Boca Raton, FL has a population of 93,964, while the median age is 47. The household income in Boca Raton, FL is around $76,218. The homeownership rate among the residents is 71%. The median residential property value in Boca Raton, FL that you should keep in mind is $401,000.
Population | 93,964 |
Median Age | 47.3 |
Poverty Rate | 8% |
Household Income | $76,218 |
Number Of Employees | 45,864 |
Median Property Value | $401,000 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $4,399 | +13% |
1-bed apartments | $2,600 | -16.5% |
2-bed apartments | $4,358 | -27.4% |
3-bed apartments | $6,177 | -33.4% |
4+ bed apartments | $13,705 | -14.1% |
Over the May 2023, the average rent for an apartment in/near Boca Raton, FL decreased by 17.4% to $6,831.
Compared to the last month, the average price for a rental studio in Boca Raton, FL has increased by 13%. You can expect to rent the studio for $4,399 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 16.5% to $2,600. Pricing for 2-bed apartment also decreased by 27.4% and a place of this size will now cost you $4,358. 3-bed apartment rent pricing starts at $6,177, it decreased by 33.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 14.1% and made it down to $13,705.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $3,831 | -62.4% |
Rooms for rent | $1,231 | -12.8% |
Condos for rent | $3,888 | -28.9% |
Apartments for rent | $8,668 | +0.9% |
Houses for rent | $7,234 | -25.2% |
The median rent for an apartment in Boca Raton, FL increased by 0.9% to $8,668. Statistics show that house rent price decreased by 25.2% this month making it up to $7,234. Condos faced an upward trend these days. The median rent for a condo decreased by 28.9%, it’s now available for $3,888. An average room will now go for $1,231, the median rent price for a room decreased by 12.8%. The median rent for a townhouse decreased by 62.4%, you’ll have to spend around $3,831 to get one.