Cheap Apartments for Rent in the Shady Banks Neighborhood of Fort Lauderdale, FL from $400 (149 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Shady Banks area of Fort Lauderdale.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 421 W Evanston Cir

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

421 W Evanston Cir

Fort LauderdaleFL33312

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 1460 NW 2nd St

$1,750

2 Bedroom Rentals

Available Now

1460 NW 2nd St

Fort LauderdaleFL33311

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 327 SW 20th St

$1,950 - $2,950

2 To 3 Bedroom Rentals

Available Now

327 SW 20th St

Fort LauderdaleFL33315

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 3

Shady Banks, Fort Lauderdale, FL Local Guide

Cheapest Available Shady Banks Apartments for Rent

 

The cheapest available apartment rental in the Shady Banks area of Fort Lauderdale, FL is a Studio unit found at Community Acres priced from $1,200. Riverside Manor/N'ice Apartments - 889 Riverside Drive, Ft. Lauderdale, FL 33312 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here are the most affordable Shady Banks apartments for rent in Fort Lauderdale, FL:

Apartment ListingModel NameBed/BathPriced From
Community AcresThe TarponStudio,1BA$1,200
Riverside Manor/N'ice Apartments - 889 Riverside Drive, Ft. Lauderdale, FL 333121BR/1.0BA1BR,1BA$1,495
1901 SE 1st Ave1/11BR,1BA$1,500
Flow Fort Lauderdale2301BStudio,1BA$1,627

Best Value Apartments for Rent in Shady Banks, FL

As of May 19, 2026 the best value apartment in the Shady Banks area is the $1.94 price per square foot 519 NW 21st Ter Model at 519 NW 21st Ter, Unit 1 in the in the Downtown Fort Lauderdale neighborhood starting from $3,200. The second greatest value Shady Banks apartment is the Mercury Model at Solmar on Sixth starting at $3,419 with a $2.36 price per square foot in the Downtown Fort Lauderdale neighborhood. Here is today’s list of the best values for Shady Banks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
519 NW 21st Ter, Unit 1519 NW 21st Ter4BR,2BA$1.94
Solmar on SixthMercury3BR,2BA$2.36
Blu on Marina BoulevardCurrent2BR,2BA$2.25
Sun Harbour Apartments2 Bed 1.5 Bath2BR,1.5BA$1.85
Community AcresThe Dolphin2BR,1BA$2.17
The Falls At Marina BayClub Marina1BR,1.5BA$2.55
201 SE 23rd St, Unit 2201 SE 23rd St1BR,1BA$2.13
300 SW 16th Ct, Unit #2300 SW 16th Ct1BR,1BA$2.17
Riverside Manor/N'ice Apartments - 889 Riverside Drive, Ft. Lauderdale, FL 333122BR/1.0BA2BR,1BA$2.53
100 SW 9th St Ft. Lauderdale, FL 333151BR/1.0BA1BR,1BA$2.44

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Shady Banks, Fort Lauderdale, FL

Ranked #9

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Shady Banks, Fort Lauderdale, FL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States, including Fort Lauderdale. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, features that make it easier to raise kids, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Shady Banks Apartments

What is a cheap apartment in Shady Banks?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shady Banks is under $1,627.

What is the price of a cheap apartment in Shady Banks?

The cheapest apartment in Shady Banks is Community Acres which is listed at $1,450, while the average apartment in Shady Banks costs $30,516.

What types of apartments are the cheapest in Shady Banks?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 610 regular apartments in Shady Banks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Shady Banks?

Cheap apartments in Shady Banks have an average cost of $904 which is $29,612 cheaper than the average rent for all rentals in Shady Banks.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.