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Rental Price Trends in Palm Coast, Boca Raton & Deerfield Beach (Mid-2025 Update)

  • Maria V.
  • Sep 8
  • 7 min read

Updated: Sep 9


Palm Coast, FL Rental

Palm Coast, FL Rental Market Update – Mid-2025

Palm Coast, Florida, continues to show signs of stability in its rental housing market through mid-2025. While rental prices vary by data source and property type, the overall trend suggests a cooling market with modest fluctuations month-to-month and little year-over-year movement.

Zillow

According to Zillow, the average rent in Palm Coast stands at approximately $2,060. This figure reflects an increase of about $65 compared to the same time last year, but a $40 decrease from the previous month, highlighting the market’s relative softness compared to national rental demand.

Apartments.com provides a more detailed breakdown by unit size. As of September 2025:

  • One-bedroom units average $1,532

  • Two-bedroom units average $1,672

  • Three-bedroom units average $1,846

Overall, this data shows a 0.8% year-over-year decline, suggesting that larger units are holding steady while the market in general has cooled slightly.

RentCafe

RentCafe places Palm Coast’s average apartment rent at around $1,667 (based on an average unit size of 1,115 sq. ft.). Their most recent update in July 2025 supports the view of a stable rental environment with moderate affordability relative to nearby Florida coastal cities.

Zumper

Zumper reports a median rent of approximately $2,000 for all property types as of August 2025. Within this, the average two-bedroom unit is around $1,500, while single-family houses average about $2,100. The platform notes a 1% month-over-month increase, but rents remain flat compared to last year.

Redfin

Redfin’s July 2025 update shows the average apartment rent at about $1,645, reflecting a slight $15 monthly decline (–0.9%). This further indicates stabilization, with Palm Coast avoiding the sharp rent surges seen in some other Florida metros earlier in the decade.

Across all sources, Palm Coast rental prices currently range between $1,532 and $2,060, depending on the unit type and reporting platform. The market shows relative stability with mild month-to-month changes and minimal year-over-year growth. For renters, this offers a more predictable environment, while property owners may find fewer opportunities for rapid rent increases compared to hotter markets.


Boca Raton, FL Rental

Boca Raton, FL Rental Market Update – Mid-2025

Boca Raton continues to stand out as one of South Florida’s most expensive rental markets in mid-2025. While demand remains strong, recent data points to slight cooling, with modest declines both month-over-month and year-over-year. Still, average rents are well above national benchmarks, underscoring the city’s premium appeal.

Zillow

As of September 6, 2025, Zillow reports the average rent in Boca Raton at around $3,283. This reflects a $18 drop compared to the previous month and a $217 decrease year-over-year. Despite these softening trends, Boca’s market remains classified as “warm,” with prices still hovering about 56% above the U.S. average.

RentCafe

RentCafe places Boca Raton’s average apartment rent at $2,914 (based on an average apartment size of roughly 1,057 sq. ft., last updated July 2025). This suggests a slightly more affordable average when compared with Zillow, although still among the highest in the state.

Apartments.com (September 2025) offers a detailed breakdown by unit type:

  • Studios average $2,124

  • One-bedrooms average $2,294

  • Two-bedrooms average $2,965

  • Three-bedrooms average upwards of $3,902

The platform notes only a minimal annual decrease, indicating that while price growth has slowed, rents remain historically elevated.

RentHop

In the 33433 zip code, RentHop data shows a median rent of about $3,200. Rents range widely, from around $1,895 for one-bedroom units to as high as $7,000 for larger four-bedroom properties, reflecting the diversity of Boca Raton’s rental stock and the premium attached to larger homes.

Boca Raton’s rental market remains one of the most expensive in Florida, with average rents between $2,900 and $3,300 depending on the source. While slight declines have been recorded both monthly and annually, the overall market shows resilience, supported by strong demand and the city’s reputation as a luxury destination. For renters, the data suggests small windows of relief compared to last year, but affordability continues to be a challenge.


Deerfield Beach, FL Rental

Deerfield Beach, FL Rental Market Update – Mid-2025

Deerfield Beach’s rental market in mid-2025 reflects a period of adjustment, with modest year-over-year declines offset by recent short-term increases. While average rents vary across platforms, the overall picture is one of relative affordability compared to nearby South Florida markets such as Boca Raton, yet still above national averages.

Zillow

As of September 2025, Zillow reports the average rent in Deerfield Beach at approximately $2,500. This marks an $86 increase month-over-month, but a notable $250 decline year-over-year. Zillow’s market temperature indicator categorizes Deerfield Beach as cool, suggesting softer demand relative to regional hotspots.

