Average Rent in Galt Mile, Fort Lauderdale, FL

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Current Versus Historical Galt Mile, Fort Lauderdale, FL Rents

Galt Mile rentals average $2,100 for a studio rental to $14,250 for a 4-bedroom rental. The median price of all currently available listings is $3,550, or roughly $3 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $245 (13.21%) year-over-year from $1,855 to $2,100. 1-bedroom rentals prices have decreased by $698 (-22.54%) year-over-year from $3,098 to $2,400. 2-bedroom rentals prices have increased by $217 (5.06%) year-over-year from $4,283 to $4,500. 3-bedroom rentals prices have increased by $233 (3.94%) year-over-year from $5,917 to $6,150. 4-bedroom rentals prices have decreased by $5,750 (-28.75%) year-over-year from $20,000 to $14,250. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.56% this month. 1-bedroom rents have gone down by 6.49% this month. 2-bedroom rents have gone up by 1.89% this month. 3-bedroom rents have gone up by 7.58% this month. 4-bedroom rents have gone up by 8.23% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.26 $2,100 $1,855 (13.21%) $3,340 (-37.13%)
1 BR $2.99 $2,400 $3,098 (-22.54%) $2,125 (12.94%)
2 BR $3.00 $4,500 $4,283 (5.06%) $2,908 (54.73%)
3 BR $3.90 $6,150 $5,917 (3.94%) $4,685 (31.27%)
4+ BR $2.68 $14,250 $20,000 (-28.75%) $12,091 (17.86%)

Historical Rents in Galt Mile, Fort Lauderdale, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Galt Mile

There are a total of 24 cities nearby Galt Mile. The average rent in Galt Mile is currently $2,700 per month. A total of 22 cities nearby have an average rent lower than that. Our records show that Lauderdale Lakes, FL, with an average rent of $1,700, is the most affordable city nearby. In contrast, the most expensive city near Galt Mile, Fort Lauderdale, FL is Sunny Isles Beach, FL. Monthly rents here are on average $5,600 per month.

Let's compare Galt Mile, Fort Lauderdale, FL's rent against other top cities nearby by bedroom size. Typically, rent for studios in Galt Mile, Fort Lauderdale, FL is 39.29% more expensive than other cities nearby. One bedrooms are about 28.00% more expensive. Two bedrooms in Galt Mile, Fort Lauderdale, FL are about 48.33% more expensive. Finally, rent for three bedrooms are about 48.39% more expensive. Want more information? Check out the top 10 cities out of 24 total cities near Galt Mile, Fort Lauderdale, FL in the following chart.
City Studio 1 Bed 2 Bed All
Lauderdale Lakes, FL N/A $1,500 $1,900 $1,700
Margate, FL N/A $1,650 $2,000 $1,900
Lauderhill, FL $1,400 $1,650 $2,000 $2,000
Oakland Park, FL $1,300 $1,763 $2,200 $2,200
Coconut Creek, FL N/A $1,750 $2,200 $2,350
Wilton Manors, FL $1,700 $1,735 $2,425 $2,425
Pompano Beach, FL $1,500 $1,800 $2,450 $2,600
Dania Beach, FL $1,200 $1,900 $2,300 $2,800
Lauderdale-by-the-Sea, FL $1,838 $2,500 $3,500 $3,250
Fort Lauderdale, FL $1,688 $2,200 $3,200 $3,500

Top Neighborhoods Near Galt Mile

There are a total of 15 neighborhoods in or near Galt Mile. Some of these neighborhoods include Royal Poinciana, North Central Hollywood, and Oakland Park. We've included all of these top 15 neighborhoods in or near Galt Mile, Fort Lauderdale, FL in the following chart.

The average rent for these 15 neighborhoods in or near Galt Mile, Fort Lauderdale, FL is currently around $3,100 per month. A total of 12 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $3,100. Out of all the neighborhoods in or near Galt Mile, Royal Poinciana has the most affordable average rent at $1,950 per month. Whereas, at $5,500 average rent per month, Central Beach is the most expensive neighborhood in or near Galt Mile. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Royal Poinciana, Hollywood, FL $1,738 $1,850 $2,488 $1,950
North Central Hollywood, Hollywood, FL $1,375 $1,650 $2,250 $2,025
Oakland Park, FL $1,300 $1,763 $2,200 $2,200
Palm Aire, Pompano Beach, FL N/A $1,750 $2,200 $2,300
Dania Beach, FL $1,200 $1,900 $2,300 $2,800
Eastern Shores, North Miami Beach, FL N/A $2,100 $2,775 $2,900
California Club, Ives Estates, FL N/A $1,800 $2,300 $2,975
Golden Shores Ocean Boulevard Estates, Sunny Isles Beach, FL N/A $2,750 $4,000 $3,100
Hallandale Beach, FL $1,950 $2,200 $3,200 $3,150
Victoria Park, Fort Lauderdale, FL $1,700 $2,100 $3,200 $3,300
Lauderdale-by-the-Sea, FL N/A $2,650 $3,900 $3,500
Hollywood Beach - Quadoman, Hollywood, FL $2,500 $3,000 $4,500 $3,500
Hollywood Hills, Hollywood, FL N/A $1,675 $2,325 $3,600
Hollywood Lakes, Hollywood, FL $1,750 $2,000 $3,000 $4,300
Central Beach, Fort Lauderdale, FL N/A $4,825 $6,250 $5,500

