Boca Raton vs. Delray Beach: Home Prices, Rents and Market Pace

The Short Answer

Single-family homes sold for a median of $456 per square foot in Boca Raton and $400 in Delray Beach over the previous 90 days, about 14% higher in Boca Raton. Condos sold for $279 per square foot in Boca Raton and $183 in Delray Beach, about 52% higher in Boca Raton. The median asking rent was $3,150 a month in Boca Raton and $2,569 in Delray Beach. Homes took an average of 73 days to sell in Boca Raton and 85 in Delray Beach.

Figures as of September 22, 2026, calculated from BeachesMLS listing and sales data.

Boca Raton and Delray Beach Side by Side

Boca RatonDelray Beach
Single-family sale price per sq ft (90 days)$456$400
Condo sale price per sq ft (90 days)$279$183
Median asking rent, all homes$3,150$2,569
Median asking rent, houses$5,000$4,000
Median asking rent, condos$2,400$2,200
Median leased rent (90 days)$2,300$2,000
Single-family rent per sq ft$2.87$2.99
Condo rent per sq ft$2.45$2.22
Average days to sell73 days85 days
Average days to lease73 days85 days
Months of inventory6.2 months7 months
Closed sales (90 days)980588
Homes for rent now863650
Luxury price threshold on this site$2 million$1 million

Source: BeachesMLS. Medians, not averages. Not an appraisal.

Buying: Price per Square Foot

Over the previous 90 days, single-family homes closed at a median of $456 per square foot in Boca Raton and $400 in Delray Beach, about 14% higher in Boca Raton. Condos closed at $279 and $183, about 52% higher in Boca Raton. Price per square foot compares the two cities on equal terms, but it is a citywide median: waterfront, new construction and older inland homes sit far apart within each city, and each city's own pages break that down.

Renting: Asking and Leased Rents

The median asking rent across all homes for rent was $3,150 a month in Boca Raton and $2,569 in Delray Beach. Houses were asking $5,000 and $4,000; condos $2,400 and $2,200. Leases that actually closed in the previous 90 days had a median of $2,300 in Boca Raton and $2,000 in Delray Beach. Asking and leased medians describe different sets of homes, so the gap between them is not a discount.

How Fast Each Market Moves

Homes that sold took an average of 73 days in Boca Raton and 85 days in Delray Beach; rentals took 73 and 85 days to lease. Boca Raton had 6.2 months of inventory, which reads as a buyer's market; Delray Beach had 7 months of inventory, which reads as a buyer's market. The rule this site uses: under four months of inventory favours sellers, over six favours buyers.

For Investors

Single-family rentals were asking $2.87 per square foot a month in Boca Raton and $2.99 in Delray Beach; condos $2.45 and $2.22. No yield is calculated from these figures, because the homes that sell and the homes that rent in a city are often different stock, and insurance, taxes at the purchase price and association rules decide an individual property's return. Nothing here is a projection or a promise of results.

How These Figures Are Calculated

Sale figures are medians of closings in the previous 90 days and rent figures are medians of active residential leases, with seasonal, weekly and one-time quotes excluded. Every city is measured at the same moment so the two columns can be compared. Boca Raton had more closings than one request returns, so its sale figures are computed on a sample. The luxury threshold is the price this site uses for each city's luxury pages, set from that city's own prices. These are market statistics, not an appraisal of any home.

Boca Raton vs. Delray Beach: Questions

Is Boca Raton or Delray Beach more expensive?
Single-family homes sold for a median of $456 per square foot in Boca Raton and $400 in Delray Beach over the previous 90 days, about 14% higher in Boca Raton. Condos sold for $279 per square foot in Boca Raton and $183 in Delray Beach, about 52% higher in Boca Raton. The median asking rent was $3,150 a month in Boca Raton and $2,569 in Delray Beach. Homes took an average of 73 days to sell in Boca Raton and 85 in Delray Beach.
Is it cheaper to buy a house in Boca Raton or Delray Beach?
Per square foot, Delray Beach was cheaper: single-family homes closed at a median of $456 per square foot in Boca Raton and $400 in Delray Beach over the previous 90 days. The neighbourhood matters more than the city, so compare the specific areas you are considering.
Are rents higher in Boca Raton or Delray Beach?
The median asking rent was higher in Boca Raton: $3,150 a month in Boca Raton against $2,569 in Delray Beach, across all homes for rent.
Do homes sell faster in Boca Raton or Delray Beach?
In Boca Raton. Homes that sold in the previous 90 days took an average of 73 days in Boca Raton and 85 days in Delray Beach.

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