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Rental Market Trends in Lake Mary, FL

What is the average rent in Lake Mary, FL?

$1,563/month

Average Rent

804 Sq Ft

Average Apartment Size

-1.5%

Decrease in the Last Year

As of March 2026, the average rent in Lake Mary, FL is $1,563 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Lake Mary rent prices are 4% lower than the national average. When you rent an apartment in Lake Mary, you can expect to pay about $1,555 per month for a studio, $1,563 for a one-bedroom apartment, and around $1,945 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,126 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,555/month
648 Sq Ft
One Bedroom
$1,563/month
804 Sq Ft
Two Bedroom
$1,945/month
1,140 Sq Ft
Three Bedroom
$2,126/month
1,341 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,756/month
1,110 Sq Ft
Three Bedroom
$2,290/month
1,515 Sq Ft
Four Bedroom
$3,051/month
2,345 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,319/month
701 Sq Ft
Two Bedroom
$1,630/month
1,041 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,665/month
954 Sq Ft
Three Bedroom
$2,199/month
1,668 Sq Ft
Four Bedroom
$2,640/month
1,940 Sq Ft

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

In the past year, rent has decreased by 1.5%, which averages out to $23 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lake Mary, FL
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Lake Mary, FL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
86% $1,501 - $2,000/month
14% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Lake Mary?

Based on current rent prices, Island Club and Stratton Hill" are the most affordable neighborhoods in Lake Mary.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Island Club
$1,790/month
980 Sq Ft
Stratton Hill
$2,167/month
870 Sq Ft

What are the most expensive neighborhoods in Lake Mary?

Based on current rent prices, Stratton Hill and Island Club" are the most expensive neighborhoods in Lake Mary.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Stratton Hill
$2,167/month
870 Sq Ft
Island Club
$1,790/month
980 Sq Ft

Which Lake Mary neighborhoods have the most rentals available?

The neighborhoods in Lake Mary with the most apartments available are Island Club and Stratton Hill" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Island Club
$1,790/month
980 Sq Ft
Stratton Hill
$2,167/month
870 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Lake Mary is $1,563, you’ll want to make about $5,210 per month or $62,520 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 Mary, FL

1,350 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lake Mary, 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 Mary, FL

Apartment Averages

Island Club

Lake Mary, FL

Stratton Hill

Lake Mary, FL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Heathrow Average Rent
  • Longwood Average Rent
  • Sanford Average Rent
  • Winter Springs Average Rent
  • Casselberry Average Rent
  • Altamonte Springs Average Rent
  • Fern Park Average Rent
  • Debary Average Rent

Apartment communities in Lake Mary we think you'll love

IMT Lake Mary

IMT Lake Mary

962 Bentstation Ln,
Lake Mary, FL 32746

$1,545 - $2,785

1-3 Beds

Northhaven

Northhaven

4200 Symphony cir,
Sanford, FL 32771

$1,786 - $2,916 Total Monthly Price

1-3 Beds

MAA Lake Mary

MAA Lake Mary

225 Sunlight Ln,
Lake Mary, FL 32746

$1,475 - $4,108

1-3 Beds

Allure on Parkway

Allure on Parkway

1400 Encore Pl,
Lake Mary, FL 32746

$1,439 - $5,078

1-2 Beds

Property Management Companies in Lake Mary, FL

Greystar
Greystar
  • 3,485

    Communities

  • 958,447

    Units

  • 897

    Cities

4 Communities in Lake Mary
MAA
MAA
  • 291

    Communities

  • 101,437

    Units

  • 116

    Cities

4 Communities in Lake Mary
Willow Bridge
Willow Bridge
  • 715

    Communities

  • 198,736

    Units

  • 340

    Cities

2 Communities in Lake Mary
Blackstone
Blackstone
  • 173

    Communities

  • 54,639

    Units

  • 102

    Cities

2 Communities in Lake Mary
Avenue5 Residential
Avenue5 Residential
  • 554

    Communities

  • 124,135

    Units

  • 220

    Cities

1 Community in Lake Mary
BH
BH
  • 292

    Communities

  • 85,901

    Units

  • 169

    Cities

1 Community in Lake Mary
RAM Partners
RAM Partners
  • 293

    Communities

  • 77,793

    Units

  • 169

    Cities

1 Community in Lake Mary
ZRS Management
ZRS Management
  • 346

    Communities

  • 102,973

    Units

  • 138

    Cities

1 Community in Lake Mary

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United States Florida Lake Mary 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity