Property Prices in Fort Lauderdale, FL, United States

Index Info
Price to Income Ratio: 4.11
Mortgage as Percentage of Income: 37.02%
Loan Affordability Index: 2.70
Price to Rent Ratio - City Centre: 9.18
Price to Rent Ratio - Outside of Centre: 11.07
Gross Rental Yield (City Centre): 10.90%
Gross Rental Yield (Outside of Centre): 9.03%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,334.91 $ 2,000.00-2,800.00
Apartment (1 bedroom) Outside of Centre 1,844.44 $ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,550.00 $ 3,000.00-4,400.00
Apartment (3 bedrooms) Outside of Centre 3,050.00 $ 2,600.00-4,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 403.99 $ 350.00-475.00
Price per Square Feet to Buy Apartment Outside of Centre 398.66 $ 397.99-400.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,257.99 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.59 6.00-6.80

These data are based on 116 entries in the past 18 months from 24 different contributors.
Last update: May 2024

Sources and References
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