North Lauderdale, Florida Housing Market Prices
North Lauderdale 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 4% above the Florida median$322,283
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Median rent 24% above the Florida median$2,068
Housing Market Overview
| Metric | North Lauderdale | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $322,283 | $311,338 | $248,835 |
| Price Trend (Annual %) | 12.7% | 11.2% | 7.5% |
| Median Gross Rent | $2,068 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 6.5% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in North Lauderdale is about 4% higher than in Florida. Rent is about 24% 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 North Lauderdale, up about 12.7% and 6.5% a year respectively. Home prices are changing faster.
Median rent in North Lauderdale rose about 71.3% between 2015 and 2024, from $1,207 to $2,068. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.7 yearly household incomes in North Lauderdale.
Buying the median-priced home in North Lauderdale costs roughly 13.0 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 North Lauderdale. The price-to-rent ratio in Florida is about 15.6.
| Metric | North Lauderdale | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $322,283 | $311,338 | $248,835 |
| Median Household Income | $68,117 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.7 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in North Lauderdale rose about 191.8%, while median household income rose about 38.9% 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 | North Lauderdale | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.8% | 57.7% | 58.5% |
| Rental Rate | 37.2% | 27.7% | 31.2% |
| Vacancy Rate | 5.0% | 14.6% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
North Lauderdale has a homeownership rate of 57.8%, about the same as the Florida average of 57.7%. Its housing vacancy rate is 5.0%, compared with 14.6% in Florida.
Housing Stock
| Metric | North Lauderdale | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.89 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1978 | 1988 | 1978 |
| Median Number of Rooms | 4.8 | 5.2 | 5.5 |
The typical housing unit in North Lauderdale was built around 1978. On average, 2.9 people live in a home with about 4.8 rooms, staying for about 12.0 years on average.
North Lauderdale, FL Housing Compared With Nearby Cities
North Lauderdale, FL is the 5th largest of the 6 cities compared here, 43,820 residents against a local median of 71,922. There is no headline here. Every measure below sits within 15% of the median across the nearest cities, which makes North Lauderdale, FL an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is median rent, 11% above the local median at $2,068 against $1,864. North Lauderdale, FL has the 2nd highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| North Lauderdale, FL | 43,820 | $322,283 #3/6 | $2,068 #2/6 | 60.9% #3/6 |
| Tamarac, FL | 71,922 | $291,915 | $1,886 | 75.8% |
| Margate, FL | 58,812 | $430,287 | $1,864 | 74.7% |
| Lauderdale Lakes, FL | 35,781 | $135,206 | $1,666 | 50.3% |
| Lauderhill, FL | 73,979 | $154,338 | $1,678 | 54.4% |
| Coral Springs, FL | 133,960 | $490,242 | $2,068 | 60.7% |
Frequently Asked Questions
Common questions about the housing market in North Lauderdale, Florida.
What is the median home price in North Lauderdale, Florida?
The median home price in North Lauderdale, Florida is $322,283, higher than the Florida average of $311,338.
What is the average home price in North Lauderdale, Florida?
The typical home price in North Lauderdale, Florida, reported as the median sale price, is $322,283. 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 North Lauderdale, Florida?
The median gross rent in North Lauderdale, Florida is $2,068 per month, higher than the Florida average of $1,668.
What was the median gross rent in North Lauderdale in 2020?
In 2020, the median gross rent in North Lauderdale, Florida was $1,498 per month.
What is the price-to-rent ratio in North Lauderdale, Florida?
The price-to-rent ratio in North Lauderdale, Florida is about 13.0, meaning it would take roughly 13.0 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 North Lauderdale.
Are home prices or rent rising faster in North Lauderdale, Florida?
Both home prices and rent are rising in North Lauderdale, up about 12.7% and 6.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in North Lauderdale, Florida?
57.8% of households in North Lauderdale, Florida own their home, about the same as the Florida average.
What is the vacancy rate in North Lauderdale, Florida?
The housing vacancy rate in North Lauderdale, Florida is 5.0%, lower than the Florida average of 14.6%.
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