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Fort Lauderdale, FL—33316

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$714,000
2.5% YoY Growth
Household Income
$89,200
54.2% YoY Growth
Days on Market
99
17.0% Longer YoY
Home Price Forecast
0.4%
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

3331233301333153331133304333053330833306
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Fort Lauderdale, FL

As of May '26, the median home price in Fort Lauderdale, FL is $714,000, with a year-over-year change of -2.5%. This indicates that home prices in Fort Lauderdale, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$714,000-2.5%
Single Family $1,364,0003.0%
Condos $492,000-3.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $243,000
    -7.6%
    2 Bed
    		$623,000-2.5%
    3 Bed
    		$1,402,0002.5%
    4 Bed
    		$2,489,0002.3%
    5 Bed $5,753,6733.6%
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    % of Housing Stock

    Studio
    3.7%
    1 Bedroom
    26.0%
    2 Bedrooms
    50.2%
    3 Bedrooms
    13.1%
    4 Bedrooms
    3.9%
    5+ Bedrooms
    3.1%

    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.

    TypeMedian RentAverage 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 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 17.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$959,00031.0%
    Listing Count
    		366-2.0%
    Listings as % of Homes1.7%-2.0%
    Days on Market
    		9917.0%
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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.

    MetricLatest CensusYoY % Change
    Population
    		12,00022.8%
    % 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

    MetricLatest Census5-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

    MetricZip 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 SizeHUD PremiumMarket RentMax 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

    Affordability — Fort Lauderdale, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio8.5
    Median Home Price$714,000
    Median Household Income$89,200

    Fort Lauderdale, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Fort Lauderdale, FL

    33301

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    33315

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    Frequently Asked Questions