ZIP Code · FL

ZIP 33434

Part of Boca Raton, FL

Pop. 21,686·Palm Beach County·172nd most expensive ZIP in Florida

Median rent (all units)

$2,417/mo

Year-over-Year

+5.3%

Month-over-Month

+0.7%

vs US Median

+$485

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 33434 · $2,417

More expensive than 78% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,510

1 BR

$1,610

2 BR

$1,910

3 BR

$2,470

4 BR+

$2,870

Research median

$1,910/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

Compared with the peak

Rent in ZIP 33434 is at its highest level since Zillow's records here began in April 2022.

Past year vs. the rest of Florida

Rent in ZIP 33434 changed +5.3% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($77,269) is $1,932 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,910); a 3-bedroom is $2,470.

Rank in Boca Raton

1st cheapest of 9 ZIP codes in Boca Raton.

Cheaper nearby

ZIP 33064, 8 miles away, rents for 11% less ($2,156/mo), about $3,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33434. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$29,004/yr

At $2,417/mo median

Location

CityBoca Raton

StateFL

CountyPalm Beach County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 5.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+5.3% YoY, +0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 33434 (Boca Raton, FL) is majority owner-occupied, has a large retiree population, 55.4% of residents hold a bachelor's degree or higher.

Population

21,686

Median income

$77,269

Median age

63.8

Renters

21.8%

Age distribution

12.7%

16.2%

14%

47.2%

Under 1812.7%

18–349.9%

35–5416.2%

55–6414%

65+47.2%

Gender

45.8%

54.2%

Male45.8%

Female54.2%

Race & ethnicity

74%

17.1%

White74%

Black3.5%

Hispanic17.1%

Asian3.6%

Other1.9%

Education (25+)

16.5%

23.6%

55.4%

No HS diploma4.5%

HS diploma16.5%

Some college23.6%

Bachelor's+55.4%

Housing tenure

78.2%

21.8%

Owner78.2%

Renter21.8%

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

2022 vs 2026

How ZIP 33434 in Boca Raton, FL has changed in 5 years

Rent

$2,106 → $2,417

up 14.8%

Income

$63,472 → $77,269

up 21.7%

Population

21,017 → 21,686

up 3.2%

Renter share

21.5% → 21.8%

+0.3 pts

Bachelor's+

54.6% → 55.4%

+0.8 pts

Since 2022, the typical rent in ZIP 33434 in Boca Raton, FL has increased from $2,106 to $2,417, a 14.8% change over five years. Local incomes tracked alongside that move, going from a median of $63,472 in 2021 to $77,269 more recently. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 3.2% since 2021, moving from about 21,017 residents to roughly 21,686. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33434 in Boca Raton, FL market of 2022.

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About renting in ZIP 33434

Last updated: October 17, 2026

ZIP code 33434 covers Boca Raton, FL. The median rent here is $2,417/mo as of October 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,910/mo.

At 38% of local median household income ($77,269/yr), ZIP 33434 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33434?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (about $47/hour full-time) to afford the median rent of $2,417/mo in ZIP 33434. The local median household income is $77,269/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33434?

Rent in ZIP 33434 has risen 5.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2022.

How does ZIP 33434 compare to other ZIPs in Florida?

ZIP 33434 is one of the pricier among Florida ZIP codes for rent, ranking #172 of 656 at $2,417/mo. Over the year to September 2026, rent in ZIP 33434 changed +5.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.