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Rental Market Trends in Lake City, FL

What is the average rent in Lake City, FL?

$934/month

Average Rent

598 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of June 2025, the average rent in Lake City, FL is $934 per month. This is 43% lower than the national average rent of $1,627/month, making renting in Lake City more affordable than most cities in the US. When you rent an apartment in Lake City, you can expect to pay about $586 per month for a studio, $934 for a one-bedroom apartment, and around $989 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,041 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$586/month
396 Sq Ft
One Bedroom
$934/month
598 Sq Ft
Two Bedroom
$989/month
866 Sq Ft
Three Bedroom
$1,041/month
1,287 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,663/month
1,374 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lake City, FL?

In the past year, rent has increased by 2.1%, which averages out to $20 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lake City, FL
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Lake City, FL
Percentage*
Rent Range
36% Below $700/month
43% $700 - $1,000/month
21% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Lake City, FL?

Because the average rent in Lake City is $934, you’ll want to make about $3,113 per month or $37,356 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lake City, FL

29 Available Apartments for Rent

Search for Nearby Apartments

How does Lake City, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Lake City, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lake City, FL

Apartment Averages

Apartment communities in Lake City we think you'll love

Sundial Apartments

Sundial Apartments

150-221 SE Sundial Pl,
Lake City, FL 32025

1 Bed | $925 - $1,040

The Grove

The Grove

384 SW Dexter Cir,
Lake City, FL 32025

2 Beds | $1,190

Amberwood Hills

Amberwood Hills

612 SW Amberwood Loop,
Lake City, FL 32025

Studio - 2 Beds | $875 - $1,275

315 Lindale Glen

315 Lindale Glen

315 Lindale Glen,
Lake City, FL 34208

3 Beds | $2,995

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United States Florida Lake City Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity