ZIP Code · FL

ZIP 33433

Pop. 47,005·Palm Beach County·124th most expensive ZIP in Florida
Median rent (all units)
$2,586/mo
Year-over-Year
+4.2%
Month-over-Month
+0.6%
vs US Median
+$654
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33433 · $2,586
More expensive than 82% of US ZIP codes · National median $1,932/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 33433 usually run 0.4% below trend in February and 0.6% above it in November, about $26 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33433 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in ZIP 33433 changed +4.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 33433 rose 58.3% while median household income rose 31.9% ($63,774 to $84,091). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33433 is 58.5% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($84,091) is $2,102 a month. That is less than HUD's Fair Market Rent for a studio ($2,420).

Rank in Boca Raton

2nd cheapest of 9 ZIP codes in Boca Raton.

Cheaper nearby

ZIP 33067, 5 miles away, rents for 10% less ($2,326/mo), about $3,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33433. 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
$31,032/yr
At $2,586/mo median
Location
StateFL
CountyPalm Beach County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.2% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 33433 (Boca Raton, FL) is majority owner-occupied, has a large retiree population, 53.7% of residents hold a bachelor's degree or higher.

Population
47,005
Median income
$84,091
Median age
49.2
Renters
30.7%
Age distribution
18.5%
14.5%
23.6%
31.8%
Under 1818.5%
18–3414.5%
35–5423.6%
55–6411.6%
65+31.8%
Gender
44.7%
55.3%
Male44.7%
Female55.3%
Race & ethnicity
70.1%
17.8%
White70.1%
Black3.1%
Hispanic17.8%
Asian3.2%
Other5.8%
Education (25+)
16.7%
25.3%
53.7%
No HS diploma4.3%
HS diploma16.7%
Some college25.3%
Bachelor's+53.7%
Housing tenure
69.3%
30.7%
Owner69.3%
Renter30.7%

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

2021 vs 2026

How ZIP 33433 in Boca Raton, FL has changed in 5 years

Rent
$1,788 → $2,586
up 44.6%
Income
$65,716 → $84,091
up 28.0%
Population
42,684 → 47,005
up 10.1%
Renter share
28.8% → 30.7%
+1.9 pts
Bachelor's+
52.1% → 53.7%
+1.6 pts
Median age
50.4 → 49.2
-1.2 yrs

Rent in ZIP 33433 in Boca Raton, FL has climbed 44.6% since 2021, going from about $1,788 per month to roughly $2,586 today. Median household income grew from $65,716 to $84,091 between 2021 and 2024, a 28.0% shift. Rent outpaced income growth by roughly 16.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 42,684 to 47,005 between 2021 and 2024, a 10.1% change. About 30.7% of households rent today, against 28.8% in 2021. Taken together, the five-year picture in ZIP 33433 in Boca Raton, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 33433

Last updated: October 17, 2026

ZIP code 33433 covers Boca Raton, FL. The median rent here is $2,586/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 ($84,091/yr), ZIP 33433 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33433?

To keep rent at or below 30% of gross income, you would need to earn at least $103,000/year (about $50/hour full-time) to afford the median rent of $2,586/mo in ZIP 33433. The local median household income is $84,091/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33433?

Rent in ZIP 33433 has risen 4.2% 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 ZIP 33433?

Asking rents in ZIP 33433 are usually lowest in February, about 0.4% below their yearly trend, and highest in November, about 0.6% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33433?

Yes. From 2019 to 2024, rent in ZIP 33433 rose 58.3% while median household income rose 31.9%, from $63,774 to $84,091. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33433 compare to other ZIPs in Florida?

ZIP 33433 is one of the pricier among Florida ZIP codes for rent, ranking #124 of 656 at $2,586/mo. Over the year to September 2026, rent in ZIP 33433 changed +4.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33433 compare to the rest of Boca Raton?

At $2,586/mo, ZIP 33433 is $381 below the Boca Raton citywide median of $2,967/mo. It is the 2nd cheapest of 9 ZIP codes in Boca Raton.
Income Affordability
37%
MODERATE

At $2,586/mo, rent takes ~37% of ZIP 33433's median household income ($84,091/yr). The standard benchmark is 30%.

ZIP 33433 37%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33433 (Boca Raton, FL)

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