Looking to Rent in Fort Lauderdale, FL? Check Out These Affordable Neighborhoods

Looking to rent in sunny Fort Lauderdale, FL, without draining your bank account? You’re not alone. But, although the city is known for its beaches, nightlife and waterfront views, it’s also known for its high cost of living. That makes finding a budget-friendly place to live more important than ever.

Fortunately, not every neighborhood comes with sky-high rent. If you know where to look, you’ll find pockets of Fort Lauderdale that offer the charm of city living, access to great amenities and rental prices that don’t break the bank. Whether you’re a student, a young professional or downsizing to a simpler lifestyle, these affordable neighborhoods could be your best bet:

• Riverside Park
• Progresso Village
• Lauderdale West
• Lauderdale Lakes
• Imperial Point

Below are five of the best affordable neighborhoods in Fort Lauderdale that are ideal for renters.

Riverside Park

Average rent as of May 2025: $1,718

If you’re looking for a charming spot with a small-town feel, Riverside Park is one of Fort Lauderdale’s best affordable neighborhoods. The average rent here is just $1,718, making it the most budget-friendly option on our list. Riverside Park also has a lot of character with historic homes, leafy streets and a true neighborhood feel.

Renters in this neighborhood enjoy access to local parks, the New River and the downtown core. At the same time, the area is known for being quiet, yet convenient with a mix of vintage apartments and updated rental units. For renters who want charm and value, Riverside Park is a solid pick.

Progresso Village

Average rent as of May 2025: $1,759

Progresso Village is a top pick among the best affordable neighborhoods for renters who want to stay close to downtown. With average rents at $1,759, it’s an ideal mix of affordability and location. Plus, the area has seen a lot of revitalization in recent years, bringing in trendy cafés, bars and boutique shops.

Here, you’ll find a mix of older homes, newer apartment buildings and stylish lofts. It’s a walkable, bike-friendly neighborhood that’s popular with artists, students and remote workers. Plus, it’s just a few minutes from Flagler Village and Las Olas Boulevard.

Lauderdale West

Average rent as of May 2025: $1,759

Renters are sure to love Lauderdale West for its laidback feel and great prices. At an average rent of $1,759, it stands out as one of the most affordable neighborhoods in Fort Lauderdale. It’s especially popular with retirees and young professionals who want a peaceful environment.

Plus, the area features low-rise apartment buildings and townhome-style rentals, often in quiet, well-maintained communities. And, living here gives you easy access to Plantation and Sunrise — two nearby cities with shopping centers, dining and more. Overall, Lauderdale West is a hidden gem for those looking to enjoy the Fort Lauderdale lifestyle — without the steep price tag.

Lauderdale Lakes

Average rent as of May 2025: $1,967

Lauderdale Lakes is one of the most budget-friendly neighborhoods in the Fort Lauderdale area with average rents around $1,967. This diverse, welcoming community offers a mix of condos and apartment complexes that are perfect for renters looking for value.

Notably, the neighborhood is dotted with Caribbean and Latin restaurants; local markets; and city parks. It’s also close to major highways, which is a plus for commuters. So, if you’re looking for an affordable place with a strong community vibe, Lauderdale Lakes deserves a closer look.

Imperial Point

Average rent as of May 2025: $2,135

With an average rent of $2,135, Imperial Point may not be the cheapest on this list, it’s still considered one of the best affordable neighborhoods when you factor in quality of life. This quiet, residential area is known for its tree-lined streets, safe environment, and proximity to top-rated hospitals and schools.

Additionally, renters here enjoy access to parks, shopping plazas and quick routes to the beach. Apartments in Imperial Point range from garden-style units to modern mid-rises, often with pools and on-site parking. As such, it’s a great pick for renters who want a more suburban feel within city limits.

Renting in Fort Lauderdale doesn’t have to mean overpaying. These five affordable neighborhoods offer a smart balance of value, lifestyle and location. Whether you want something urban, laidback, or full of community spirit, there’s a spot that fits your needs and your budget.

Or, if you’re searching for affordable housing in other cities, check out our insights on Tampa, FL; Hartford, CT; or Houston.