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Renters Face Rising Prices In Most South Florida Cities. But Not Everywhere

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David Santiago
/
El Nuevo Herald

If rents for November are any indication, people with an apartment search in mind could be facing rising prices in a majority of South Florida’s large cities.

But rents are cooling in several marquee markets such as Fort Lauderdale and Miami, a national survey shows.

A 37-city survey conducted by RentCafe showed rents for November declined a half percent in Fort Lauderdale to an average of $1,968, with Miami easing by 0.7% to $1,696. But in West Palm Beach, where out-of-town businesses are trolling for locations, and apartment projects are under way, rentals are up by 4.1% to $1,528 on average.

Read more at our news partner the South Florida Sun Sentinel.