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Fort Lauderdale city, FL

ZIP 33316 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 33316

Median Home Value
$793,500
Median Rent
$1,930
Affordability Snapshot
$218,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,097/mo PITI).

26%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

34.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 33316 in Fort Lauderdale city, FL, a household would need roughly $218,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,097. That is about 144% above the local median household income ($89,200), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 31% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
53.9%-18% vs US avg
x
Vacancy Rate
31.0%+201% vs US avg
x
Broadband Access
93.3%+7% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
1.6%-87% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
30.7%-38% vs US avg
x
Mortgage-Free
42.1%+10% vs US avg
x
$793,500
Home Value
$1,930
Rent
1976
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached17.6%
  • 1-unit attached3.3%
  • 2-9 units19.1%
  • 10+ units60.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$793,500
Median rent$1,930
Owner-occupied53.9%
Vacant31.0%
Price-to-income8.9x
Est. income to buy$218,000