$1,400 Per Month
- 1 Bed
- 1 Bath
- 748 Sq Ft
- Condo for Rent
2850 Somerset Dr Unit 105L, Lauderdale Lakes, FL 33311
2850 Somerset Dr Unit 105L, Lauderdale Lakes, FL 33311
Frequently Asked Questions
How much does it cost to rent a condo in Lauderdale Lakes, FL?
The median rent for a condo in Lauderdale Lakes, FL is $1,600 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lauderdale Lakes, FL?
To comfortably afford the median rent in Lauderdale Lakes, FL, a household needs to earn roughly $72,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,800 per month in Lauderdale Lakes, FL, renters typically need to show $5,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lauderdale Lakes, FL?
In Lauderdale Lakes, FL, the price-to-rent ratio is 5.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lauderdale Lakes, FL are best for renting a condo?
The best neighborhood for renting in Lauderdale Lakes, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Central Lauderhill, Inverrary, Palm Aire, Sunrise Golf Village East and Spring Tree, each with its own character and price range.
