Delray Beach, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Delray Beach, Florida rental market.
Delray Beach, Florida
Average Apartment Rent
$2,892
Y-o-Y Change in Average
Apartment Rent
2.6%
As of May 2026
Compared to a year ago, Delray Beach, Florida apartments have recorded a 2.6% rent increase.
Delray Beach, Florida Average apartment rent trend
Delray Beach, Florida Average Apartment Rent
Delray Beach, Florida Apartment rent ranges
At 38.91%, apartments priced Over $3,000 represent the bulk of Delray Beach, Florida rentals, while condos priced $1,500 - $2,000 hold the lowest share of the market – 3.56%.
Delray Beach, Florida Housing tenure**
Renters take up 35% of Delray Beach, Florida real estate, occupying a total of 10,101 units, while homeowners live in 18,491 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$60,027
Average household size of renter-occupied housing units**
2.26
Rental vacancy rate**
9.2%
Delray Beach, Florida Renter-occupied housing units by no. of bedrooms**
There are 5,170 rentals in Delray Beach, Florida with 2 beds making up the highest share of the market, at 51%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 119 units. Overall, the median number of rooms in Delray Beach, Florida homes for rent is 3.9.
Delray Beach, Florida Renter-occupied units by age of householder**
Most condos for rent in Delray Beach, Florida are occupied by residents in the 25 - 34 years age group (21%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 4%.
Delray Beach, Florida Renter-occupied housing units by family type**
Delray Beach, Florida Renter-occupied housing units by the presence of own children**
A total of 4,595 apartments for rent in Delray Beach, Florida, or 45% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 2,057 units. All in all, the median size of a renter-occupied household in Delray Beach, Florida is 2.26.
Delray Beach, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 42% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Delray Beach, Florida.
Delray Beach, Florida Renter-occupied units by year structure built**
The highest share of Delray Beach, Florida apartment rentals, namely 28% or 2,833 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (16%, 1,647 units), and the ones Built 2010 - 2019 (16%, 1,619 units).
Delray Beach, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Delray Beach, Florida renters (45%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Delray Beach, Florida condos for rent is 2018.
Delray Beach, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 52% of Delray Beach, Florida renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 10% have No vehicle available.
Delray Beach, Florida Means of transportation to work of householders living in renter-occupied housing units**
Delray Beach, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Delray Beach, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