RentCafe

Data from Apartments.com and RentCafe (September 2025) offers more granular insight:

  • Studios average around $1,520

  • One-bedroom units average $1,743

  • Two-bedroom units average $2,163

  • Overall apartment average stands at roughly $1,747, placing the market about 7% higher than the U.S. national average.

RentCafe Market Trends

RentCafe’s market trends page highlights additional variability, with average apartment rents ranging between $1,627 and $1,979 depending on unit size and property type. This range reinforces the affordability gap between Deerfield Beach and its luxury-driven neighbors while reflecting the city’s mix of housing options.

Deerfield Beach’s rental market is currently positioned between stability and slight correction. Average rents range from $1,747 to $2,500, depending on the data source and unit type. Year-over-year declines indicate easing affordability pressures, while month-to-month increases suggest demand is holding steady. For renters, Deerfield Beach offers a more balanced market compared to nearby premium-priced cities, making it an attractive option within the South Florida region.


Florida Rental Landscape

Florida Rental Landscape – Mid-2025 Context

Florida’s rental market continues to evolve, shaped by strong demand, luxury development, and shifting affordability. While recent data across cities like Palm Coast, Boca Raton, and Deerfield Beach shows relative stability and modest declines in mid-2025, the broader statewide context reveals a deeper structural challenge: the steady disappearance of affordable housing options.

Shrinking Supply of Affordable Rentals

A recent Harvard study, highlighted by Axios, underscores the significant affordability issue facing Florida renters. Over the past decade, the state has seen a ~60% drop in rental units priced under $1,000 per month. This decline is largely tied to a construction boom that has favored luxury apartments and higher-end multifamily projects rather than workforce or entry-level housing.

Luxury Development and Market Pressures

Florida’s coastal cities—already high-demand destinations due to climate, employment, and lifestyle—have leaned heavily toward luxury-focused development. While this has expanded the supply of modern, amenity-rich apartments, it has also reduced access to affordable units for low- and middle-income renters. In some markets, this shift has helped ease competition for higher-priced rentals, leading to slower growth or even slight declines in average rent. However, it has left many renters priced out of once-accessible neighborhoods.

Implications for Renters and Investors

For renters, the shrinking pool of affordable housing options translates into tighter budgets, longer commutes, or the need to share housing. For investors and developers, the market signals both opportunity and responsibility: while luxury demand remains strong, there is a clear and growing need for workforce housing solutions. Municipal and state policymakers are likely to continue addressing this imbalance through incentives and zoning adjustments in the years ahead.

Florida’s mid-2025 rental market is best described as stable at the top but strained at the bottom. Cities like Boca Raton and Deerfield Beach illustrate how rents can fluctuate month-to-month while still trending far above national averages. Yet the statewide trend—a steep loss of affordable units—remains the defining factor shaping the housing landscape. Addressing this gap will be critical for ensuring long-term sustainability in Florida’s rental market.


Final Takeaways: Mid-2025 Rental Trends

Florida’s mid-2025 rental market presents a mixed picture across cities, with some regions showing slight declines and stabilization, while others continue to command premium rates. The following city-level insights highlight how affordability and demand are shaping local markets:

City

Avg Rent (Mid-2025)

Trend Summary

Palm Coast

~$1,500–$2,060

Slight month-to-month declines; overall stable

Boca Raton

~$2,900–$3,300

Consistently high rates; modest cooling trend

Deerfield Beach

~$1,700–$2,500

Mixed figures; modest annual decreases

Affordability Comparison

  • Boca Raton remains the most expensive among the three markets, reflecting its luxury-driven profile and strong demand from higher-income renters.

  • Deerfield Beach holds a middle ground, with rents significantly lower than Boca but still above the national average.

  • Palm Coast offers the most affordable options, though average rents remain steady rather than showing substantial decreases.

Broader Trends

Across Florida, the mid-2025 rental environment reflects modest cooling or stabilization, providing renters with a temporary reprieve from the rapid price escalations of prior years. However, the statewide challenge of affordability persists. A Harvard study cited by Axios highlights a ~60% drop in rentals priced under $1,000 over the past decade, emphasizing how the luxury construction boom has diminished affordable housing stock.

The mid-2025 Florida rental market is defined by stability at the higher end and strain at the lower end. Cities like Boca Raton and Deerfield Beach illustrate the premium costs of South Florida living, while Palm Coast demonstrates relative affordability with limited volatility. For renters, the market offers more predictability than in past years, but the long-term issue of affordability remains unresolved.



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