City Report · FL

Parkland

Pop. 37,178·8th most expensive in Florida·One of the pricier rental markets in the US
Median rent (all units)
$5,258/mo
Year-over-Year
+4.5%
Month-over-Month
+0.8%
vs US Median
+$3,326
Reported rents
Rising (Monthly)
Be the first to discuss Parkland rents ↓
Most AffordableMost Expensive
Parkland · $5,258
More expensive than 99% of US cities · National median $1,932/mo
Rent Reality Score
45/100
Fairly priced
OverheatedFairGreat value

Rents are 2% above what Parkland's 10-year trend predicts — running hotter than its own history.

Actual rent
$5,258/mo
Expected by trend
$5,136/mo
The Rent Reality Score compares today's median rent to where Parkland's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$2,365
1 BR
$2,580
2 BR
$3,195
3 BR
$4,410
4 BR+
$5,365
Fair Market Rent (HUD)
$3,195/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $5,258 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

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Parkland is at its highest level since Zillow's records here began in February 2022.

Past year vs. the rest of Florida

Rent in Parkland changed +4.5% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($198,669) is $4,967 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($4,410); a 4-bedroom is $5,365.

Cheaper nearby

Coral Springs, 4 miles away, rents for 57% less ($2,263/mo), about $35,900 a year in savings.

From Zillow's monthly rent index (ZORI) for Parkland. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$63,096/yr
At $5,258/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.5% YoY, +0.8% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Parkland, FL is majority owner-occupied, has a large share of families with children, has a median income above the national average, 71% of residents hold a bachelor's degree or higher.

Population
37,178
Median income
$198,669
Median age
37.9
Renters
14.9%
Age distribution
30.3%
15.6%
28.3%
12.7%
13%
Under 1830.3%
18–3415.6%
35–5428.3%
55–6412.7%
65+13%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
57.7%
13.5%
16.5%
White57.7%
Black13.5%
Hispanic16.5%
Asian7.2%
Other5.1%
Education (25+)
12.9%
14.8%
71%
No HS diploma1.2%
HS diploma12.9%
Some college14.8%
Bachelor's+71%
Housing tenure
85.1%
14.9%
Owner85.1%
Renter14.9%

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

2022 vs 2026

How Parkland, FL has changed in 5 years

Rent
$4,560 → $5,258
up 15.3%
Income
$174,295 → $198,669
up 14.0%
Population
33,772 → 37,178
up 10.1%
Renter share
13.6% → 14.9%
+1.3 pts
Bachelor's+
66.7% → 71%
+4.3 pts
Median age
39.4 → 37.9
-1.5 yrs

The median rent in Parkland, FL stood at $4,560 in 2022 and currently runs about $5,258, reflecting a 15.3% increase over the period. Household income in the area moved from $174,295 to $198,669 across the same window, up 14.0% versus 2021. The population has grown by 10.1% since 2021, moving from about 33,772 residents to roughly 37,178. College-educated residents now make up 71% of adults here, versus 66.7% in 2021. Reading these numbers side by side helps frame whether current listings in Parkland, FL look reasonable against where the market sat half a decade ago.

Community

Discussions about Parkland

No discussions yet. Start the conversation.

View Parkland rent history (2015–2026) →
Salary vs rent

Can you afford rent in Parkland on your salary?

At $5,258/mo, how Parkland rent compares to typical pay (30% rule).

By apartment size

Parkland rent by bedroom count

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

Local insights

Tips for renters in Parkland

About renting in Parkland, FL

Last updated: October 17, 2026

The median rent in Parkland is $5,258/mo as of October 2026. A studio apartment averages $2,365/mo while a 2-bedroom runs $3,195/mo. One-bedroom apartments average $2,580/mo and 3-bedroom units go for $4,410/mo.

At 32% of local median household income ($198,669/yr), Parkland ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Parkland?

To keep rent at or below 30% of gross income, you would need to earn at least $210,000/year (about $101/hour full-time) to afford the median rent of $5,258/mo in Parkland. The local median household income is $198,669/yr, so the typical household falls short of that bar.

Is rent going up or down in Parkland?

Rent in Parkland has risen 4.5% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2022.

Which Parkland neighborhoods have the lowest rent?

The most affordable ZIP codes in Parkland are 33067 ($2,326/mo), and 33076 ($4,436/mo). Citywide, the median rent is $5,258/mo.

How does Parkland rent compare to other cities in Florida?

Parkland is one of the pricier among Florida cities for rent, ranking #8 of 289 tracked cities at $5,258/mo. Over the year to September 2026, rent in Parkland changed +4.5%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Parkland?

Nearby cities with lower median rent than Parkland ($5,258/mo) include Margate ($2,047/mo), Tamarac ($2,121/mo), and North Lauderdale ($2,248/mo).
Income Affordability
32%
MODERATE

At $5,258/mo, rent takes ~32% of Parkland's median household income ($198,669/yr). The standard benchmark is 30%.

Parkland 32%Benchmark 30%
State income taxNone
Run the Parkland affordability calculator →
Lowest-rent ZIP codes in Parkland
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Parkland, FL

Recent submissions

Be the first to submit your rent for Parkland.

Recent discussions

No discussions yet.