City Report · FL

Delray Beach

Pop. 67,979·42nd most expensive in Florida·One of the pricier rental markets in the US
Median rent (all units)
$2,788/mo
Year-over-Year
+3.6%
Month-over-Month
+0.4%
vs US Median
+$823
Stable (Monthly)
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Most AffordableMost Expensive
Delray Beach · $2,788
More expensive than 87% of US cities · National median $1,965/mo
Rent Reality Score
72/100
Good value
OverheatedFairGreat value

Rents are 11% below what Delray Beach's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,788/mo
Expected by trend
$3,128/mo
The Rent Reality Score compares today's median rent to where Delray Beach's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,748
1 BR
$1,954
2 BR
$2,334
3 BR
$3,048
4 BR+
$3,644
Research median
$2,334/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$33,456/yr
At $2,788/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.6% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Delray Beach, FL is majority owner-occupied, has a large retiree population, 43.7% of residents hold a bachelor's degree or higher.

Population
67,979
Median income
$82,041
Median age
51.3
Renters
36.8%
Age distribution
13.4%
20.5%
21.4%
16.7%
28%
Under 1813.4%
18–3420.5%
35–5421.4%
55–6416.7%
65+28%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
54.4%
29.2%
White54.4%
Black29.2%
Hispanic11.2%
Asian2.6%
Other2.6%
Education (25+)
20.1%
24.9%
43.7%
No HS diploma11.3%
HS diploma20.1%
Some college24.9%
Bachelor's+43.7%
Housing tenure
63.2%
36.8%
Owner63.2%
Renter36.8%

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

2021 vs 2026

How Delray Beach, FL has changed in 5 years

Rent
$1,935 → $2,788
up 44.1%
Income
$69,804 → $82,041
up 17.5%
Population
66,434 → 67,979
up 2.3%
Renter share
36.1% → 36.8%
+0.7 pts
Bachelor's+
40.5% → 43.7%
+3.2 pts
Median age
49.7 → 51.3
+1.6 yrs

Since 2021, the typical rent in Delray Beach, FL has climbed from $1,935 to $2,788, a 44.1% change over five years. Household income in the area moved from $69,804 to $82,041 across the same window, up 17.5% 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 2.3% since 2021, moving from about 66,434 residents to roughly 67,979. College-educated residents now make up 43.7% of adults here, versus 40.5% in 2021. Reading these numbers side by side helps frame whether current listings in Delray Beach, FL look reasonable against where the market sat half a decade ago.

Community

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

Can you afford rent in Delray Beach on your salary?

At $2,788/mo, how Delray Beach rent compares to typical pay (30% rule).

By apartment size

Delray Beach rent by bedroom count

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

Local insights

Tips for renters in Delray Beach

About renting in Delray Beach, FL

Last updated: July 20, 2026

The median rent in Delray Beach is $2,788/mo as of July 2026. A studio apartment averages $1,748/mo while a 2-bedroom runs $2,334/mo. One-bedroom apartments average $1,954/mo and 3-bedroom units go for $3,048/mo.

At 41% of local median household income ($82,041/yr), Delray Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

Is Delray Beach an affordable city for renters?

Delray Beach is considered stretched for renters. At $2,788/mo, rent takes approximately 41% of the local median household income ($82,041/yr). The standard benchmark is 30%. Delray Beach significantly exceeds that threshold, making it challenging for many renters.

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

To keep rent at or below 30% of gross income, you would need to earn at least $112,000/year (~$54/hour full-time) to afford the median rent of $2,788/mo in Delray Beach. The local median household income is $82,041/yr, meaning the typical Delray Beach household falls short of that threshold.

Is rent going up or down in Delray Beach?

Rent in Delray Beach has increased 3.6% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Delray Beach neighborhoods have the lowest rent?

The most affordable ZIP codes in Delray Beach are 33484 ($2,667/mo), 33446 ($2,679/mo), and 33445 ($2,724/mo). Citywide, the median rent in Delray Beach is $2,788/mo.

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

Delray Beach is one of the pricier cities in Florida for rent, ranking #42 out of 288 tracked cities at $2,788/mo.

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

Several nearby cities have lower median rents than Delray Beach ($2,788/mo): Hypoluxo ($2,342/mo), Boynton Beach ($2,404/mo).

What percentage of Delray Beach residents rent vs. own?

According to Census data, approximately 36.8% of Delray Beach households are renters, while 63.2% are owner-occupied. Delray Beach leans toward homeownership, which can mean a smaller rental inventory.

How does Delray Beach rent compare to the national average?

Delray Beach's median rent of $2,788/mo is $823 (42%) above the US national median of $1,965/mo. Within Florida, it ranks #42 out of 288 tracked cities.
Income Affordability
41%
STRETCHED

At $2,788/mo, rent takes ~41% of Delray Beach's median household income ($82,041/yr). The standard benchmark is 30%.

Delray Beach 41%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in Delray Beach
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Delray Beach, FL

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