Fort Lauderdale, FL 33316 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Fort Lauderdale, FL—33316

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$692,000

5.5% YoY Growth

Household Income

$89,200

54.2% YoY Growth

Days on Market

100

11.0% Longer YoY

Home Price Forecast

2.3%

Median Rent

$2,500

1.3% YoY Growth

1-Bed Rent

$1,950

3.6% YoY Growth

2-Bed Rent

$2,800

8.8% YoY Growth

3-Bed Rent

$4,500

0.4% YoY Growth

Other Zip Codes in Fort Lauderdale, FL

33312 33301 33315 33311 33304 33305 33308 33306

Home Price Trends — Fort Lauderdale, FL

As of Dec '25, the median home price in Fort Lauderdale, FL is $692,000, with a year-over-year change of -5.5%. This indicates that home prices in Fort Lauderdale, FL are decreasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$692,000	-5.5%
Single Family	$1,296,000	-2.2%
Condos	$479,000	-7.0%

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 $3,100, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Fort Lauderdale, FL is studios: $1,690, 1-bedrooms: $2,150, 2-bedrooms: $3,220, 3-bedrooms: $5,070, 4-bedrooms: $8,500. The most common rental property sizes in Fort Lauderdale, FL are 1-bedroom and 2-bedroom, accounting for 43.3% and 40.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,500	$3,100
Studio Rent	$1,480	$1,690
1 Bed Rent	$1,950	$2,150
2 Bed Rent	$2,800	$3,220
3 Bed Rent	$4,500	$5,070
4 Bed Rent	$8,000	$8,500

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% of Rental Stock

Studio

10.6%

1 Bedroom

43.3%

2 Bedrooms

40.7%

3 Bedrooms

5.0%

4 Bedrooms

0.2%

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 88. This is a increase of 4.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$988,000	10.0%
Listing Count	352	18.0%
Listings as % of Homes	1.7%	18.0%
Days on Market	100	11.0%

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Demographics — Fort Lauderdale, FL

As of the latest ACS Survey released in 2023, Fort Lauderdale, FL has a population of 12,000, which has increased by 22.8% over the past 5 years. Fort Lauderdale, FL is a less popular place for families, as children make up 13.7% of the population. The area has a highly educated workforce, with 54.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,000	22.8%
% Under 18	13.7%	42.7%
% Seniors	27.5%	5.0%
% WFH	21.3%	54.3%
% w/ College Degree	54.0%	9.3%

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As of the latest ACS Survey released in 2023, Fort Lauderdale, FL is a predominantly white area, with 70.3% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Fort Lauderdale, FL is hispanic, making up 16.7% of the population. Foreign-born residents account for 21.9% of the population in Fort Lauderdale, FL, and this percentage has decreased by 6.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	70.3%	-2.8%
% Black	7.3%	-17.0%
% Hispanic	16.7%	5.0%
% Asian	3.8%	46.2%
% Foreign Born	21.9%	-6.8%

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Mortgage and Risk — Fort Lauderdale, FL

According to HUD data as of 2023, there were 130 mortgage originations in Fort Lauderdale, FL, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Fort Lauderdale, FL. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	130
% Conventional Loans	98.0%
% Government Loans	2.0%
% Investor Loans	5.0%
% Second Loans	11.0%
% Cash Out Refinance	11.0%

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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 0.4%. 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	12
Total Units Section 8	11
% Rentals under Section 8	0.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$10	$1,950	$1,960
2 Bedroom	-$370	$2,800	$2,430
3 Bedroom	-$1,140	$4,500	$3,360
4 Bedroom	-$3,920	$8,000	$4,080