Boca Raton, Florida Short-Term Rental Market
Boca Raton STRs averaged $297/night at 61.3% occupancy in April 2026 — but residential STRs are banned under a pre-2011 ordinance.
Quick Answer: Boca Raton, Florida is an active short-term rental market. average occupancy is 61%. average monthly revenue is $5,128. average daily rate is $297. the top operator is Evolve with 113 listings. market score is 77/100 (grade B).
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
Boca Raton enforces one of Florida’s most restrictive residential STR bans. The city’s zoning code, adopted before June 1, 2011, prohibits all short-term rentals (under six months) in residential zones, including single-family homes, condominiums, and multi-family buildings. Because this ban predates Florida’s 2011 state preemption law, it is grandfathered and remains fully enforceable despite the statewide STR protection statute.
Despite the ban, the market data captures approximately 10,000+ tracked listings across the broader Boca Raton area (including Palm Beach County corridors), with a market-wide average daily rate of $297, occupancy of 61.3%, and RevPAR of $182 as of April 2026. Year-over-year, occupancy rose 2.1 percentage points, ADR grew 7.1%, and revenue increased a strong 13.8% versus April 2025.
The strong revenue performance reflects properties that are either legally operating from commercially-zoned hotel properties, unincorporated Palm Beach County properties outside Boca Raton city limits, or properties operating in violation of city code. The city draws approximately 1.35 million annual visitors, sustaining strong demand regardless of the STR regulatory environment.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 68% | $219 | $3,902 |
| Feb | 81% | $240 | $4,560 |
| Mar | 77% | $254 | $5,182 |
| Apr | 56% | $219 | $3,500 |
| May | 56% | $190 | $2,875 |
| Jun | 60% | $187 | $2,972 |
| Jul | 62% | $182 | $3,035 |
| Aug | 54% | $166 | $2,556 |
| Sep | 51% | $155 | $2,133 |
| Oct | 57% | $168 | $2,508 |
| Nov | 60% | $187 | $2,815 |
| Dec | 64% | $217 | $3,480 |
Top Short-Term Rental Operators in Boca Raton
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 113 | 3,744 | ★ 4.61 |
| 2 | Brampton Park | 63 | 1,378 | ★ 4.95 |
| 3 | Easy Air Rentals | 59 | 3,315 | ★ 4.86 |
| 4 | Palm Beach Vacation Rentals | 54 | 805 | ★ 4.84 |
| 5 | Five Star Vacation Rentals | 50 | 1,644 | ★ 4.67 |
What Kind of STR Should I Buy in Boca Raton?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 2,857 |
| 2 bed | 2,133 |
| 3 bed | 1,861 |
| 4 bed | 915 |
| 5 bed | 385 |
ADR by Property Tier
| Entire Home | $311 |
| Luxury | $621 |
| Professionally Managed | $434 |
Revenue by Dwelling Type
| Apartment | $4,135 |
| Entire Place | $5,386 |
| House | $5,640 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 40.1% |
| vrbo | 7.7% |
| both | 52.1% |
Investment Analysis
Boca Raton’s residential zones are not viable STR investment markets under current law. Any purchase of a residential property within Boca Raton city limits with the intent to operate a short-term rental would be in violation of the city’s grandfathered STR ban. Fines start at $1,000 for a first offense.
For reference, properties operating legally on commercially-zoned hotel or motel parcels can qualify for a Florida DBPR Vacation Rental Dwelling license ($170/year plus $50 application fee for new licensees) and must collect the 6% Palm Beach County Tourist Development Tax and 6% Florida state sales tax (combined 12% tax burden). Online booking platforms do not remit the county TDT on operators’ behalf in this market; operators must self-remit.
At a typical home value of $562,670 and market-wide average monthly revenue of $5,128, annualized gross revenue would theoretically be approximately $61,539, implying a gross yield of approximately 10.9% — but this is not actionable for new residential investors given the ban. The revenue data should be used for comparison context, not as a basis for underwriting new investment within city limits.
Investors seeking STR-compatible properties in the Palm Beach County market should investigate unincorporated areas of Palm Beach County, neighboring Delray Beach, or other municipalities where the STR regulatory environment is confirmed to permit residential rentals.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Boca Raton bookings average a 41-day lead time, roughly six weeks in advance. This is consistent with the drive-market and snowbird profile of Palm Beach County tourism, where winter visitors from the Northeast and Midwest book their seasonal stays in November and December for January through April arrival.
Average length of stay is 4.7 nights, among the longer stays in this batch, reflecting the snowbird and extended vacation character of South Florida STR demand. Operators on legally zoned commercial properties should anchor pricing for the January through March winter peak several months in advance and maintain firm rates for the December holiday period.
Short-Term Rental Regulations
Boca Raton bans short-term rentals (rentals under six months) in all residential zones under a pre-2011 zoning ordinance that is grandfathered under Florida law. STRs are legally permissible only on commercially-zoned hotel or motel properties. Florida’s 2011 state preemption statute (Fla. Stat. 509.032(7)(b)) does not apply to Boca Raton because the ban predates the statute.
Fines for operating an unpermitted STR in a prohibited residential zone begin at $1,000 for a first offense. The city actively monitors listing platforms and enforces the ban with moderate intensity.
Legally operating commercial properties must hold: a Florida DBPR Vacation Rental Dwelling license ($170/year single unit, plus $50 new application fee), a Palm Beach County Business Tax Receipt (renewed annually by September 30), and a Palm Beach County Tourist Development Tax account. The combined tax burden on gross rental revenue is approximately 12%: 6% Palm Beach County TDT plus 6% Florida state sales tax. Operators must self-remit the county TDT, as online platforms do not remit it on behalf of hosts in this market.
Market Comparison
Boca Raton’s April 2026 ADR of $297 is approximately 35% above the US STR median of approximately $220, while occupancy at 61.3% is approximately 6 percentage points above the national median. The 13.8% year-over-year revenue growth is one of the stronger figures in this batch.
Evolve leads the market with 113 listings and 3,744 reviews (4.61 average rating). Brampton Park follows with 63 listings and a notable 4.95 average rating across 1,378 reviews. Easy Air Rentals holds 59 listings (4.86 rating). Palm Beach Vacation Rentals manages 54 listings (4.84 rating). Five Star Vacation Rentals rounds out the top five with 50 listings (4.67 rating).
The relatively modest listing counts for top operators in a major market like Boca Raton reflect the supply constraint imposed by the residential STR ban. The operators present are likely managing commercially-zoned properties or properties in adjacent unincorporated areas.
Frequently Asked Questions About Boca Raton, Florida
Are short-term rentals legal in Boca Raton?
Can I buy a residential property in Boca Raton to use as an STR?
What is the average nightly rate in the Boca Raton market?
What are the peak seasons for the Boca Raton market?
What taxes apply to legally operating STRs in Boca Raton?
Where can investors find STR-legal properties near Boca Raton?
What is the overall Boca Raton market revenue performance?
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