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

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Riverside Park

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Riverside Park

Studio
$1,400
MEDIAN RENT
1 Bedroom
$1,475
MEDIAN RENT
2 Bedroom
$1,750
MEDIAN RENT

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.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Riverside Park is $2,200.
Made withDataherald