Real Estate Investing in Delray Beach, Florida (33484)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33484 (Delray Beach, FL)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.5% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).
- 1-year downturn: Values declined 6.5% in the last year.
What’s happening in Delray Beach, FL (33484)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33484 Delray Beach
Predictable is the word. ZIP 33484 reflects $202K median values, $2,704/mo rent, and a 0.0% trajectory that has not surprised anyone in a while.
What you underwrite in 33484 is what you tend to get. That is harder to find than most investors admit, and it is why this ZIP earns its place in diversified rental portfolios.
The sturdy case for 33484 regionally is its consistency — the ZIP has tracked FL trends without outsized volatility in either direction.
The 19% renter share in 33484 sits close to the Palm Beach County average. That alignment with regional norms is a feature for investors pricing risk.
First-time investors often find 33484 a reasonable starting point. Experienced investors often find it a reasonable anchor for a broader portfolio. a viable market for on both counts.
Here's what matters if you're considering buying a home in Delray Beach:
Property Strategy for 33484
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $91,612 | $1,810 | 14.2% | +3.1% | $91,612 |
| 2BR | $184,576 | $2,140 | 8.3% | +4.0% | $92,288 |
| 3BR | $446,717 | $2,770 | 4.5% | +7.6% | $148,906 |
| 4BR | $771,850 | $3,220 | 3.0% | +11.9% | $192,963 |
| 5BR | $2,175,809 | — | — | +14.6% | $435,162 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33484 Compare?
| Metric | 33484 | Delray Beach | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $202,277 | $479,405 | N/A | $374,697 |
| 5-Year CAGR | 1.3% | 4.7% | N/A | 7.4% |
| Avg Rent | $2,704 | $2,876 | N/A | - |
| Cap Rate | 10.4% | 6.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33484 (Delray Beach, FL). Anonymous, moderated, never written by AI.
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Property managers serving Palm Beach County
Manage rentals here? List your business →Ibero Property Management and Real Estate Services offers apartment, multifamily, commercial, and rental management, alongside real estate services for sellers, buyers, and investors. summary from their website
Mangrove Property Management specializes in leasing, management, and sales of rental properties including single-family homes, townhomes, condos, and multi-family buildings in Northern and Central Pal summary from their website
Maxima Property Management Inc. offers property management, real estate brokerage, second home management, and vacation rental management services in South Florida, including Pompano Beach, Fort Laude summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $202,277 |
| Monthly Rent | $2,704 |
| Price-to-Rent | 6.2:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 16.0% |
| Cap Rate | 10.4% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | -6.5% ▼ |
| 3-Year CAGR | -8.3% ▼ |
| 5-Year CAGR | +1.3% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 Rent Trends
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (10.4%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33484
Population: 25,905
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 33484
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
CARVER MIDDLE SCHOOL
ORCHARD VIEW ELEMENTARY SCHOOL
BANYAN CREEK ELEMENTARY SCHOOL
ATLANTIC HIGH SCHOOL
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,432 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Delray Beach, FL?
Homes in Delray Beach, FL typically sell near $202K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Should investors consider Delray Beach, FL?
The 4.0/5 investability rating in Delray Beach, FL reflects its $202K prices and $2,704/mo rents. Investors generally consider it a solid option within FL.
Is Delray Beach, FL better for rentals, flips, or BRRRR?
Delray Beach, FL investors pursuing steady buy-and-hold investing. The underlying economics ($202K prices, $2,704/mo rents) make it a reasonable choice.
Is Delray Beach, FL a good market for FHA house hackers?
Delray Beach, FL offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,704/mo rent level.
What is the typical rental rate in Delray Beach, FL?
Investors in Delray Beach, FL typically see rents near $2,704/mo per month against $202K home values - a solid setup for rental cash flow.
You know 33484 now. You don’t know where it ranks.
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How 33484 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
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