Renting vs. Owning in Fort Lauderdale Florida

You’re ready to relocate to Fort Lauderdale, but you’re a little overwhelmed. After doing some research, you discovered that there are dozens of neighborhoods in Fort Lauderdale. Which one should you choose?

  • Monday, January 13, 2020

  Matt Angerer

  Roommate Finder   Florida   Community   

You’re ready to relocate to Fort Lauderdale, but you’re a little overwhelmed. After doing some research, you discovered that there are dozens of neighborhoods in Fort Lauderdale. Which one should you choose?

Selecting the right neighborhood is critical before you rent a house, condo, or townhome. Get the details on the best neighborhoods for renters and then search for your property. 

Tarpon River 

Tarpon River is only approximately a square mile in size, but this little neighborhood packs a powerful punch. It provides renters with ample activities, including parks for families. Also, its proximity to downtown means residents are always close to the action. 

Who Lives in Tarpon River?

Tarpon River has as working-class feel, but young professionals have been snatching up rentals lately. It’s also home to retirees, couples, and people who want to spend their days on the water. Ethnically and economically diverse, it’s easy to feel at home when you live in Tarpon River. 

Source: Niche.com

Renting Vs. Owning

While the majority of residents own their homes, renters make up 42 percent of the households. The median rent is above the national average, but residents are happy to pay extra to live in the neighborhood’s gorgeous townhomes and condos.  

Source: Niche.com

Crime in Tarpon River 

Crime is not much of an issue in Tarpon River. The tree-lined streets are safe and inviting, even at night. While crimes do occur, they are a rare occurrence in Tarpon River. 

 

Source: AreaVibes.com

 

Schools in Tarpon River 

The schools in Tarpon River are above average. Many parents send their kids to Croissant Park Elementary School, New River Middle School, and Stranahan High School. 

Restaurants in Tarpon River 

Do you love eating out? If so, get ready to take the culinary tour of Tarpon River. This little neighborhood is home to some delicious eateries. 

Head to the Lauderdale Marine Center to enjoy a waterfront meal at YOT Bar and Kitchen. Watch the mega yachts dock at the marina while you eat lobster rolls and other delicious food. 

 

Source: Yelp.com

You can also enjoy some fresh seafood at the Boatyard. Everything here is on point, from the views to the food. This is the perfect place to bring a date or unwind with some friends. 

Source: Yelp.com

As you can see, dining out isn’t a problem when you live here. You will find countless other restaurants when you move here, too. 

Nightlife in Tarpon River 

Tarpon River heats up when the sun goes down. If you’re looking for something to do at the end of the day, you won’t have any trouble here. 

Rooftop is the most popular nightlife spot in Tarpon River. You can enjoy craft cocktails while listening to DJs spin tunes. This bar even has a small dance floor.  

 

Source: Yelp.com

Original Fat Cat’s is also a hit with Tarpon River residents. It has a dive-bar feel, and the drinks are cheap. The staff is also friendly, and the place is normally filled with regulars. This is a perfect spot to meet some locals once you move into the neighborhood. 

Source: Yelp 

Add these two spots to the places you want to visit when you move to Tarpon River. Once you visit them, see what else the neighborhood has to offer. 

Outdoor Spaces

Tarpon River is full of green spaces for singles, couples, and families to explore. Lewis Landing Park is right on the water and has walking paths, fishing docks, and more. Tarpon Cove Park is another top spot. Bring your fishing gear with you and see if you can reel in the big one. You can also just relax in the green space at this beautiful park. 

Shopping in Tarpon River 

Most of the shops are located in the north section of this neighborhood. You can browse furniture, grab your beauty supplies, and more. 

Overall Rating

It’s no wonder so many people love to call Tarpon River home. The rent might be higher than it is in other places, but the safety, amenities, and beauty make the extra money well worth it. 

Source: Niche.com

Victoria Park

Victoria Park was established in the early 20th century, and it has a historic yet modern feel. The restored older homes rub up against new homes, townhouses, and condos. This results in a neighborhood that feels quaint yet upscale. 

