Fort Lauderdale, FL Rental Market Trends
Highlights
The average rent for an apartment in Fort Lauderdale is $2,018, a 5% increase compared to the previous year.
Average Rent in Fort Lauderdale, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,018 | 5% | 960 sq. ft. |
The average size for a Fort Lauderdale, FL apartment is 960 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Fort Lauderdale, FL Apartment Rent Ranges
- $501-$7002%
- $701-$1,0005%
- $1,001-$1,50021%
- $1,501-$2,00020%
- > $2,00052%
Fort Lauderdale, FL Occupied Housing Units
- Renter-occupied Households50%
- Owner-occupied Households49%
37,582 or 50% of the households in Fort Lauderdale, FL are renter-occupied while 36,578 or 49% are owner-occupied.
Fort Lauderdale, FL Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fort Lauderdale, FL | $1,705 | $1,753 | $1,844 | $1,853 | $1,878 | $1,889 | $1,914 | $1,917 | $1,948 | $1,950 | $2,018 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Fort Lauderdale, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Rock Island | $1,138 |
| Lauderdale Manors | $1,138 |
| Lake Aire Palm View | $1,138 |
| Home Beautiful Park | $1,138 |
| Golden Heights | $1,138 |
| Durrs | $1,138 |
| Dorsey-Riverbend | $1,138 |
| Dillard Park | $1,138 |
| City View Townhomes | $1,138 |
| Coral Ridge Isles | $1,195 |
| Boulevard Park Isles | $1,195 |
| Wilton Manors | $1,256 |
| Lauderdale Lakes | $1,294 |
| River Garden Sweeting Estate | $1,340 |
| Twin Lakes | $1,601 |
| Palm Aire Village | $1,601 |
| Lofts of Palm Aire Village | $1,601 |
| Fort Lauderdale Airport | $1,601 |
| Sunset | $1,617 |
| Shady Banks | $1,617 |
| Sailboat Bend | $1,617 |
| Riverside Park | $1,617 |
| Riverland Village | $1,617 |
| Riverland Manors | $1,617 |
| Riverland | $1,617 |
| River Run | $1,617 |
| River Landings | $1,617 |
| Oak River | $1,617 |
| Melrose Park | $1,617 |
| Melrose Manors | $1,617 |
| Lauderdale West | $1,617 |
| Lauderdale Isles | $1,617 |
| Flamingo Park | $1,617 |
| Chula Vista | $1,617 |
| South Middle River | $1,651 |
| Progresso Village | $1,651 |
| Fort Lauderdale - Hollywood International Airport | $1,686 |
| River Oaks | $1,854 |
| Edgewood | $1,854 |
| Croissant Park | $1,854 |
| Dolphin Isles | $1,873 |
| Lauderdale Beach | $2,007 |
| The Landings | $2,059 |
| North Golf-Lake Estates | $2,059 |
| Knoll Ridge | $2,059 |
| Imperial Point | $2,059 |
| Galt Mile | $2,059 |
| Coral Ridge Country Club Estates | $2,059 |
| Bermuda Riviera | $2,059 |
| Bay Colony | $2,059 |
| Poinciana Homes | $2,137 |
| Lauderdale Harbours | $2,178 |
| Harbour Isles of Fort Lauderdale | $2,178 |
| Harbour Inlet | $2,178 |
| Harbordale | $2,178 |
| Harbor Beach | $2,178 |
| Breakwater Surf | $2,178 |
| Poinsettia Heights | $2,193 |
| Middle River Terrace | $2,193 |
| Coral Ridge | $2,193 |
| Birch Park Finger | $2,193 |
| Bal Harbour | $2,193 |
| Fort Lauderdale Beach | $2,254 |
| Sunrise Key | $2,298 |
| Sunrise Intracoastal | $2,298 |
| Laudergate Isles | $2,298 |
| Lake Ridge | $2,298 |
| Victoria Park | $2,550 |
| Flagler Village | $2,550 |
| Rio Vista | $2,563 |
| Downtown Fort Lauderdale | $2,563 |
| Tarpon River | $2,646 |
| Seven Isles | $2,681 |
| Riviera Isles | $2,681 |
| Nurmi Isles | $2,681 |
| Las Olas Isles | $2,681 |
| Idlewyld | $2,681 |
| Hendricks and Venice Isles | $2,681 |
| Colee Hammock | $2,681 |
| Beverly Heights | $2,681 |
The most affordable neighborhoods in Fort Lauderdale are City View Townhomes, where the average rent goes for $1,138/month, Dillard Park, where renters pay $1,138/mo on average, and Dorsey-Riverbend, where the average rent goes for $1,138/mo. If you’re looking for other great deals, check out the listings from Durrs ($1,138), Golden Heights ($1,138), and Home Beautiful Park ($1,138), where the asking prices are below the average Fort Lauderdale rent of $2,018/mo.
The most expensive neighborhoods in Fort Lauderdale are Nurmi Isles ($2,681), Riviera Isles ($2,681) and Seven Isles ($2,681).
The most popular neighborhood in Fort Lauderdale is Flagler Village, where there are 7 verified RENTCafé listings with an average rent of $2,550. Next up is Lauderdale Manors, where apartments go for $1,138/month, followed by Sailboat Bend with $1,617 If you’re looking to rent in Fort Lauderdale’s most popular neighborhoods, make sure to also check out Edgewood, where renters pay $1,854 on average, and Lake Aire Palm View, where the average monthly rent is $1,138.
Fort Lauderdale | Rent Comparison by Neighborhood
Rent in Bal Harbour is 7% higher than in Bay Colony
Bal Harbour rent is 9% higher than Fort Lauderdale average
| Average Rent | $2,193 |
|---|
Bay Colony rent is 2% higher than Fort Lauderdale average
| Average Rent | $2,059 |
|---|
How Fort Lauderdale Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,109 | 4% |
| Tampa | $1,359 | 5% |
| Miami | $1,702 | 2% |
| Orlando | $1,435 | 2% |
| Gainesville | $1,310 | 4% |
| West Palm Beach | $1,481 | 4% |
| Fort Lauderdale | $2,018 | 5% |
| Boca Raton | $2,080 | 4% |
| Hollywood | $1,464 | -1% |
| Hialeah | $1,379 | 1% |
| Deerfield Beach | $1,539 | 3% |
For more information about the Fort Lauderdale rental trends, check out our monthly rent report
Check out Florida Cities, Florida Neighborhoods and Florida Zip Codes for more details on verified listings, including the Florida Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!