901 E Las Olas Blvd

Fort Lauderdale, FL 33301


[email protected]

Compare Listings

High Demand for South Florida Rentals Drives Prices To National Highs

High Demand for South Florida Rentals Drives Prices To National Highs

Fort Lauderdale and Miramar are Florida’s most expensive rental markets, survey says

A lack of supply in South Florida is driving rent prices well above the national average, a new study finds conducted by RentCafe.com.

The average rental cost in the USA for over 250 cities surveyed is around $1,436 with the Fort Lauderdale average eclipsing it at around $1,933.

“It is just an overall shortage of supply,” said Ken Johnson, real estate economist at Florida Atlantic University. “We never made up the gulf between the last housing cycle’s peak where nothing was built for eight, nine or 10 years.”

That’s probably about to change however, with more development underway in 2019 for new Fort Lauderdale apartments than the past few years combined, as we’ve previously written about.

Click here for the full report.



Taylor A.

Fort Lauderdale real estate blogger.

Related posts

Fort Lauderdale Spa Month Deals

The annual promotion now offers 60 days of deals on luxurious spas all around Fort...

Continue reading
by Taylor A.

42 Grilling Recipes That You Need To Squeeze In Before Summer Ends

Here's some quick recipes that you can still grill at the pool Summer never really ends in...

Continue reading
by Taylor A.

Seminole Hard Rock and Casino Sets Opening Date for New Expansion

The new guitar-shaped hotel and venue opens October 24th with a big opening act The $1.5 billion...

Continue reading
by Taylor A.