Renting in Delray Beach

Delray Beach is a majority owner-occupied city, but a meaningful renter share still faces some of the higher apartment rents in Palm Beach County -- and rent estimates themselves vary noticeably by source and neighborhood.

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Owner-Occupied Majority, Real Renter Share

Census-based data cited by Point2Homes and other aggregators puts Delray Beach at 63.2% owner-occupied and 36.8% renter-occupied among its roughly 29,933 occupied housing units (2024 figure) -- a real, sizable renter population even though owners are the majority.

Average Rent Estimates Vary by Source

Rent.com-style aggregator data cites average asking rents in Delray Beach of about $2,132 for a one-bedroom, $2,235 for a studio, and $2,640 for a two-bedroom in 2026. Point2Homes cites a higher overall average of $2,817, while RentHop cites a median of $3,100 across all currently available listings, and Zillow cites a median of $3,500 across all bedroom counts and property types -- a wide spread reflecting different methodologies (average vs. median, and which listings are included) rather than one source being simply wrong.

Rent Varies Sharply by Neighborhood

One aggregator's neighborhood breakdown cites Seacrest, Villages of Oriole, and North Palm Trail as Delray's more affordable options, with one-bedroom averages around $1,800-$1,900, versus the Hanover neighborhood at the high end, averaging $3,313 for a one-bedroom -- close to double the more affordable areas cited.

Florida's Security Deposit Rules Apply Statewide

Florida Statute § 83.49 governs security deposits: a deposit collected before occupancy cannot exceed one month's rent, and the landlord must notify the tenant in writing within 30 days of where the deposit is held (interest-bearing or not) and the applicable interest rate. Florida does not statutorily cap deposit amounts beyond the pre-occupancy limit, though local ordinances can add further rules -- check current City of Delray Beach requirements directly rather than assuming statewide rules are the whole picture.

Key takeaways

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Last reviewed: 2026-08-22. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.