Rental market snapshot for Riverside Park, Fort Lauderdale
Riverside Park rental market summary
The rental market in Riverside Park, Florida is showing signs of growth. In July 2023, there were 33 new listings, indicating an increase in the number of rental properties available. The median rent for the month of July 2023 was $2,200, a decrease of 8.3% from the previous month and a decrease of 15.0% from the same time last year. This suggests that rental prices in Riverside Park are becoming more affordable, making it an attractive option for renters.
Overall, the rental market in Riverside Park is looking positive. With an increasing number of listings and decreasing rental prices, it is becoming an increasingly attractive option for renters. The decrease in rental prices is likely to attract more renters to the area, further increasing demand and potentially leading to further decreases in rental prices.
Median rent for all residential properties in Riverside Park
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The most expensive listings and top trending buildings in Riverside Park
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
624 SW 16th Ave | $2,875 | 4 / 2.0 |
616 SW 16th Ave | $2,820 | 4 / 2.0 |
1445 SW 11th Pl | $2,588 | 3 / 2.5 |
1955 Riverside Dr | $2,200 | 3 / 1.0 |
721 SW 13th Ave | $2,200 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $1,475 |
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Bedroom Breakdown in Riverside Park
Riverside Park neighborhood apartments rents
The rental market for studios in Riverside Park, Florida is showing signs of improvement. In January 2023, there was only one new studio listing, but the median rent decreased by 6.7% from December 2022 to January 2023, from $1,500 to $1,400. This suggests that the market is becoming more competitive, and renters may be able to find better deals in the area.
The rental market for 1-bedroom apartments in Riverside Park, Florida is showing signs of stability. In May 2023, there were two new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 4.1% from April 2023 to May 2023, settling at $1,475. This suggests that the rental market is not experiencing any significant changes in the short-term, and that renters can expect to find reasonable prices for 1-bedroom apartments in the area.
The rental market for 2-bedroom apartments in Riverside Park, Florida, is relatively stable. In July 2023, there was only one new listing, and the median rent remained the same as it was in May 2023, at $1,750. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.