City Report · FL

Boynton Beach

Pop. 81,435·98th most expensive in Florida·Rental market data updated monthly for Boynton Beach, FL
Median rent (all units)
$2,369/mo
Year-over-Year
+0.4%
Month-over-Month
-1.5%
vs US Median
+$407
Falling (Monthly)
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Most AffordableMost Expensive
Boynton Beach · $2,369
More expensive than 75% of US cities · National median $1,962/mo
Rent Reality Score
75/100
Good value
OverheatedFairGreat value

Rents are 13% below what Boynton Beach's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,369/mo
Expected by trend
$2,714/mo
The Rent Reality Score compares today's median rent to where Boynton Beach's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,854
1 BR
$2,068
2 BR
$2,470
3 BR
$3,226
4 BR+
$3,868
Fair Market Rent (HUD)
$2,470/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,369 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$28,428/yr
At $2,369/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 0.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.4% YoY, -1.5% MoM), not inventory.
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Demographics

Who lives here

Boynton Beach, FL is majority owner-occupied, has a large retiree population, 32.1% of residents hold a bachelor's degree or higher.

Population
81,435
Median income
$70,074
Median age
42.5
Renters
35.3%
Age distribution
17.1%
22.9%
25.1%
12.5%
22.5%
Under 1817.1%
18–3422.9%
35–5425.1%
55–6412.5%
65+22.5%
Gender
47.6%
52.4%
Male47.6%
Female52.4%
Race & ethnicity
46%
33.9%
16.8%
White46%
Black33.9%
Hispanic16.8%
Asian2.8%
Other0.5%
Education (25+)
28%
28.3%
32.1%
No HS diploma11.6%
HS diploma28%
Some college28.3%
Bachelor's+32.1%
Housing tenure
64.7%
35.3%
Owner64.7%
Renter35.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Boynton Beach, FL has changed in 5 years

Rent
$1,650 → $2,369
up 43.6%
Income
$60,980 → $70,074
up 14.9%
Population
79,479 → 81,435
up 2.5%
Renter share
38.5% → 35.3%
-3.2 pts
Bachelor's+
30% → 32.1%
+2.1 pts
Median age
41 → 42.5
+1.5 yrs

Since 2021, the typical rent in Boynton Beach, FL has increased from $1,650 to $2,369, a 43.6% change over five years. Household income in the area moved from $60,980 to $70,074 across the same window, up 14.9% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 2.5% since 2021, moving from about 79,479 residents to roughly 81,435. Renters now make up 35.3% of households, compared with 38.5% five years ago. College-educated residents now make up 32.1% of adults here, versus 30% in 2021. Reading these numbers side by side helps frame whether current listings in Boynton Beach, FL look reasonable against where the market sat half a decade ago.

Community

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View Boynton Beach rent history (2015–2026) →
Salary vs rent

Can you afford rent in Boynton Beach on your salary?

At $2,369/mo, how Boynton Beach rent compares to typical pay (30% rule).

By apartment size

Boynton Beach rent by bedroom count

Median rent for each apartment size in Boynton Beach. Click any size for full breakdown.

Local insights

Tips for renters in Boynton Beach

About renting in Boynton Beach, FL

Last updated: August 17, 2026

The median rent in Boynton Beach is $2,369/mo as of August 2026. A studio apartment averages $1,854/mo while a 2-bedroom runs $2,470/mo. One-bedroom apartments average $2,068/mo and 3-bedroom units go for $3,226/mo.

At 41% of local median household income ($70,074/yr), Boynton Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.

FAQ

Frequently asked questions

Is Boynton Beach an affordable city for renters?

Boynton Beach is considered stretched for renters. At $2,369/mo, rent takes approximately 41% of the local median household income ($70,074/yr). The standard benchmark is 30%. Boynton Beach significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Boynton Beach?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (~$46/hour full-time) to afford the median rent of $2,369/mo in Boynton Beach. The local median household income is $70,074/yr, meaning the typical Boynton Beach household falls short of that threshold.

Is rent going up or down in Boynton Beach?

Rent in Boynton Beach has been relatively stable over the past year, with a 0.4% change year over year as of August 2026.

Which Boynton Beach neighborhoods have the lowest rent?

The most affordable ZIP codes in Boynton Beach are 33436 ($2,149/mo), 33426 ($2,352/mo), and 33437 ($2,397/mo). Citywide, the median rent in Boynton Beach is $2,369/mo.

How does Boynton Beach rent compare to other cities in Florida?

Boynton Beach is middle-of-the-pack for Florida for rent, ranking #98 out of 291 tracked cities at $2,369/mo.

Which nearby cities are cheaper to rent in than Boynton Beach?

Greenacres is nearby and more affordable at $2,111/mo, which is $258 less than Boynton Beach.

What percentage of Boynton Beach residents rent vs. own?

According to Census data, approximately 35.3% of Boynton Beach households are renters, while 64.7% are owner-occupied. Boynton Beach leans toward homeownership, which can mean a smaller rental inventory.

How does Boynton Beach rent compare to the national average?

Boynton Beach's median rent of $2,369/mo is $407 (21%) above the US national median of $1,962/mo. Within Florida, it ranks #98 out of 291 tracked cities.
Income Affordability
41%
STRETCHED

At $2,369/mo, rent takes ~41% of Boynton Beach's median household income ($70,074/yr). The standard benchmark is 30%.

Boynton Beach 41%Benchmark 30%
State income taxNone
Run the Boynton Beach affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Boynton Beach, FL

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