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Boca Raton, FL

Full City Profile · Florida · Broward County County

3.5 /5.0
B+ Good
98,833 Population 3,387/sq mi density
$102,722 Median Income $72,542 per capita
$660,100 Home Value $558,294 Zillow
$2,334 Median Rent 39.3% income on rent
76°F Avg Temperature 343 sunny days/yr
184 Violent Crime/100K 2,158 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$102,722 median income, 3.4% unemployment
B
Affordability
3.0 / 5.0
$660,100 home value, $2,334/mo rent
F
Safety
1.0 / 5.0
184 violent crimes/100K
A+
Education
5.0 / 5.0
60.4% bachelor's degree or higher

Housing Overview

Median Home Value
$660,100
134% above
US avg: $281,900
Median Rent
$2,334/mo
101% above
US avg: $1,163/mo
Homeownership Rate
65.8%
1% above US avg (65.4%)
Total Housing Units
50,080
Median year built: 1982

Home Value by Source

Census Median
$660,100
Zillow (ZHVI)
$558,294
Median Sale Price
$930,000
Median List Price
$799,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.8%
Owner-Occupied
34.2%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $2,334/mo · Zillow rent: $2,918/mo

Market Indicators (Redfin)

Median Days on Market
94 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
120
Price Drops
23.4%
of listings with price reduction
Price Per Sq Ft
$475
Active Inventory
1,040
homes for sale

Affordability & Housing Stock

Rent Burden
39.3%
of renters spending 30%+ of income on housing
27% above US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
65.8%

Complete Housing Data

Home Values

Census Median Value$660,100
Zillow Home Value (ZHVI)$558,294
Median Sale Price$930,000
Median List Price$799,500
Price Per Sq Ft$475

Rent

Census Median Rent$2,334
Zillow Rent (ZORI)$2,918
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market94
Sale-to-List Ratio0.9%
Price Drops23.4%
Homes Sold120
Active Inventory1,040
Price Per Sq Ft$475

Ownership & Stock

Owner-Occupied65.8%
Renter-Occupied34.2%
Homeownership Rate65.8%
Total Housing Units50,080
Median Year Built1982
Rent Burden39.3%