Lake Mary, FL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Mary is $1,882, a 0.18% increase compared to the previous year, when the average rent was $1,879.
One-bedroom apartments provide 824 square feet for $1,636, balancing privacy and affordability.
Two-beedroom units at $1,970 offer 1,180 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,385 sq ft) for $2,332, suitable for larger households.
Average rent in Lake Mary, FL
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,882 | 1,066 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,636 | 824 sq. ft. |
| 2 Beds | $1,970 | 1,180 sq. ft. |
| 3 Beds | $2,332 | 1,385 sq. ft. |
Lake Mary, FL rent trends
Rental prices in Lake Mary, FL have increased by 0.18% over the past year. The average rent moved from $1,879 to $1,882.
What's the typical rent budget in Lake Mary, FL?
The largest share of rentals in Lake Mary, FL (59%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lake Mary, FL?
2,331 or 34% of the households in Lake Mary, FL are renter-occupied while 4,609 or 66% are owner-occupied.
How Lake Mary Compares to Other Cities
| City | Average Rent |
|---|---|
| Lake Mary | $1,882 |
| Miami | $2,698 |
| Jacksonville | $1,505 |
| Tampa | $2,003 |
| Fort Lauderdale | $2,721 |
| West Palm Beach | $2,365 |
| Kissimmee | $1,823 |
| Cape Coral | $1,758 |
| Orlando | $1,822 |
| St. Petersburg | $2,040 |
| Fort Myers | $1,791 |
| Sanford, FL | $1,691 |
| Altamonte Springs, FL | $1,633 |
| Oviedo, FL | $2,210 |
| Winter Park, FL | $1,708 |
| Casselberry, FL | $1,680 |
| Maitland, FL | $1,985 |
| Ocoee, FL | $1,999 |
| Orange City, FL | $1,756 |
| DeLand, FL | $1,515 |
| Eustis, FL | $1,346 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lake Mary apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.