Who Lives in Victoria Park?

Victoria Park prides itself on its diversity. Singles, seniors, young professionals, and families all call this place home. The residents tend to be progressive, and many LGBTQ singles and families move to the area due to the welcoming vibe. 

Source: Niche.com

Renting Vs. Owning

Victoria Park has an urban feel, with most of the residents renting instead of owning. The median rent is above the national average, but it’s still affordable for Fort Lauderdale. Rent prices are much more affordable than home ownership, with the median home value at over half a million dollars. 

Source: Niche.com

Crime in Victoria Park

While crime in Victoria Park is higher than the national average, it’s lower than the average for Fort Lauderdale as a whole. Most people feel safe walking the streets in Victoria Park. The sense of community is strong. People know their neighbors and realize the chance of experiencing violent crime is low.

 

Source: AreaVibes.com

Schools in Victoria Park

The public schools are above average in Victoria Park, making it a popular neighborhood for families. Virginia Shuman Young Elementary School has a GreatSchools rating of “8,” making it the top choice for families. 

Restaurants in Victoria Park

You don’t need to eat your meals at home when you live in Victoria Park. This historic neighborhood is home to lots of fantastic restaurants. 

Coconuts is easily the most popular restaurant in the neighborhood. Due to its popularity, you can expect to wait for a table. However, that wait is well worth it. Once you get to your table, you’ll enjoy gorgeous views and some of the best food you’ve ever eaten. Be sure to try the oysters and crab cakes when you eat here. 


 

Source: Yelp.com

Foxy Brown is another top spot, especially when it comes to brunch. If you sleep in on the weekend, head over for the best brunch you’ll ever have. You’ll meet lots of locals who have turned brunch into a weekend tradition. 

Source: Yelp.com

This is just a snapshot of the restaurants in Victoria Park. Bring your appetite when you move here. You’re going to enjoy lots of delicious food. 

Nightlife in Victoria Park

Victoria Park might be a historic neighborhood, but that doesn’t mean the action stops when the sun goes down. You will find lots of things to do when you live here. 

That includes heading to The Wilder. It looks and feels like a speakeasy, and it has some of the best drinks in Fort Lauderdale. Plus, the atmosphere is perfect for talking to your friends. If you need to unwind after a long day, this should be your first stop. 

 

Source: Yelp.com

Glitch Bar should be next on your list. This “barcade” has fun games, great drinks, and good music, too. You can easily spend hours at this cool bar. 

Source: Yelp 

These are two of your numerous options for a night on the town in Victoria Park. Get ready to have fun when the sun goes down when you live here. 

Outdoor Spaces

You’ll have access to lots of green spaces when you live in Victoria Park. 

Shopping in Victoria Park

If you love to shop, Victoria Park is perfect for you. The neighborhood is stocked to the brim with shops, so you can spend your days browsing the latest fashions, searching for home décor, and more.

Overall Rating

Source: Niche.com

Rio Vista

Rio Vista is Spanish for “river view,” and that’s what you’ll get when you live in this neighborhood. Hailed a boater’s paradise, it’s in an ideal location on the New River Intracoastal waterway. While it’s filled with expensive waterfront homes, it’s also home to countless renters. If you love the water and want ample things to do, consider moving to Rio Vista. 

Who Lives in Rio Vista?

Rio Vista is a relatively affluent area, but don’t let the expensive homes keep you away. This diverse neighborhood is home to young professionals and families with children as well as retirees. It’s easy to fall in love with this diverse neighborhood. 

Source: Niche.com

Renting Vs. Owning

With the median home value is well over a half a million dollars, many people think that living in Rio Vista is nothing but a pipe dream. However, the median rent prices are $1,440, making it possible for people of various budgets to live in the coveted neighborhood. Almost half of the residents rent their homes, and you can join them.

Source: Niche.com

Crime in Rio Vista

Rio Vista residents love the low crime rate. Property and violent crimes are rare in this quaint neighborhood, so residents feel safe during the day and night. This neighborhood isn’t just safe by Fort Lauderdale standards, either. It’s safer than many of the neighborhoods in the United States. 

