ZIP 33432
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
June. Asking rents in ZIP 33432 usually run 1.7% below trend in June and 1.6% above it in January, about $108 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 33432 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 33432 changed +3.9% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 33432 rose 52% while median household income rose 38.6% ($77,250 to $107,045). Rent outpaced income.
Rent in ZIP 33432 is 52.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($107,045) is $2,676 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,570); a 2-bedroom is $3,050.
6th cheapest of 9 ZIP codes in Boca Raton.
ZIP 33441, 2 miles away, rents for 20% less ($2,614/mo), about $8,100 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 33432. 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.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 33432 in Boca Raton, FL has changed in 5 years
Five years ago, renters in ZIP 33432 in Boca Raton, FL paid around $2,331 a month. That figure now sits near $3,287, up 41.0% 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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Tips for renters in ZIP 33432
Last updated: October 17, 2026
ZIP code 33432 covers Boca Raton, FL. The median rent here is $3,287/mo as of October 2026. A 1-bedroom rents for a median of $2,570/mo. A 2-bedroom rents for a median of $3,050/mo.
At 37% of local median household income ($107,045/yr), ZIP 33432 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.
Frequently asked questions
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How does ZIP 33432 compare to other ZIPs in Florida?
How does ZIP 33432 compare to the rest of Boca Raton?
At $3,287/mo, rent takes ~37% of ZIP 33432's median household income ($107,045/yr). The standard benchmark is 30%.
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