The Most Affordable Neighborhoods in Downtown Fort Lauderdale, Fort Lauderdale, FL by Home Value

 

Downtown Fort Lauderdale, Fort Lauderdale, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Downtown Fort Lauderdale area can be challenging. Home prices in Downtown Fort Lauderdale are now at a median cost of $366,271, lower than the Fort Lauderdale average of $411,974.

The average cost of rent is $2,348/mo in Downtown Fort Lauderdale, primarily driven by the current value of real estate in the Downtown Fort Lauderdale area. While nearly 39.16% of residents own their homes outright in Downtown Fort Lauderdale, 63.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Downtown Fort Lauderdale is $9,352 per month. Households that rent pay about 25.11% of their income on rent here. Downtown Fort Lauderdale's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the neighborhood.


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