the state average of 2.7%, as well as the national average of 2.6%.

Rents rising across the Miami Metro

Throughout the past year, rent increases have been occurring not just in the city of Boca Raton, but across the entire metro. Prices rose year-over-year in 8 of the 10 largest Miami area cities that we have data for. Rents also increased in other areas of the state, with Florida as a whole logging rent growth of 2.7% over the past year. Here's a look at how rents compare across some of the largest cities in the metro, as well as the rest of the state.

  • Pembroke Pines has the most expensive rents in the Miami metro, with a two-bedroom median of $2,390; the city has also seen rent growth of 5.3% over the past year, the fastest in the metro.
  • Over the past year, Miami Beach has seen the biggest rent drop in the metro, with decline of 4.5%. Median two-bedrooms there cost $1,340, while one-bedrooms go for $1,060.
  • West Palm Beach has the least expensive rents in the Miami metro, with a two-bedroom median of $1,330; rents went down 0.5% over the past month but rose 3.1% over the past year.
  • Looking throughout the rest of the state, Port St. Lucie is the most expensive of all Florida's major cities outside the Miami metro, with a median two-bedroom rent of $1,510; of the 10 largest Florida cities that we have data for, all have seen rents rise year-over-year, with Gainesville experiencing the fastest growth (+5.1%).
  • Gainesville, Port St. Lucie, and St. Petersburg have all experienced year-over-year growth above the state average (5.1%, 4.7%, and 4.2%, respectively).

Many large cities nationwide show more affordable rents compared to Boca Raton

As rents have increased in Boca Raton, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Boca Raton is less affordable for renters.

  • Boca Raton's median two-bedroom rent of $1,810 is above the national average of $1,150. Nationwide, rents have grown by 2.6% over the past year.
  • While Boca Raton's rents rose over the past year, many cities nationwide saw decreases, including Houston (-2.8%), San Francisco (-1.0%), and Tulsa (-0.1%).
  • Renters will generally find more expensive prices in Boca Raton than most large cities. Comparably, Memphis has a median 2BR rent of $820, where Boca Raton is more than twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Miami $1,060 $1,350 0.1% -1.3%
Fort Lauderdale $1,110 $1,410 -0.0% 0.1%
Pembroke Pines $1,880 $2,390 -0.0% 5.3%
Hollywood $1,100 $1,390 0.0% 0.3%
West Palm Beach $1,050 $1,330 -0.5% 3.1%
Pompano Beach $1,150 $1,450 -0.7% 3.2%
Miami Beach $1,060 $1,340 -0.4% -4.5%
Boca Raton $1,420 $1,810 0.2% 3.1%
Deerfield Beach $1,160 $1,470 0.4% 1.2%
Boynton Beach $1,280 $1,620 0.5% 3.0%
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Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.