Property Prices in Fort Lauderdale, FL, United States

Index Info
Price to Income Ratio: 3.82
Mortgage as Percentage of Income: 34.81%
Loan Affordability Index: 2.87
Price to Rent Ratio - City Centre: 10.86
Price to Rent Ratio - Outside of Centre: 7.63
Gross Rental Yield (City Centre): 9.21%
Gross Rental Yield (Outside of Centre): 13.10%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,298.00 $ 2,000.00-2,800.00
Apartment (1 bedroom) Outside of Centre 1,887.50 $ 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,668.75 $ 3,000.00-4,400.00
Apartment (3 bedrooms) Outside of Centre 3,000.00 $ 2,800.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 480.00 $ 400.00-699.99
Price per Square Feet to Buy Apartment Outside of Centre 276.66 $ 250.00-350.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,331.76 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 6.00-7.00

These data are based on 96 entries in the past 18 months from 18 different contributors.
Last update: November 2023

Sources and References
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