City Report · FL

Oakland Park

Pop. 44,682·138th most expensive in Florida·Rental market data updated monthly for Oakland Park, FL
Median rent (all units)
$2,163/mo
Year-over-Year
-0.8%
Month-over-Month
-0.9%
vs US Median
+$201
Falling (Monthly)
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Most AffordableMost Expensive
Oakland Park · $2,163
More expensive than 67% of US cities · National median $1,962/mo
Rent Reality Score
78/100
Good value
OverheatedFairGreat value

Rents are 14% below what Oakland Park's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,163/mo
Expected by trend
$2,511/mo
The Rent Reality Score compares today's median rent to where Oakland Park's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,660
1 BR
$1,810
2 BR
$2,240
3 BR
$3,095
4 BR+
$3,760
Fair Market Rent (HUD)
$2,240/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,163 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$25,956/yr
At $2,163/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-0.8% YoY, -0.9% MoM), not inventory.
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Demographics

Who lives here

Oakland Park, FL is majority owner-occupied, 27.8% of residents hold a bachelor's degree or higher.

Population
44,682
Median income
$72,708
Median age
38.1
Renters
41.7%
Age distribution
20.3%
25.1%
27.1%
13.8%
13.7%
Under 1820.3%
18–3425.1%
35–5427.1%
55–6413.8%
65+13.7%
Gender
52.7%
47.3%
Male52.7%
Female47.3%
Race & ethnicity
36.2%
27.1%
33.1%
White36.2%
Black27.1%
Hispanic33.1%
Asian3.1%
Other0.5%
Education (25+)
30.2%
30.7%
27.8%
No HS diploma11.3%
HS diploma30.2%
Some college30.7%
Bachelor's+27.8%
Housing tenure
58.3%
41.7%
Owner58.3%
Renter41.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Oakland Park, FL has changed in 5 years

Rent
$1,576 → $2,163
up 37.2%
Income
$55,700 → $72,708
up 30.5%
Population
44,092 → 44,682
up 1.3%
Renter share
44% → 41.7%
-2.3 pts
Bachelor's+
30% → 27.8%
-2.2 pts
Median age
39.7 → 38.1
-1.6 yrs

Compared with 2021, rent in Oakland Park, FL has increased by $587 per month, settling near $2,163 after starting the period at $1,576. Median household income grew from $55,700 to $72,708 between 2021 and 2024, a 30.5% shift. Rent outpaced income growth by roughly 6.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 44,092 to 44,682 between 2021 and 2024, a 1.3% change. About 41.7% of households rent today, against 44% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 30% to 27.8%. Taken together, the five-year picture in Oakland Park, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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View Oakland Park rent history (2015–2026) →
Salary vs rent

Can you afford rent in Oakland Park on your salary?

At $2,163/mo, how Oakland Park rent compares to typical pay (30% rule).

By apartment size

Oakland Park rent by bedroom count

Median rent for each apartment size in Oakland Park. Click any size for full breakdown.

Local insights

Tips for renters in Oakland Park

About renting in Oakland Park, FL

Last updated: August 17, 2026

The median rent in Oakland Park is $2,163/mo as of August 2026. A studio apartment averages $1,660/mo while a 2-bedroom runs $2,240/mo. One-bedroom apartments average $1,810/mo and 3-bedroom units go for $3,095/mo.

At 36% of local median household income ($72,708/yr), Oakland Park ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.8% over the past year.

FAQ

Frequently asked questions

Is Oakland Park an affordable city for renters?

Oakland Park is considered moderate for renters. At $2,163/mo, rent takes approximately 36% of the local median household income ($72,708/yr). The standard benchmark is 30%. Oakland Park slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Oakland Park?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,163/mo in Oakland Park. The local median household income is $72,708/yr, meaning the typical Oakland Park household falls short of that threshold.

Is rent going up or down in Oakland Park?

Rent in Oakland Park has decreased 0.8% over the past year as of August 2026, offering some relief compared to 12 months ago.

Which Oakland Park neighborhoods have the lowest rent?

The most affordable ZIP codes in Oakland Park are 33334 ($2,172/mo), and 33309 ($2,260/mo). Citywide, the median rent in Oakland Park is $2,163/mo.

How does Oakland Park rent compare to other cities in Florida?

Oakland Park is middle-of-the-pack for Florida for rent, ranking #138 out of 291 tracked cities at $2,163/mo.

Which nearby cities are cheaper to rent in than Oakland Park?

Several nearby cities have lower median rents than Oakland Park ($2,163/mo): Lauderdale Lakes ($2,043/mo), Wilton Manors ($2,131/mo).

What percentage of Oakland Park residents rent vs. own?

According to Census data, approximately 41.7% of Oakland Park households are renters, while 58.3% are owner-occupied. Oakland Park leans toward homeownership, which can mean a smaller rental inventory.

How does Oakland Park rent compare to the national average?

Oakland Park's median rent of $2,163/mo is $201 (10%) above the US national median of $1,962/mo. Within Florida, it ranks #138 out of 291 tracked cities.
Income Affordability
36%
MODERATE

At $2,163/mo, rent takes ~36% of Oakland Park's median household income ($72,708/yr). The standard benchmark is 30%.

Oakland Park 36%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oakland Park, FL

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