69 Cheap Apartments for rent in Delray Beach, FL

Last updated September 25 at 2:14AM
1227 Club Drive W
High Point of Delray
Delray Beach, FL
Updated September 18 at 6:12PM
1 Bedroom
$1,100
2600 SW 22nd Av
Delray Beach
Delray Beach, FL
Updated August 30 at 2:20AM
2 Bedrooms
$1,100
2755 W Atlantic Avenue Unit 4206
Delray Beach
Delray Beach, FL
Updated September 11 at 2:45AM
1 Bedroom
$1,100
1165 S Drive Circle
High Point of Delray
Delray Beach, FL
Updated September 13 at 3:08AM
1 Bedroom
$1,100
Results within 1 miles of Delray Beach, FL
661 Flanders N
Kings Point
, FL
Updated August 31 at 3:52AM
2 Bedrooms
$1,150
150 Valencia G
Kings Point
, FL
Updated September 24 at 10:56AM
1 Bedroom
$1,050
229 Flanders E
Kings Point
, FL
Updated September 21 at 7:49PM
2 Bedrooms
$1,100
420 Piedmont I
Kings Point
, FL
Updated September 24 at 10:56AM
2 Bedrooms
$1,150
513 Capri K
Kings Point
, FL
Updated September 19 at 6:48PM
1 Bedroom
$950
2309 S Federal Highway
Boynton Beach
Boynton Beach, FL
Updated September 16 at 10:59AM
1 Bedroom
$995
586 Burgundy M
Kings Point
, FL
Updated August 15 at 6:00AM
2 Bedrooms
$1,025
211 Flanders E
Kings Point
, FL
Updated September 21 at 2:08AM
1 Bedroom
$850
14388 Canalview Drive
, FL
Updated September 25 at 2:14AM
1 Bedroom
$1,050
5192 JOG LN #5192
, FL
Updated September 25 at 1:56AM
2 Bedrooms
$1,100
184 Flanders D
Kings Point
, FL
Updated September 23 at 6:51PM
1 Bedroom
$1,000
545 Burgundy L
Kings Point
, FL
Updated September 20 at 2:16AM
1 Bedroom
$1,000
503 Normandy K
Kings Point
, FL
Updated September 20 at 6:43PM
1 Bedroom
$900
522 Flanders K
Kings Point
, FL
Updated August 30 at 2:20AM
1 Bedroom
$1,000
89 Flanders B
Kings Point
, FL
Updated August 20 at 4:43AM
2 Bedrooms
$1,000
63 Burgundy B
Kings Point
, FL
Updated September 19 at 9:25AM
1 Bedroom
$950
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Rent Report
Delray Beach

September 2017 Delray Beach Rent Report

Welcome to the September 2017 Delray Beach Rent Report. Delray Beach rents declined over the past month. In this report, we'll evaluate trends in the Delray Beach rental market, including comparisons to cities throughout the metro, state, and nation.

Delray Beach rents declined over the past month

Delray Beach rents have declined 0.7% over the past month, but have increased marginally by 0.9% in comparison to the same time last year. Currently, median rents in Delray Beach stand at $1,150 for a one-bedroom apartment and $1,460 for a two-bedroom. Delray Beach'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 Delray Beach, 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 $1,300; the city has also seen rents fall by 7.4% over the past year, the biggest drop in the metro.
  • 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 went down 0.3% over the past month but rose 3.0% over the past year.

Many large cities nationwide show more affordable rents compared to Delray Beach

Rent growth in Delray Beach 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, Delray Beach 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.
  • Delray Beach's median two-bedroom rent of $1,460 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 0.9% rise in Delray Beach.
  • While rents in Delray Beach 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 Delray Beach than most large cities. For example, Memphis has a median 2BR rent of $830, where Delray Beach is more than one-and-a-half times 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.