Florida's Growing Downtowns
November 14, 2023
Fort Lauderdale has the fastest growing downtown in Florida according to a new study by RentCafe.
By The Numbers: Fort Lauderdale vs Other Top Florida Downtowns
Downtown Fort Lauderdale outperformed every major urban center in Florida based on the number of new apartments units completed over the last 5 years.
Comparison to In-Demand Cities
Downtown Fort Lauderdale ranked 14th in the country for most apartments built since 2018, outpacing the most populous Zip Codes in downtowns such as:
Downtown Miami: 17th
Downtown Denver: 23rd
Downtown Houston: 24th
Downtown Tampa: 31st
Downtown Orlando: 49th
With a 63% increase in the DowntownFTL population since 2018 and residential density now exceeding some of the most in-demand cities in the Sun Belt, Fort Lauderdale is on the rise.
The full RentCafe study is available at: https://www.rentcafe.com/blog/rental-market/top-zip-codes-apartment-construction/