Is Boca Raton, FL a good place to invest in rental property?

Boca Raton, FL has a median modeled monthly cash flow of $-1,793 and a median cap rate of 2.8%, on a median sold price of $1,225,000. Prices changed -42.5% year over year.

What is the average cap rate in Boca Raton, FL?

The median cap rate across recently sold homes in Boca Raton, FL is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Boca Raton, FL?

The median sold price in Boca Raton, FL is $1,225,000 (about $521 per square foot).

Investing in Boca Raton, FL Real Estate

A data-driven snapshot of the Boca Raton, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,225,000Median sold price

$521Median $/sqft

2.8%Median cap rate

$-1,793Modeled cash flow / mo

-42.5%Appreciation YoY

442.5Months of supply

2,729Active listings

74Sold (last 12 mo)

What the Boca Raton numbers say

In Boca Raton, FL, the median home sold for $1,225,000 (about $521 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,793 of monthly cash flow. Sold prices moved -42.5% over the past year. Inventory sits at about 442.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Boca Raton cash-flowing listings

CashFlowRE ranks every for-sale home in Boca Raton, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Boca Raton deals, or browse the national market data.