Broward (Fort Lauderdale) Multifamily MarketBeat Q1 2026

Cushman & Wakefield's Q1 2026 MarketBeat report on Broward County multifamily markets documents that Q1 deliveries totaled 1,515 units with units under construction falling to approximately 6,000—the lowest since 2020—while stabilized occupancy rose 20 basis points to 93.5%, net absorption reached 856 units, and overall effective rent stood at $2,423 per unit (down 0.9% year-over-year but up 1.3% quarterly). The report notes that demand outpaced supply in 2025 for the first time in three years with Central Fort Lauderdale and Hollywood/Dania Beach accounting for 57% of Q1 market gains, though nearly 3,400 additional units scheduled to deliver by year-end are expected to pressure occupancy rates entering 2027.