Average Rent in Fort Lauderdale, FL

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Current Versus Historical Fort Lauderdale, FL Rents

Fort Lauderdale rentals average $1,750 for a studio rental to $12,500 for a 4-bedroom rental. The median price of all currently available listings is $3,498, or roughly $3 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $442 (33.81%) year-over-year from $1,308 to $1,750. 1-bedroom rentals prices have increased by $200 (10.00%) year-over-year from $2,000 to $2,200. 2-bedroom rentals prices have increased by $32 (1.06%) year-over-year from $2,969 to $3,000. 3-bedroom rentals prices have increased by $769 (18.62%) year-over-year from $4,131 to $4,900. 4-bedroom rentals prices have increased by $2,600 (44.07%) year-over-year from $5,900 to $8,500. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 9.38% this month. 1-bedroom rents have gone up by 10.05% this month. 2-bedroom rents have gone up by 3.15% this month. 3-bedroom rents have gone up by 13.95% this month. 4-bedroom rents have gone up by 31.46% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.58 $1,750 $1,308 (33.81%) $1,275 (37.25%)
1 BR $3.06 $2,200 $2,000 (10.00%) $1,808 (21.72%)
2 BR $2.90 $3,000 $2,969 (1.06%) $2,441 (22.90%)
3 BR $3.10 $4,900 $4,131 (18.62%) $3,474 (41.06%)
4+ BR $4.55 $8,500 $5,900 (44.07%) $2,767 (207.23%)

Historical Rents in Fort Lauderdale, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Fort Lauderdale

There are a total of 22 cities nearby Fort Lauderdale. The average rent in Fort Lauderdale is currently $2,729 per month. A total of 19 cities nearby have an average rent lower than that. Our records show that Margate, FL, with an average rent of $1,850, is the most affordable city nearby. In contrast, the most expensive city near Fort Lauderdale, FL is Sunny Isles Beach, FL. Monthly rents here are on average $5,500 per month.

Let's compare Fort Lauderdale, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Fort Lauderdale, FL is 30.71% more expensive than other cities nearby. One bedrooms are about 17.65% more expensive. Two bedrooms in Fort Lauderdale, FL are about 26.56% more expensive. Finally, rent for three bedrooms are about 30.88% more expensive. Want more information? Check out the top 10 cities out of 22 total cities near Fort Lauderdale, FL in the following chart.
City Studio 1 Bed 2 Bed All
Margate, FL N/A $1,600 $2,065 $1,850
Lauderhill, FL $1,675 $1,600 $2,000 $2,000
Tamarac, FL N/A $1,650 $2,050 $2,100
Oakland Park, FL N/A $1,750 $2,200 $2,390
Pompano Beach, FL $1,725 $1,800 $2,500 $2,600
Dania Beach, FL $1,175 $1,800 $2,300 $2,733
Wilton Manors, FL $1,995 $1,800 $2,725 $2,775
Plantation, FL $1,250 $1,700 $2,200 $2,800
Hollywood, FL $2,000 $2,400 $3,300 $3,000
Lauderdale-by-the-Sea, FL $1,800 $2,698 $3,800 $3,500

Top Neighborhoods Near Fort Lauderdale

There are a total of 19 neighborhoods in or near Fort Lauderdale. Some of these neighborhoods include North Central Hollywood, Parkside, and Palm Aire. We've included all of these top 19 neighborhoods in or near Fort Lauderdale, FL in the following chart.

The average rent for these 19 neighborhoods in or near Fort Lauderdale, FL is currently around $2,950 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only seven neighborhoods have a higher average rent than $2,950. Out of all the neighborhoods in or near Fort Lauderdale, North Central Hollywood has the most affordable average rent at $2,000 per month. Whereas, at $5,000 average rent per month, Central Beach is the most expensive neighborhood in or near Fort Lauderdale. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
North Central Hollywood, Hollywood, FL $1,350 $1,600 $2,200 $2,000
Parkside, Hollywood, FL $1,475 $1,900 $2,500 $2,200
Palm Aire, Pompano Beach, FL N/A $1,765 $2,175 $2,200
Royal Poinciana, Hollywood, FL $1,700 $1,972 $2,550 $2,225
Oakland Park, FL N/A $1,750 $2,200 $2,400
Wilton Manors, FL $1,995 $1,800 $2,725 $2,725
Dania Beach, FL $1,175 $1,800 $2,400 $2,825
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,650 $2,900
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,600 $3,250 $2,900
California Club, Ives Estates, FL N/A $1,770 $2,275 $2,950
Victoria Park, Fort Lauderdale, FL $1,750 $2,200 $3,100 $3,000
Hallandale Beach, FL $1,850 $2,300 $3,400 $3,225
Hollywood Beach - Quadoman, Hollywood, FL $2,450 $2,900 $4,500 $3,500
Lauderdale-by-the-Sea, FL N/A $2,800 $4,000 $3,800
Hollywood Lakes, Hollywood, FL $1,450 $1,900 $2,800 $3,825
Galt Mile, Fort Lauderdale, FL $2,050 $2,700 $4,500 $4,000
Hollywood Hills, Hollywood, FL N/A $1,675 $2,200 $4,275
The Waterways, Aventura, FL N/A $2,600 $3,400 $4,650
Central Beach, Fort Lauderdale, FL $1,975 $4,000 $6,250 $5,000

