65 Cheap Apartments for rent in Fort Lauderdale, FL

Last updated January 18 at 10:29am UTC
1821 NE 62nd St
Imperial Point
Fort Lauderdale, FL
Updated January 5 at 1:32am UTC
1 Bedroom
$900
1851 NE 56th St
Imperial Point
Fort Lauderdale, FL
Updated January 3 at 11:21am UTC
1 Bedroom
$1,050
5910 NE 18th Ave
Imperial Point
Fort Lauderdale, FL
Updated January 18 at 10:09am UTC
1 Bedroom
$950
115 NE 14th Ave
Victoria Park
Fort Lauderdale, FL
Updated January 3 at 11:18am UTC
Studio
$1,000
545 NE 8th Ave
Victoria Park
Fort Lauderdale, FL
Updated January 11 at 10:45am UTC
Studio
$1,000
3671 Environ Blvd
Fort Lauderdale
Fort Lauderdale, FL
Updated January 3 at 11:22am UTC
2 Bedrooms
$960
925 NW 3rd Ave
Progresso Village
Fort Lauderdale, FL
Updated January 6 at 4:12am UTC
2 Bedrooms
$1,000
8401 NW 53rd Ct
Fort Lauderdale
Fort Lauderdale, FL
Updated January 3 at 11:17am UTC
1 Bedroom
$750
3680 Inverrary Dr
Fort Lauderdale
Fort Lauderdale, FL
Updated January 6 at 9:24am UTC
1 Bedroom
$1,100
4174 Inverrary Dr
Fort Lauderdale
Fort Lauderdale, FL
Updated January 10 at 2:07am UTC
1 Bedroom
$1,000
2186 NE 56th St
Knoll Ridge
Fort Lauderdale, FL
Updated January 18 at 10:28am UTC
1 Bedroom
$1,050
821 N Victoria Park Rd
Victoria Park
Fort Lauderdale, FL
Updated January 3 at 11:23am UTC
1 Bedroom
$1,100
2151 NE 68th St
Imperial Point
Fort Lauderdale, FL
Updated January 17 at 9:18am UTC
1 Bedroom
$950
4164 Inverrary Dr
Fort Lauderdale
Fort Lauderdale, FL
Updated January 4 at 12:34pm UTC
1 Bedroom
$900
3341 NW 47th Ter
Lauderdale Lakes West Gate
Fort Lauderdale, FL
Updated January 10 at 5:37pm UTC
1 Bedroom
$1,000
3801 Environ Blvd
Fort Lauderdale
Fort Lauderdale, FL
Updated January 18 at 10:29am UTC
2 Bedrooms
$1,000
2190 NE 55TH ST
Knoll Ridge
Fort Lauderdale, FL
Updated January 9 at 4:25am UTC
1 Bedroom
$1,000
1701 SW 25th St
River Oaks
Fort Lauderdale, FL
Updated January 10 at 1:58am UTC
Studio
$850
4511 NE 21st Ave
Coral Ridge Country Club Estates
Fort Lauderdale, FL
Updated January 12 at 6:59pm UTC
1 Bedroom
$1,050
5230 NE 14th Way
Coral Ridge Isles
Fort Lauderdale, FL
Updated January 4 at 1:50am UTC
1 Bedroom
$1,100
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January 2018 Fort Lauderdale Rent Report

Welcome to the January 2018 Fort Lauderdale Rent Report. Fort Lauderdale rents declined over the past month. In this report, we'll evaluate trends in the Fort Lauderdale rental market, including comparisons to cities throughout the metro, state, and nation.

View full Fort Lauderdale Rent Report
Rent Report
Fort Lauderdale

January 2018 Fort Lauderdale Rent Report

Welcome to the January 2018 Fort Lauderdale Rent Report. Fort Lauderdale rents declined over the past month. 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 declined slightly over the past month

Fort Lauderdale rents have declined 0.2% over the past month, but have increased 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 $1,450 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in September. Fort Lauderdale's year-over-year rent growth lags the state average of 3.7%, as well as the national average of 2.8%.

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, 9 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 8.9% over the past year, the biggest drop in the metro. It also has the least expensive rents in the Miami metro, with a two-bedroom median of $1,270.
  • Hialeah has seen the fastest rent growth in the metro, with a year-over-year increase of 5.6%. The median two-bedroom there costs $1,370, while one-bedrooms go for $1,080.
  • Pembroke Pines has the most expensive rents of the largest cities in the Miami metro, with a two-bedroom median of $2,380; rents rose 2.0% over the past year but remained flat month-over-month.

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

As rents have increased moderately in Fort Lauderdale, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Fort Lauderdale is less affordable for renters.

  • Rents increased significantly in other cities across the state, with Florida as a whole logging rent growth of 3.7% over the past year. For example, rents have grown by 6.2% in Tampa and 4.5% in Jacksonville.
  • Fort Lauderdale's median two-bedroom rent of $1,450 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 2.2% increase in Fort Lauderdale.
  • While Fort Lauderdale's rents rose moderately over the past year, the city of DC saw a decrease of 0.3%.
  • Renters will generally find more expensive prices in Fort Lauderdale than most large cities. For example, Memphis has a median 2BR rent of $820, 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 $1,070 $1,360 0.3% 0.4%
Hialeah $1,080 $1,370 0.1% 5.6%
Fort Lauderdale $1,140 $1,450 -0.2% 2.2%
Pembroke Pines $1,880 $2,380 0.2% 2.0%
Hollywood $1,120 $1,420 0.1% 2.0%
Miami Gardens $1,120 $1,420 0.1% 3.6%
West Palm Beach $1,050 $1,340 -0.1% 2.9%
Pompano Beach $1,140 $1,450 0.1% 2.4%
Miami Beach $1,000 $1,270 -0.4% -8.9%
Boca Raton $1,440 $1,820 0.3% 1.4%
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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.