Fort Lauderdale, FL Rental Market Trends

Highlights

The average rent for an apartment in Fort Lauderdale is $1,744, a 6% increase compared to the previous year, when the average rent was $1,642.

Average Rent in Fort Lauderdale, FL

Last updated Mar 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,744	6%	945 sq. ft.

The average size for a Fort Lauderdale, FL apartment is 945 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-$1,00010%
$1,001-$1,50031%
$1,501-$2,00030%
> $2,00027%

Fort Lauderdale, FL Rent Trends

Average Rent	Jan / 2016	May / 2016	Sept / 2016	Jan / 2017	May / 2017	Sept / 2017	Jan / 2018	May / 2018	Mar / 2019
Fort Lauderdale, FL	$1,518	$1,531	$1,540	$1,587	$1,637	$1,642	$1,677	$1,694	$1,744
National	$1,290	$1,319	$1,334	$1,329	$1,354	$1,366	$1,366	$1,381	$1,396

Average Rent in Fort Lauderdale, FL By Neighborhood

Average Rent
Neighborhood	Average Rent
Rock Island	$1,059
Lauderdale Manors	$1,059
Lake Aire Palm View	$1,059
Home Beautiful Park	$1,059
Golden Heights	$1,059
Durrs	$1,059
Dorsey-Riverbend	$1,059
Dillard Park	$1,059
City View Townhomes	$1,059
Coral Ridge Isles	$1,137
Boulevard Park Isles	$1,137
Wilton Manors	$1,185
Lauderdale Lakes	$1,219
River Garden Sweeting Estate	$1,273
Twin Lakes	$1,450
Palm Aire Village	$1,450
Lofts of Palm Aire Village	$1,450
Fort Lauderdale Airport	$1,450
Sunset	$1,566
Shady Banks	$1,566
Sailboat Bend	$1,566
Riverside Park	$1,566
Riverland Village	$1,566
Riverland Manors	$1,566
Riverland	$1,566
River Run	$1,566
River Landings	$1,566
Oak River	$1,566
Melrose Park	$1,566
Melrose Manors	$1,566
Lauderdale West	$1,566
Lauderdale Isles	$1,566
Flamingo Park	$1,566
Chula Vista	$1,566
South Middle River	$1,588
Progresso Village	$1,588
Fort Lauderdale - Hollywood International Airport	$1,609
Dolphin Isles	$1,797
River Oaks	$1,826
Edgewood	$1,826
Croissant Park	$1,826
Lauderdale Beach	$1,904
The Landings	$1,952
North Golf-Lake Estates	$1,952
Knoll Ridge	$1,952
Imperial Point	$1,952
Galt Mile	$1,952
Coral Ridge Country Club Estates	$1,952
Bermuda Riviera	$1,952
Bay Colony	$1,952
Poinciana Homes	$2,107
Poinsettia Heights	$2,142
Middle River Terrace	$2,142
Coral Ridge	$2,142
Birch Park Finger	$2,142
Bal Harbour	$2,142
Lauderdale Harbours	$2,167
Harbour Isles of Fort Lauderdale	$2,167
Harbour Inlet	$2,167
Harbordale	$2,167
Harbor Beach	$2,167
Breakwater Surf	$2,167
Fort Lauderdale Beach	$2,229
Sunrise Key	$2,254
Sunrise Intracoastal	$2,254
Laudergate Isles	$2,254
Lake Ridge	$2,254
Victoria Park	$2,528
Flagler Village	$2,528
Rio Vista	$2,597
Downtown Fort Lauderdale	$2,597
Tarpon River	$2,663
Seven Isles	$2,710
Riviera Isles	$2,710
Nurmi Isles	$2,710
Las Olas Isles	$2,710
Idlewyld	$2,710
Hendricks and Venice Isles	$2,710
Colee Hammock	$2,710
Beverly Heights	$2,710

The most affordable neighborhoods in Fort Lauderdale are City View Townhomes, where the average rent goes for $1,059/month, Dillard Park, where renters pay $1,059/mo on average, and Dorsey-Riverbend, where the average rent goes for $1,059/mo. If you’re looking for other great deals, check out the listings from Durrs ($1,059), Golden Heights ($1,059), and Home Beautiful Park ($1,059), where the asking prices are below the average Fort Lauderdale rent of $1,744/mo.

The most expensive neighborhoods in Fort Lauderdale are Nurmi Isles ($2,710), Riviera Isles ($2,710) and Seven Isles ($2,710).

Fort Lauderdale | Rent Comparison by Neighborhood

Rent in Bal Harbour is 10% higher than in Bay Colony

$2,142

Bal Harbour rent is 23% higher than Fort Lauderdale average

Average Rent	$2,142

$1,952

Bay Colony rent is 12% higher than Fort Lauderdale average

Average Rent	$1,952

How Does Fort Lauderdale Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Hollywood	$1,554	6%
Miramar	$1,717	6%
Plantation	$1,573	5%
Davie	$1,740	6%
North Lauderdale	$1,435	4%
Pembroke Pines	$1,703	5%
Margate	$1,514	6%
Pompano Beach	$1,388	4%
Sunrise	$1,542	5%
Deerfield Beach	$1,486	4%
Fort Lauderdale	$1,744	6%

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 ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.