$2,150 Per Month
- 2 Beds
- 1 Bath
- 850 Sq Ft
- Condo for Rent
3020 NE 16th Ave Unit 304, Oakland Park, FL 33334
3020 NE 16th Ave Unit 304, Oakland Park, FL 33334
Frequently Asked Questions
How much does it cost to rent a home in Oakland Park, FL?
The median rent for a home in Oakland Park, FL is $2,995 per month, though prices vary by neighborhood, size, and property type. As of July 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 Oakland Park, FL?
To comfortably afford the median rent in Oakland Park, FL, a household needs to earn roughly $119,800 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 $2,995 per month in Oakland Park, FL, renters typically need to show $8,985 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 Oakland Park, FL?
In Oakland Park, FL, the price-to-rent ratio is 17.3, 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 Oakland Park, FL are best for renting a home?
The best neighborhood for renting in Oakland Park, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Andrews Gardens, Central Corals, South Corals, Lauderdale Manors and Coral Ridge Isles, each with its own character and price range.
