ZIP Code · FL

ZIP 33498

Part of Boca Raton, FL

Pop. 16,853·Palm Beach County·12th most expensive ZIP in Florida

Median rent (all units)

$4,983/mo

Year-over-Year

Stable

Month-over-Month

+0.4%

vs US Median

+$3,051

Reported rents

Stable (Monthly)

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ZIP 33498 · $4,983

More expensive than 99% 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

$2,220

1 BR

$2,470

2 BR

$2,960

3 BR

$3,860

4 BR+

$4,610

Research median

$2,960/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

What a typical income covers

30% of the median household income ($146,765) is $3,669 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,960); a 3-bedroom is $3,860.

Rank in Boca Raton

9th cheapest of 9 ZIP codes in Boca Raton.

Cheaper nearby

ZIP 33428, 2 miles away, rents for 45% less ($2,742/mo), about $26,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33498. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$59,796/yr

At $4,983/mo median

Location

CityBoca Raton

StateFL

CountyPalm Beach County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.0% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 33498 (Boca Raton, FL) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 57.6% of residents hold a bachelor's degree or higher.

Population

16,853

Median income

$146,765

Median age

45.2

Renters

5.3%

Age distribution

26.2%

13.5%

26.7%

15.1%

18.6%

Under 1826.2%

18–3413.5%

35–5426.7%

55–6415.1%

65+18.6%

Gender

50.3%

49.7%

Male50.3%

Female49.7%

Race & ethnicity

68.8%

19.8%

White68.8%

Black3.7%

Hispanic19.8%

Asian4%

Other3.6%

Education (25+)

12.1%

23.4%

57.6%

No HS diploma6.9%

HS diploma12.1%

Some college23.4%

Bachelor's+57.6%

Housing tenure

94.7%

Owner94.7%

Renter5.3%

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

2021 vs 2026

How ZIP 33498 in Boca Raton, FL has changed in 5 years

Income

$110,440 → $146,765

up 32.9%

Population

16,769 → 16,853

up 0.5%

Renter share

10.2% → 5.3%

-4.9 pts

Bachelor's+

55.9% → 57.6%

+1.7 pts

Median age

47.1 → 45.2

-1.9 yrs

Median household income rose from $110,440 to $146,765 between 2021 and 2024, a 32.9% shift. Renters now make up 5.3% of households, compared with 10.2% five years ago.

Community

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Local insights

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About renting in ZIP 33498

Last updated: October 17, 2026

ZIP code 33498 covers Boca Raton, FL. The median rent here is $4,983/mo as of October 2026. A 1-bedroom rents for a median of $2,470/mo. A 2-bedroom rents for a median of $2,960/mo.

At 41% of local median household income ($146,765/yr), ZIP 33498 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33498?

To keep rent at or below 30% of gross income, you would need to earn at least $199,000/year (about $96/hour full-time) to afford the median rent of $4,983/mo in ZIP 33498. The local median household income is $146,765/yr, so the typical household falls short of that bar.