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ZIP Code · FL

ZIP 33432

Pop. 21,834·Palm Beach County·55th most expensive ZIP in Florida
Median rent (all units)
$3,066/mo
Year-over-Year
-1.6%
Month-over-Month
-1.4%
vs US Median
+$1,101
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33432 · $3,066
More expensive than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,420
1 BR
$2,570
2 BR
$3,050
3 BR
$3,950
4 BR+
$4,580
Research median
$3,050/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
$36,792/yr
At $3,066/mo median
Location
StateFL
CountyPalm Beach County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.6% YoY, -1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 33432 (Boca Raton, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 61.5% of residents hold a bachelor's degree or higher.

Population
21,834
Median income
$107,045
Median age
54.3
Renters
41%
Age distribution
19.6%
22.1%
22.7%
26%
Under 189.7%
18–3419.6%
35–5422.1%
55–6422.7%
65+26%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
76.9%
16.5%
White76.9%
Black3.9%
Hispanic16.5%
Asian2%
Other0.8%
Education (25+)
12.4%
22.2%
61.5%
No HS diploma4%
HS diploma12.4%
Some college22.2%
Bachelor's+61.5%
Housing tenure
59%
41%
Owner59%
Renter41%

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

2021 vs 2026

How ZIP 33432 in Boca Raton, FL has changed in 5 years

Rent
$2,247 → $3,066
up 36.4%
Income
$81,566 → $107,045
up 31.2%
Population
20,263 → 21,834
up 7.8%
Renter share
40.1% → 41%
+0.9 pts
Bachelor's+
57.3% → 61.5%
+4.2 pts

Five years ago, renters in ZIP 33432 in Boca Raton, FL paid around $2,247 a month. That figure now sits near $3,066, up 36.4% from the 2021 baseline. Census figures show median household income at $107,045 today, compared with $81,566 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 33432 in Boca Raton, FL adding about 1,571 residents over the five-year window, up 7.8% on net. Bachelor's-degree-or-higher attainment moved from 57.3% to 61.5% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 33432

Last updated: July 20, 2026

ZIP code 33432 covers Boca Raton, FL. The median rent here is $3,066/mo as of July 2026. A 1-bedroom rents for a median of $2,570/mo. A 2-bedroom rents for a median of $3,050/mo.

At 34% of local median household income ($107,045/yr), ZIP 33432 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33432?

As of July 20, 2026, the median monthly rent in ZIP 33432 (Boca Raton, FL) is $3,066. This is based on aggregated data from public sources and community submissions.

How does ZIP 33432 rent compare to the US average?

ZIP 33432's median rent of $3,066/mo is $1,101 (56%) above the US national median of $1,965/mo.

How does ZIP 33432 compare to other ZIPs in Florida?

ZIP 33432 is one of the pricier ZIP codes in Florida, ranking #55 out of 662 ZIPs tracked at $3,066/mo.

How much income do you need to rent in ZIP 33432?

To keep rent at or below 30% of gross income, you would need to earn at least $123,000/year (~$59/hour full-time) to afford the median rent of $3,066/mo in ZIP 33432. The local median household income is $107,045/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33432?

Rent in ZIP 33432 has decreased 1.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 33432 an affordable place to rent?

ZIP 33432 is considered moderate for renters. At $3,066/mo, rent takes approximately 34% of the local median household income ($107,045/yr). The standard benchmark is 30%. ZIP 33432 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 33432 residents rent vs. own?

According to Census data, approximately 41% of ZIP 33432 households are renters, while 59% are owner-occupied. ZIP 33432 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33432 compare to the rest of Boca Raton?

ZIP 33432 is pricier than Boca Raton as a whole. At $3,066/mo, it's $126 above the Boca Raton citywide median of $2,940/mo.

When was rent data for ZIP 33432 last updated?

Rent data for ZIP 33432 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $3,066/mo, rent takes ~34% of ZIP 33432's median household income ($107,045/yr). The standard benchmark is 30%.

ZIP 33432 34%Benchmark 30%
State income taxNone
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Public schools near ZIP 33432 (Boca Raton, FL)

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