73 Cheap Apartments for rent in Delray Beach, FL

Last updated November 17 at 5:56pm UTC
1165 S Drive Circle
High Point of Delray
Delray Beach, FL
Updated October 26 at 12:16pm UTC
1 Bedroom
$1,050
1227 Club Drive W
High Point of Delray
Delray Beach, FL
Updated November 11 at 2:32am UTC
1 Bedroom
$1,100
2755 W Atlantic Avenue Unit 4206
Delray Beach
Delray Beach, FL
Updated November 14 at 9:38am UTC
1 Bedroom
$1,100
611 Normandy M
Kings Point
, FL
Updated November 1 at 9:25am UTC
2 Bedrooms
$900
464 Normandy J
Kings Point
, FL
Updated October 4 at 9:47am UTC
1 Bedroom
$1,000
Results within 1 miles of Delray Beach, FL
513 Flanders K
Kings Point
, FL
Updated November 11 at 2:26am UTC
1 Bedroom
$850
420 Piedmont I
Kings Point
, FL
Updated November 4 at 2:40am UTC
2 Bedrooms
$1,095
731 Monaco P
Kings Point
, FL
Updated November 17 at 10:20am UTC
1 Bedroom
$1,000
530 Normandy L
Kings Point
, FL
Updated November 14 at 9:50am UTC
1 Bedroom
$1,150
5192 JOG LN #5192
, FL
Updated October 25 at 1:55am UTC
2 Bedrooms
$1,100
229 Flanders E
Kings Point
, FL
Updated October 31 at 6:15pm UTC
2 Bedrooms
$1,100
895 NORMANDY S
Kings Point
, FL
Updated October 18 at 9:38am UTC
1 Bedroom
$1,000
545 Burgundy L
Kings Point
, FL
Updated September 26 at 1:46am UTC
1 Bedroom
$1,000
839 Flanders R
Kings Point
, FL
Updated November 5 at 2:14am UTC
1 Bedroom
$1,100
28 Colonial Club Drive
Boynton Beach
Boynton Beach, FL
Updated November 1 at 5:17pm UTC
1 Bedroom
$1,100
3826 N Old Dixie Hwy
Delray Beach
Delray Beach, FL
Updated November 16 at 12:33pm UTC
Studio
$1,075
211 S Swinton Ave
Delray Beach
Delray Beach, FL
Updated November 17 at 10:35am UTC
1 Bedroom
$1,090
89 Flanders B
Kings Point
, FL
Updated October 16 at 10:32am UTC
2 Bedrooms
$1,000
2309 S Federal Highway
Boynton Beach
Boynton Beach, FL
Updated November 17 at 5:56pm UTC
1 Bedroom
$950
Villa Cir
Boynton Beach
Boynton Beach, FL
Updated November 17 at 8:25am UTC
1 Bedroom
$1,150
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November 2017 Delray Beach Rent Report

Welcome to the November 2017 Delray Beach Rent Report. 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

November 2017 Delray Beach Rent Report

Welcome to the November 2017 Delray Beach Rent Report. 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 increase sharply over the past month

Delray Beach rents have increased 1.7% over the past month, and are up moderately by 2.2% in comparison to the same time last year. Currently, median rents in Delray Beach stand at $1,170 for a one-bedroom apartment and $1,480 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in August. Delray Beach'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 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 $1,280; 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 decreased 0.1% over the past month but were up 2.4% over the past year.

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

As rents have increased moderately in Delray Beach, 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 3.5% over the past year. For example, rents have grown by 5.7% in Tampa and 4.2% in Jacksonville.
  • Delray Beach's median two-bedroom rent of $1,480 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 2.2% rise in Delray Beach.
  • While Delray Beach's rents rose moderately over the past year, some cities nationwide saw decreases, including DC (-0.6%) and New York (-0.2%).
  • 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 $1,350 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%
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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.