Rental market trends in Lakeland, FL
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Average Apartment Cost in Lakeland, FL
Apartment Rent Ranges in Lakeland, FL
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 4% | 29% | 42% | 24% |
Neighborhood Apartment Rent Trends in Lakeland, FL
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Downtown Lakeland | $1,681 | +4% |
| Winston | $1,649 | -- |
| Parker Street | $1,627 | -8% |
| Oakbridge | $1,591 | -- |
| East Lake Morton | $1,461 | -8% |
| Edgewood | $1,293 | -9% |
| South Lake Morton Historic District | $1,200 | -- |
| Dixieland | $1,150 | -- |
| South Crystal Lake | $1,107 | -- |
| Cleveland Heights | $1,050 | -- |
| Southwest Lakeland | $1,000 | -- |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| East Lake Morton | $2,199 | -- |
| Downtown Lakeland | $2,070 | +6% |
| Parker Street | $2,038 | -2% |
| Southwest Lakeland | $1,870 | -- |
| Oakbridge | $1,800 | -- |
| Lake Hollingsworth | $1,600 | +23% |
| Edgewood | $1,598 | +1% |
| Winston | $1,525 | +9% |
| South Crystal Lake | $1,400 | -- |
| Lake Bentley | $1,395 | -- |
| Cleveland Heights | $1,350 | -- |
| Dixieland | $1,200 | -25% |
How Other Cities Compare to Lakeland, FL
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Saint Petersburg | $1,987 | -4% |
| Tampa | $1,854 | +4% |
| Champions Gate | $1,807 | -- |
| Pinellas Park | $1,730 | -- |
| Riverview | $1,724 | -8% |
| Orlando | $1,702 | +2% |
| Wesley Chapel | $1,550 | -7% |
| Brooksville | $1,383 | +6% |
| Temple Terrace | $1,349 | -15% |
| Davenport | $1,295 | -- |
| Kissimmee | $1,236 | +6% |
| Winter Garden | $1,100 | -- |
| Clermont | $1,000 | -- |
| Lutz | $977 | +5% |
| Winter Haven | $947 | +2% |
| Brandon | $860 | 0% |
| New Port Richey | $818 | -- |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Tampa | $1,997 | +21% |
| Pinellas Park | $1,988 | +40% |
| Riverview | $1,889 | -2% |
| Celebration | $1,865 | -- |
| Champions Gate | $1,856 | -- |
| Winter Garden | $1,852 | 0% |
| Orlando | $1,788 | +2% |
| Saint Petersburg | $1,788 | -12% |
| Wesley Chapel | $1,683 | -2% |
| Clermont | $1,679 | 0% |
| Davenport | $1,662 | -5% |
| Kissimmee | $1,602 | 0% |
| Brandon | $1,522 | -6% |
| Temple Terrace | $1,512 | 0% |
| Ocoee | $1,508 | -21% |
| Brooksville | $1,383 | -2% |
| Lutz | $1,364 | +4% |
| Plant City | $1,349 | -4% |
| Zephyrhills | $1,300 | -- |
| Spring Hill | $1,300 | +12% |
| New Port Richey | $1,222 | -17% |
| Winter Haven | $1,135 | +3% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Celebration | $2,473 | -- |
| Winter Garden | $2,342 | +4% |
| Tampa | $2,284 | +19% |
| Saint Petersburg | $2,267 | -17% |
| Orlando | $2,212 | +6% |
| Riverview | $2,124 | -6% |
| Ocoee | $2,016 | -13% |
| Kissimmee | $2,008 | +1% |
| Clermont | $2,005 | +4% |
| Wesley Chapel | $1,988 | -8% |
| Davenport | $1,981 | -3% |
| Champions Gate | $1,968 | -- |
| Brandon | $1,828 | -1% |
| Pinellas Park | $1,774 | +3% |
| Lutz | $1,664 | -3% |
| Plant City | $1,652 | -5% |
| Temple Terrace | $1,585 | -6% |
| Spring Hill | $1,575 | -1% |
| Brooksville | $1,533 | -9% |
| New Port Richey | $1,481 | -17% |
| Winter Haven | $1,432 | 0% |
| Zephyrhills | $1,395 | +33% |
Lakeland, FL Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 |
| $834 | $834 | $834 | $834 | $834 | $867 | $867 | $867 | $867 | $867 | $867 | $867 | $867 |
| $1161 | $1161 | $1161 | $1161 | $1161 | $1198 | $1198 | $1198 | $1198 | $1198 | $1198 | $1198 | $1198 |
| $1454 | $1454 | $1454 | $1454 | $1454 | $1493 | $1464 | $1468 | $1464 | $1464 | $1490 | $1497 | $1508 |
| $1760 | $1760 | $1760 | $1760 | $1760 | $1838 | $1821 | $1821 | $1821 | $1821 | $1821 | $1821 | $1811 |
Neighborhood Information for Lakeland, FL
What are the most affordable neighborhoods in Lakeland, FL?
The most affordable neighborhoods in Lakeland are Southwest Lakeland, where the average 1-bedroom apartment rent goes for $1,000, Cleveland Heights, where renters pay $1,050 on average for a 1-bedroom apartment, and South Crystal Lake, where the average 1-bedroom apartment rent goes for $1,107. If you're looking for other great deals, check out the listings in Dixieland ($1,150 for a 1-bedroom apartment) or South Lake Morton Historic District ($1,200 for a 1-bedroom apartment), compared to the $1,198 average for an Lakeland 1-bedroom apartment.
What are the most expensive neighborhoods in Lakeland, FL?
The most expensive neighborhoods in Lakeland are Downtown Lakeland, where the average rent for a 1-bedroom apartment is just $1,681. offering similar apartments at an average of Winston, $1,649, and Parker Street, $1,627. For additional value-for-money options, consider Oakbridge ($1,591 for a 1-bedroom apartment) or East Lake Morton ($1,461 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Lakeland average for a 1-bedroom apartment, which stands at $1,198.
What are the most popular neighborhoods in Lakeland, FL?
The most popular neighborhoods in Lakeland are South Lake Morton Historic District, where the average 1-bedroom apartment rent goes for $1,200, Oakbridge, where renters pay $1,591 on average for a 1-bedroom apartment, and Cleveland Heights, where the average 1-bedroom apartment rent goes for $1,050. If you're looking for other popular neighborhoods, check out the listings in East Lake Morton ($1,461 for a 1-bedroom apartment) or Parker Street ($1,627 for a 1-bedroom apartment), compared to the $1,198 average for an Lakeland 1-bedroom apartment.
