Average Rent in Lakeland, FL

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Current Versus Historical Lakeland, FL Rents

Lakeland rentals average $1,225 for a 1-bedroom rental to $2,499 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $11,059 (-99.90%) year-over-year from $11,070 to $11. 1-bedroom rentals prices have increased by $256 (25.41%) year-over-year from $1,007 to $1,263. 2-bedroom rentals prices have increased by $137 (9.67%) year-over-year from $1,413 to $1,550. 3-bedroom rentals prices have increased by $40 (2.16%) year-over-year from $1,860 to $1,900. 4-bedroom rentals prices have increased by $127 (5.62%) year-over-year from $2,258 to $2,385. 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 98.69% this month. 1-bedroom rents have gone up by 3.63% this month. 2-bedroom rents have gone up by 8.14% this month. 3-bedroom rents have gone up by 0.93% this month. 4-bedroom rents have gone down by 0.59% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.81 $1,263 $1,007 (25.41%) $788 (60.32%)
2 BR $1.64 $1,550 $1,413 (9.67%) $1,108 (39.95%)
3 BR $1.23 $1,900 $1,860 (2.16%) $1,582 (20.08%)
4+ BR $1.01 $2,385 $2,258 (5.62%) $1,900 (25.54%)

Historical Rents in Lakeland, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lakeland

There are a total of 2 cities nearby Lakeland. The average rent in Lakeland is currently $2,310 per month. Our records show that Winter Haven, FL, with an average rent of $2,150, is the most affordable city nearby. In contrast, the most expensive city near Lakeland, FL is Four Corners, FL. Monthly rents here are on average $2,470 per month.

Let's compare Lakeland, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 11.84% more affordable. Two bedrooms in Lakeland, FL are about 14.58% more affordable. Finally, rent for three bedrooms are about 13.03% more affordable. Want more information? Check out the top 2 cities near Lakeland, FL in the following chart.
City Studio 1 Bed 2 Bed All
Winter Haven, FL N/A $1,025 $1,480 $2,150
Four Corners, FL N/A $1,715 $1,958 $2,470

Top Neighborhoods Near Lakeland

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

The average rent for these 1 neighborhoods in or near Lakeland, FL is currently around $2,100 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Lakeland's average rent, which is only $1,800. Out of all the neighborhoods in or near Lakeland, Highlands Reserve has the most affordable average rent at $2,100 per month. Whereas, at $2,100 average rent per month, Highlands Reserve is the most expensive neighborhood in or near Lakeland. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Highlands Reserve, Haines City, FL $950 $1,050 $1,750 $2,100

Top Counties Near Lakeland

There are a total of 1 counties located by Lakeland, FL. Some of these counties include Lakeland, FL, Winter Haven-Auburndale, FL, and Brandon, FL. The average rent for rentals in these counties is $1,998. That's roughly around $1 per sqft. The county that is the most affordable is Lakeland, FL. It's average rent per month is $1,850. Vice versa, with an average rent of $2,495, Wimauma-Riverview, FL is the most expensive county by Lakeland, FL.

In comparison, rent for one bedroom listings in Lakeland, FL is 4.18% more expensive than other counties nearby. Finally, rent for two bedrooms in Lakeland, FL is 11.67% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Lakeland, FL N/A $1,150 $1,525 $1,850
Winter Haven-Auburndale, FL $430 $1,050 $1,447 $1,943
Brandon, FL N/A $1,548 $1,763 $1,995
Zephyrhills, FL N/A $950 $1,650 $2,000
Haines City, FL $950 $1,198 $1,700 $2,250
Wimauma-Riverview, FL N/A $1,747 $1,925 $2,495

Top Zipcodes Near Lakeland

There are a total of 2 zipcodes in or near Lakeland, FL. The average rent for all of these zipcodes is $2,225.

The following chart includes the top 2 zipcodes in Lakeland, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33897, Haines City, FL $950 $1,050 $1,750 $2,300
33884, Winter Haven-Auburndale, FL N/A $1,100 $1,498 $2,150

Frequently Asked Questions - Lakeland Average Rents

What is the average rent price in Lakeland, FL?
The average monthly rental price for Lakeland, FL apartments for rent is approximately $1,800. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lakeland, 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 Lakeland, FL.
How much is a studio apartment in Lakeland, 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 Lakeland.
How much is a one bedroom apartment in Lakeland, FL?
The average monthly rental price for one bedroom apartments is $1,225 and an average price per square feet of $1.81. There are a total of 5 one bedroom apartment listings currently available for rent in Lakeland.
How much is a two bedroom apartment in Lakeland, FL?
The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $1.64. There are a total of 21 two bedroom apartment listings currently available for rent in Lakeland.
How have rent prices in Lakeland, FL changed this year?
Rent prices for rentals in Lakeland, FL can fluctuate yearly. Specifically, studio rental prices have changed by -1.00%, one bedroom rental prices have changed by 0.25%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in Lakeland, FL?
A reasonable rent price in Lakeland, FL is around $1,440/month. You can search for these reasonably priced rental listings on RentHop.
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