Apartments for Rent in Galt Mile, Fort Lauderdale, FL

Galt Mile, Fort Lauderdale apartment availability

Galt Mile's rental market offers a very strong selection of listings, with an average of 165 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer popular amenities such as swimming pools, outdoor spaces, and in-unit laundry. In fact, 75% of Galt Mile apartments have a swimming pool, while 51% have outdoor spaces and 66% have in-unit laundry. With its range of amenities and variety of apartment types, Galt Mile is a great option for renters looking for a convenient and comfortable place to live in Fort Lauderdale.

Galt Mile, Fort Lauderdale rental market trends

The Galt Mile in Fort Lauderdale experienced a decline in average monthly rent by about 8% last year, settling at approximately $3,796. Broken down by bed count, 1-bedrooms averaged $2,875 per month, a 4% decrease from the previous year. In contrast, 2-bedrooms saw a slight increase of 0.3%, reaching an average of $4,508. The average rent for 3-bedrooms dropped by 16.6% to $6,623, while studios rose by 6% to $2,247.

In terms of seasonal fluctuations, January typically sees the highest rent prices, with a 12.5% increase compared to May, the month with the lowest rent. This suggests that renters may find better deals during the spring months. However, it's essential to consider the overall demand and available inventory when searching for an apartment in the Galt Mile area.

Why Galt Mile, Fort Lauderdale is a great place to live

Galt Mile in Fort Lauderdale is a haven for those prioritizing fitness and wellness, as well as a vibrant social life. With an array of amenities supporting an active lifestyle, such as onsite pool and spa facilities, gym equipment, and fitness centers, residents can effortlessly maintain their physical well-being. The emphasis on natural lighting, soundproofing, and low VOC materials further contributes to a healthy living environment. Additionally, the neighborhood's social scene thrives due to its well-designed street infrastructure, frequent transit options, safety, and diverse age distribution. Shared community spaces also foster connections among residents, making Galt Mile an ideal choice for those seeking a dynamic, community-oriented lifestyle.