Fort Lauderdale, FL Rental Market Trends
What is the average rent in Fort Lauderdale?
The average rent for an apartment in Fort Lauderdale is $2,079, a 5% increase compared to the previous year. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Miami, FL.
Average Rent in Fort Lauderdale, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$2,079||5%||961 sq. ft.|
What is the average apartment size in Fort Lauderdale?
The average size for a Fort Lauderdale, FL apartment is 961 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
- > $2,00050%
Fort Lauderdale, FL Occupied Housing Units
- Renter-occupied Households51%
- Owner-occupied Households48%
38,083 or 51% of the households in Fort Lauderdale, FL are renter-occupied while 36,484 or 48% are owner-occupied.
Fort Lauderdale, FL Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||May / 2021|
Average Rent in Fort Lauderdale, FL By Neighborhood
|Hendricks and Venice Isles||$2,566|
|Las Olas Isles||$2,566|
|Downtown Fort Lauderdale||$2,498|
|Harbour Isles of Fort Lauderdale||$2,255|
|Fort Lauderdale Beach||$2,251|
|Birch Park Finger||$2,172|
|Middle River Terrace||$2,172|
|Coral Ridge Country Club Estates||$1,973|
|North Golf-Lake Estates||$1,973|
|Fort Lauderdale - Hollywood International Airport||$1,726|
|South Middle River||$1,667|
|Fort Lauderdale Airport||$1,628|
|Lofts of Palm Aire Village||$1,628|
|Palm Aire Village||$1,628|
|River Garden Sweeting Estate||$1,356|
|Boulevard Park Isles||$1,209|
|Coral Ridge Isles||$1,209|
|City View Townhomes||$1,148|
|Home Beautiful Park||$1,148|
|Lake Aire Palm View||$1,148|
What are the most affordable neighborhoods in Fort Lauderdale?
The most affordable neighborhoods in Fort Lauderdale are City View Townhomes, where the average rent goes for $1,148/month, Dillard Park, where renters pay $1,148/mo on average, and Dorsey-Riverbend, where the average rent goes for $1,148/mo. If you’re looking for other great deals, check out the listings from Durrs ($1,148), Golden Heights ($1,148), and Home Beautiful Park ($1,148), where the asking prices are below the average Fort Lauderdale rent of $2,079/mo.
What are the most expensive neighborhoods in Fort Lauderdale?
The most expensive neighborhoods in Fort Lauderdale are Nurmi Isles ($2,566), Riviera Isles ($2,566) and Seven Isles ($2,566).
What are the most popular neighborhoods in Fort Lauderdale?
The most popular neighborhood in Fort Lauderdale is Flagler Village, where there are 8 verified RENTCafé listings with an average rent of $2,471. Next up is Middle River Terrace, where apartments go for $2,172/month, followed by Sailboat Bend with $1,643 If you’re looking to rent in Fort Lauderdale’s most popular neighborhoods, make sure to also check out Victoria Park, where renters pay $2,471 on average, and Wilton Manors, where the average monthly rent is $1,270.
Fort Lauderdale | Rent Comparison by Neighborhood
Rent in Bal Harbour is 10% higher than in Bay Colony
Bal Harbour rent is 4% higher than Fort Lauderdale average
Bay Colony rent is 5% lower than Fort Lauderdale average
How Fort Lauderdale Compares to Other Cities
|Average Rent||Y-o-Y Change|
|West Palm Beach||$1,656||11%|