Rental market snapshot for Sailboat Bend, Fort Lauderdale
Sailboat Bend rental market summary
The rental market in Sailboat Bend, Florida is showing signs of growth. In July 2023, there were 32 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $2,900, a 11.5% decrease from the previous month and a 23.7% decrease from the same time last year. This suggests that the rental market in Sailboat Bend is becoming more affordable for tenants.
Overall, the rental market in Sailboat Bend is becoming more attractive for tenants. With an increasing number of listings and a decrease in median rent, tenants have more options to choose from and can find more affordable housing. This could lead to an increase in demand for rental properties in the area, which could further drive down prices.
Median rent for all residential properties in Sailboat Bend
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The most expensive listings and top trending buildings in Sailboat Bend
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1524 Argyle Dr | $14,000 | 6 / 6.5 |
820 SW 2nd St | $7,900 | 3 / 2.5 |
1320 SW 4th Ct | $5,400 | 3 / 2.5 |
610 W Las Olas Blvd | $4,400 | 2 / 2.5 |
610 W Las Olas Blvd | $4,200 | 2 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $1,970 |
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Bedroom Breakdown in Sailboat Bend
Sailboat Bend neighborhood apartments rents
The rental market for studios in Sailboat Bend, Florida is showing signs of growth. In February 2023, there was only one new studio listing, but the median rent for studios increased by 36.4% from December 2022 to February 2023, from $1,100 to $1,500. This suggests that demand for studio rentals is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Sailboat Bend, Florida is showing signs of stability. In May 2023, there were two new 1-bedroom listings, and the median rent for 1-bedroom apartments remained relatively unchanged from April 2023, with a 1.5% decrease. This suggests that the rental market for 1-bedroom apartments in Sailboat Bend is stable and that renters can expect to find reasonable prices for their desired apartments.
The rental market for 2-bedroom apartments in Sailboat Bend, Florida, is relatively stable. In May 2023, there was only one new 2-bedroom listing, and the median rent for 2-bedroom apartments decreased by 8.0% from April 2023 to May 2023, from $5,979 to $5,500. This suggests that the rental market is not experiencing any significant changes in the short-term.