Source: AreaVibes.com

Schools in Rio Vista

Parents love living in Rio Vista because of the schools. The schools are above average and include the Harbordale Elementary School and Fort Lauderdale High School. Both institutions have a GreatSchools rating of “7.”

Restaurants in Rio Vista

Like most of the neighborhoods in Fort Lauderdale, Rio Vista hits a homerun when it comes to food. You won’t have to worry about going hungry when you live here. 

Do you want to eat out but don’t want to take in too many calories? If so, you’re sure to love Toss Up Salads. You can eat your fill of salads and smoothies, and everything is delicious. It’s guilt-free eating at its best. 

 

Source: Yelp.com

Do you need a little more protein? If so, check out One Door East. This Asian-fusion restaurant has an impressive menu that you are sure to love. It’s also the perfect spot for date night. 

Source: Yelp.com

These are two of the restaurants you need to add to your list if you move to Rio Vista. Check out the entire neighborhood, so you can explore all of the area’s delicious eateries. 

Nightlife in Rio Vista

With its close proximity downtown and Las Olas, many people hop in a rideshare to go the few miles to enjoy the nightlife. The evening normally starts at the Royal Pig Pub. It has the perfect atmosphere for unwinding, and you can catch the game here, too. 

Source: Yelp.com

You can continue your evening at Vinos on Las Olas. Along with a nice selection of wine, you can enjoy beer and other drinks here. This is known as an ideal spot for date night. 

Source: Yelp 

Downtown is filled with nightlife options, so don’t stop after visiting these two spots. Check out all your options, and you’re sure to find a favorite. 

Outdoor Spaces

Many Rio Vista residents spend their days on the water, but you don’t need a boat to enjoy the great outdoors. You can also spend time at Francis L. Abreu Place. This quaint park is gorgeous and the perfect spot for reflecting. 

Shopping in Rio Vista

With its easy access to downtown, your favorite shops are just minutes away when you live in Rio Vista. You can also find some locally owned shops in the neighborhood and even browse the local art gallery.  

Overall Rating

Rio Vista is easily one of the top neighborhoods for renters in Fort Lauderdale. It receives high marks in the most important categories, including the atmosphere, restaurants, and nightlife. You are sure to love it here if you decide to move in. 

Source: Niche.com

Edgewood

Edgewood is located close to the Fort Lauderdale-Hollywood International Airport area. While some people just pass by on the way to their next destination, others realize this charming neighborhood is a perfect place to live. The tree-lined streets have a quaint feeling, and you’ll feel right at home once you move here. 

Who Lives in Edgewood?

Edgewood is a popular place for families, with 19 percent of households consisting of families with children. You don’t need kids to call this place home, though. Like Fort Lauderdale’s other most popular neighborhoods, Edgewood is diverse in every way. You will find singles, young professionals, families, retirees, and others in Edgewood. 

Source: Niche.com

Renting Vs. Owning

Most of the residents rent homes in Edgewood. The rent is just a tick above the national average, making Edgewood very affordable by Fort Lauderdale standards. If you decide to become a homeowner, eventually, you can also find affordable real estate to buy here. 

Source: Niche.com

Crime in Edgewood

While not a serious cause for concern, the crime rate in Edgewood is higher than the national and Fort Lauderdale average. Even so, most residents report feeling safe and secure when they’re out and about in Edgewood. 

Source: AreaVibes.com

 

Schools in Edgewood

The schools in Edgewood are slightly above average. Students attend various schools, including Croissant Park Elementary and Stranahan High School. 

Restaurants in Edgewood

You can easily satisfy your hunger when you live in Edgewood. The neighborhood is home to some local favorites that you will want to check out.

Lester’s Diner might not sound fancy, but it’s a top choice in Edgewood. Lester’s Diner is a classic American diner. It has all your favorite staples, and the service is always on point. 


 

Source: Yelp.com

Anthony’s Runway 84 is another top choice. You’ll feel like you’re eating at an Italian restaurant in the big city when you dine here. It’s a perfect spot for a special occasion or a date night. Of course, you can also just treat yourself to a nice meal here without a special reason. 

