Property Prices in Fort Lauderdale, FL, United States

Index Info
Price to Income Ratio: 6.57
Mortgage as Percentage of Income: 50.47%
Loan Affordability Index: 1.98
Price to Rent Ratio - City Centre: 16.12
Price to Rent Ratio - Outside of Centre: 7.75
Gross Rental Yield (City Centre): 6.20%
Gross Rental Yield (Outside of Centre): 12.91%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,364.29 $ 2,000.00-2,600.00
Apartment (1 bedroom) Outside of Centre 1,593.33 $ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,550.00 $ 3,000.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,756.25 $ 2,400.00-3,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 714.96 $ 425.00-964.91
Price per Square Feet to Buy Apartment Outside of Centre 245.83 $ 200.00-300.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,935.42 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.64 3.00-5.43

These data are based on 100 entries in the past 18 months from 22 different contributors.
Last update: August 2022

Sources and References
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