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)
$2,820/mo
Year-over-Year
+3.9%
Month-over-Month
+0.6%
vs US Median
+$888
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Delray Beach · $2,820
More expensive than 87% of US cities · National median $1,932/mo
Rent Reality Score
71/100
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
$2,820/mo
Expected by trend
$3,154/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
Fair Market Rent (HUD)
$2,334/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,820 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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

May. Asking rents in Delray Beach usually run 1.3% below trend in May and 1.6% above it in December, about $82 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Delray Beach is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in Delray Beach changed +3.9% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in Delray Beach rose 58.6% while median household income rose 35.1% ($60,746 to $82,041). Rent outpaced income.

Since before the pandemic

Rent in Delray Beach is 60.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 7 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($82,041) is $2,051 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,954); a 2-bedroom is $2,334.

Spread across ZIP codes

The priciest of 5 ZIP codes in Delray Beach, 33483 ($3,408/mo), costs 30% more than the cheapest, 33446 ($2,630/mo).

Cheaper nearby

Boynton Beach, 5 miles away, rents for 17% less ($2,348/mo), about $5,700 a year in savings.

From Zillow's monthly rent index (ZORI) for Delray Beach. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$33,840/yr
At $2,820/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.9% YoY, +0.6% 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
$1,968 → $2,820
up 43.3%
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 $1,968 to $2,820, a 43.3% 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 $2,820/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: October 17, 2026

The median rent in Delray Beach is $2,820/mo as of October 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 3.9% over the past year.

FAQ

Frequently asked questions

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 $113,000/year (about $54/hour full-time) to afford the median rent of $2,820/mo in Delray Beach. The local median household income is $82,041/yr, so the typical household falls short of that bar.

Is rent going up or down in Delray Beach?

Rent in Delray Beach has risen 3.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Delray Beach?

Asking rents in Delray Beach are usually lowest in May, about 1.3% below their yearly trend, and highest in December, about 1.6% above it. At today's median that is a gap of roughly $82 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Delray Beach?

Yes. From 2019 to 2024, rent in Delray Beach rose 58.6% while median household income rose 35.1%, from $60,746 to $82,041. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Delray Beach neighborhoods have the lowest rent?

The most affordable ZIP codes in Delray Beach are 33446 ($2,630/mo), 33484 ($2,700/mo), and 33445 ($2,760/mo). Citywide, the median rent is $2,820/mo.

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

Delray Beach is one of the pricier among Florida cities for rent, ranking #42 of 289 tracked cities at $2,820/mo. Over the year to September 2026, rent in Delray Beach changed +3.9%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

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

Nearby cities with lower median rent than Delray Beach ($2,820/mo) include Boynton Beach ($2,348/mo).
Income Affordability
41%
STRETCHED

At $2,820/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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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Delray Beach, FL

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