Fort Lauderdale Rents Rank No. 1 in Florida Demand
Current Market Overview Fort Lauderdale's rental market is showing signs of retraction despite the city's vibrant lifestyle. Current trends indicate a cooling phase in this sector. Rental prices are on a slight decline. As of 2025, the median rent is approximately $2,794, marking a modest decrease from the previous year. The average rent ranges between $2,700 and $2,800. This reflects a reduction of about $100 year-over-year. Even with this decline, Fort Lauderdale's rental prices are significantly above the national average of $2,069. This confirms its status as a high-cost rental area. Airbnb performance metrics further illuminate this trend, with median annual revenue for typical properties indicating a substantial profitability compared to traditional long-term rentals. A decline in renter demand is contributing to this trend. Rents have dropped from $2,900 in early 2024 to current levels. This decline contrasts with other Florida regions where rents have remained stea...