Fort Lauderdale, FL Rental Market Trends

Highlights

The average rent for an apartment in Fort Lauderdale is $1,990, a 5% increase compared to the previous year.

Average Rent in Fort Lauderdale, FL

Last updated September 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,990	5%	960 sq. ft.

The average size for a Fort Lauderdale, FL apartment is 960 square feet, but this number varies greatly depending on apartment type. 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-$1,0007%
$1,001-$1,50019%
$1,501-$2,00029%
> $2,00043%

Fort Lauderdale, FL Occupied Housing Units

Renter-occupied Households51%
Owner-occupied Households48%

37,924 or 51% of the households in Fort Lauderdale, FL are renter-occupied while 35,733 or 48% are owner-occupied.

Fort Lauderdale, FL Rent Trends

Average Rent	Jul / 2016	Nov / 2016	Mar / 2017	Jul / 2017	Nov / 2017	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Sep / 2019
Fort Lauderdale, FL	$1,531	$1,540	$1,753	$1,844	$1,853	$1,878	$1,889	$1,914	$1,917	$1,990
National	$1,342	$1,350	$1,346	$1,378	$1,380	$1,383	$1,418	$1,427	$1,431	$1,466

Average Rent in Fort Lauderdale, FL By Neighborhood

Neighborhood	Average Rent
Rock Island	$1,114
Lauderdale Manors	$1,114
Lake Aire Palm View	$1,114
Home Beautiful Park	$1,114
Golden Heights	$1,114
Durrs	$1,114
Dorsey-Riverbend	$1,114
Dillard Park	$1,114
City View Townhomes	$1,114
Coral Ridge Isles	$1,160
Boulevard Park Isles	$1,160
Wilton Manors	$1,225
Lauderdale Lakes	$1,284
River Garden Sweeting Estate	$1,333
Twin Lakes	$1,587
Palm Aire Village	$1,587
Lofts of Palm Aire Village	$1,587
Fort Lauderdale Airport	$1,587
South Middle River	$1,604
Progresso Village	$1,604
Sunset	$1,634
Shady Banks	$1,634
Sailboat Bend	$1,634
Riverside Park	$1,634
Riverland Village	$1,634
Riverland Manors	$1,634
Riverland	$1,634
River Run	$1,634
River Landings	$1,634
Oak River	$1,634
Melrose Park	$1,634
Melrose Manors	$1,634
Lauderdale West	$1,634
Lauderdale Isles	$1,634
Flamingo Park	$1,634
Chula Vista	$1,634
Fort Lauderdale - Hollywood International Airport	$1,671
Dolphin Isles	$1,825
River Oaks	$1,884
Edgewood	$1,884
Croissant Park	$1,884
Lauderdale Beach	$1,966
The Landings	$2,021
North Golf-Lake Estates	$2,021
Knoll Ridge	$2,021
Imperial Point	$2,021
Galt Mile	$2,021
Coral Ridge Country Club Estates	$2,021
Bermuda Riviera	$2,021
Bay Colony	$2,021
Poinsettia Heights	$2,125
Middle River Terrace	$2,125
Coral Ridge	$2,125
Birch Park Finger	$2,125
Bal Harbour	$2,125
Poinciana Homes	$2,141
Lauderdale Harbours	$2,179
Harbour Isles of Fort Lauderdale	$2,179
Harbour Inlet	$2,179
Harbordale	$2,179
Harbor Beach	$2,179
Breakwater Surf	$2,179
Fort Lauderdale Beach	$2,207
Sunrise Key	$2,223
Sunrise Intracoastal	$2,223
Laudergate Isles	$2,223
Lake Ridge	$2,223
Victoria Park	$2,460
Flagler Village	$2,460
Rio Vista	$2,492
Downtown Fort Lauderdale	$2,492
Tarpon River	$2,565
Seven Isles	$2,599
Riviera Isles	$2,599
Nurmi Isles	$2,599
Las Olas Isles	$2,599
Idlewyld	$2,599
Hendricks and Venice Isles	$2,599
Colee Hammock	$2,599
Beverly Heights	$2,599

The most affordable neighborhoods in Fort Lauderdale are City View Townhomes, where the average rent goes for $1,114/month, Dillard Park, where renters pay $1,114/mo on average, and Dorsey-Riverbend, where the average rent goes for $1,114/mo. If you’re looking for other great deals, check out the listings from Durrs ($1,114), Golden Heights ($1,114), and Home Beautiful Park ($1,114), where the asking prices are below the average Fort Lauderdale rent of $1,990/mo.

The most expensive neighborhoods in Fort Lauderdale are Nurmi Isles ($2,599), Riviera Isles ($2,599) and Seven Isles ($2,599).

Fort Lauderdale | Rent Comparison by Neighborhood

Rent in Bal Harbour is 5% higher than in Bay Colony

$2,125

Bal Harbour rent is 7% higher than Fort Lauderdale average

Average Rent	$2,125

$2,021

Bay Colony rent is 2% higher than Fort Lauderdale average

Average Rent	$2,021

How Does Fort Lauderdale Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Fort Lauderdale	$1,990	5%
Pembroke Pines	$1,725	n/a
Deerfield Beach	$1,509	5%
Davie	$1,812	3%
Plantation	$1,611	3%
Pompano Beach	$1,432	4%
Margate	$1,539	5%
Hollywood	$1,448	n/a
Lauderhill	$1,323	6%
Oakland Park	$1,332	2%
Sunrise	$1,583	5%

For more information about the Fort Lauderdale rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Fort Lauderdale apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.