North Lauderdale, Florida Rental Market Trends

Disclaimer:

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 North Lauderdale, Florida rental market.

North Lauderdale, Florida

Average Apartment Rent

$2,065

Y-o-Y Change in Average
Apartment Rent

-5.1%

As of May 2026

Compared to a year ago, North Lauderdale, Florida apartments have recorded a -5.1% rent decrease.

North Lauderdale, Florida Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
North Lauderdale $2,099 $2,041 $2,106 $2,115 $2,168 $2,187 $2,131 $2,112 $2,042
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
North Lauderdale
National
Jul 2023
$2,099
$1,741
Nov 2023
$2,041
$1,732
Mar 2024
$2,106
$1,736
Jul 2024
$2,115
$1,756
Nov 2024
$2,168
$1,749
Mar 2025
$2,187
$1,755
Jul 2025
$2,131
$1,767
Nov 2025
$2,112
$1,753
Mar 2026
$2,042
$1,750

North Lauderdale, Florida Average Apartment Rent

North Lauderdale, Florida Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 50.04%, apartments priced $2,000 - $2,500 represent the bulk of North Lauderdale, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.52%.

North Lauderdale, Florida Housing tenure**

Renter occupied housing units 6,477
Owner occupied housing units 8,917

Renters take up 42% of North Lauderdale, Florida real estate, occupying a total of 6,477 units, while homeowners live in 8,917 properties.

Median number of rooms of renter-occupied housing units**

4.3

Renter median household income**

$45,400

Average household size of renter-occupied housing units**

2.75

Rental vacancy rate**

4.8%

North Lauderdale, Florida Renter-occupied housing units by no. of bedrooms**

No bedrooms 257
1 bed 795
2 beds 2,763
3 beds 2,418
4 beds 244

There are 2,763 rentals in North Lauderdale, Florida with 2 beds making up the highest share of the market, at 43%. Units with 4 beds, on the other hand, hold the lowest percentage (4%), amounting to 244 units. Overall, the median number of rooms in North Lauderdale, Florida homes for rent is 4.3.

North Lauderdale, Florida Renter-occupied units by age of householder**

15 - 24 years 369
25 - 34 years 1,619
35 - 44 years 1,700
45 - 54 years 1,627
55 - 59 years 458
60 - 64 years 198
65 - 74 years 314
75 - 84 years 126
85 years and over 66

Most condos for rent in North Lauderdale, Florida are occupied by residents in the 35 - 44 years age group (26%), followed by those in the 45 - 54 years age group (25%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

North Lauderdale, Florida Renter-occupied housing units by family type**

Family households 4,239
Non-Family Households 2,238

North Lauderdale, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,279
No related children of the householder under 18 4,198

A total of 4,239 apartments for rent in North Lauderdale, Florida, or 65% of all rentals are family households. Additionally, 35% of rental homes include children under the age of 18 – that’s 2,279 units. All in all, the median size of a renter-occupied household in North Lauderdale, Florida is 2.75.

North Lauderdale, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 1,101
High school graduate (including equivalency) 2,280
Some college or associate's degree 2,209
Bachelor's degree or higher 887

In terms of education, renters holding bachelor degrees or higher make up 14% of the rental market. In contrast, residents with less than a high school degree reside in 17% of the homes for rent in North Lauderdale, Florida.

North Lauderdale, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 218
Built 2000 - 2009 677
Built 1990 - 1999 686
Built 1980 - 1989 1,434
Built 1970 - 1979 2,543
Built 1960 - 1969 347
Built 1950 - 1959 322
Built 1940 - 1949 126
Built 1939 or earlier 104

The highest share of North Lauderdale, Florida apartment rentals, namely 39% or 2,543 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (22%, 1,434 units), and the ones Built 1990 - 1999 (11%, 686 units).

North Lauderdale, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 366
Moved in 2018 to 2020 2,538
Moved in 2010 to 2017 2,978
Moved in 2000 to 2009 576

Median year renter moved into unit 2017

Most North Lauderdale, Florida renters (46%) moved in 2010 to 2017, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their North Lauderdale, Florida condos for rent is 2017.

North Lauderdale, Florida Renter-occupied housing units by vehicles available**

No vehicle available 534
1 vehicle available 2,892
2 vehicles available 2,547
3 vehicles available 434
4 or more vehicles available 70

When it comes to transportation options, 45% of North Lauderdale, Florida renters have 1 vehicle available per household, 39% of them have 2 vehicles available, and 8% have No vehicle available.

North Lauderdale, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 7,041
Car, truck, or van - carpooled 1,435
Public transportation (excluding taxicab) 206
Walked 67
Taxicab, motorcycle, bicycle, or other means 434
Worked at home 588

North Lauderdale, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 14,555
Moved within same county 2,374
Moved from different county within same state 330
Moved from different state 155
Moved from abroad 194

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 North 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

Check out rentals available in North Lauderdale, Florida