Oakland Park, 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 Oakland Park, Florida rental market.

Oakland Park, Florida

Average Apartment Rent

$2,029

Y-o-Y Change in Average
Apartment Rent

-0.5%

As of May 2026

Compared to a year ago, Oakland Park, Florida apartments have recorded a -0.5% rent decrease.

Oakland Park, 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
Oakland Park $2,016 $2,018 $2,039 $2,049 $1,998 $2,021 $2,057 $2,042 $1,977
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Oakland Park
National
Jul 2023
$2,016
$1,741
Nov 2023
$2,018
$1,732
Mar 2024
$2,039
$1,736
Jul 2024
$2,049
$1,756
Nov 2024
$1,998
$1,749
Mar 2025
$2,021
$1,755
Jul 2025
$2,057
$1,767
Nov 2025
$2,042
$1,753
Mar 2026
$1,977
$1,750

Oakland Park, Florida Average Apartment Rent

Oakland Park, 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 50.3%, apartments priced $1,500 - $2,000 represent the bulk of Oakland Park, Florida rentals, while condos priced Under $1,000 hold the lowest share of the market – 2.19%.

Oakland Park, Florida Housing tenure**

Renter occupied housing units 7,628
Owner occupied housing units 9,787

Renters take up 44% of Oakland Park, Florida real estate, occupying a total of 7,628 units, while homeowners live in 9,787 properties.

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

4

Renter median household income**

$53,776

Average household size of renter-occupied housing units**

2.66

Rental vacancy rate**

2.6%

Oakland Park, Florida Renter-occupied housing units by no. of bedrooms**

No bedrooms 353
1 bed 2,008
2 beds 4,093
3 beds 1,058
4 beds 116

There are 4,093 rentals in Oakland Park, Florida with 2 beds making up the highest share of the market, at 54%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 116 units. Overall, the median number of rooms in Oakland Park, Florida homes for rent is 4.

Oakland Park, Florida Renter-occupied units by age of householder**

15 - 24 years 484
25 - 34 years 1,955
35 - 44 years 2,055
45 - 54 years 1,174
55 - 59 years 605
60 - 64 years 433
65 - 74 years 559
75 - 84 years 280
85 years and over 83

Most condos for rent in Oakland Park, Florida are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 25 - 34 years age group (26%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Oakland Park, Florida Renter-occupied housing units by family type**

Family households 4,206
Non-Family Households 3,422

Oakland Park, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,426
No related children of the householder under 18 5,202

A total of 4,206 apartments for rent in Oakland Park, Florida, or 55% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 2,426 units. All in all, the median size of a renter-occupied household in Oakland Park, Florida is 2.66.

Oakland Park, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 973
High school graduate (including equivalency) 2,307
Some college or associate's degree 2,380
Bachelor's degree or higher 1,968

In terms of education, renters holding bachelor degrees or higher make up 26% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Oakland Park, Florida.

Oakland Park, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 455
Built 2000 - 2009 387
Built 1990 - 1999 739
Built 1980 - 1989 1,336
Built 1970 - 1979 2,218
Built 1960 - 1969 1,413
Built 1950 - 1959 868
Built 1940 - 1949 93
Built 1939 or earlier 87

The highest share of Oakland Park, Florida apartment rentals, namely 29% or 2,218 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (19%, 1,413 units), and the ones Built 1980 - 1989 (18%, 1,336 units).

Oakland Park, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 779
Moved in 2018 to 2020 2,637
Moved in 2010 to 2017 3,280
Moved in 2000 to 2009 708
Moved in 1990 to 1999 178
Moved in 1989 or earlier 46

Median year renter moved into unit 2017

Most Oakland Park, Florida renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Oakland Park, Florida condos for rent is 2017.

Oakland Park, Florida Renter-occupied housing units by vehicles available**

No vehicle available 823
1 vehicle available 4,006
2 vehicles available 2,248
3 vehicles available 454
4 or more vehicles available 97

When it comes to transportation options, 53% of Oakland Park, Florida renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 11% have No vehicle available.

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

Car, truck, or van - drove alone 7,453
Car, truck, or van - carpooled 1,905
Public transportation (excluding taxicab) 410
Walked 387
Taxicab, motorcycle, bicycle, or other means 449
Worked at home 791

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

Same house as 1 year ago 15,376
Moved within same county 3,262
Moved from different county within same state 393
Moved from different state 339
Moved from abroad 511

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 Oakland Park, 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

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