Lakeland, FL Rental Market Trends
What is the average rent in Lakeland?
The average rent for an apartment in Lakeland is $1,395. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Lakeland, FL
| Average Rent | Average Apartment Size |
|---|---|
| $1,395 | 966 sq. ft. |
What is the average apartment size in Lakeland?
The average size for a Lakeland, FL apartment is 966 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.
Lakeland, FL Apartment Rent Ranges
Lakeland, FL Occupied Housing Units
17,317 or 41% of the households in Lakeland, FL are renter-occupied while 24,433 or 58% are owner-occupied.
Lakeland, FL Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Lakeland, FL | $1,020 | $1,047 | $1,094 | $1,090 | $1,089 | $1,098 | $1,140 | $1,164 | $1,253 | $1,360 | $1,395 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Lakeland, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Fountain Heights | $1,677 |
| Beacon Hill | $1,527 |
| Beacon Terrace | $1,527 |
| Camphor | $1,527 |
| Cleveland Heights | $1,527 |
| Cleveland Heights Country Club | $1,527 |
| Dixieland | $1,527 |
| Edgewood | $1,527 |
| Imperial | $1,527 |
| Lake Bentley | $1,527 |
| Lake Hollingsworth | $1,527 |
| Lake Somerset | $1,527 |
| Raintree | $1,527 |
| Southwest Lakeland | $1,527 |
| Westgate | $1,527 |
| Edgewater Beach | $1,514 |
| Granada | $1,514 |
| Jewel Avenue | $1,514 |
| Kathleen High School | $1,514 |
| Kathleen Road | $1,514 |
| Lake Parker Park | $1,514 |
| Lakeshore | $1,514 |
| Paul A Diggs | $1,514 |
| Pinehurst | $1,514 |
| Robson | $1,514 |
| Swannanoa | $1,514 |
| Tigertown | $1,514 |
| Valencia Heights | $1,514 |
| Watson | $1,514 |
| Webster Park North | $1,514 |
| Webster Park South | $1,514 |
| Lake Parker | $1,494 |
| Lake Gibson | $1,469 |
| Lakeside Village | $1,364 |
| Winston | $1,364 |
| South Lake Morton | $1,346 |
| John Cox | $1,329 |
| Evergreen Mobile Home Park | $1,286 |
| Meadow View Lake | $1,286 |
| Biltmore | $1,142 |
| Cumberland | $1,142 |
| Downtown Lakeland | $1,142 |
| East Lake Morton | $1,142 |
| Florida Southern College | $1,142 |
| Lake Bonny | $1,142 |
| Lake Bonny Park | $1,142 |
| Lake Horney | $1,142 |
| Lime Street | $1,142 |
| Little Lake Bonny | $1,142 |
| Parker Street | $1,142 |
| Shore Acres | $1,142 |
| Carillon Lakes | $1,020 |
| Lakeland Linder Regional Airport | $1,020 |
What are the most affordable neighborhoods in Lakeland?
The most affordable neighborhoods in Lakeland are Carillon Lakes, where the average rent goes for $1,020/month, Lakeland Linder Regional Airport, where renters pay $1,020/mo on average, and Biltmore, where the average rent goes for $1,142/mo. If you’re looking for other great deals, check out the listings from Cumberland ($1,142), Downtown Lakeland ($1,142), and East Lake Morton ($1,142), where the asking prices are below the average Lakeland rent of $1,395/mo.
What are the most expensive neighborhoods in Lakeland?
The most expensive neighborhoods in Lakeland are Southwest Lakeland ($1,527), Westgate ($1,527) and Fountain Heights ($1,677).
What are the most popular neighborhoods in Lakeland?
The most popular neighborhood in Lakeland is Fountain Heights, where there are 3 verified RentCafe listings with an average rent of $1,677. Next up is Lake Gibson, where apartments go for $1,469/month, followed by Lake Parker with $1,494 If you’re looking to rent in Lakeland’s most popular neighborhoods, make sure to also check out Lakeland Linder Regional Airport, where renters pay $1,020 on average, and Lakeside Village, where the average monthly rent is $1,364.
Lakeland | Rent Comparison by Neighborhood
Rent in Beacon Hill is the same as in Beacon Terrace
Beacon Hill rent is 9% higher than Lakeland average
| Average Rent | $1,527 |
|---|
Beacon Terrace rent is 9% higher than Lakeland average
| Average Rent | $1,527 |
|---|
How Lakeland Compares to Other Cities
| City | Average Rent |
|---|---|
| Jacksonville | $1,453 |
| Kissimmee | $1,700 |
| Orlando | $1,820 |
| Tampa | $1,834 |
| Miami | $2,132 |
| Cape Coral | $1,944 |
| Poinciana | $1,493 |
| St. Petersburg | $1,861 |
| Gainesville | $1,508 |
| Brandon | $1,666 |
| West Palm Beach | $2,141 |
| Fort Myers | $1,861 |
| Lakeland | $1,395 |
| Winter Haven | $1,323 |
| Clermont | $1,638 |
| Clearwater | $1,749 |
| Davenport | $1,894 |
| Wesley Chapel | $1,896 |
| Plant City CCD | $1,338 |
| Riverview | $1,874 |
| Haines City | $966 |
Most Popular Apartments in Lakeland
The Preserve At Lakeland Hills Apartments
4920 State Rd 33 N, Lakeland, FL 33805- 1 BED
- 2 BEDS
- 3 BEDS
- $1,412+
- $1,532+
- $2,015+
Village At Lake Highland
2150 Lake Highland Blvd., Lakeland, FL 33813- 1 BED
- 2 BEDS
- 3 BEDS
- $1,525+
- $1,645+
- $1,940+
WillowBrooke Apartments
1100 Oakbridge Pkwy, Lakeland, FL 33803- 1 BED
- 2 BEDS
- 3 BEDS
- $1,537+
- $1,774+
- $2,180+