Lake Mary City, FL Rental Market Trends
Highlights
The average rent for an apartment in Lake Mary City is $1,454, a 6% increase compared to the previous year, when the average rent was $1,368.
Average Rent in Lake Mary City, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,454 | 6% | 1,059 sq. ft. |
The average size for a Lake Mary City, FL apartment is 1,059 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lake Mary City, FL Apartment Rent Ranges
- $1,001-$1,50061%
- $1,501-$2,00037%
- > $2,0002%
Lake Mary City, FL Occupied Housing Units
- Renter-occupied Households25%
- Owner-occupied Households74%
1,561 or 25% of the households in Lake Mary City, FL are renter-occupied while 4,491 or 74% are owner-occupied.
Lake Mary City, FL Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Mar / 2020 |
|---|---|---|---|---|---|---|---|---|---|
| Lake Mary City, FL | $1,234 | $1,357 | $1,352 | $1,400 | $1,400 | $1,368 | $1,356 | $1,376 | $1,454 |
| National | $1,337 | $1,369 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 |
How Lake Mary City Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,105 | 4% |
| Kissimmee | $1,381 | 5% |
| Tampa | $1,338 | 3% |
| Miami | $1,703 | 3% |
| Homestead | $1,294 | 7% |
| Orlando | $1,429 | 2% |
| Apopka | $1,288 | 2% |
| Sanford | $1,195 | 3% |
| Oviedo | $1,788 | n/a |
| Pine Hills | $1,151 | 5% |
| Lake Mary City | $1,454 | 6% |
For more information about the Lake Mary City rental trends, check out our monthly rent report
Check out Florida Cities, Florida Neighborhoods and Florida Zip Codes for more details on verified listings, including the Florida Average Rent.
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