ZIP Code · FL

ZIP 33435

Pop. 37,833·Palm Beach County·158th most expensive ZIP in Florida
Median rent (all units)
$2,459/mo
Year-over-Year
+2.3%
Month-over-Month
+0.6%
vs US Median
+$527
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33435 · $2,459
More expensive than 79% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,960
1 BR
$2,080
2 BR
$2,470
3 BR
$3,200
4 BR+
$3,710
Research median
$2,470/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

April. Asking rents in ZIP 33435 usually run 1.3% below trend in April and 1.6% above it in December, about $71 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33435 is 0.6% below its high of $2,475 in July 2026, at $2,459 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33435 changed +2.3% 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 33435 rose 65.6% while median household income rose 30.2% ($52,210 to $67,979). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33435 is 64.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($67,979) is $1,699 a month. That is less than HUD's Fair Market Rent for a studio ($1,960).

Rank in Boynton Beach

3rd cheapest of 5 ZIP codes in Boynton Beach.

Cheaper nearby

ZIP 33460, 6 miles away, rents for 20% less ($1,962/mo), about $6,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33435. 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
$29,508/yr
At $2,459/mo median
Location
StateFL
CountyPalm Beach County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.3% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 33435 (Boynton Beach, FL) is majority owner-occupied, has a large retiree population, 32.3% of residents hold a bachelor's degree or higher.

Population
37,833
Median income
$67,979
Median age
42.2
Renters
35.2%
Age distribution
18.8%
21.9%
23.3%
14.1%
21.8%
Under 1818.8%
18–3421.9%
35–5423.3%
55–6414.1%
65+21.8%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
41.7%
41.6%
16.3%
White41.7%
Black41.6%
Hispanic16.3%
Asian0.9%
Education (25+)
14.8%
29.9%
22.9%
32.3%
No HS diploma14.8%
HS diploma29.9%
Some college22.9%
Bachelor's+32.3%
Housing tenure
64.8%
35.2%
Owner64.8%
Renter35.2%

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

2021 vs 2026

How ZIP 33435 in Boynton Beach, FL has changed in 5 years

Rent
$1,654 → $2,459
up 48.7%
Income
$57,925 → $67,979
up 17.4%
Population
36,644 → 37,833
up 3.2%
Renter share
39.9% → 35.2%
-4.7 pts
Bachelor's+
27.7% → 32.3%
+4.6 pts
Median age
41 → 42.2
+1.2 yrs

Since 2021, the typical rent in ZIP 33435 in Boynton Beach, FL has climbed from $1,654 to $2,459, a 48.7% change over five years. Local incomes tracked alongside that move, going from a median of $57,925 in 2021 to $67,979 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.2% since 2021, moving from about 36,644 residents to roughly 37,833. Renters now make up 35.2% of households, compared with 39.9% five years ago. College-educated residents now make up 32.3% of adults here, versus 27.7% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 33435 in Boynton Beach, FL market of 2021.

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Local insights

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About renting in ZIP 33435

Last updated: October 17, 2026

ZIP code 33435 covers Boynton Beach, FL. The median rent here is $2,459/mo as of October 2026. A 1-bedroom rents for a median of $2,080/mo. A 2-bedroom rents for a median of $2,470/mo.

At 43% of local median household income ($67,979/yr), ZIP 33435 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33435?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (about $47/hour full-time) to afford the median rent of $2,459/mo in ZIP 33435. The local median household income is $67,979/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33435?

Rent in ZIP 33435 has risen 2.3% over the past year as of September 2026. It sits 0.6% below its high of $2,475 in July 2026.

When is the cheapest time to rent in ZIP 33435?

Asking rents in ZIP 33435 are usually lowest in April, 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 $71 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33435?

Yes. From 2019 to 2024, rent in ZIP 33435 rose 65.6% while median household income rose 30.2%, from $52,210 to $67,979. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33435 compare to other ZIPs in Florida?

ZIP 33435 is one of the pricier among Florida ZIP codes for rent, ranking #158 of 656 at $2,459/mo. Over the year to September 2026, rent in ZIP 33435 changed +2.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33435 compare to the rest of Boynton Beach?

At $2,459/mo, ZIP 33435 is $111 above the Boynton Beach citywide median of $2,348/mo. It is the 3rd cheapest of 5 ZIP codes in Boynton Beach.
Income Affordability
43%
STRETCHED

At $2,459/mo, rent takes ~43% of ZIP 33435's median household income ($67,979/yr). The standard benchmark is 30%.

ZIP 33435 43%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33435 (Boynton Beach, FL)

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