Rental market snapshot for River Oaks, Fort Lauderdale
River Oaks rental market summary
The rental market in River Oaks, Florida is showing signs of growth. In July 2023, there were 32 new listings, indicating an increase in demand for rental properties in the area. The median rent in July 2023 was $2,595, which is the same as the median rent in June 2023. However, when compared to the median rent in July 2022, there has been a 15.4% increase in rent. This suggests that the rental market in River Oaks is becoming more competitive, with landlords able to charge higher prices for their properties.
Overall, the rental market in River Oaks is showing signs of growth. With an increase in new listings and a rise in median rent, it is likely that the rental market in River Oaks will continue to grow in the coming months. This could be beneficial for landlords, as they may be able to charge higher prices for their properties. However, it could also mean that tenants may have to pay more for rental properties in the area.
Median rent for all residential properties in River Oaks
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The most expensive listings and top trending buildings in River Oaks
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2362 SW 18th Ave | $3,950 | 3 / 3.5 |
1530 SW 22nd St | $2,950 | 2 / 2.0 |
952 SW 16th St | $2,850 | 3 / 2.0 |
1715 SW 21st St | $2,700 | 2 / 1.0 |
901 Mandarin Isle | $2,595 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $2,025 |
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Bedroom Breakdown in River Oaks
River Oaks neighborhood apartments rents
The rental market for studios in River Oaks, Florida appears to be relatively stable, with only one new studio listing in September 2022. The median rent for studios in September 2022 is $1,375, though it is not known what the median rent was in August 2022 or what the percent change in rent was from August to September. Overall, it appears that the rental market for studios in River Oaks is relatively stable and that there is not a significant amount of fluctuation in rent prices.
The rental market for 1-bedroom apartments in River Oaks, Florida appears to be stable, with only two new listings in May 2023 and a median rent of $2,025. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 1-bedroom apartments in River Oaks appears to be steady and stable.
The rental market for 2-bedroom apartments in River Oaks, Florida appears to be stable, with only one new listing in May 2023. The median rent for 2-bedroom apartments in May 2023 was $2,699, indicating that the rental market is not experiencing any significant changes. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in River Oaks appears to be stable.