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ZIP Code · FL

ZIP 33487

Pop. 20,717·Palm Beach County·36th most expensive ZIP in Florida
Median rent (all units)
$3,377/mo
Year-over-Year
+10.4%
Month-over-Month
+2.6%
vs US Median
+$1,412
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 33487 · $3,377
More expensive than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$2,280
1 BR
$2,420
2 BR
$2,870
3 BR
$3,720
4 BR+
$4,310
Research median
$2,870/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
$40,524/yr
At $3,377/mo median
Location
StateFL
CountyPalm Beach County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.4% YoY, +2.6% MoM), not inventory.
Demographics

Who lives here

ZIP 33487 (Boca Raton, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 60.3% of residents hold a bachelor's degree or higher.

Population
20,717
Median income
$96,066
Median age
55
Renters
26.8%
Age distribution
12.7%
16.3%
21.2%
17.9%
32%
Under 1812.7%
18–3416.3%
35–5421.2%
55–6417.9%
65+32%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
76.5%
14.3%
White76.5%
Black4.6%
Hispanic14.3%
Asian2.4%
Other2.2%
Education (25+)
12.1%
24.7%
60.3%
No HS diploma2.9%
HS diploma12.1%
Some college24.7%
Bachelor's+60.3%
Housing tenure
73.2%
26.8%
Owner73.2%
Renter26.8%

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

2021 vs 2026

How ZIP 33487 in Boca Raton, FL has changed in 5 years

Income
$80,034 → $96,066
up 20.0%
Population
21,691 → 20,717
down 4.5%
Renter share
27% → 26.8%
-0.2 pts
Bachelor's+
59.8% → 60.3%
+0.5 pts
Median age
52.4 → 55
+2.6 yrs

Local incomes tracked alongside that move, going from a median of $80,034 in 2021 to $96,066 more recently. Headcount in the area went from 21,691 to 20,717 between 2021 and 2024, a 4.5% change.

Community

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Local insights

Tips for renters in ZIP 33487

About renting in ZIP 33487

Last updated: July 20, 2026

ZIP code 33487 covers Boca Raton, FL. The median rent here is $3,377/mo as of July 2026. A 1-bedroom rents for a median of $2,420/mo. A 2-bedroom rents for a median of $2,870/mo.

At 42% of local median household income ($96,066/yr), ZIP 33487 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 33487?

As of July 20, 2026, the median monthly rent in ZIP 33487 (Boca Raton, FL) is $3,377. This is based on aggregated data from public sources and community submissions.

How does ZIP 33487 rent compare to the US average?

ZIP 33487's median rent of $3,377/mo is $1,412 (72%) above the US national median of $1,965/mo.

How does ZIP 33487 compare to other ZIPs in Florida?

ZIP 33487 is one of the pricier ZIP codes in Florida, ranking #36 out of 662 ZIPs tracked at $3,377/mo.

How much income do you need to rent in ZIP 33487?

To keep rent at or below 30% of gross income, you would need to earn at least $135,000/year (~$65/hour full-time) to afford the median rent of $3,377/mo in ZIP 33487. The local median household income is $96,066/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 33487?

Rent in ZIP 33487 has increased 10.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 33487 an affordable place to rent?

ZIP 33487 is considered stretched for renters. At $3,377/mo, rent takes approximately 42% of the local median household income ($96,066/yr). The standard benchmark is 30%. ZIP 33487 significantly exceeds that threshold, making it challenging for many renters.

What percentage of ZIP 33487 residents rent vs. own?

According to Census data, approximately 26.8% of ZIP 33487 households are renters, while 73.2% are owner-occupied. ZIP 33487 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 33487 compare to the rest of Boca Raton?

ZIP 33487 is pricier than Boca Raton as a whole. At $3,377/mo, it's $437 above the Boca Raton citywide median of $2,940/mo.

When was rent data for ZIP 33487 last updated?

Rent data for ZIP 33487 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
42%
STRETCHED

At $3,377/mo, rent takes ~42% of ZIP 33487's median household income ($96,066/yr). The standard benchmark is 30%.

ZIP 33487 42%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 33487 (Boca Raton, FL)

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