Most Affordable Neighborhoods in Fort Lauderdale, FL
Some of the cheapest neighborhoods in Fort Lauderdale are Coral Ridge Isles, Riverside Park, and Knoll Ridge. These neighborhoods offer some of the lowest rent prices in Fort Lauderdale, making them ideal for renters on a budget. As of October 27, 2025, the average rent in Fort Lauderdale is $2,235, which is 0.9% 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.
Coral Ridge Isles
Average Rent
$1,627/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
36/100
Units Available
39 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 $1,627, while the city’s average stands at $2,235. In the last year, prices have increased by 1.7%. Coral Ridge Isles is near Butterfly World, Tradewinds Park & Stables, and Fern Forest Nature Center.
Riverside Park
Average Rent
$1,643/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
36/100
Units Available
16 Rentals
Riverside Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Riverside Park is $1,643 while the city average is $2,235. This is a -1.5% difference from last year. Residents enjoy convenient access to Shoppes On Arts Avenue, Secret Woods Nature Center, and Florida Atlantic University. The neighborhood is considered car-dependent with a WalkScore® of 31.
Knoll Ridge
Average Rent
$1,706/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
36/100
Units Available
18 Rentals
When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Knoll Ridge. The average rent is $1,706, compared to the city average of $2,235. Rent prices have increased by 1.7%. Knoll Ridge is convenient to Hugh Taylor Birch State Park, Corral Ridge, and The Landings. The community is walkable with a WalkScore® of 80.
Melrose Park
Average Rent
$1,725/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
41/100
Units Available
21 Rentals
Melrose Park is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,725. Compare this to the city average of $2,235. In the past year, rent prices have increased by 1.7%. Melrose Park provides easy access to Tree Tops Park, Florida Atlantic University, and Nova Southeastern University. It’s a walkable neighborhood with a WalkScore® of 73.
South Middle River
Average Rent
$1,774/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
44/100
Units Available
31 Rentals
If you’re looking for a great, affordable neighborhood in Fort Lauderdale, South Middle River might be the perfect place! It has an average rent price of $1,774, while the city’s average stands at $2,235. In the last year, prices have increased by 1.6%. South Middle River is near Manor Plaza Shopping Center, John U. Lloyd Beach State Park, and Miami International.
Middle River Terrace
Average Rent
$1,785/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
40/100
Units Available
37 Rentals
Middle River Terrace is a top choice for budget-conscious renters for a variety of reasons. The average rent in Middle River Terrace is $1,785 while the city average is $2,235. This is a 1.5% difference from last year. Residents enjoy convenient access to Secret Woods Nature Center, Park Plaza, and Keiser University. The neighborhood is considered walkable with a WalkScore® of 77.
Poinsettia Heights
Average Rent
$1,809/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
34/100
Units Available
28 Rentals
When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Poinsettia Heights. The average rent is $1,809, compared to the city average of $2,235. Rent prices have increased by 1.7%. Poinsettia Heights is convenient to Florida Atlantic University, Hugh Taylor Birch State Park, and Art Inst. of Ft. Lauderdale. The community is walkable with a WalkScore® of 72.
Imperial Point
Average Rent
$1,850/Month
Year-Over-Year Rent Change
6.5%
TransitScore® Rating
35/100
Units Available
42 Rentals
Imperial Point offers a suburban feel with well-maintained homes and proximity to major medical centers like Broward Health Imperial Point. Renters will benefit from the neighborhood’s quiet streets and easy access to nearby beaches. Not to mention, it's also close to major shopping centers like Imperial Square and Pompano Plaza.
Melrose Manors
Average Rent
$1,862/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
38/100
Units Available
17 Rentals
Melrose Manors is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,862. Compare this to the city average of $2,235. In the past year, rent prices have decreased by 2.7%. Melrose Manors provides easy access to Buehler Planetarium & Observatory, Riverbend Marketplace, and Museum of Discovery and Science. It’s a somewhat walkable neighborhood with a WalkScore® of 69.
Waverly Place
Average Rent
$1,872/Month
TransitScore® Rating
49/100
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Fort Lauderdale, Waverly Place might be the perfect place! It has an average rent price of $1,872, while the city’s average stands at $2,235. Waverly Place is near Buehler Planetarium & Observatory, Keiser 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.