Survey: Broward has Florida’s 5 priciest cities for rental apartments

The survey by RENTCafé ranked Miramar as the state's most expensive rental market

Aug.August 19, 2017 02:00 PM

Aerial view of Broward County (Credit: Francisco Azola)

Led by Miramar, Broward County has the five most expensive rental apartment markets in Florida, according to a survey by RENTCafé, a national apartment-search website.

The average monthly rent for a Miramar apartment was $1,800 in July, a 3.2 percent increase from July 2016, RENTCafé reported.

RENTCafé surveyed apartment buildings with at least 50 units. The survey excluded houses and condominiums on the rental market.

Adrian Rosenberg, a spokesman for the website, told the Sun-Sentinel that Miramar rents reflect a large stock of high-end apartment buildings in the southwest Broward County suburb, where developers have opened 1,500 new apartments since 2013.

RENTCafé found that the average apartment rent in Fort Lauderdale ranked second among Florida cities at $1,751 a month, followed by third-ranked Davie at $1,739 a month.

Coral Springs and Pembroke Pines tied for fourth place among Florida cities, each with an average monthly apartment rent of $1,653.

Miami ranked sixth statewide with an average monthly apartment rent of $1,587. Rosenberg said lower-priced areas of the city held down Miami’s statewide ranking.

Seventh-ranked West Palm Beach had an average apartment rent of $1,344 a month, and it was the only city in Palm Beach County among the 15 priciest markets in the state.

Orlando ranked tenth ($1,269) in the RENTCafé survey. St. Petersburg ranked 12th ($1,212), Tampa 13th ($1,199), Tallahassee 14th ($1,141) and Gainesville 15th ($1,119). [Sun-Sentinel]Mike Seemuth

Related Articles

A rendering of the planned headquarters

Spirit Airlines plans to build $250M HQ campus in Dania Beach

IDI Logistics CEO Mark Saturno and 11600 Miramar Parkway (Credit: iStock)

IDI Logistics sells massive warehouse portfolio in Miramar for $117M

Construction of downtown Hollywood high-rise may start soon

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

Miami developer Dan Kodsi plans large St. Petersburg project that could cost $2B

South Florida firm buys Sunrise apartment complex for $20.2M

Home owned by late Miami Marlins pitcher Jose Fernandez is in foreclosure

Developer borrows $105M, breaks ground for mixed-use Flagler Village project