An aerial view of Delray Beach

Living here

Cost of living in Delray Beach

Housing is more expensive than the US average. Rents, home prices, taxes and how far a paycheck goes.

Median rent

$1,914/mo

42% above US

Median home value

$386,700

27% above US

Median household income

$79,393

1% above US

Rent as share of income

29%

US 21%

Home price to income

4.9×

US 3.9×

Sales tax

6.5%

Rent by number of bedrooms

Studio$1,907a month
1 bedroom$2,008a month
2 bedrooms$2,349a month
3 bedrooms$3,052a month
4 bedrooms$3,523a month

HUD 2027 fair market rents for West Palm Beach-Boca Raton, FL HUD Metro FMR Area (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.

How Delray Beach compares

Median monthly rent
Median home value

Taxes

Compare with nearby cities

Questions

Is Delray Beach expensive to live in?

Housing in Delray Beach is more expensive than the national average: median rent is $1,914 (42% above US) and the median home value is $386,700 (27% above US).

How much is rent in Delray Beach?

The median gross rent is $1,914 a month. HUD’s 2027 fair market rents for the area are studio $1,907, 1 bedroom $2,008, 2 bedrooms $2,349, 3 bedrooms $3,052, 4 bedrooms $3,523.

How much of their income do renters spend in Delray Beach?

At the median, a year’s rent ($22,968) equals about 29% of the median household income ($79,393); nationally it’s about 21%.

What are taxes like in Delray Beach?

Sales tax is 6.5% and property taxes run about 0.81% of home value a year.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; Florida Department of Revenue - Discretionary Sales Surtax Information for Calendar Year 2026 (DR-15DSS, R. 11/25).

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