112 Cheap Apartments for rent in Boca Raton, FL

Last updated January 19 at 10:41pm UTC
The Palms of Boca Del Mar
5515 Pacific Blvd
Boca Raton, FL
Updated January 19 at 9:07pm UTC
1 Bedroom
$1,252
2 Bedrooms
$1,607
8584 Bella Vista Drive
Boca West
Boca Raton, FL
Updated January 7 at 5:56pm UTC
2 Bedrooms
$1,200
224 Dorset F
Boca West
Boca Raton, FL
Updated January 3 at 11:56am UTC
2 Bedrooms
$1,100
157 Dorset Unit D
Boca West
Boca Raton, FL
Updated January 3 at 11:34am UTC
2 Bedrooms
$975
3043 Hythe C
Boca West
Boca Raton, FL
Updated January 3 at 11:56am UTC
2 Bedrooms
$1,100
4067 Ainslie D
Boca West
Boca Raton, FL
Updated January 3 at 11:22am UTC
2 Bedrooms
$1,225
4030 Exeter B
Boca West
Boca Raton, FL
Updated January 11 at 2:36am UTC
2 Bedrooms
$1,000
21902 Lake Forest Circle
Boca Raton
Boca Raton, FL
Updated January 18 at 2:08am UTC
2 Bedrooms
$1,250
5700 NW 2nd Avenue
Boca Teeca
Boca Raton, FL
Updated January 12 at 10:00am UTC
1 Bedroom
$1,400
4062 AINSLIE D
Boca West
Boca Raton, FL
Updated January 3 at 11:18am UTC
1 Bedroom
$1,250
2070 Yarmouth D
Boca West
Boca Raton, FL
Updated January 3 at 11:56am UTC
1 Bedroom
$1,075
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January 2018 Boca Raton Rent Report

Welcome to the January 2018 Boca Raton Rent Report. Boca Raton rents remained steady 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

January 2018 Boca Raton Rent Report

Welcome to the January 2018 Boca Raton Rent Report. Boca Raton rents remained steady 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 rent trends were flat over the past month

Boca Raton rents have remained flat over the past month, however, they have increased slightly by 1.4% year-over-year. Currently, median rents in Boca Raton stand at $1,440 for a one-bedroom apartment and $1,820 for a two-bedroom. Boca Raton's year-over-year rent growth lags the state average of 3.7%, as well as the national average of 2.8%.

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, 9 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 8.9% over the past year, the biggest drop in the metro. It also has the least expensive rents in the Miami metro, with a two-bedroom median of $1,270.
  • Pembroke Pines has the most expensive rents in the Miami metro, with a two-bedroom median of $2,380; the city has also seen rent growth of 0.6% over the past month, the fastest in the metro.

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

As rents have increased slightly in Boca Raton, a few 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 3.7% over the past year. For example, rents have grown by 6.2% in Tampa and 4.5% in Jacksonville.
  • Boca Raton's median two-bedroom rent of $1,820 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 1.4% increase in Boca Raton.
  • While Boca Raton's rents rose slightly over the past year, many cities nationwide saw more substantial increases, including Los Angeles (+5.4%), Seattle (+3.0%), and Houston (+2.5%).
  • 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 $1,360 0.6% 0.5%
Hialeah $1,080 $1,370 0.1% 5.6%
Fort Lauderdale $1,140 $1,450 0.5% 2.8%
Pembroke Pines $1,880 $2,380 0.6% 2.0%
Hollywood $1,120 $1,420 0.1% 2.0%
Miami Gardens $1,120 $1,420 0.1% 3.6%
West Palm Beach $1,050 $1,340 0.1% 2.8%
Pompano Beach $1,140 $1,450 -0.1% 2.4%
Miami Beach $1,000 $1,270 -0.4% -8.9%
Boca Raton $1,440 $1,820 0.3% 1.4%
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.