Most Affordable Neighborhoods in Fort Lauderdale, FL
Some of the cheapest neighborhoods in Fort Lauderdale are Knoll Ridge, Coral Ridge Isles, and Melrose Park. These neighborhoods offer some of the lowest rent prices in Fort Lauderdale, making them ideal for renters on a budget. As of June 13, 2025, the average rent in Fort Lauderdale is $2,235, which is 0.6% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Knoll Ridge
Average Rent
$1,518/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
36/100
Units Available
14 Rentals
Knoll Ridge is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,518. Compare this to the city average of $2,235. In the past year, rent prices have increased by 3.2%. Knoll Ridge provides easy access to Art Inst. of Ft. Lauderdale, The Landings, and Corral Ridge. It’s a walkable neighborhood with a WalkScore® of 80.
Coral Ridge Isles
Average Rent
$1,680/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
36/100
Units Available
33 Rentals
If you’re looking for a great, affordable neighborhood in Fort Lauderdale, Coral Ridge Isles might be the perfect place! It has an average rent price of $1,680, while the city’s average stands at $2,235. In the last year, prices have increased by 2%. Coral Ridge Isles is near Museum of Discovery and Science, Florida Atlantic University, and Jimmy John's Plaza.
Melrose Park
Average Rent
$1,804/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
41/100
Units Available
11 Rentals
Melrose Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Melrose Park is $1,804 while the city average is $2,235. This is a 2.1% difference from last year. Residents enjoy convenient access to Tree Tops Park, Plantation Plaza, and Museum of Discovery and Science. The neighborhood is considered walkable with a WalkScore® of 73.
Waverly Place
Average Rent
$1,821/Month
TransitScore® Rating
49/100
Units Available
14 Rentals
When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Waverly Place. The average rent is $1,821, compared to the city average of $2,235. Waverly Place is convenient to Keiser University, Hugh Taylor Birch State Park, and Shoppes On Arts Avenue. The community is walkable with a WalkScore® of 72.
Riverside Park
Average Rent
$1,824/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
36/100
Units Available
19 Rentals
Riverside Park is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,824. Compare this to the city average of $2,235. In the past year, rent prices have decreased by 0.7%. Riverside Park provides easy access to Buehler Planetarium & Observatory, Miami International, and Hugh Taylor Birch State Park. It’s a car-dependent neighborhood with a WalkScore® of 31.
Poinsettia Heights
Average Rent
$1,839/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
34/100
Units Available
30 Rentals
If you’re looking for a great, affordable neighborhood in Fort Lauderdale, Poinsettia Heights might be the perfect place! It has an average rent price of $1,839, while the city’s average stands at $2,235. In the last year, prices have increased by 2.1%. Poinsettia Heights is near Florida Atlantic University, John U. Lloyd Beach State Park, and Federal Shoppes.
South Middle River
Average Rent
$1,843/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
44/100
Units Available
14 Rentals
South Middle River is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Middle River is $1,843 while the city average is $2,235. This is a 2.1% difference from last year. Residents enjoy convenient access to John U. Lloyd Beach State Park, Andrews Plaza, and Florida Atlantic University. The neighborhood is considered walkable with a WalkScore® of 75.
Middle River Terrace
Average Rent
$1,849/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
40/100
Units Available
26 Rentals
When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Middle River Terrace. The average rent is $1,849, compared to the city average of $2,235. Rent prices have increased by 0.7%. Middle River Terrace is convenient to Florida Atlantic University, Florida Atlantic University, and Hugh Taylor Birch State Park. The community is walkable with a WalkScore® of 77.
Harbor Heights
Average Rent
$1,874/Month
TransitScore® Rating
27/100
Units Available
10 Rentals
Harbor Heights is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,874. Compare this to the city average of $2,235. Harbor Heights provides easy access to Keiser University, South Harbor Plaza, and Florida Atlantic University. It’s a car-dependent neighborhood with a WalkScore® of 29.
Melrose Manors
Average Rent
$1,923/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
38/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Fort Lauderdale, Melrose Manors might be the perfect place! It has an average rent price of $1,923, while the city’s average stands at $2,235. In the last year, prices have increased by 1.5%. Melrose Manors is near Museum of Discovery and Science, Florida Atlantic University, and Fort Lauderdale/Hollywood International.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.