Fort Lauderdale, FL 33308 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Fort Lauderdale, FL—33308

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$515,000

6.1% YoY Growth

Household Income

$83,400

32.9% YoY Growth

Days on Market

98

18.0% Longer YoY

Home Price Forecast

2.2%

Median Rent

$3,200

3.5% YoY Growth

1-Bed Rent

$2,000

1.3% YoY Growth

2-Bed Rent

$3,300

1.4% YoY Growth

3-Bed Rent

$5,950

5.9% YoY Growth

Other Zip Codes in Fort Lauderdale, FL

33312 33316 33301 33315 33311 33304 33305 33306

Home Price Trends — Fort Lauderdale, FL

As of Dec '25, the median home price in Fort Lauderdale, FL is $515,000, with a year-over-year change of -6.1%. This indicates that home prices in Fort Lauderdale, FL are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$515,000	-6.1%
Single Family	$977,000	-4.2%
Condos	$390,000	-6.2%

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 $3,810, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,970, 1-bedrooms: $2,330, 2-bedrooms: $3,660, 3-bedrooms: $6,320, 4-bedrooms: $6,930. The most common rental property sizes in Fort Lauderdale, FL are 2-bedroom and 1-bedroom, accounting for 43.7% and 42.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,200	$3,810
Studio Rent	$1,750	$1,970
1 Bed Rent	$2,000	$2,330
2 Bed Rent	$3,300	$3,660
3 Bed Rent	$5,950	$6,320
4 Bed Rent	$6,750	$6,930

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% of Rental Stock

Studio

5.2%

1 Bedroom

42.1%

2 Bedrooms

43.7%

3 Bedrooms

6.7%

4 Bedrooms

2.0%

5+ Bedrooms

0.2%

Property Listings — Fort Lauderdale, FL

As of Dec '25, Realtor.com reports that the median days on market for a home in Fort Lauderdale, FL is 100. This is a increase of 22.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$526,000	-8.0%
Listing Count	736	-5.0%
Listings as % of Homes	1.8%	-5.0%
Days on Market	98	18.0%

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Demographics — Fort Lauderdale, FL

As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 27,300, which has decreased by -2.5% over the past 5 years. Fort Lauderdale, FL is a less popular place for families, as children make up 10.1% of the population. The area has a highly educated workforce, with 55.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,300	-2.5%
% Under 18	10.1%	-1.0%
% Seniors	35.3%	-1.1%
% WFH	24.0%	147.4%
% w/ College Degree	55.6%	12.8%

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As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 74.6% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 15.8% of the population. Foreign-born residents account for 24.1% of the population in Fort Lauderdale, FL, and this percentage has increased by 10.6% 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	74.6%	-4.4%
% Black	2.5%	25.0%
% Hispanic	15.8%	3.9%
% Asian	2.5%	-32.4%
% Foreign Born	24.1%	10.6%

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Mortgage and Risk — Fort Lauderdale, FL

According to HUD data as of 2023, there were 439 mortgage originations in Fort Lauderdale, FL, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	439
% Conventional Loans	98.0%
% Government Loans	2.0%
% Investor Loans	2.0%
% Second Loans	15.0%
% Cash Out Refinance	9.0%

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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 0.7%. 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	28
Total Units Section 8	28
% Rentals under Section 8	0.7%
% Occupied Section 8	84.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$250	$2,000	$2,250
2 Bedroom	-$510	$3,300	$2,790
3 Bedroom	-$2,100	$5,950	$3,850
4 Bedroom	-$2,060	$6,750	$4,690