Top Counties Near Galt Mile

There are a total of 15 counties located by Galt Mile, Fort Lauderdale, FL. Some of these counties include Coral Springs-Margate, FL, Plantation, FL, and Pompano Beach, FL. The average rent for rentals in these counties is $3,000. That's roughly around $2 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Coral Springs-Margate, FL. It's average rent per month is $2,200. Vice versa, with an average rent of $3,500, Deerfield Beach, FL is the most expensive county by Galt Mile, Fort Lauderdale, FL.

Typically, rent for studios in Galt Mile, Fort Lauderdale, FL is 26.19% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Galt Mile, Fort Lauderdale, FL is 24.00% more expensive than other counties nearby. Finally, rent for two bedrooms in Galt Mile, Fort Lauderdale, FL is 44.44% more expensive than other counties nearby. We've listed the top 8 counties in the chart below.
County Studio 1 Bed 2 Bed All
Coral Springs-Margate, FL N/A $1,693 $2,100 $2,200
Plantation, FL $1,400 $1,700 $2,175 $2,300
Pompano Beach, FL $1,500 $1,950 $2,500 $2,600
Fort Lauderdale, FL $1,725 $2,000 $2,900 $3,000
Hollywood, FL $2,000 $2,300 $2,989 $3,000
Miami Gardens, FL N/A $1,600 $2,250 $3,000
Hallandale Beach, FL $1,900 $2,200 $3,200 $3,200
Deerfield Beach, FL $1,600 $1,850 $2,500 $3,500

Top Zipcodes Near Galt Mile

There are a total of 40 zipcodes in or near Galt Mile, Fort Lauderdale, FL. The average rent for all of these zipcodes is $2,513. A total of 34 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 33313, Lauderhill, FL at $1,875 per month. In comparison, the zipcode with the most expensive average rent of $5,000 per month is 33160, North Miami Beach, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Galt Mile, Fort Lauderdale, FL is $1,800 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,323 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Galt Mile, Fort Lauderdale, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33308, Fort Lauderdale, FL $1,875 $2,400 $3,500 $3,500
33305, Fort Lauderdale, FL $1,600 $1,800 $3,050 $3,300
33334, Oakland Park, FL $1,300 $1,838 $2,370 $2,988
33304, Fort Lauderdale, FL $1,598 $2,456 $3,500 $3,600
33301, Fort Lauderdale, FL $2,150 $2,450 $3,675 $4,600
33060, Pompano Beach, FL N/A $1,700 $2,100 $2,500
33062, Pompano Beach, FL $1,850 $2,200 $3,000 $3,000
33309, Tamarac, FL N/A $1,750 $2,200 $2,200
33311, Fort Lauderdale, FL $1,075 $1,600 $2,273 $2,375
33069, Pompano Beach, FL N/A $1,738 $2,100 $2,273

Frequently Asked Questions - Galt Mile Average Rents

What is the average rent price in Galt Mile, Fort Lauderdale, FL?
The average monthly rental price for Galt Mile, Fort Lauderdale, FL apartments for rent is approximately $3,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Galt Mile, Fort Lauderdale, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Galt Mile, Fort Lauderdale, FL.
How much is a studio apartment in Galt Mile, Fort Lauderdale, FL?
The average monthly rental price for studio apartments is $2,100 and an average price per square feet of $3.26. There are a total of 5 studio apartment listings currently available for rent in Galt Mile.
How much is a one bedroom apartment in Galt Mile, Fort Lauderdale, FL?
The average monthly rental price for one bedroom apartments is $2,500 and an average price per square feet of $2.99. There are a total of 28 one bedroom apartment listings currently available for rent in Galt Mile.
How much is a two bedroom apartment in Galt Mile, Fort Lauderdale, FL?
The average monthly rental price for two bedroom apartments is $4,500 and an average price per square feet of $3.00. There are a total of 34 two bedroom apartment listings currently available for rent in Galt Mile.
How have rent prices in Galt Mile, Fort Lauderdale, FL changed this year?
Rent prices for rentals in Galt Mile, Fort Lauderdale, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by -0.23%, two bedroom rental prices have changed by 0.05%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in Galt Mile, Fort Lauderdale, FL?
A reasonable rent price in Galt Mile, Fort Lauderdale, FL is around $2,840/month. You can search for these reasonably priced rental listings on RentHop.
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