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Rental Market Trends in Lake City, FL

Updated July 2026

The average rent in Lake City, FL is $956/month.

Rent in Lake City is 43% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$956/month

Average Rent

596 Sq Ft

Average Size

+0.6%

Change / Year

39

Available Apartments

Lake City rent varies by unit size and layout:

  • Studio apartments in Lake City average $610 per month.
  • One-bedroom apartments in Lake City average $956 per month.
  • Two-bedroom apartments in Lake City average $1,048 per month.
  • Three-bedroom apartments in Lake City average $1,301 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$610/month
393 Sq Ft
One Bedroom
$956/month
596 Sq Ft
Two Bedroom
$1,048/month
863 Sq Ft
Three Bedroom
$1,301/month
1,287 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,323/month
634 Sq Ft
Three Bedroom
$1,869/month
997 Sq Ft
View Lake City Apartments

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

In the past year, rent has increased by 0.6%, which averages out to $7 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lake City, FL

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Lake City, FL
Percentage*
Rent Range
27% Below $700/month
47% $700 - $1,000/month
27% $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 $956, you’ll want to make about $3,186 per month or $38,232 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

39 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.

View the Lake City Area Guide

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 | $955 - $1,075

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 | $925 - $1,275

171 SW Erin Glen

171 SW Erin Glen

171 SW Erin Glen,
Lake City, FL 32024

3 Beds | $2,075

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Frequently Asked Questions

What is the average rent in Lake City?

The average rent in Lake City is $956 per month, which is 42.5% lower than the national average of $1,663.

What is the average rent for a house in Lake City?

The average rent for a house in Lake City, FL is $1,869 per month.

Are rents going up or down in Lake City?

Rents in Lake City, FL are increasing, with prices up 0.6% year-over-year and $7 more per month.

What rent range is most common in Lake City?

In Lake City, FL, 47% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity