Average Rent in 34786, Lake Butler, FL

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Current Versus Historical 34786, Lake Butler, FL Rents

34786 rentals average $2,100 for a 2-bedroom rental to $5,525 for a 4-bedroom rental. The median price of all currently available listings is $3,050, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,250 to $1,250. 1-bedroom rentals prices have decreased by $530 (-28.19%) year-over-year from $1,880 to $1,350. 2-bedroom rentals prices have decreased by $146 (-6.21%) year-over-year from $2,346 to $2,200. 3-bedroom rentals prices have increased by $127 (4.69%) year-over-year from $2,698 to $2,825. 4-bedroom rentals prices have increased by $1,860 (50.75%) year-over-year from $3,665 to $5,525. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 0.81% this month. 3-bedroom rents have gone up by 3.10% this month. 4-bedroom rents have gone up by 32.10% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.72 $2,200 $2,346 (-6.21%) $1,909 (15.25%)
3 BR $1.68 $2,825 $2,698 (4.69%) $2,096 (34.81%)
4+ BR $1.77 $5,525 $3,665 (50.75%) $2,798 (97.44%)

Historical Rents in 34786, Lake Butler, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 34786

There are a total of 2 cities nearby 34786. The average rent in 34786 is currently $2,950 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Winter Garden, FL, with an average rent of $2,900, is the most affordable city nearby. In contrast, the most expensive city near 34786, Lake Butler, FL is Horizon West, FL. Monthly rents here are on average $3,000 per month.

Let's compare 34786, Lake Butler, FL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in 34786, Lake Butler, FL are about 2.38% more affordable. Finally, rent for three bedrooms are about 0.23% more expensive. Want more information? Check out the top 2 cities near 34786, Lake Butler, FL in the following chart.
City Studio 1 Bed 2 Bed All
Winter Garden, FL N/A N/A $2,100 $2,900
Horizon West, FL N/A $1,700 $2,200 $3,000

Top Neighborhoods Near 34786

There are a total of 1 neighborhoods in or near 34786. We've included all of these top 1 neighborhoods in or near 34786, Lake Butler, FL in the following chart.

The average rent for these 1 neighborhoods in or near 34786, Lake Butler, FL is currently around $1,850 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near 34786, Metro West has the most affordable average rent at $1,850 per month. Whereas, at $1,850 average rent per month, Metro West is the most expensive neighborhood in or near 34786. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Metro West, Orlando, FL N/A $1,325 $1,800 $1,850

Top Counties Near 34786

There are a total of 1 counties located by 34786, Lake Butler, FL. The average rent for rentals in these counties is $2,650. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Winter Garden-Ocoee, FL. It's average rent per month is $2,400. Vice versa, with an average rent of $2,900, Southwest Orange, FL is the most expensive county by 34786, Lake Butler, FL.

In comparison, rent for one bedroom listings in 34786, Lake Butler, FL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 34786, Lake Butler, FL is 7.73% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Winter Garden-Ocoee, FL N/A $1,650 $1,762 $2,400
Southwest Orange, FL N/A $1,700 $2,114 $2,900

Top Zipcodes Near 34786

There are a total of 6 zipcodes in or near 34786, Lake Butler, FL. The average rent for all of these zipcodes is $2,075. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32811, Orlando, FL at $1,650 per month. In comparison, the zipcode with the most expensive average rent of $3,000 per month is 34787, Winter Garden, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 34786, Lake Butler, FL is $1,544 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,825 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in 34786, Lake Butler, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
34787, Winter Garden, FL N/A $1,650 $2,100 $3,000
32835, Winter Garden-Ocoee, FL N/A $1,350 $1,800 $1,900
32819, Doctor Phillips, FL N/A $1,850 $2,226 $2,293
32811, Orlando, FL N/A $1,300 $1,670 $1,650
32837, Williamsburg, FL N/A $1,550 $1,850 $2,250
32810, Lockhart, FL N/A $1,538 $1,789 $1,720

Frequently Asked Questions - 34786 Average Rents

What is the average rent price in 34786, Lake Butler, FL?
The average monthly rental price for 34786, Lake Butler, FL apartments for rent is approximately $3,050. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 34786, Lake Butler, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 34786, Lake Butler, FL.
How much is a studio apartment in 34786, Lake Butler, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 34786.
How much is a one bedroom apartment in 34786, Lake Butler, FL?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in 34786.
How much is a two bedroom apartment in 34786, Lake Butler, FL?
The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $1.72. There are a total of 4 two bedroom apartment listings currently available for rent in 34786.
How have rent prices in 34786, Lake Butler, FL changed this year?
Rent prices for rentals in 34786, Lake Butler, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.28%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in 34786, Lake Butler, FL?
A reasonable rent price in 34786, Lake Butler, FL is around $2,440/month. You can search for these reasonably priced rental listings on RentHop.
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