How much does it cost to rent in Parkland, FL?

As of July 2026, the median monthly rent in Parkland, FL is $5,097. This figure is based on aggregated data from public sources and community-submitted rents.

Is Parkland cheaper than other Florida cities?

Parkland is one of the pricier cities in Florida, ranking #7 out of 288 cities tracked at $5,097/mo.

When was Parkland rent data last updated?

Parkland rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Is Parkland a renter's market or a landlord's market?

Based on RentDataNow's Rent Market Meter, Parkland is currently a renter's market. Rents are softening (up only 10.5% YoY), so renters have negotiating leverage. The meter is derived from rent-price momentum (year-over-year and month-over-month change), not inventory levels.

City Report · FL

Parkland

Name: Average Rent Prices in Parkland, FL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 37,178·7th most expensive in Florida·Parkland rents are up 10.5% over the past year

Median rent (all units)

$5,097/mo

Year-over-Year

+10.5%

Month-over-Month

-7.2%

vs US Median

+$3,132

Falling (Monthly)

Be the first to discuss Parkland rents ↓

Most AffordableMost Expensive

Parkland · $5,097

More expensive than 99% of US cities · National median $1,965/mo

Affordability

31% of income

MODERATE

0%30% benchmark60%+

At $5,097/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford

$204,000/yr

Local median income

$198,669/yr

Based on the 30%-of-income rule using Parkland's median rent and household income. See the full affordability breakdown →

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

Research median

$3,195/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$61,164/yr

At $5,097/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (up only 10.5% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+10.5% YoY, -7.2% 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

$4,580 → $5,097

up 11.3%

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 $4,580 in 2022 and currently runs about $5,097, reflecting a 11.3% 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

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View Parkland rent history (2015–2026) →

Salary vs rent

Can you afford rent in Parkland on your salary?

At $5,097/mo, how Parkland rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 69.6% income

severely rent-burdened

Elementary School Teacher

Avg $62,384/yr · Rent = 98% income

severely rent-burdened

Police Officer

Avg $71,861/yr · Rent = 85.1% income

severely rent-burdened

Software Developer

Avg $128,442/yr · Rent = 47.6% income

rent-burdened

Lawyer

Avg $164,117/yr · Rent = 37.3% income

stretched

Firefighter

Avg $58,413/yr · Rent = 104.7% income

severely rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 116% income

severely rent-burdened

Electrician

Avg $65,007/yr · Rent = 94.1% income

severely rent-burdened

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: July 20, 2026

The median rent in Parkland is $5,097/mo as of July 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 31% of local median household income ($198,669/yr), Parkland ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.5% over the past year.

FAQ

Frequently asked questions

Is Parkland an affordable city for renters?

Parkland is considered moderate for renters. At $5,097/mo, rent takes approximately 31% of the local median household income ($198,669/yr). The standard benchmark is 30%. Parkland slightly exceeds that threshold, so budgeting carefully matters here.

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 $204,000/year (~$98/hour full-time) to afford the median rent of $5,097/mo in Parkland. The local median household income is $198,669/yr, meaning the typical Parkland household falls short of that threshold.

Is rent going up or down in Parkland?

Rent in Parkland has increased 10.5% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Parkland neighborhoods have the lowest rent?

The most affordable ZIP codes in Parkland are 33067 ($2,432/mo), and 33076 ($4,116/mo). Citywide, the median rent in Parkland is $5,097/mo.

How does Parkland rent compare to other cities in Florida?

Parkland is one of the pricier cities in Florida for rent, ranking #7 out of 288 tracked cities at $5,097/mo.

Which nearby cities are cheaper to rent in than Parkland?

Several nearby cities have lower median rents than Parkland ($5,097/mo): Margate ($2,154/mo), Tamarac ($2,155/mo), North Lauderdale ($2,259/mo).

What percentage of Parkland residents rent vs. own?

According to Census data, approximately 14.9% of Parkland households are renters, while 85.1% are owner-occupied. Parkland leans toward homeownership, which can mean a smaller rental inventory.

How does Parkland rent compare to the national average?

Parkland's median rent of $5,097/mo is $3,132 (159%) above the US national median of $1,965/mo. Within Florida, it ranks #7 out of 288 tracked cities.

Income Affordability

31%

MODERATE

At $5,097/mo, rent takes ~31% of Parkland's median household income ($198,669/yr). The standard benchmark is 30%.

Parkland 31%Benchmark 30%

State income taxNone

Run the Parkland affordability calculator →

Nearby cities