Apartments for Rent in Lake Mary, FL

Prices and availability in Lake Mary, FL were last updated on 23 Oct 2026.

The best apartments in Lake Mary, FL are: Ballantrae Apartments, Allure on Parkway, MAA Town Park, Reveal Heathrow and MAA Heathrow.

The average rent in Lake Mary, FL is $1,839.

The price range for a 1-bedroom apartment in Lake Mary, FL is between $1,357 and $3,393.

The price range for a 2-bedroom apartment in Lake Mary, FL is between $1,429 and $5,379.

The price range for a 3-bedroom apartment in Lake Mary, FL is between $1,497 and $5,379.

In Lake Mary, 37% of the residents are renting compared to 63% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 33% of Lake Mary's rentals, 55% are small-scale complexes with under 50 units, and 12% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lake Mary are about 23 years old, on average. Of these, 56% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 94% of the rental communities here are low-rise, garden-style communities, 6% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Lake Mary come in a range of sizes and floorplans. Studio apartments represent 0.3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 39% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Lake Mary. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.