Cheap Apartments for Rent in the Shady Banks Neighborhood of Fort Lauderdale, FL from $400 (86 Rentals)

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

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 715 NE 6th St

715 NE 6th St

Fort LauderdaleFL33304

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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property at 1500 SW 5th Pl

1500 SW 5th Pl

Fort LauderdaleFL33312
property at 1040 SW 28th St

1040 SW 28th St

Fort LauderdaleFL33315
property at 519 SW 27th Ave

519 SW 27th Ave

Fort LauderdaleFL33312

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 1111 SW 4th St

1111 SW 4th St

Fort LauderdaleFL33312

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 1 Bed unit found at Regal Trace Apartments priced from $1,187. Community Acres has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Shady Banks apartments for rent in Fort Lauderdale, FL:

Apartment ListingModel NameBed/BathPriced From
Regal Trace Apartments1 Bedroom1BR,1BA$1,187
Community AcresThe Marlin1BR,1BA$1,500
Riverland Court Apartments1 Bed 1 Bath1BR,1BA$1,600
1041 SW 15th Ave1041-3B1BR,1BA$1,600

Best Value Apartments for Rent in Shady Banks, FL

As of July 14, 2025 the best value apartment in the Shady Banks area is the $1.08 price per square foot 642 NW 15th Ave Model at 642 NW 15th Ave, Unit 642 in the in the Downtown Fort Lauderdale neighborhood starting from $3,000. The second greatest value Shady Banks apartment is the 1733 SW 5th Ct Model at 1733 SW 5th Ct, Unit Room starting at $1,500 with a $1.03 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.
642 NW 15th Ave, Unit 642642 NW 15th Ave3BR,2BA$1.08
1733 SW 5th Ct, Unit Room1733 SW 5th Ct1BR,1BA$1.03
425 SE 23rd St, Unit 4425 SE 23rd St2BR,1BA$2.00
1416 SW 27th St, Unit 0 - Efficiency1416 SW 27th St1BR,1BA$1.74
204 NE 10th Ave, Unit C204 NE 10th Ave1BR,2BA$2.07
75 SW 10th St2BR/1.0BA2BR,1BA$2.11
1786 SW 22nd St, Unit 31786 SW 22nd St1BR,1BA$2.01
Community AcresThe Dolphin2BR,1BA$2.17
1041 SW 15th Ave1041-3A1BR,1BA$2.13
Regal Trace Apartments1 Bedroom1BR,1BA$1.83

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Shady Banks, Fort Lauderdale, FL

Ranked #13

Among neighborhoods in Fort Lauderdale, FL 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!

Getting Around the Shady Banks Neighborhood in Fort Lauderdale, FL

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,600.

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

The cheapest apartment in Shady Banks is Regal Trace Apartments which is listed at $1,187, while the average apartment in Shady Banks costs $4,055.

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 20 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 $350 which is $3,705 cheaper than the average rent for all rentals in Shady Banks.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.