Are rents higher in Fort Lauderdale or Miami?

The median asking rent was higher in Miami: $2,700 a month in Fort Lauderdale against $3,100 in Miami, across all homes for rent.

Do homes sell faster in Fort Lauderdale or Miami?

In Miami. Homes that sold in the previous 90 days took an average of 112 days in Fort Lauderdale and 96 days in Miami.

Fort Lauderdale vs. Miami: Home Prices, Rents and Market Pace

The Short Answer

Single-family homes sold for a median of $435 per square foot in Fort Lauderdale and $415 in Miami over the previous 90 days, about 5% higher in Fort Lauderdale. Condos sold for $382 per square foot in Fort Lauderdale and $360 in Miami, about 6% higher in Fort Lauderdale. The median asking rent was $2,700 a month in Fort Lauderdale and $3,100 in Miami. Homes took an average of 112 days to sell in Fort Lauderdale and 96 in Miami.

Figures as of September 22, 2026, calculated from BeachesMLS listing and sales data.

Fort Lauderdale and Miami Side by Side

	Fort Lauderdale	Miami
Single-family sale price per sq ft (90 days)	$435	$415
Condo sale price per sq ft (90 days)	$382	$360
Median asking rent, all homes	$2,700	$3,100
Median asking rent, houses	$3,900	$3,200
Median asking rent, condos	$2,300	$3,000
Median leased rent (90 days)	$2,016	$2,700
Single-family rent per sq ft	$2.88	$2.35
Condo rent per sq ft	$2.77	$3.70
Average days to sell	112 days	96 days
Average days to lease	80 days	145 days
Months of inventory	11.5 months	13 months
Closed sales (90 days)	763	2,357
Homes for rent now	1,543	6,277
Luxury price threshold on this site	$1.5 million	$2 million

Source: BeachesMLS. Medians, not averages. Not an appraisal.

Buying: Price per Square Foot

Over the previous 90 days, single-family homes closed at a median of $435 per square foot in Fort Lauderdale and $415 in Miami, about 5% higher in Fort Lauderdale. Condos closed at $382 and $360, about 6% higher in Fort Lauderdale. Price per square foot compares the two cities on equal terms, but it is a citywide median: waterfront, new construction and older inland homes sit far apart within each city, and each city's own pages break that down.

Renting: Asking and Leased Rents

The median asking rent across all homes for rent was $2,700 a month in Fort Lauderdale and $3,100 in Miami. Houses were asking $3,900 and $3,200; condos $2,300 and $3,000. Leases that actually closed in the previous 90 days had a median of $2,016 in Fort Lauderdale and $2,700 in Miami. Asking and leased medians describe different sets of homes, so the gap between them is not a discount.

How Fast Each Market Moves

Homes that sold took an average of 112 days in Fort Lauderdale and 96 days in Miami; rentals took 80 and 145 days to lease. Fort Lauderdale had 11.5 months of inventory, which reads as a buyer's market; Miami had 13 months of inventory, which reads as a buyer's market. The rule this site uses: under four months of inventory favours sellers, over six favours buyers.

For Investors

Single-family rentals were asking $2.88 per square foot a month in Fort Lauderdale and $2.35 in Miami; condos $2.77 and $3.70. No yield is calculated from these figures, because the homes that sell and the homes that rent in a city are often different stock, and insurance, taxes at the purchase price and association rules decide an individual property's return. Nothing here is a projection or a promise of results.

How These Figures Are Calculated

Sale figures are medians of closings in the previous 90 days and rent figures are medians of active residential leases, with seasonal, weekly and one-time quotes excluded. Every city is measured at the same moment so the two columns can be compared. Miami had more closings than one request returns, so its sale figures are computed on a sample. The luxury threshold is the price this site uses for each city's luxury pages, set from that city's own prices. These are market statistics, not an appraisal of any home.

Fort Lauderdale vs. Miami: Questions

Is Fort Lauderdale or Miami more expensive?: Single-family homes sold for a median of $435 per square foot in Fort Lauderdale and $415 in Miami over the previous 90 days, about 5% higher in Fort Lauderdale. Condos sold for $382 per square foot in Fort Lauderdale and $360 in Miami, about 6% higher in Fort Lauderdale. The median asking rent was $2,700 a month in Fort Lauderdale and $3,100 in Miami. Homes took an average of 112 days to sell in Fort Lauderdale and 96 in Miami.
Is it cheaper to buy a house in Fort Lauderdale or Miami?: Per square foot, Miami was cheaper: single-family homes closed at a median of $435 per square foot in Fort Lauderdale and $415 in Miami over the previous 90 days. The neighbourhood matters more than the city, so compare the specific areas you are considering.
Are rents higher in Fort Lauderdale or Miami?: The median asking rent was higher in Miami: $2,700 a month in Fort Lauderdale against $3,100 in Miami, across all homes for rent.
Do homes sell faster in Fort Lauderdale or Miami?: In Miami. Homes that sold in the previous 90 days took an average of 112 days in Fort Lauderdale and 96 days in Miami.