Average Rent in Lake, FL

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Current Versus Historical Lake, FL Rents

Lake rentals average $0 for a studio rental to $2,900 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have decreased by $20,050 (-91.55%) year-over-year from $21,900 to $1,850. 1-bedroom rentals prices have increased by $87 (7.80%) year-over-year from $1,113 to $1,200. 2-bedroom rentals prices have increased by $50 (3.25%) year-over-year from $1,550 to $1,600. 3-bedroom rentals prices have increased by $405 (19.33%) year-over-year from $2,095 to $2,500. 4-bedroom rentals prices have decreased by $86 (-3.23%) year-over-year from $2,658 to $2,573. 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 up by 17.52% this month. 1-bedroom rents have gone down by 0.69% this month. 2-bedroom rents have gone up by 1.59% this month. 3-bedroom rents have gone up by 6.46% this month. 4-bedroom rents have gone down by 3.19% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.99 $1,200 $1,113 (7.80%) $1,311 (-8.44%)
2 BR $1.63 $1,600 $1,550 (3.25%) $1,541 (3.85%)
3 BR $1.45 $2,500 $2,095 (19.33%) $1,667 (50.00%)
4+ BR $1.27 $2,573 $2,658 (-3.23%) $1,916 (34.24%)

Historical Rents in Lake, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lake

There are a total of 29 cities nearby Lake. The average rent in Lake is currently $2,200 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Gainesville, FL, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near Lake, FL is New Smyrna Beach, FL. Monthly rents here are on average $3,500 per month.

Let's compare Lake, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 20.26% more affordable. Two bedrooms in Lake, FL are about 0.68% more expensive. Finally, rent for three bedrooms are about 3.23% more expensive. Want more information? Check out the top 10 cities out of 29 total cities near Lake, FL in the following chart.
City Studio 1 Bed 2 Bed All
Altamonte Springs, FL N/A $1,383 $1,695 $1,615
Sanford, FL N/A $1,336 $1,682 $1,995
Orlando, FL $1,690 $1,500 $1,850 $2,108
Kissimmee, FL N/A $1,375 $1,650 $2,200
Alafaya, FL N/A $1,566 $1,991 $2,300
Four Corners, FL N/A $1,633 $1,900 $2,500
Meadow Woods, FL N/A N/A $1,848 $2,593
Winter Garden, FL N/A $1,600 $2,175 $2,900
Winter Park, FL N/A $1,800 $2,350 $2,925
Horizon West, FL N/A $1,700 $2,200 $3,100

Top Neighborhoods Near Lake

There are a total of 8 neighborhoods in or near Lake. Some of these neighborhoods include Metro West, Central Business District, and Carver City - Lincoln Gardens. We've included all of these top 8 neighborhoods in or near Lake, FL in the following chart.

The average rent for these 8 neighborhoods in or near Lake, FL is currently around $2,729 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,729. Interestingly, the neighborhoods' average rent is higher than Lake's average rent, which is only $2,500. Out of all the neighborhoods in or near Lake, Metro West has the most affordable average rent at $1,850 per month. Whereas, at $3,500 average rent per month, Lakewood Ranch is the most expensive neighborhood in or near Lake. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Metro West, Orlando, FL N/A $1,346 $1,800 $1,850
Central Business District, Orlando, FL $1,753 $1,790 $2,725 $2,248
Carver City - Lincoln Gardens, Tampa, FL $1,850 $2,138 $2,928 $2,321
Channel District, Tampa, FL $1,978 $2,591 $3,947 $2,658
Heritage Harbour, Myakka City, FL N/A N/A $2,613 $2,800
The Meadows, FL N/A $2,075 $3,300 $3,100
Lake Nona, Orlando, FL N/A $1,800 N/A $3,200
Lakewood Ranch, Myakka City, FL N/A N/A $3,250 $3,500

Top Counties Near Lake

There are a total of 8 counties located by Lake, FL. Some of these counties include Belleview, FL, Casselberry-Altamonte Springs, FL, and Orlando, FL. The average rent for rentals in these counties is $2,300. That's roughly around $1 per sqft. A total of 29 counties have a lower average rent. The county that is the most affordable is Titusville, FL. It's average rent per month is $1,625. Vice versa, with an average rent of $3,400, New Smyrna Beach, FL is the most expensive county by Lake, FL.

In comparison, rent for one bedroom listings in Lake, FL is 20.87% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake, FL is 2.70% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Belleview, FL N/A N/A $1,575 $1,800
Casselberry-Altamonte Springs, FL N/A $1,395 $1,704 $1,800
Orlando, FL $1,584 $1,450 $1,800 $2,100
Sanford, FL N/A $1,385 $1,700 $2,170
Wildwood, FL N/A N/A $2,195 $2,200
Union Park, FL N/A $1,423 $1,800 $2,300
Winter Garden-Ocoee, FL N/A $1,650 $1,762 $2,395
Apopka, FL N/A N/A $1,867 $2,425
Clermont, FL N/A N/A $2,100 $2,800
Southwest Orange, FL N/A $1,700 $2,100 $2,950

Top Zipcodes Near Lake

There are a total of 47 zipcodes in or near Lake, FL. The average rent for all of these zipcodes is $2,350. A total of 32 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32607, Gainesville, FL at $1,398 per month. In comparison, the zipcode with the most expensive average rent of $3,800 per month is 32169, New Smyrna Beach, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lake, FL is $1,400 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,850 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Lake, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
34747, Celebration, FL N/A $1,675 $1,933 $2,500
34746, Campbell, FL N/A $1,160 $1,825 $2,350
33837, Haines City, FL N/A $1,350 $1,750 $2,350
34787, Winter Garden, FL N/A $1,600 $2,175 $3,000
32835, Winter Garden-Ocoee, FL N/A $1,350 $1,800 $1,899
34759, Poinciana, FL N/A N/A $1,800 $1,900
33647, Tampa, FL N/A $1,430 $1,722 $1,995
33607, Tampa, FL $1,844 $2,138 $2,888 $2,400
32832, East Orange, FL N/A $1,775 $2,195 $3,099
32164, Bunnell, FL N/A N/A $1,550 $1,950

Frequently Asked Questions - Lake Average Rents

What is the average rent price in Lake, FL?
The average monthly rental price for Lake, FL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lake, 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 Lake, FL.
How much is a studio apartment in Lake, 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 1 studio apartment listings currently available for rent in Lake.
How much is a one bedroom apartment in Lake, FL?
The average monthly rental price for one bedroom apartments is $1,150 and an average price per square feet of $1.99. There are a total of 7 one bedroom apartment listings currently available for rent in Lake.
How much is a two bedroom apartment in Lake, FL?
The average monthly rental price for two bedroom apartments is $1,850 and an average price per square feet of $1.63. There are a total of 62 two bedroom apartment listings currently available for rent in Lake.
How have rent prices in Lake, FL changed this year?
Rent prices for rentals in Lake, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.92%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.19% year-over-year.
What is a reasonable rent price in Lake, FL?
A reasonable rent price in Lake, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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