$3,000 Per Month
- 2 Beds
- 2 Baths
- 907 Sq Ft
- Condo for Rent
708 Normandy O, Delray Beach, FL 33484
708 Normandy O, Delray Beach, FL 33484
Frequently Asked Questions
How much does it cost to rent a condo in Delray Beach, FL?
The median rent for a condo in Delray Beach, FL is $2,150 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Delray Beach, FL?
To comfortably afford the median rent in Delray Beach, FL, a household needs to earn roughly $114,680 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,867 per month in Delray Beach, FL, renters typically need to show $8,601 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Delray Beach, FL?
In Delray Beach, FL, the price-to-rent ratio is 11.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Delray Beach, FL are best for renting a condo?
The best neighborhood for renting in Delray Beach, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Palm Greens, Kings Point, Villages of Oriole, Gleneagles and High Point, each with its own character and price range.
