64 Apartments under 1400 for rent in Boca Raton, FL

Last updated September 22 at 10:28AM
4090 Cornwall E
Boca West
Boca Raton, FL
Updated September 16 at 11:04AM
1 Bedroom
$1,100
1151 SW 16th Street
Palm Beach Farms Co N Deerfield
Boca Raton, FL
Updated September 21 at 4:07PM
1 Bedroom
$1,200
6324 La Costa Drive
Boca Raton
Boca Raton, FL
Updated August 20 at 7:06PM
1 Bedroom
$1,350
1094 Wolverton E
Boca West
Boca Raton, FL
Updated August 15 at 6:08AM
1 Bedroom
$1,025
3031 Exeter E
Boca West
Boca Raton, FL
Updated September 19 at 2:45AM
2 Bedrooms
$1,200
602 NW 13th Street
Boca Raton
Boca Raton, FL
Updated September 22 at 10:26AM
2 Bedrooms
$1,300
407 Brighton J
Boca West
Boca Raton, FL
Updated August 15 at 4:30AM
2 Bedrooms
$1,300
4067 Ainslie D
Boca West
Boca Raton, FL
Updated September 9 at 10:34AM
2 Bedrooms
$1,225
3016 Lincoln A
Boca West
Boca Raton, FL
Updated August 15 at 5:58AM
2 Bedrooms
$1,200
21895 Lake Forest Circle
Boca Raton
Boca Raton, FL
Updated September 22 at 10:27AM
2 Bedrooms
$1,350
4072 Yarmouth D
Boca West
Boca Raton, FL
Updated September 2 at 2:19AM
1 Bedroom
$1,200
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Rent Report
Boca Raton

September 2017 Boca Raton Rent Report

Welcome to the September 2017 Boca Raton Rent Report. 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 declined marginally over the past month

Boca Raton rents have declined 0.2% over the past month, but have increased marginally by 0.6% in comparison to the same time last year. Currently, median rents in Boca Raton stand at $1,410 for a one-bedroom apartment and $1,790 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in May. Boca Raton's year-over-year rent growth lags the state average of 3.6%, as well as the national average of 3.0%.

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. Of the largest 10 cities that we have data for in the Miami metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Miami Beach has seen rents fall by 7.4% over the past month, the biggest drop in the metro. It also has the least expensive rents in the Miami metro, with a two-bedroom median of $1,300.
  • Deerfield Beach has seen the fastest rent growth in the metro, with a year-over-year increase of 3.6%. The median two-bedroom there costs $1,500, while one-bedrooms go for $1,180.
  • Pembroke Pines has the most expensive rents of the largest cities in the Miami metro, with a two-bedroom median of $2,390; rents fell 0.3% over the past month but rose 3.0% over the past year.

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

Rent growth in Boca Raton has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Boca Raton is less affordable for renters.

  • Other cities across the state have seen rents increase, with Florida as a whole logging rent growth of 3.6% over the past year. For example, rents have grown by 4.5% in Jacksonville.
  • Boca Raton's median two-bedroom rent of $1,790 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 0.6% increase in Boca Raton.
  • While rents in Boca Raton remained moderately stable this year, similar cities saw increases, including Tampa (+5.6%), Seattle (+5.4%), and Los Angeles (+5.0%); note that median 2BR rents in these cities go for $1,220, $1,710, and $1,740 respectively.
  • Renters will generally find more expensive prices in Boca Raton than most large cities. For example, Memphis has a median 2BR rent of $830, 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% -0.4%
Fort Lauderdale $1,140 $1,440 0.8% 2.2%
Pembroke Pines $1,880 $2,390 -0.3% 3.0%
Hollywood $1,100 $1,390 -0.3% 0.5%
West Palm Beach $1,050 $1,330 0.2% 3.0%
Pompano Beach $1,140 $1,440 0.1% 2.6%
Miami Beach $1,020 $1,300 -0.6% -7.4%
Boca Raton $1,410 $1,790 -0.2% 0.6%
Deerfield Beach $1,180 $1,500 0.2% 3.6%
Boynton Beach $1,290 $1,640 -0.0% 3.2%
See more

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.