Lake Worth, FL Rental Market Trends
The average rent for an apartment in Lake Worth is $1,479, a 7% increase compared to the previous year, when the average rent was $1,378.
Average Rent in Lake Worth, FL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,479||7%||1,000 sq. ft.|
The average size for a Lake Worth, FL apartment is 1,000 square feet, but this number varies greatly depending on apartment type. 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 Worth, FL Apartment Rent Ranges
- > $2,0008%
Lake Worth, FL Occupied Housing Units
- Renter-occupied Households45%
- Owner-occupied Households54%
5,799 or 45% of the households in Lake Worth, FL are renter-occupied while 6,997 or 54% are owner-occupied.
Lake Worth, FL Rent Trends
|Jul / 2016||Nov / 2016||Mar / 2017||Jul / 2017||Nov / 2017||Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Oct / 2019|
Average Rent in Lake Worth, FL By Neighborhood
|Lake Worth Corridor||$1,302|
|John Prince Park||$1,419|
|Park Ridge Golf Course||$1,637|
|Isola Bella - Valencia Shores||$1,637|
|Winston Trails Golf Course||$1,650|
|Isola Bella Isles||$1,650|
The most affordable neighborhoods in Lake Worth are Lake Worth Corridor, where the average rent goes for $1,302/month, Murry Hills, where renters pay $1,302/mo on average, and ROLOH, where the average rent goes for $1,302/mo. If you’re looking for other great deals, check out the listings from Sunset Ridge ($1,302), Tropical Ridge ($1,302), and John Prince Park ($1,419), where the asking prices are below the average Lake Worth rent of $1,479/mo.
The most expensive neighborhoods in Lake Worth are Willoughby Farms ($1,685), Atlantis ($1,721) and Floral Park ($1,721).
Lake Worth | Rent Comparison by Neighborhood
Rent in Atlantis is 5% higher than in Bellaggio
Atlantis rent is 16% higher than Lake Worth average
Bellaggio rent is 11% higher than Lake Worth average
How Does Lake Worth Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
|West Palm Beach||$1,473||3%|
|Palm Beach Gardens||$1,727||3%|
|Royal Palm Estates||$1,258||5%|
For more information about the Lake Worth rental trends, check out our monthly rent report