ZIP Code · FL

ZIP 33316

Pop. 12,437·Broward County·90th most expensive ZIP in Florida
Median rent (all units)
$2,752/mo
Year-over-Year
+1.4%
Month-over-Month
-1.8%
vs US Median
+$820
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 33316 · $2,752
More expensive than 86% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,880
1 BR
$2,060
2 BR
$2,530
3 BR
$3,490
4 BR+
$4,130
Research median
$2,530/mo

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

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

May. Asking rents in ZIP 33316 usually run 0.9% below trend in May and 0.9% above it in February, about $50 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 33316 is 2.4% below its high of $2,821 in February 2026, at $2,752 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 33316 changed +1.4% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 33316 rose 47.9% while median household income rose 43.2% ($67,477 to $96,641). Rent outpaced income.

Since before the pandemic

Rent in ZIP 33316 is 50.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($96,641) is $2,416 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,060); a 2-bedroom is $2,530.

Rank in Fort Lauderdale

8th cheapest of 9 ZIP codes in Fort Lauderdale.

Cheaper nearby

ZIP 33304, 3 miles away, rents for 11% less ($2,459/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 33316. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$33,024/yr
At $2,752/mo median
Location
StateFL
CountyBroward County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 1.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+1.4% YoY, -1.8% MoM), not inventory.
Demographics

Who lives here

ZIP 33316 (Fort Lauderdale, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 55.2% of residents hold a bachelor's degree or higher.

Population
12,437
Median income
$96,641
Median age
51.2
Renters
42.6%
Age distribution
16.4%
15.8%
22.7%
17.3%
27.8%
Under 1816.4%
18–3415.8%
35–5422.7%
55–6417.3%
65+27.8%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
75.4%
15.1%
White75.4%
Black7.5%
Hispanic15.1%
Asian2.6%
Education (25+)
16.9%
24.4%
55.2%
No HS diploma3.5%
HS diploma16.9%
Some college24.4%
Bachelor's+55.2%
Housing tenure
57.4%
42.6%
Owner57.4%
Renter42.6%

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

2021 vs 2026

How ZIP 33316 in Fort Lauderdale, FL has changed in 5 years

Rent
$1,948 → $2,752
up 41.3%
Income
$82,973 → $96,641
up 16.5%
Population
11,194 → 12,437
up 11.1%
Renter share
42.9% → 42.6%
-0.3 pts
Bachelor's+
56% → 55.2%
-0.8 pts

Since 2021, the typical rent in ZIP 33316 in Fort Lauderdale, FL has increased from $1,948 to $2,752, a 41.3% change over five years. Median household income rose from $82,973 to $96,641 between 2021 and 2024, a 16.5% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 11.1% since 2021, moving from about 11,194 residents to roughly 12,437. Taken together, the five-year picture in ZIP 33316 in Fort Lauderdale, 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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Local insights

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About renting in ZIP 33316

Last updated: October 17, 2026

ZIP code 33316 covers Fort Lauderdale, FL. The median rent here is $2,752/mo as of October 2026. A 1-bedroom rents for a median of $2,060/mo. A 2-bedroom rents for a median of $2,530/mo.

At 34% of local median household income ($96,641/yr), ZIP 33316 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 33316?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (about $53/hour full-time) to afford the median rent of $2,752/mo in ZIP 33316. The local median household income is $96,641/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 33316?

Rent in ZIP 33316 has risen 1.4% over the past year as of September 2026. It sits 2.4% below its high of $2,821 in February 2026.

When is the cheapest time to rent in ZIP 33316?

Asking rents in ZIP 33316 are usually lowest in May, about 0.9% below their yearly trend, and highest in February, about 0.9% above it. At today's median that is a gap of roughly $50 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 33316?

Yes. From 2019 to 2024, rent in ZIP 33316 rose 47.9% while median household income rose 43.2%, from $67,477 to $96,641. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 33316 compare to other ZIPs in Florida?

ZIP 33316 is one of the pricier among Florida ZIP codes for rent, ranking #90 of 656 at $2,752/mo. Over the year to September 2026, rent in ZIP 33316 changed +1.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 33316 compare to the rest of Fort Lauderdale?

At $2,752/mo, ZIP 33316 is $55 above the Fort Lauderdale citywide median of $2,697/mo. It is the 8th cheapest of 9 ZIP codes in Fort Lauderdale.
Income Affordability
34%
MODERATE

At $2,752/mo, rent takes ~34% of ZIP 33316's median household income ($96,641/yr). The standard benchmark is 30%.

ZIP 33316 34%Benchmark 30%
State income taxNone
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Public schools near ZIP 33316 (Fort Lauderdale, FL)

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