69 Apartments under 1400 for rent in Boca Raton, FL

Last updated November 25 at 3:18am UTC
287 Mansfield G E
Boca West
Boca Raton, FL
Updated November 22 at 2:34am UTC
1 Bedroom
$950
9355 SW 8th St #107
Sandalfoot Cove
Boca Raton, FL
Updated October 12 at 10:30am UTC
2 Bedrooms
$1,300
172 Fanshaw E
Boca West
Boca Raton, FL
Updated November 16 at 1:41am UTC
2 Bedrooms
$975
9355 SW 8th St
Sandalfoot Cove
Boca Raton, FL
Updated November 19 at 9:42am UTC
1 Bedroom
$1,180
202 Mansfield E
Boca West
Boca Raton, FL
Updated October 29 at 2:07am UTC
1 Bedroom
$950
224 Dorset F
Boca West
Boca Raton, FL
Updated November 9 at 2:18am UTC
2 Bedrooms
$1,100
812 SW 9th Street Circle
Boca Raton
Boca Raton, FL
Updated November 16 at 11:05am UTC
1 Bedroom
$1,325
6324 La Costa Drive
Boca Raton
Boca Raton, FL
Updated November 23 at 11:30am UTC
1 Bedroom
$1,350
21895 Lake Forest Circle
Boca Raton
Boca Raton, FL
Updated November 22 at 2:34am UTC
2 Bedrooms
$1,350
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November 2017 Boca Raton Rent Report

Welcome to the November 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.

View full Boca Raton Rent Report
Rent Report
Boca Raton

November 2017 Boca Raton Rent Report

Welcome to the November 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 significantly over the past month

Boca Raton rents have increased 0.6% over the past month, and are up slightly by 1.3% in comparison to the same time last year. Currently, median rents in Boca Raton stand at $1,430 for a one-bedroom apartment and $1,810 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in August. Boca Raton's year-over-year rent growth lags the state average of 3.5%, as well as the national average of 2.7%.

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 the least expensive rents in the Miami metro, with a two-bedroom median of $1,280; the city has also seen rents fall by 8.9% over the past year, the biggest drop in the metro.
  • Boynton Beach has seen the fastest rent growth in the metro, with a year-over-year increase of 3.4%. The median two-bedroom there costs $1,640, while one-bedrooms go for $1,290.
  • Pembroke Pines has the most expensive rents of the largest cities in the Miami metro, with a two-bedroom median of $2,380; rents went down 0.1% over the past month but rose 2.4% over the past year.

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

As rents have increased slightly in Boca Raton, large cities nationwide have seen rents grow more quickly. Compared to most large cities across the country, Boca Raton is less affordable for renters.

  • Rents increased significantly in other cities across the state, with Florida as a whole logging rent growth of 3.5% over the past year. For example, rents have grown by 5.7% in Tampa and 4.2% in Jacksonville.
  • Boca Raton's median two-bedroom rent of $1,810 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 1.3% rise in Boca Raton.
  • While Boca Raton's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Seattle (+4.2%), Los Angeles (+3.9%), and San Francisco (+1.8%).
  • Renters will generally find more expensive prices in Boca Raton than most large cities. For example, 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 $1,070 $1,350 0.1% -0.2%
Fort Lauderdale $1,140 $1,450 -0.1% 2.6%
Pembroke Pines $1,880 $2,380 -0.1% 2.4%
Hollywood $1,100 $1,400 0.6% 0.6%
West Palm Beach $1,060 $1,340 0.5% 3.2%
Pompano Beach $1,130 $1,440 -0.2% 2.3%
Miami Beach $1,010 $1,280 -0.5% -8.9%
Boca Raton $1,430 $1,810 0.6% 1.3%
Deerfield Beach $1,180 $1,500 -0.3% 3.4%
Boynton Beach $1,290 $1,640 0.2% 3.4%
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.