Property Prices in Fort Lauderdale, FL, United States

Index Info
Price to Income Ratio: 4.49
Mortgage as Percentage of Income: 32.24%
Loan Affordability Index: 3.10
Price to Rent Ratio - City Centre: 14.65
Price to Rent Ratio - Outside of Centre: 7.31
Gross Rental Yield (City Centre): 6.83%
Gross Rental Yield (Outside of Centre): 13.68%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,797.66 $ 1,500.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,389.83 $ 1,200.00-1,550.00
Apartment (3 bedrooms) in City Centre 2,945.62 $ 2,500.00-3,600.00
Apartment (3 bedrooms) Outside of Centre 2,457.22 $ 2,000.00-2,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 512.21 $ 350.00-964.91
Price per Square Feet to Buy Apartment Outside of Centre 204.23 $ 182.97-250.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,289.65 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.84 3.00-4.50

These data are based on 180 entries in the past 18 months from 30 different contributors.
Last update: April 2021

Sources and References
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