What is the average apartment size in Downtown Lakeland, Lakeland, FL?

The average size for a Downtown Lakeland, Lakeland, FL apartment is 917 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.

What is the average rent in Downtown Lakeland?

As of Sep / 2025, the average rent in Downtown Lakeland is $1,936 per month, a 0.81% increase from last year’s average of $1,921.

What is the average apartment size in Downtown Lakeland?

The typical apartment in Downtown Lakeland offers about 917 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Downtown Lakeland, Lakeland, FL Rental Market Trends

Q: What's the typical rent budget in Downtown Lakeland?

The typical rent budget in Downtown Lakeland ranges from $1,501 to $2,000 per month, with 52% of rentals in this range.

Q: Do most people rent or own in Downtown Lakeland?

In Downtown Lakeland, 45% of households rent while 55% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Lakeland is $1,936, a 0.81% increase compared to the previous year, when the average rent was $1,921.

One-bedroom apartments provide 693 square feet for $1,711, balancing privacy and affordability.

Two-beedroom units at $2,121 offer 1,107 square feet, perfect for roommates or small families.

Average rent in Downtown Lakeland, Lakeland, FL

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,936	917 sq. ft.
Studio	n/a	n/a
1 Bed	$1,711	693 sq. ft.
2 Beds	$2,121	1,107 sq. ft.
3 Beds	n/a	n/a

Downtown Lakeland, Lakeland, FL rent trends

Rental prices in Downtown Lakeland, Lakeland, FL have increased by 0.81% over the past year. The average rent moved from $1,921 to $1,936.

What's the typical rent budget in Downtown Lakeland, Lakeland, FL?

The largest share of rentals in Downtown Lakeland, Lakeland, FL (52%) 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 Downtown Lakeland, Lakeland, FL?

191 or 45% of the households in Downtown Lakeland, Lakeland, FL are renter-occupied while 235 or 55% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Downtown Lakeland?

Webster Park North $1,158/month

Little Lake Bonny $1,164/month

Edgewood $1,427/month

All of these neighborhoods fall below the city wide average of $1,525/month.

Most expensive neighborhoods in Downtown Lakeland?

Lake Somerset $1,643/month

Lakeside Village $1,652/month

Downtown Lakeland $1,936/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Lakeland, FL By Neighborhood

Neighborhood	Average Rent
Downtown Lakeland	$1,936
Lakeside Village	$1,652
Lake Somerset	$1,643
Lake Parker	$1,580
Parker Street	$1,514
Lake Gibson	$1,512
Meadow View Lake	$1,479
Raintree	$1,444
Robson	$1,436
Edgewood	$1,427
Little Lake Bonny	$1,164
Webster Park North	$1,158

Lakeland | Rent Comparison by Neighborhood

Rent in Downtown Lakeland is 36% higher than in Edgewood

$1,936

Downtown Lakeland rent is the same as Lakeland average

Average Rent $1,936

$1,427

Edgewood rent is 26% lower than Lakeland average

Average Rent $1,427

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 Downtown Lakeland 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.