Source: Yelp.com

You will find other restaurants in Edgewood, as well. It has some tasty food options, so get ready to dig in. You can go on a culinary tour when you live here. 

Nightlife in Edgewood

After you finish dinner, you can enjoy a night out on the town in Edgewood. Old Heidelberg Restaurant is the perfect place to start. It might have “restaurant” in its name, but it offers more than food. It’s a great place to go for some German beer. As long as you’re there, you might as well order some strudel, too. It’s delicious. 

Source: Yelp.com

You can finish your night at Slackers Bar and Grill. Take in the game while enjoying some drinks at this bar. You’ll love the service here, and it’s a popular hangout spot for locals. After you go a few times, you’ll start remembering people’s names. 

Source: Yelp 

You can also explore other bars in the Edgewood area. With so much to do, you will love it when the sun goes down. 

Outdoor Spaces

Fort Lauderdale is known for its gorgeous outdoor spaces, and Edgewood is not an exception. Passive Park is the highlight. This multi-acre park has walking paths, 15 exercise stations, and ample trees. You can get some exercise while enjoying the scenic beauty at this part. You’ll come across lots of residents during your time at the park and might even make some new friends. Spending time at the park is a great way to get acquainted with the neighborhood and the residents. 

Shopping in Edgewood

Edgewood is full of shops that have everything you need. You can get your supplies, browse antiques, and more when you live here. With so many shops available, you won’t have to leave the neighborhood to get what you need.  

Overall Rating

Edgewood just might be Fort Lauderdale’s best-kept secret. People outside of Fort Lauderdale might not know much about it, but the residents love it. It has everything you need, no matter if you’re single or married with kids. 

Source: Niche.com

Save Money by Finding a Roommate

You are excited to move to Fort Lauderdale, but you’re a little concerned about your budget. You want to have money to go out to eat, enjoy the nightlife, shop, and more, but you have to pay rent. Even the affordable spots seem a little out of your price range, and now you’re worried.

There’s no reason to stress. Instead of handling your rental payments on your own, split them with a roommate. This is an excellent way to cut costs, so you’ll have more money to enjoy your new neighborhood.

You have to be careful when selecting a roommate, though. The wrong roommate can leave you with a headache and might even put you in a financial situation. What if your roommate skips out on rent? What if he or she damages the property? Those are some serious concerns.

Instead of wishing for the best, use VerticalRent Community to find the perfect roommate. This free tool has everything you need to find a responsible roommate.

You can use this tool to search legitimate roommate profiles based on your search criteria. You can like or dislike profiles during your search. If you find a potential roommate you like, send him or her message through the tool. If you two agree to terms, you can create and execute a rental agreement with the tool. 

You can continue using the tool after you move into your new place. Use it to pay your share of the rent online. You can also create a roommate calendar and have it send bill payment reminders. You can even use this tool to submit maintenance requests if something needs to be fixed at the property. Then, when it’s finally time to move on, you can list your room for rent.

You can even use this tool to make yourself stand out to potential roommates. You can obtain badges for your profile, so people will want to be your roommate. For instance, if your credit score is 700 or higher, you can obtain the 700 Club Badge. Vertical Rent will run a soft inquiry credit check, and if it passes, the badge will appear on your profile, so people will know you’re a financially responsible roommate. This is just one of the different badges you can get for your profile. 

Sign up for the free tool today, so you can find the perfect roommate. Then you’ll be one step closer to moving into your rental. It won’t be long before you’re living in your favorite Fort Lauderdale neighborhood with an excellent roommate who always pays the rent on time. That might sound like a dream, but you can take steps to turn it into a reality.

 

About the author

Matt Angerer is the Founder and President of VerticalRent. He enjoys writing on a variety of topics that help Landlords, Property Managers, and Renters across America. He is particularly interested in helping renters understand their local marketplace, pick the best places to live, and find an awesome roommate. Since 2011, VerticalRent has grown to service over 100,000 landlords and renters across America. 

Read more articles from Matt Angerer



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