Cheapest Neighborhoods in Fort Lauderdale, FL

Some of the cheapest neighborhoods in Fort Lauderdale are Knoll Ridge, Riverside Park, and Middle River Terrace. These neighborhoods offer some of the lowest rent prices in Fort Lauderdale, making them ideal for renters on a budget. As of June 10, 2026, the average rent in Fort Lauderdale is $2,284, 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

$1,709/Month

Year-Over-Year Rent Change

1.8%

Units Available

20 Rentals

Knoll Ridge is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,709. Compare this to the city average of $2,284. In the past year, rent prices have decreased by 1.8%. Knoll Ridge provides easy access to Shoppes At 18th & Commercial, Museum of Discovery and Science, and Keiser University.

Riverside Park

Average Rent

$1,762/Month

Year-Over-Year Rent Change

2.5%

Units Available

12 Rentals

If you’re looking for a great, affordable neighborhood in Fort Lauderdale, Riverside Park might be the perfect place! It has an average rent price of $1,762, while the city’s average stands at $2,284. In the last year, prices have decreased by 2.5%. Riverside Park is near Snyder Park, Secret Woods Nature Center, and Shoppes On Arts Avenue.

Middle River Terrace

Average Rent

$1,774/Month

Year-Over-Year Rent Change

3.1%

Units Available

30 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 $1,774 while the city average is $2,284. This is a 3.1% difference from last year. Residents enjoy convenient access to Park Plaza, Keiser University, and Florida Atlantic University.

Coral Ridge Isles

Average Rent

$1,807/Month

Year-Over-Year Rent Change

0.5%

Units Available

19 Rentals

When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Coral Ridge Isles. The average rent is $1,807, compared to the city average of $2,284. Rent prices have increased by 0.5%. Coral Ridge Isles is convenient to Fort Lauderdale/Hollywood International, Jimmy John's Plaza, and Hugh Taylor Birch State Park.

Poinsettia Heights

Average Rent

$1,887/Month

Year-Over-Year Rent Change

1%

Units Available

11 Rentals

Poinsettia Heights is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,887. Compare this to the city average of $2,284. In the past year, rent prices have increased by 1%. Poinsettia Heights provides easy access to Keiser University, Art Inst. of Ft. Lauderdale, and Florida Atlantic University.

Melrose Park

Average Rent

$1,890/Month

Year-Over-Year Rent Change

5.2%

Units Available

12 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 $1,890, while the city’s average stands at $2,284. In the last year, prices have increased by 5.2%. Melrose Park is near Snyder Park, Buehler Planetarium & Observatory, and Secret Woods Nature Center.

South Middle River

Average Rent

$1,928/Month

Year-Over-Year Rent Change

1%

Units Available

16 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 $1,928 while the city average is $2,284. This is a 1% difference from last year. Residents enjoy convenient access to Keiser University, Sunrise 300, and Art Inst. of Ft. Lauderdale.

River Oaks

Average Rent

$2,049/Month

Year-Over-Year Rent Change

0.5%

Units Available

21 Rentals

When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out River Oaks. The average rent is $2,049, compared to the city average of $2,284. Rent prices have decreased by 0.5%. River Oaks is convenient to Fort Lauderdale/Hollywood International, John U. Lloyd Beach State Park, and Museum of Discovery and Science.

Imperial Point

Average Rent

$2,094/Month

Year-Over-Year Rent Change

15.3%

Units Available

28 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.

Lake Ridge

Average Rent

$2,218/Month

Year-Over-Year Rent Change

1%

Units Available

27 Rentals

Lake Ridge is a quiet, centrally located neighborhood with quick access to downtown and Fort Lauderdale Beach. Renters will enjoy nearby green spaces like Holiday Park and the area’s peaceful atmosphere. Shopping, dining, and entertainment options are also just a short drive away.

Ready to make your move to Fort Lauderdale? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!

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.