Rental market snapshot for South Middle River, Fort Lauderdale

South Middle River rental market summary

The rental market in South Middle River, Florida is showing signs of stability. In July 2023, there were 126 new listings, which is a slight increase from the previous month. The median rent for the area remained the same at $2,300. This is a slight increase of 2.9% from the same time last year. This indicates that the rental market in South Middle River is staying consistent and is not seeing any major changes in rental prices.

Overall, the rental market in South Middle River is stable and shows no signs of major changes in the near future. The number of new listings is increasing slightly, and the median rent is staying consistent. This is good news for renters, as they can expect to pay the same amount for their rental in the coming months. This stability in the rental market is a positive sign for the area and indicates that the rental market is healthy and growing.

Median rent for all residential properties in South Middle River

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The most expensive listings and top trending buildings in South Middle River

Most Expensive Listings

AddressRent PriceBed / Bath
1126 NE 2nd Ave$7,5004 / 3.0
1521 NE 3rd Ave$4,5002 / 2.0
521 NW 17th St$4,2954 / 2.5
423 NW 17th St$3,7003 / 2.5
1033 NW 4th Ave$3,4954 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$1,550

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Bedroom Breakdown in South Middle River

Studio
$1,400
MEDIAN RENT
1 Bedroom
$1,550
MEDIAN RENT
2 Bedroom
$1,800
MEDIAN RENT

South Middle River neighborhood apartments rents

The rental market for studios in South Middle River, Florida appears to be relatively stable, with only one new studio listing in June 2022. The median rent for studios in June 2022 is $1,400, though the median rent for May 2022 is not available. Therefore, it is not possible to determine the percent change in rent from May 2022 to June 2022. Overall, the rental market for studios in South Middle River appears to be relatively stable.

The rental market for 1-bedroom apartments in South Middle River, Florida appears to be stable, with only one new listing in May 2023 and a median rent of $1,550. 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 South Middle River appears to be steady.

The rental market for 2-bedroom apartments in South Middle River, Florida is showing signs of growth. In May 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 20.0% from April 2023 to May 2023, from $1,500 to $1,800. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.

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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 South Middle River is $2,300.
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