Delray Beach, FL Rental Market Trends
The average rent for an apartment in Delray Beach is $2,011, a 7% increase compared to the previous year, when the average rent was $1,878.
Average Rent in Delray Beach, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,011||7%||1,134 sq. ft.|
The average size for a Delray Beach, FL apartment is 1,134 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Delray Beach, FL Apartment Rent Ranges
- > $2,00044%
Delray Beach, FL Occupied Housing Units
- Renter-occupied Households47%
- Owner-occupied Households52%
13,087 or 47% of the households in Delray Beach, FL are renter-occupied while 14,522 or 52% are owner-occupied.
Delray Beach, FL Rent Trends
|Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Feb / 2020|
Average Rent in Delray Beach, FL By Neighborhood
|Kings Point - Country Club Acres||$1,806|
|West Delray Regional Park||$1,809|
|Villages of Oriole||$1,809|
|High Point of Delray||$1,973|
|Atlantic Prak Gardens - Rosemont Park||$2,157|
|Seacrest - Palm Trail||$2,287|
|Downtown Delray Beach||$2,287|
|The Beach District||$2,388|
The most affordable neighborhoods in Delray Beach are Delray Villas, where the average rent goes for $1,805/month, High Point, where renters pay $1,805/mo on average, and Huntington Pointe, where the average rent goes for $1,805/mo. If you’re looking for other great deals, check out the listings from Kings Point - Country Club Acres ($1,806), Morikami Park ($1,806), and Addison Reserve ($1,809), where the asking prices are below the average Delray Beach rent of $2,011/mo.
The most expensive neighborhoods in Delray Beach are Osceola Park ($2,388), The Beach District ($2,388) and Tropic Isle ($2,388).
The most popular neighborhood in Delray Beach is Atlantic Prak Gardens - Rosemont Park, where there are 3 verified RENTCafé listings with an average rent of $2,157. Next up is Delaire, where apartments go for $1,973/month, followed by Seacrest - Palm Trail with $2,287 If you’re looking to rent in Delray Beach’s most popular neighborhoods, make sure to also check out Downtown Delray Beach, where renters pay $2,287 on average, and High Point of Delray, where the average monthly rent is $1,973.
Delray Beach | Rent Comparison by Neighborhood
Rent in Addison Reserve is 16% lower than in Atlantic Prak Gardens - Rosemont Park
Addison Reserve rent is 10% lower than Delray Beach average
Atlantic Prak Gardens - Rosemont Park rent is 7% higher than Delray Beach average
How Delray Beach Compares to Other Cities
|Average Rent||Y-o-Y Change|
|West Palm Beach||$1,481||4%|
For more information about the Delray Beach rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!