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Expensive
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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 $677,468, higher than the Fort Lauderdale average of $566,029.
The average cost of rent is $2,785/mo in Downtown Fort Lauderdale, primarily driven by the current value of real estate in the Downtown Fort Lauderdale area. In Downtown Fort Lauderdale, 57.42% of households rent, and 62.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Fort Lauderdale is $11,279 per month. Households that rent pay about 24.69% of their income on rent here. Downtown Fort Lauderdale’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Tarpon River, Fort Lauderdale, FL: less expensive homes
- Flagler Heights, Fort Lauderdale, FL: less expensive homes
- Victoria Park, Fort Lauderdale, FL: higher priced homes
- Croissant Park, Fort Lauderdale, FL: less expensive homes
- Harbordale, Fort Lauderdale, FL: less expensive homes
- Dorsey-Riverbend, Fort Lauderdale, FL: less expensive homes
- Riverside Park, Fort Lauderdale, FL: less expensive homes
- Lake Ridge, Fort Lauderdale, FL: less expensive homes
- River Oaks, Fort Lauderdale, FL: less expensive homes
- Durrs Homeowners, Fort Lauderdale, FL: less expensive homes
Neighborhoods with Similar Populations
- Homestead Heights, Rochester, NY: less expensive homes
- McKinley Avenue Corridor, Columbus, OH: less expensive homes
- McClellan Park, Madison, WI: less expensive homes
- Lost Lake, Clermont, FL: less expensive homes
- Legacy Place, Alafaya, FL: less expensive homes
- Las Lomas, Laredo, TX: less expensive homes
- Lansingville, Youngstown, OH: less expensive homes
- Lafayette Park, Detroit, MI: less expensive homes
- Lace, Darien, IL: less expensive homes
- Kensington, Tulsa, OK: less expensive homes
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