22 Cheap Apartments for rent in Delray Beach, FL

Last updated January 21 at 1:25am UTC
1070 North Drive
High Point of Delray
Delray Beach, FL
Updated January 18 at 11:21am UTC
2 Bedrooms
$1,100
1101 Cactus Terrace
Delray Beach
Delray Beach, FL
Updated January 3 at 11:58am UTC
2 Bedrooms
$1,050
3826 N Old Dixie Hwy
Delray Beach
Delray Beach, FL
Updated January 21 at 1:25am UTC
Studio
$1,075
2755 W Atlantic Avenue Unit 4206
Delray Beach
Delray Beach, FL
Updated January 19 at 1:39am UTC
1 Bedroom
$1,100
565 Flanders L
Kings Point
, FL
Updated January 17 at 1:55am UTC
2 Bedrooms
$1,000
233 SAXONY
Kings Point
, FL
Updated January 9 at 9:35am UTC
2 Bedrooms
$1,100
Results within 1 miles of Delray Beach, FL
420 Piedmont I
Kings Point
, FL
Updated January 3 at 11:56am UTC
2 Bedrooms
$1,095
841 Flanders R
Kings Point
, FL
Updated January 18 at 2:08am UTC
2 Bedrooms
$1,150
15090 Ashland Place
Lakes of Delray
, FL
Updated January 18 at 11:14am UTC
2 Bedrooms
$1,150
15144 Ashland Street
Lakes of Delray
, FL
Updated January 16 at 2:19am UTC
2 Bedrooms
$1,100
39 Burgundy A
Kings Point
, FL
Updated January 10 at 1:24pm UTC
2 Bedrooms
$1,050
5192 JOG LN #5192
, FL
Updated January 3 at 11:31am UTC
2 Bedrooms
$1,100
15449 Lakes Of Delray Boulevard
Lakes of Delray
, FL
Updated January 18 at 11:14am UTC
1 Bedroom
$1,050
321 Burgundy G
Kings Point
, FL
Updated January 20 at 5:17pm UTC
2 Bedrooms
$1,100
227 Flanders
Kings Point
, FL
Updated January 17 at 1:53am UTC
1 Bedroom
$1,100
189 Saxony D
Kings Point
, FL
Updated January 18 at 11:21am UTC
2 Bedrooms
$1,000
157 Piedmont D
Kings Point
, FL
Updated January 19 at 9:32am UTC
2 Bedrooms
$1,100
1165 S Drive Circle
High Point of Delray
Delray Beach, FL
Updated January 9 at 4:57am UTC
1 Bedroom
$1,000
1102 North Drive
High Point of Delray
Delray Beach, FL
Updated January 3 at 11:58am UTC
1 Bedroom
$1,150
6136 Waldwick Circle
Huntington Pointe
, FL
Updated January 6 at 4:54am UTC
2 Bedrooms
$750
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January 2018 Delray Beach Rent Report

Welcome to the January 2018 Delray Beach Rent Report. Delray Beach rents remained steady 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.

View full Delray Beach Rent Report
Rent Report
Delray Beach

January 2018 Delray Beach Rent Report

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

Delray Beach rents have remained flat over the past month, however, they have increased moderately by 2.8% year-over-year. Currently, median rents in Delray Beach stand at $1,180 for a one-bedroom apartment and $1,490 for a two-bedroom. Delray Beach's year-over-year rent growth lags the state average of 3.7%, but is in line with 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 Delray Beach, 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 Delray Beach

As rents have increased moderately in Delray Beach, 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, Delray Beach 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.
  • Delray Beach's median two-bedroom rent of $1,490 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year, which matches the increase in Delray Beach.
  • While Delray Beach's rents rose moderately over the past year, the city of DC saw a decrease of 0.3%.
  • Renters will generally find more expensive prices in Delray Beach than most large cities. For example, Memphis has a median 2BR rent of $820, 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 $1,070 $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.