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modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Prime location
  • Wood flooring
  • Ample storage space
  • Custom-built cabinetry
  • Brand-new stainless steel appliances

Location

550 Sw 38th Ter #550, Fort Lauderdale, FL 33312, USA|Melrose Park

Property Overview

Featuring a prime location, this property offers wood flooring, ample storage space, and custom-built cabinetry complemented by brand-new stainless steel appliances. With extensive visual representation through 46 photos, it demonstrates excellent value, ranking in the 88.81 percentile for overall value and the 93.28 percentile for value per square foot relative to nearby listings. Additionally, convenient access to grocery stores enhances its appeal.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • More space
  • Less expensive
  • Images Available

Great for

  • Pet owners

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Rent trends in Melrose Park

3-bedroom apartments at 550 Sw 38th Ter #550 cost about 26% less than the average rent price for 3-bedroom apartments in Fort Lauderdale.

Median rents as of Mar 14 2026.
Melrose Park
Fort Lauderdale
A table of 3-bedroom apartment rental data trends in Fort Lauderdale
MonthMedian Rent
March 2024$4,000
April 2024$4,286
May 2024$4,399
June 2024$4,420
July 2024$4,250
August 2024$4,348
September 2024$4,500
October 2024$4,393
November 2024$4,130
December 2024$4,000
January 2025$4,012
February 2025$4,012
March 2025$3,672
April 2025$3,753
May 2025$3,759
June 2025$3,687
July 2025$3,879
August 2025$3,785
September 2025$3,790
October 2025$3,757
November 2025$3,701
December 2025$3,663
January 2026$3,732
February 2026$3,658
March 2026$3,825
A table of 3-bedroom apartment rental data trends in Melrose Park
MonthMedian Rent
March 2024$3,299
April 2024$3,337
May 2024$3,633
June 2024$4,320
July 2024$4,312
August 2024$3,810
September 2024$2,910
October 2024$2,563
November 2024$2,150
December 2024$2,150
January 2025$2,385
February 2025$2,745
March 2025$2,561
April 2025$3,223
May 2025$3,175
June 2025$3,137
July 2025$3,178
August 2025$2,949
September 2025$2,807
October 2025$2,636
November 2025$2,645
December 2025$2,668
January 2026$3,150
February 2026$3,414
March 2026$3,625

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 550 Sw 38th Ter, Fort Lauderdale, FL.
Last month$2,650

Schools near 550 Sw 38th Ter #550

Pine Ridge Alternative Center

1251 sw 42nd ave

fort lauderdale, FL, 33317

K-12Public

Ann Storck Center

1790 sw 43rd way

ft lauderdale, FL, 33317

PKPublic

UCP Early Beginnings

3117 sw 13th ct

ft lauderdale, FL, 33312

PKPublic

Westwood Heights Elementary School

2861 sw 9th st

fort lauderdale, FL, 33312

PK, K-5Public
C

Wingate Oaks Center

1211 nw 33rd ter

fort lauderdale, FL, 33311

PK, K-12Public
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Internet available near 550 Sw 38th Ter #550

Neighborhood

Melrose Park | Fort Lauderdale, FL

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Fort Lauderdale near 550 Sw 38th Ter #550

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 550 Sw 38th Ter #550, Fort Lauderdale

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

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