The 10 Cheapest Fort Lauderdale, FL Neighborhoods To Live In For 2022


We used science and data to determine which neighborhoods in Fort Lauderdale are the cheapest of the cheap.

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Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.

I'd much rather pay $500/mo in rent than $1,000. And I'd rather pay $2 for coffee than $5.

And while every neighbhorhood in Fort Lauderdale might be more expensive than living in rural Florida, there are certain neighborhoods that are definitely cheaper.

So what exactly are those Fort Lauderdale neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Fort Lauderdale are the cheapest.

What's the cheapest neighborhood to live in Fort Lauderdale for 2022? According to the most recent census data, Palm-Aire Village looks to be the cheaptest Fort Lauderdale neighborhood to live in.

At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in Fort Lauderdale. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around Fort Lauderdale that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Fort Lauderdale.

Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Florida reading, check out:

The 10 Cheapest Neighborhoods To Live In Fort Lauderdale For 2022

1. Palm-Aire Village

Overall SnackAbility

/10

Population: 327
Cost Of Living Index: 96 (8th cheapest)
Home Value To Income Ratio: 1.5 (2nd cheapest)
Rent To Income Ratio: 0.0 (2nd cheapest)
More on Palm-Aire Village: Homes For Sale | Data

2. Sunset

Overall SnackAbility

7
/10

Population: 4,181
Cost Of Living Index: 96 (8th cheapest)
Home Value To Income Ratio: 2.5 (3rd cheapest)
Rent To Income Ratio: 0.01 (5th cheapest)
More on Sunset: Homes For Sale | Data

3. Lauderdale West

Overall SnackAbility

5
/10

Population: 1,065
Cost Of Living Index: 88 (2nd cheapest)
Home Value To Income Ratio: 1.4 (cheapest)
Rent To Income Ratio: 0.018 (25th cheapest)
More on Lauderdale West: Homes For Sale | Data

4. Shady Banks

Overall SnackAbility

/10

Population: 1,039
Cost Of Living Index: 111 (24th cheapest)
Home Value To Income Ratio: 3.3 (10th cheapest)
Rent To Income Ratio: 0.0 (2nd cheapest)
More on Shady Banks: Homes For Sale | Data

5. Bermuda Riviera

Overall SnackAbility

8.5
/10

Population: 1,442
Cost Of Living Index: 104 (16th cheapest)
Home Value To Income Ratio: 4.1 (23rd cheapest)
Rent To Income Ratio: 0.016 (13th cheapest)
More on Bermuda Riviera: Homes For Sale | Data

6. River Oaks

Overall SnackAbility

8
/10

Population: 3,979
Cost Of Living Index: 102 (12th cheapest)
Home Value To Income Ratio: 2.7 (6th cheapest)
Rent To Income Ratio: 0.022 (38th cheapest)
More on River Oaks: Homes For Sale | Data

7. North Golf Estates

Overall SnackAbility

8
/10

Population: 398
Cost Of Living Index: 104 (16th cheapest)
Home Value To Income Ratio: 3.5 (12th cheapest)
Rent To Income Ratio: 0.02 (30th cheapest)
More on North Golf Estates: Homes For Sale | Data

8. Lake Estates

Overall SnackAbility

8
/10

Population: 334
Cost Of Living Index: 107 (20th cheapest)
Home Value To Income Ratio: 3.5 (12th cheapest)
Rent To Income Ratio: 0.02 (30th cheapest)
More on Lake Estates: Homes For Sale | Data

9. Flamingo Park

Overall SnackAbility

8
/10

Population: 1,586
Cost Of Living Index: 106 (18th cheapest)
Home Value To Income Ratio: 2.8 (7th cheapest)
Rent To Income Ratio: 0.022 (37th cheapest)
More on Flamingo Park: Homes For Sale | Data

10. Croissant Park

Overall SnackAbility

8
/10

Population: 2,487
Cost Of Living Index: 107 (20th cheapest)
Home Value To Income Ratio: 4.1 (22nd cheapest)
Rent To Income Ratio: 0.017 (22nd cheapest)
More on Croissant Park: Homes For Sale | Data

Methodology: How We Determined The Cheapest Fort Lauderdale Hoods In 2022

In order to rank the cheapest places to live in Fort Lauderdale, we had to determine what criteria defines "cheap".

Using census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 67 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the "Cheapest City Neighborhood In Fort Lauderdale." We're lookin' at you, Palm-Aire Village.

Read on below to learn more about what it's like to live in the cheapest places Fort Lauderdale. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

Summary: Lowest Cost Places To Live In Fort Lauderdale

If you're measuring the neighborhoods in Fort Lauderdale where prices are low and it's cheap to live, this is an accurate list.

As we mentioned earlier, the neighborhoods in Fort Lauderdale aren't all cheap. Poinciana Park takes the title of the most expensive neighborhood to live in Fort Lauderdale.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Florida reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Fort Lauderdale For 2022

Rank Neighborhood Cost Of Living Index
1 Palm-Aire Village 96
2 Sunset 96
3 Lauderdale West 88
4 Shady Banks 111
5 Bermuda Riviera 104
6 River Oaks 102
7 North Golf Estates 104
8 Lake Estates 107
9 Flamingo Park 106
10 Croissant Park 107
11 Dillard Park 94
12 Home Beautiful Park 88
13 Bal Harbour 122
14 Tarpon River 114
15 Laudergate Isles 123
16 Imperial Point 116
17 Edgewood 107
18 Lake Aire Palm View 97
19 Dorsey-Riverbend 93
20 Landings 112
21 River Run 116
22 Sailboat Bend 127
23 Durrs Homeowners 89
24 Melrose Manors 101
25 Coral Shores 115
26 Boulevard Park Isles 127
27 Sunrise Intracoastal 139
28 Rio Vista 137
29 Lauderdale Manors 102
30 Poinsettia Heights 119
31 Coral Ridge Country Club 136
32 Coral Ridge Isles 121
33 Downtown 128
34 River Garden Sweeting Estate 95
35 South Middle River 102
36 Dolphin Isles 120
37 Lauderdale Beach 120
38 Coral Ridge 146
39 Riverside Park 110
40 Victoria Park 142
41 Galt Mile 140
42 Bay Colony 116
43 Bay Colony Club 116
44 Middle River Terrace 105
45 City View Townhome 103
46 Flagler Heights 116
47 Seven Isles 260
48 Central Beach Alliance 134
49 Riviera Isles 173
50 Las Olas Isles 173
51 Lake Ridge 114
52 Idlewyld 176
53 Sunrise Key 156
54 Knoll Ridge 121
55 Nurmi Isles 190
56 Harbour Inlet 151
57 Progresso Village 111
58 Hendricks And Venice Isles 191
59 Navarrea Isle 191
60 Harbor Beach 153
61 Harbour Isles 153
62 Birch Park 166
63 Colee Hammock 155
64 Beverly Heights 155
65 Lauderdale Harbours 168
66 Harbordale 131
67 Poinciana Park 126

Editor's Note: We updated this article for 2022. This is our third time ranking the cheapest neighborhoods to live in Fort Lauderdale.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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