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LoadingSomething is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. When people hear that I live in Fort Lauderdale, I can tell they think that I pay a lot in rent, which is easy to understand. From a higher-than-usual renting threshold and housing market, to ever-fluctuating utilities and maintenance costs, it's a rational assumption. According to The Sun Sentinel, rent in Fort Lauderdale and Miramar (a city south of Fort Lauderdale) are the most expensive rental markets in the area. And according to Trulia's June 2019 stats, the median rent in Fort Lauderdale for a three-bedroom house is $2,250. I, on the other hand, only pay $600 for one bedroom in a 1,300-square-foot house — including electric, water, Internet, basic cable, and maintenance. How I pay less than my neighborsIf my neighbors knew what I paid to live in the same neighborhood, they'd probably try to take my place in the fantastic living situation I'm fortunate enough to have. To give you a little context, I live in a nice non-HOA neighborhood, in a three-bedroom, two-bathroom, single-family house with a pool. I share the space with another woman who is also in her 30s. We live in an ideal part of town, where we're just one minute from I-95 (which travels along the entire Eastern coast of the United States), about 10 minutes from the famous Fort Lauderdale Beach, and 30 minutes from Miami. My landlord, who is also my roommate, pays our monthly costs:
If not for my roommate, I'd be paying a total of $2,690 each month instead of the $600 rent I owe on the first of the month. Therefore, altogether, I save $2,090 each month for rent, utilities, Internet and cable, and maintenance. Did I mention that my roommate-slash-landlord is also a very generous woman (who is also my maid of honor for my March 2020 wedding)? I've been incredibly lucky: When I first moved in with my friend, I had a low-paying job and the move was somewhat sudden. So she generously said I'd only owe her the low rent and never added it in when I started getting paid a little more. If not for her, I don't know how I would even come close to being able to pay off my credit card debt or school loans, let alone feed myself and put gas in the car! Due to how little I pay in housing costs, I am a firm believer in renting. While I plan to buy my own house in a few years, renting has been my only acceptable option for this season of my life. Not only do I get to live in a great area of Fort Lauderdale for a shockingly low cost, but I'm free to come and go when I please, which came in handy when I moved a few years ago from one good job to a great career — and met my husband-to-be in that same move. For that reason alone, I will always be an exuberant fan of renting for as long as possible.
Laura Dunn is a freelance writer and a contributor to Business Insider. When she’s not writing personal finance articles in her free time, she works full-time as the managing editor at Dockwalk, a superyacht magazine for captain and crew. Before that, she worked as a news editor at Bankrate.com, an online company with award-winning content on how to master your money and life’s financial journey. Laura writes from personal experience, as she herself is paying off credit card debt and student loans. You can read about why she’ll never pay credit card minimums again or better yet, how planning her wedding actually helped her pay off credit card debt. When not working on paying off debt, she’s spending time with her fiancé and German Shepherd, Thor. Follow her on Twitter @lauradunner. Read more Read less More... How much does it cost to rent a house in Florida for a month?Rental properties in Florida start as low as $300 to $500 per week for two bedroom homes and up to $1,700 a month for some of the larger properties. Many of the rental properties overlook beach-side or oceanfronts and are located in quiet areas.
What is the average rent in the state of Florida?Average Fair Market Rent Prices in Florida:. How much are house rentals in Florida?How much is the average rent for houses in Florida? The average rent for houses in Florida is $5,392. Point2 includes 12,453 houses for rent in Florida to choose from, with prices between $165 and $400,000 per month.
Is rent in Florida expensive?The average rent in Florida is $1,790, which is higher than the national average of $1,468. In terms of the cost of living, Florida is more expensive compared to the national average.
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