Most Affordable Neighborhoods in Fort Lauderdale, FL

Some of the cheapest neighborhoods in Fort Lauderdale are Riverside Park, Coral Ridge Isles, and South Middle River. These neighborhoods offer some of the lowest rent prices in Fort Lauderdale, making them ideal for renters on a budget. As of July 28, 2025, the average rent in Fort Lauderdale is $2,248, which is 1% 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.

Riverside Park

Average Rent

$1,618/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

36/100

Units Available

19 Rentals

When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Riverside Park. The average rent is $1,618, compared to the city average of $2,248. Rent prices have decreased by 0.7%. Riverside Park is convenient to Shoppes On Arts Avenue, Secret Woods Nature Center, and Buehler Planetarium & Observatory. The community is car-dependent with a WalkScore® of 31.

Coral Ridge Isles

Average Rent

$1,715/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

36/100

Units Available

31 Rentals

Coral Ridge Isles is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,715. Compare this to the city average of $2,248. In the past year, rent prices have increased by 1.3%. Coral Ridge Isles provides easy access to MAB Paints Plaza, Jimmy John's Plaza, and Boulevard Shopping Center. It’s a somewhat walkable neighborhood with a WalkScore® of 67.

South Middle River

Average Rent

$1,736/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

44/100

Units Available

22 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 $1,736, while the city’s average stands at $2,248. In the last year, prices have increased by 1.7%. South Middle River is near Museum of Discovery and Science, Fern Forest Nature Center, and Florida Atlantic University.

Harbor Heights

Average Rent

$1,760/Month

TransitScore® Rating

27/100

Units Available

14 Rentals

Harbor Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Harbor Heights is $1,760 while the city average is $2,248. Residents enjoy convenient access to West Lake Park/Anne Kolb Nature Center, Miami International, and Florida Atlantic University. The neighborhood is considered car-dependent with a WalkScore® of 29.

Waverly Place

Average Rent

$1,768/Month

TransitScore® Rating

49/100

Units Available

10 Rentals

When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Waverly Place. The average rent is $1,768, compared to the city average of $2,248. Waverly Place is convenient to Shoppes On Arts Avenue, Florida Atlantic University, and Palm Court Pavilion. The community is walkable with a WalkScore® of 72.

Middle River Terrace

Average Rent

$1,795/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

40/100

Units Available

29 Rentals

Middle River Terrace is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,795. Compare this to the city average of $2,248. In the past year, rent prices have increased by 1.2%. Middle River Terrace provides easy access to John U. Lloyd Beach State Park, Keiser University, and Fort Lauderdale/Hollywood International. It’s a walkable neighborhood with a WalkScore® of 77.

Melrose Park

Average Rent

$1,848/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

41/100

Units Available

14 Rentals

If you’re looking for a great, affordable neighborhood in Fort Lauderdale, Melrose Park might be the perfect place! It has an average rent price of $1,848, while the city’s average stands at $2,248. In the last year, prices have increased by 1.7%. Melrose Park is near Freedom Building, Florida Atlantic University, and Florida Atlantic University.

Beach Way Heights

Average Rent

$1,902/Month

TransitScore® Rating

37/100

Units Available

11 Rentals

Beach Way Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Beach Way Heights is $1,902 while the city average is $2,248. Residents enjoy convenient access to Florida Atlantic University, Hugh Taylor Birch State Park, and Keiser University. The neighborhood is considered somewhat walkable with a WalkScore® of 56.

Poinsettia Heights

Average Rent

$1,934/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

34/100

Units Available

20 Rentals

When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Poinsettia Heights. The average rent is $1,934, compared to the city average of $2,248. Rent prices have increased by 1.7%. Poinsettia Heights is convenient to Museum of Discovery and Science, Bal Harbor Square, and Art Inst. of Ft. Lauderdale. The community is walkable with a WalkScore® of 72.

River Reach Condominium

Average Rent

$1,950/Month

TransitScore® Rating

30/100

Units Available

13 Rentals

River Reach Condominium is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,950. Compare this to the city average of $2,248. River Reach Condominium provides easy access to Fort Lauderdale/Hollywood International, Rio Vista Plaza, and Art Inst. of Ft. Lauderdale. It’s a car-dependent neighborhood with a WalkScore® of 16.

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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.