Foreclosure Homes in Fort Lauderdale, FL

Current Market Conditions in Fort Lauderdale, FL

Fort Lauderdale's real estate market has experienced a significant increase in demand over the past year, with home prices rising due to the influx of new residents seeking the desirable coastal lifestyle. The condominium market has particularly thrived, driven by both domestic buyers and international investors.

The rental market is also robust, with many individuals looking for temporary residences, given the area's appeal to seasonal visitors and professionals. However, the availability of homes for sale has decreased somewhat, leading to competitive bidding situations for desirable properties.

Rent Prices In Fort Lauderdale, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Lauderdale, FL, is on a rollercoaster ride. The average rent price in Fort Lauderdale, FL, is $2,056.00. Indeed, when looking to rent in Fort Lauderdale, FL, you can expect to pay as little as $680.00 or as much as $6,000.00, with the average rent median estimated to be $1,820.00. The good news is that finding an affordable and desirable property to rent in Fort Lauderdale, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.