Lauderhill, Florida Housing Market Prices
Lauderhill Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 50% below the Florida median$154,338
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Median rent 1% above the Florida median$1,678
Housing Market Overview
| Metric | Lauderhill | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $154,338 | $311,338 | $248,835 |
| Price Trend (Annual %) | 15.9% | 11.2% | 7.5% |
| Median Gross Rent | $1,678 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 6.1% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lauderhill is about 50% lower than in Florida. Rent is about 1% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Lauderhill, up about 15.9% and 6.1% a year respectively. Home prices are changing faster.
Median rent in Lauderhill rose about 67.4% between 2015 and 2024, from $1,002 to $1,678. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Lauderhill.
Buying the median-priced home in Lauderhill costs roughly 7.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lauderhill. The price-to-rent ratio in Florida is about 15.6.
| Metric | Lauderhill | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $154,338 | $311,338 | $248,835 |
| Median Household Income | $50,949 | $74,580 | $80,455 |
| Price-to-Income Ratio | 3.0 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lauderhill rose about 183.1%, while median household income rose about 26.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Lauderhill | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.4% | 57.7% | 58.5% |
| Rental Rate | 40.6% | 27.7% | 31.2% |
| Vacancy Rate | 11.0% | 14.6% | 10.2% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Lauderhill has a homeownership rate of 48.4%, lower than the Florida average of 57.7%. Its housing vacancy rate is 11.0%, compared with 14.6% in Florida.
Housing Stock
| Metric | Lauderhill | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.70 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1976 | 1988 | 1978 |
| Median Number of Rooms | 4.3 | 5.2 | 5.5 |
The typical housing unit in Lauderhill was built around 1976. On average, 2.7 people live in a home with about 4.3 rooms, staying for about 13.0 years on average.
Lauderhill, FL Housing Compared With Nearby Cities
Lauderhill, FL is the 2nd largest of the 4 cities compared here, 73,979 residents against a local median of 43,820. The measure that sets Lauderhill, FL apart most is median home price: $154,338, 46% below the local median of $286,524.
Median rent tells the same story from another angle: $1,678 against a local median of $2,068, 19% below it. The cities themselves spread $187,077 on median home price, so Lauderhill, FL sits at one end of an already wide local range rather than apart from it. Lauderhill, FL has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lauderhill, FL | 73,979 | $154,338 #3/4 | $1,678 #3/4 | 54.4% #3/4 |
| Lauderdale Lakes, FL | 35,781 | $135,206 | $1,666 | 50.3% |
| North Lauderdale, FL | 43,820 | $322,283 | $2,068 | 60.9% |
| Plantation, FL | 96,427 | $286,524 | $2,231 | 64.4% |
Frequently Asked Questions
Common questions about the housing market in Lauderhill, Florida.
What is the median home price in Lauderhill, Florida?
The median home price in Lauderhill, Florida is $154,338, lower than the Florida average of $311,338.
What is the average home price in Lauderhill, Florida?
The typical home price in Lauderhill, Florida, reported as the median sale price, is $154,338. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Lauderhill, Florida?
The median gross rent in Lauderhill, Florida is $1,678 per month, higher than the Florida average of $1,668.
What was the median gross rent in Lauderhill in 2020?
In 2020, the median gross rent in Lauderhill, Florida was $1,259 per month.
What is the price-to-rent ratio in Lauderhill, Florida?
The price-to-rent ratio in Lauderhill, Florida is about 7.7, meaning it would take roughly 7.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Lauderhill.
Are home prices or rent rising faster in Lauderhill, Florida?
Both home prices and rent are rising in Lauderhill, up about 15.9% and 6.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lauderhill, Florida?
48.4% of households in Lauderhill, Florida own their home, lower than the Florida average of 57.7%.
What is the vacancy rate in Lauderhill, Florida?
The housing vacancy rate in Lauderhill, Florida is 11.0%, lower than the Florida average of 14.6%.
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