Fort Lauderdale, FL Rental Market
Fort Lauderdale, known as the "Venice of America" for its 165-mile waterway network, is a premier South Florida destination anchored by a thriving yachting and marine industry, Broward County's extensive healthcare sector, and its position as a major cruise port. Its proximity to Miami provides access to that market's economic power while offering slightly lower rents and a more suburban coastal character.
Get a rent estimate for an address in Fort LauderdaleAverage Rent in Fort Lauderdale, FL
$2,150
per month · 2026-06
Market Score
Key Facts — Fort Lauderdale, FL Rental Market
- Average rent in Fort Lauderdale, FL:$2,150/mo
- Median rent:$1,978/mo
- Rent range:$1,075 – $4,750/mo
- Most common rental (2 bedrooms):$1,900/mo
- Active listings:1,200
- Avg days to lease:27 days
- Year-over-year change:+4.5%
- Median home value:$420,000
- Est. gross annual yield:6.1%
- Data as of:2026-06
Rent by Bedroom in Fort Lauderdale, FL
Average monthly rent for each bedroom type based on current active listings in Fort Lauderdale.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,550/mo |
2 Bedrooms | $1,900/mo |
3 Bedrooms | $2,400/mo |
4 Bedrooms | $2,975/mo |
5 Bedrooms | $3,400/mo |
Fort Lauderdale Rental Market Statistics
Key indicators from the current Fort Lauderdale, FL rental market.
1,200
Available now in Fort Lauderdale
27
From list to lease
$1.54
Average across listings
1,400 sq ft
Typical rental size
$1,075 – $4,750
Min to max active listings
+4.5%
Avg rent vs. prior year
Investing in Fort Lauderdale, FL Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$420,000
Typical purchase price in Fort Lauderdale
Est. Gross Annual Yield
6.1%
Before expenses & vacancy
Avg Monthly Income
$2,150
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Fort Lauderdale for a full cash-flow breakdown including all costs.
Fort Lauderdale, FL Rental Market FAQ
Common questions about renting and investing in Fort Lauderdale, FL.
What is the average rent in Fort Lauderdale, FL?
The average rent in Fort Lauderdale, FL is $2,150 per month as of 2026. One-bedroom apartments average $1,550/mo, two-bedrooms average $1,900/mo, and three-bedroom homes average $2,400/mo. Waterfront canal properties and neighborhoods near Las Olas Boulevard command a premium, while western Broward suburbs offer more accessible price points.
Is Fort Lauderdale, FL a good place to invest in rental property?
Fort Lauderdale offers an estimated 6.1% gross annual yield — slightly better than Miami — with 4.5% year-over-year rent growth. The marine industry, Port Everglades (one of the nation's busiest cruise and cargo ports), and a large healthcare sector provide a diverse tenant base. Its slightly lower entry cost than Miami with comparable demand fundamentals makes it attractive for South Florida investors.
How competitive is the Fort Lauderdale, FL rental market?
Fort Lauderdale has approximately 1,200 active listings with an average of 27 days on market. Waterfront properties along the Intracoastal Waterway and canal system are particularly competitive, often attracting multiple applications within the first week. The proximity to Miami creates spill-over demand from renters priced out of Miami proper.
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