States › Florida › Oakland Park

Is Oakland Park, FL expensive to live in?

ExpensiveRent takes 32 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,07418% higher than U.S. average
💵 Families earn per year (2026)$78,416about $6,535/month · 10% lower than U.S. average
🔑 House price$385,00016% higher than U.S. average

Rent is higher than in 72% of U.S. cities. A typical house costs about 4.9 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $82,960 a year. That is $40 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 283 of 479 cities from cheapest to most expensive.

Oakland Park
$2,074
North Fort Myers
$1,955
Greenacres
$2,365
Cutler Bay
$2,578
North Lauderdale
$2,399
Ormond Beach
$1,916
Lakewood Ranch
$2,568

How much do households earn in Oakland Park?

Under $25k
10.6%
$25k–50k
24.6%
$50k–100k
37.6%
$100k–150k
14.1%
$150k+
8.8%

Share of households by yearly income. 22.9% of households earn $100,000 or more.

Rent by apartment size in Oakland Park

SizeOakland ParkU.S. average
Studio$1,573$1,338
1 bedroom$1,605$1,324
2 bedrooms$1,933$1,509
3 bedrooms$2,680$1,698
4 bedrooms$2,093$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Oakland Park overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Oakland Park, so the Florida figure is shown.

Taxes and bills in Oakland Park

🏛️ Property tax$2,930a year · 0.76% of home value · U.S. $3,119
⚡ Electric bill$156a month (typical) · U.S. $156

Life in Oakland Park

Commute to work25.5 minU.S.: 26.4 min
College degree27.8%U.S.: 35.7%
Own their home58.3%U.S.: 65.2%
Below poverty line12.1%U.S.: 12.5%
Unemployment5.8%U.S.: 5.2%

Is it cheaper to rent or buy in Oakland Park?

Renting is cheaper right now: about $597 a month less.

Renting
$2,074
Owning
$2,671

Owning assumes a typical $385,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,500 for the down payment.

Frequently asked questions

What is the average rent in Oakland Park, FL?

Renting in Oakland Park costs a median of about $2,074 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Oakland Park?

To keep rent under 30% of income, you need about $82,960 a year, or $40 an hour at a full-time job.

Is Oakland Park cheap or expensive?

Oakland Park is rated Expensive: rent takes 31.7% of the typical household income of $78,416. It ranks 283rd cheapest of 479 Florida cities we track.

How much are property taxes in Oakland Park?

The median homeowner in Oakland Park pays $2,930 a year in property taxes, about 0.76% of the median home value.

Is Oakland Park more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Oakland Park?

The median home value in Oakland Park is $385,000, about 4.9 times the typical yearly household income.

44,682 people live in Oakland Park. Numbers are typical (middle) values.