Fort Lauderdale, FL 33304 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Fort Lauderdale, FL—33304

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$600,000

4.0% YoY Growth

Household Income

$85,000

55.2% YoY Growth

Days on Market

99

7.0% Longer YoY

Home Price Forecast

0.5%

Median Rent

$2,500

5.3% YoY Growth

1-Bed Rent

$1,900

9.9% YoY Growth

2-Bed Rent

$2,940

3.4% YoY Growth

3-Bed Rent

$4,350

3.0% YoY Growth

Other Zip Codes in Fort Lauderdale, FL

33312 33316 33301 33315 33311 33305 33308 33306

Home Price Trends — Fort Lauderdale, FL

As of May '26, the median home price in Fort Lauderdale, FL is $600,000, with a year-over-year change of -4.0%. This indicates that home prices in Fort Lauderdale, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$600,000	-4.0%
Single Family	$770,000	-1.5%
Condos	$421,000	-7.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Fort Lauderdale, FL

As of July '25, Rentcast reports the average rent in Fort Lauderdale, FL is $3,200, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,730, 1-bedrooms: $2,270, 2-bedrooms: $3,600, 3-bedrooms: $4,810, 4-bedrooms: $6,360. The most common rental property sizes in Fort Lauderdale, FL are 1-bedroom and 2-bedroom, accounting for 45.5% and 35.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$3,200
Studio Rent	$1,650	$1,730
1 Bed Rent	$1,900	$2,270
2 Bed Rent	$2,940	$3,600
3 Bed Rent	$4,350	$4,810
4 Bed Rent	$7,500	$6,360

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% of Rental Stock

Studio

9.7%

1 Bedroom

45.5%

2 Bedrooms

35.2%

3 Bedrooms

6.5%

4 Bedrooms

3.2%

Property Listings — Fort Lauderdale, FL

As of May '26, Realtor.com reports that the median days on market for a home in Fort Lauderdale, FL is 99. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$895,000	18.0%
Listing Count	545	-5.0%
Listings as % of Homes	3.0%	-5.0%
Days on Market	99	7.0%

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Demographics — Fort Lauderdale, FL

As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 18,600, which has decreased by -1.1% over the past 5 years. Fort Lauderdale, FL is a less popular place for families, as children make up 11.8% of the population. The area has a highly educated workforce, with 51.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,600	-1.1%
% Under 18	11.8%	-16.3%
% Seniors	18.7%	25.5%
% WFH	24.5%	175.3%
% w/ College Degree	51.1%	9.0%

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As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 56.0% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 18.8% of the population. Foreign-born residents account for 32.4% of the population in Fort Lauderdale, FL, and this percentage has increased by 28.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	56.0%	-9.5%
% Black	13.4%	-19.3%
% Hispanic	18.8%	-2.1%
% Asian	3.7%	164.3%
% Foreign Born	32.4%	28.1%

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Mortgage and Risk — Fort Lauderdale, FL

According to HUD data as of 2023, there were 412 mortgage originations in Fort Lauderdale, FL, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	412
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	4.0%
% Second Loans	10.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Fort Lauderdale, FL

As of 2024, the percent of homes in Fort Lauderdale, FL under the Section 8 program is 6.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Fort Lauderdale, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	398
Total Units Section 8	398
% Rentals under Section 8	6.6%
% Occupied Section 8	93.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$80	$1,900	$1,980
2 Bedroom	-$490	$2,940	$2,450
3 Bedroom	-$970	$4,350	$3,380
4 Bedroom	-$3,390	$7,500	$4,110