Top Counties Near Fort Lauderdale

There are a total of 19 counties located by Fort Lauderdale, FL. Some of these counties include Coral Springs-Margate, FL, Plantation, FL, and Miami Gardens, FL. The average rent for rentals in these counties is $2,865. That's roughly around $2 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is Coral Springs-Margate, FL. It's average rent per month is $2,100. Vice versa, with an average rent of $3,500, Deerfield Beach, FL is the most expensive county by Fort Lauderdale, FL.

Typically, rent for studios in Fort Lauderdale, FL is 9.29% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Fort Lauderdale, FL is 11.82% more expensive than other counties nearby. Finally, rent for two bedrooms in Fort Lauderdale, FL is 21.88% more expensive than other counties nearby. We've listed the top 8 counties in the chart below.
County Studio 1 Bed 2 Bed All
Coral Springs-Margate, FL N/A $1,650 $2,065 $2,100
Plantation, FL $1,575 $1,650 $2,150 $2,300
Miami Gardens, FL $1,350 $1,500 $2,300 $2,650
Pompano Beach, FL $1,725 $1,998 $2,500 $2,730
Fort Lauderdale, FL $1,800 $2,000 $2,900 $3,000
Hollywood, FL $1,911 $2,350 $3,000 $3,000
Hallandale Beach, FL $1,550 $2,300 $3,425 $3,300
Deerfield Beach, FL $1,600 $1,750 $2,500 $3,500

Top Zipcodes Near Fort Lauderdale

There are a total of 41 zipcodes in or near Fort Lauderdale, FL. The average rent for all of these zipcodes is $2,635. A total of 30 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33162, Miami, FL at $1,838 per month. In comparison, the zipcode with the most expensive average rent of $5,000 per month is 33160, North Miami Beach, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Fort Lauderdale, FL is $1,788 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,350 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Fort Lauderdale, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33160, North Miami Beach, FL $2,200 $2,300 $4,500 $5,000
33009, Hallandale Beach, FL $1,850 $2,300 $3,450 $3,300
33019, Hollywood, FL $2,450 $2,850 $4,500 $3,875
33180, Aventura, FL N/A $2,500 $3,500 $3,900
33020, Hollywood, FL $1,500 $1,800 $2,469 $2,200
33308, Fort Lauderdale, FL $1,825 $2,300 $3,650 $3,650
33304, Fort Lauderdale, FL $1,623 $2,265 $4,000 $3,800
33062, Pompano Beach, FL $2,150 $2,300 $3,075 $3,200
33025, Miramar, FL N/A $1,913 $2,425 $2,599
33065, Coral Springs, FL N/A $1,600 $2,025 $2,100

Frequently Asked Questions - Fort Lauderdale Average Rents

What is the average rent price in Fort Lauderdale, FL?
The average monthly rental price for Fort Lauderdale, FL apartments for rent is approximately $3,498. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Fort Lauderdale, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Fort Lauderdale, FL.
How much is a studio apartment in Fort Lauderdale, FL?
The average monthly rental price for studio apartments is $1,750 and an average price per square feet of $3.58. There are a total of 34 studio apartment listings currently available for rent in Fort Lauderdale.
How much is a one bedroom apartment in Fort Lauderdale, FL?
The average monthly rental price for one bedroom apartments is $2,125 and an average price per square feet of $3.06. There are a total of 289 one bedroom apartment listings currently available for rent in Fort Lauderdale.
How much is a two bedroom apartment in Fort Lauderdale, FL?
The average monthly rental price for two bedroom apartments is $3,200 and an average price per square feet of $2.90. There are a total of 370 two bedroom apartment listings currently available for rent in Fort Lauderdale.
How have rent prices in Fort Lauderdale, FL changed this year?
Rent prices for rentals in Fort Lauderdale, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.34%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.19% year-over-year.
What is a reasonable rent price in Fort Lauderdale, FL?
A reasonable rent price in Fort Lauderdale, FL is around $2,798/month. You can search for these reasonably priced rental listings on RentHop.
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