68 Cheap Apartments for rent in Fort Lauderdale, FL

Last updated September 26 at 3:52AM
5910 NE 18th Ave
Imperial Point
Fort Lauderdale, FL
Updated September 26 at 3:24AM
1 Bedroom
$950
4851 Northwest 21st St
Fort Lauderdale
Fort Lauderdale, FL
Updated September 26 at 2:22AM
1 Bedroom
$750
4174 Inverrary Dr
Fort Lauderdale
Fort Lauderdale, FL
Updated September 26 at 2:09AM
1 Bedroom
$1,050
207 NE 14th AVE
Victoria Park
Fort Lauderdale, FL
Updated September 22 at 9:34AM
Studio
$1,025
4164 Inverrary Dr
Fort Lauderdale
Fort Lauderdale, FL
Updated August 23 at 3:48AM
1 Bedroom
$900
2900 NE 30TH ST
Coral Ridge
Fort Lauderdale, FL
Updated September 25 at 1:47AM
Studio
$1,045
1400 NE 54th Street
Coral Ridge Isles
Fort Lauderdale, FL
Updated September 23 at 6:50PM
1 Bedroom
$1,050
5710 NW 15th St
Sunrise Golf Village East
Fort Lauderdale, FL
Updated September 26 at 2:02AM
2 Bedrooms
$1,100
1126 SW 15th Ter
Riverside Park
Fort Lauderdale, FL
Updated September 20 at 2:17AM
Studio
$875
2186 NE 56th St
Knoll Ridge
Fort Lauderdale, FL
Updated September 23 at 2:16AM
1 Bedroom
$1,125
729 Coontie Ct
Sailboat Bend
Fort Lauderdale, FL
Updated September 26 at 3:16AM
1 Bedroom
$950
834 SW 11th St
Tarpon River
Fort Lauderdale, FL
Updated September 26 at 1:32AM
Studio
$990
5230 NE 14th Way
Coral Ridge Isles
Fort Lauderdale, FL
Updated September 20 at 2:17AM
1 Bedroom
$1,050
2874 NW 55th Ave
Fort Lauderdale
Fort Lauderdale, FL
Updated September 16 at 9:49AM
1 Bedroom
$1,050
4848 NW 24th Ct
Fort Lauderdale
Fort Lauderdale, FL
Updated September 20 at 10:04AM
1 Bedroom
$925
2800 NW 56th Ave
Fort Lauderdale
Fort Lauderdale, FL
Updated September 23 at 10:01AM
1 Bedroom
$975
3061 NW 47th Ter
Fort Lauderdale
Fort Lauderdale, FL
Updated September 20 at 2:15AM
1 Bedroom
$825
701 NW 19th St
South Middle River
Fort Lauderdale, FL
Updated September 20 at 10:07AM
1 Bedroom
$1,100
400 SE 31st St
Poinciana Park
Fort Lauderdale, FL
Updated September 9 at 10:39AM
1 Bedroom
$975
2900 NW 48th Terrace #110
Fort Lauderdale
Fort Lauderdale, FL
Updated September 26 at 3:52AM
1 Bedroom
$1,100
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Rent Report
Fort Lauderdale

September 2017 Fort Lauderdale Rent Report

Welcome to the September 2017 Fort Lauderdale Rent Report. In this report, we'll evaluate trends in the Fort Lauderdale rental market, including comparisons to cities throughout the metro, state, and nation.

Fort Lauderdale rents increase sharply over the past month

Fort Lauderdale rents have increased 0.8% over the past month, and are up moderately by 2.2% in comparison to the same time last year. Currently, median rents in Fort Lauderdale stand at $1,140 for a one-bedroom apartment and $1,440 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in May. Fort Lauderdale's year-over-year rent growth lags the state average of 3.6%, as well as the national average of 3.0%.

Rents rising across the Miami Metro

Throughout the past year, rent increases have been occurring not just in the city of Fort Lauderdale, but across the entire metro. Of the largest 10 cities that we have data for in the Miami metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Miami Beach has seen rents fall by 7.4% over the past month, the biggest drop in the metro. It also has the least expensive rents in the Miami metro, with a two-bedroom median of $1,300.
  • Deerfield Beach has seen the fastest rent growth in the metro, with a year-over-year increase of 3.6%. The median two-bedroom there costs $1,500, while one-bedrooms go for $1,180.
  • Pembroke Pines has the most expensive rents of the largest cities in the Miami metro, with a two-bedroom median of $2,390; rents decreased 0.3% over the past month but were up 3.0% over the past year.

Many large cities nationwide show more affordable rents compared to Fort Lauderdale

Rent growth in Fort Lauderdale has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Fort Lauderdale is less affordable for renters.

  • Other cities across the state have seen rents increase, with Florida as a whole logging rent growth of 3.6% over the past year. For example, rents have grown by 4.5% in Jacksonville.
  • Fort Lauderdale's median two-bedroom rent of $1,440 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 2.2% increase in Fort Lauderdale.
  • While rents in Fort Lauderdale remained moderately stable this year, similar cities saw increases, including Tampa (+5.6%), Seattle (+5.4%), and Los Angeles (+5.0%); note that median 2BR rents in these cities go for $1,220, $1,710, and $1,740 respectively.
  • Renters will generally find more expensive prices in Fort Lauderdale than most large cities. For example, Memphis has a median 2BR rent of $830, where Fort Lauderdale is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Miami $1,060 $1,350 0.1% -0.4%
Fort Lauderdale $1,140 $1,440 0.8% 2.2%
Pembroke Pines $1,880 $2,390 -0.3% 3.0%
Hollywood $1,100 $1,390 -0.3% 0.5%
West Palm Beach $1,050 $1,330 0.2% 3.0%
Pompano Beach $1,140 $1,440 0.1% 2.6%
Miami Beach $1,020 $1,300 -0.6% -7.4%
Boca Raton $1,410 $1,790 -0.2% 0.6%
Deerfield Beach $1,180 $1,500 0.2% 3.6%
Boynton Beach $1,290 $1,640 -0.0% 3.2%
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Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.