Best Affordable Neighborhoods in Fort Lauderdale, FL
Some of the cheapest neighborhoods in Fort Lauderdale are Knoll Ridge, Coral Ridge Isles, and Poinsettia Heights. These neighborhoods offer some of the lowest rent prices in Fort Lauderdale, making them ideal for renters on a budget. As of March 12, 2026, the average rent in Fort Lauderdale is $2,273, which is 0.7% 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
$1,638/Month
Year-Over-Year Rent Change
8.8%
TransitScore® Rating
36/100
Units Available
27 Rentals
When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Knoll Ridge. The average rent is $1,638, compared to the city average of $2,273. Rent prices have decreased by 8.8%. Knoll Ridge is convenient to Miami International, Shoppes At 18th & Commercial, and Hugh Taylor Birch State Park. The community is walkable with a WalkScore® of 80.
Coral Ridge Isles
Average Rent
$1,705/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
36/100
Units Available
25 Rentals
Coral Ridge Isles is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,705. Compare this to the city average of $2,273. In the past year, rent prices have increased by 1.3%. Coral Ridge Isles provides easy access to MAB Paints Plaza, Hugh Taylor Birch State Park, and Museum of Discovery and Science. It’s a somewhat walkable neighborhood with a WalkScore® of 67.
Poinsettia Heights
Average Rent
$1,734/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
34/100
Units Available
10 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 $1,734, while the city’s average stands at $2,273. In the last year, prices have increased by 1.3%. Poinsettia Heights is near John U. Lloyd Beach State Park, Federal Shoppes, and Florida Atlantic University.
Melrose Park
Average Rent
$1,747/Month
Year-Over-Year Rent Change
7.4%
TransitScore® Rating
41/100
Units Available
10 Rentals
Melrose Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Melrose Park is $1,747 while the city average is $2,273. This is a 7.4% difference from last year. Residents enjoy convenient access to Plantation Plaza, Nova Southeastern University, and Secret Woods Nature Center. The neighborhood is considered walkable with a WalkScore® of 74.
Riverside Park
Average Rent
$1,771/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
36/100
Units Available
15 Rentals
When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Riverside Park. The average rent is $1,771, compared to the city average of $2,273. Rent prices have decreased by 1.2%. Riverside Park is convenient to Fort Lauderdale/Hollywood International, Value Pawn Shopping Center, and Florida Atlantic University. The community is car-dependent with a WalkScore® of 31.
South Middle River
Average Rent
$1,792/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
44/100
Units Available
13 Rentals
South Middle River is an affordable neighborhood in Fort Lauderdale with an average rent price of $1,792. Compare this to the city average of $2,273. In the past year, rent prices have increased by 1.3%. South Middle River provides easy access to Keiser University, Sunrise 300, and John U. Lloyd Beach State Park. It’s a walkable neighborhood with a WalkScore® of 75.
Middle River Terrace
Average Rent
$1,821/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
40/100
Units Available
23 Rentals
If you’re looking for a great, affordable neighborhood in Fort Lauderdale, Middle River Terrace might be the perfect place! It has an average rent price of $1,821, while the city’s average stands at $2,273. In the last year, prices have increased by 1.5%. Middle River Terrace is near Keiser University, Park Plaza, and Miami International.
Imperial Point
Average Rent
$1,851/Month
Year-Over-Year Rent Change
1.9%
TransitScore® Rating
35/100
Units Available
43 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.
Edgewood
Average Rent
$1,986/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
29/100
Units Available
10 Rentals
Edgewood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Edgewood is $1,986 while the city average is $2,273. This is a 0.3% difference from last year. Residents enjoy convenient access to Florida Atlantic University, Southland Shopping Center, and Florida Atlantic University. The neighborhood is considered somewhat walkable with a WalkScore® of 52.
Melrose Manors
Average Rent
$2,049/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
38/100
Units Available
11 Rentals
When you’re looking for a great Fort Lauderdale neighborhood on a budget, check out Melrose Manors. The average rent is $2,049, compared to the city average of $2,273. Rent prices have increased by 0.1%. Melrose Manors is convenient to Florida Atlantic University, Value Pawn Shopping Center, and Museum of Discovery and Science. The community is somewhat walkable with a WalkScore® of 69.
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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.