Sunrise, FL Rental Market Trends
Highlights
The average rent for an apartment in Sunrise is $1,542, a 5% increase compared to the previous year, when the average rent was $1,467.
Average Rent in Sunrise, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,542 | 5% | 1,052 sq. ft. |
The average size for a Sunrise, FL apartment is 1,052 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.
Sunrise, FL Apartment Rent Ranges
- $701-$1,0005%
- $1,001-$1,50047%
- $1,501-$2,00034%
- > $2,00013%
Sunrise, FL Rent Trends
| Average Rent | Jan / 2016 | May / 2016 | Sept / 2016 | Jan / 2017 | May / 2017 | Sept / 2017 | Jan / 2018 | May / 2018 | Apr / 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Sunrise, FL | $1,397 | $1,413 | $1,433 | $1,426 | $1,463 | $1,467 | $1,491 | $1,507 | $1,542 |
| National | $1,290 | $1,319 | $1,334 | $1,329 | $1,354 | $1,366 | $1,366 | $1,381 | $1,396 |
Average Rent in Sunrise, FL By Neighborhood
| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | Average Rent | ||||
| Sunrise Country Club | $1,343 | ||||
| Sonoma | $1,534 | ||||
| Relco Estates | $1,534 | ||||
| Joshlee | $1,534 | ||||
| Banyan Estates | $1,534 | ||||
| Hills of Welleby | $1,679 | ||||
| Woodstock | $1,773 | ||||
| Sunrise Lakes | $1,773 | ||||
| New Orleans Lakesites | $1,860 | ||||
| Sawgrass Estates | $1,861 | ||||
| Emerald Isles | $1,907 | ||||
| New River Estates | $1,941 | ||||
| Westwind Cove | $1,992 | ||||
| Riverend | $1,992 | ||||
| Markham Park | $1,992 | ||||
The most affordable neighborhoods in Sunrise are Sunrise Country Club, where the average rent goes for $1,343/month, Banyan Estates, where renters pay $1,534/mo on average, and Joshlee, where the average rent goes for $1,534/mo. If you’re looking for other great deals, check out the listings from Relco Estates ($1,534), Sonoma ($1,534), and Hills of Welleby ($1,679), where the asking prices are below the average Sunrise rent of $1,542/mo.
The most expensive neighborhoods in Sunrise are Markham Park ($1,992), Riverend ($1,992) and Westwind Cove ($1,992).
Sunrise | Rent Comparison by Neighborhood
Rent in Banyan Estates is 20% lower than in Emerald Isles
Banyan Estates rent is 1% lower than Sunrise average
| Average Rent | $1,534 |
|---|
Emerald Isles rent is 24% higher than Sunrise average
| Average Rent | $1,907 |
|---|
How Does Sunrise Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Fort Lauderdale | $1,744 | 6% |
| Hollywood | $1,554 | 6% |
| Plantation | $1,573 | 5% |
| Davie | $1,740 | 6% |
| Miramar | $1,717 | 6% |
| Margate | $1,514 | 6% |
| Pembroke Pines | $1,703 | 5% |
| Pompano Beach | $1,388 | 4% |
| Sunrise | $1,542 | 5% |
| Coconut Creek | $1,657 | 7% |
| Deerfield Beach | $1,486 | 4% |
For more information about the Sunrise rental trends, check out our monthly rent report