Is Delray Beach, FL a good place to invest in rental property?

Delray Beach, FL has a median modeled monthly cash flow of $-482 and a median cap rate of 4.3%, on a median sold price of $427,500. Prices changed +15.7% year over year.

What is the average cap rate in Delray Beach, FL?

The median cap rate across recently sold homes in Delray Beach, FL is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Delray Beach, FL?

The median sold price in Delray Beach, FL is $427,500 (about $239 per square foot).

Investing in Delray Beach, FL Real Estate

A data-driven snapshot of the Delray Beach, 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.

$427,500Median sold price

$239Median $/sqft

4.3%Median cap rate

$-482Modeled cash flow / mo

+15.7%Appreciation YoY

643.1Months of supply

2,251Active listings

42Sold (last 12 mo)

What the Delray Beach numbers say

In Delray Beach, FL, the median home sold for $427,500 (about $239 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-482 of monthly cash flow. Sold prices moved +15.7% over the past year. Inventory sits at about 643.1 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 Delray Beach cash-flowing listings

CashFlowRE ranks every for-sale home in Delray Beach, 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 Delray Beach deals, or browse the national market data.