Fort Lauderdale, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Fort Lauderdale, Florida rental market.
Fort Lauderdale, Florida
Average Apartment Rent
$2,868
Y-o-Y Change in Average
Apartment Rent
2.5%
As of May 2026
Compared to a year ago, Fort Lauderdale, Florida apartments have recorded a 2.5% rent increase.
Fort Lauderdale, Florida Average apartment rent trend
Fort Lauderdale, Florida Average Apartment Rent
Fort Lauderdale, Florida Apartment rent ranges
At 33.92%, apartments priced Over $3,000 represent the bulk of Fort Lauderdale, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 1.95%.
Fort Lauderdale, Florida Housing tenure**
Renters take up 46% of Fort Lauderdale, Florida real estate, occupying a total of 36,668 units, while homeowners live in 43,363 properties.
Median number of rooms of renter-occupied housing units**
3.6
Renter median household income**
$57,693
Average household size of renter-occupied housing units**
2.21
Rental vacancy rate**
7.2%
Fort Lauderdale, Florida Renter-occupied housing units by no. of bedrooms**
There are 14,529 rentals in Fort Lauderdale, Florida with 2 beds making up the highest share of the market, at 40%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 278 units. Overall, the median number of rooms in Fort Lauderdale, Florida homes for rent is 3.6.
Fort Lauderdale, Florida Renter-occupied units by age of householder**
Most condos for rent in Fort Lauderdale, Florida are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Fort Lauderdale, Florida Renter-occupied housing units by family type**
Fort Lauderdale, Florida Renter-occupied housing units by the presence of own children**
A total of 15,193 apartments for rent in Fort Lauderdale, Florida, or 41% of all rentals are family households. Additionally, 21% of rental homes include children under the age of 18 – that’s 7,594 units. All in all, the median size of a renter-occupied household in Fort Lauderdale, Florida is 2.21.
Fort Lauderdale, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 38% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Fort Lauderdale, Florida.
Fort Lauderdale, Florida Renter-occupied units by year structure built**
The highest share of Fort Lauderdale, Florida apartment rentals, namely 21% or 7,813 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (17%, 6,204 units), and the ones Built 2010 - 2019 (17%, 6,184 units).
Fort Lauderdale, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Fort Lauderdale, Florida renters (40%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Fort Lauderdale, Florida condos for rent is 2018.
Fort Lauderdale, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 54% of Fort Lauderdale, Florida renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 14% have No vehicle available.
Fort Lauderdale, Florida Means of transportation to work of householders living in renter-occupied housing units**
Fort Lauderdale, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Fort Lauderdale, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
