• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Champions Gate Apartments For Rent
    • Daytona Beach Apartments For Rent
    • Four Corners Apartments For Rent
    • Kissimmee Apartments For Rent
    • Melbourne Apartments For Rent
    • Ocala Apartments For Rent
    • Orlando Apartments For Rent
    • Palm Bay Apartments For Rent
    • Palm Coast Apartments For Rent
    • Reunion Apartments For Rent
  • Houses For Rent
    • Daytona Beach Houses For Rent
    • Four Corners Houses For Rent
    • Grant Houses For Rent
    • Kissimmee Houses For Rent
    • Melbourne Houses For Rent
    • Ocala Houses For Rent
    • Orlando Houses For Rent
    • Palm Bay Houses For Rent
    • Palm Coast Houses For Rent
    • Reunion Houses For Rent
  • Condos For Rent
    • Altamonte Springs Condos For Rent
    • Cape Canaveral Condos For Rent
    • Cocoa Beach Condos For Rent
    • Daytona Beach Condos For Rent
    • Four Corners Condos For Rent
    • Kissimmee Condos For Rent
    • Maitland Condos For Rent
    • Melbourne Condos For Rent
    • Orlando Condos For Rent
    • Port Canaveral Condos For Rent
  • Townhomes For Rent
    • Champions Gate Townhomes For Rent
    • Daytona Beach Townhomes For Rent
    • Four Corners Townhomes For Rent
    • Horizon West Townhomes For Rent
    • Kissimmee Townhomes For Rent
    • Meadow Woods Townhomes For Rent
    • Melbourne Townhomes For Rent
    • Ocala Townhomes For Rent
    • Orlando Townhomes For Rent
    • Reunion Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Lake Mary, FL

What is the average rent in Lake Mary, FL?

$1,598/month

Average Rent

802 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

As of December 2025, the average rent in Lake Mary, FL is $1,598 per month. For comparison, the national average rent price in the US is currently $1,632/month, which means Lake Mary rent prices are 2% lower than the national average. When you rent an apartment in Lake Mary, you can expect to pay about $1,638 per month for a studio, $1,598 for a one-bedroom apartment, and around $1,852 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,153 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,638/month
648 Sq Ft
One Bedroom
$1,598/month
802 Sq Ft
Two Bedroom
$1,852/month
1,138 Sq Ft
Three Bedroom
$2,153/month
1,346 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,670/month
1,077 Sq Ft
Three Bedroom
$2,269/month
1,528 Sq Ft
Four Bedroom
$3,160/month
2,270 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,340/month
813 Sq Ft
Two Bedroom
$1,607/month
983 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,685/month
1,054 Sq Ft
Three Bedroom
$2,153/month
1,728 Sq Ft

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

In the past year, rent has decreased by 1.3%, which averages out to $20 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lake Mary, FL
Last Updated December 2025
$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
93% $1,501 - $2,000/month
7% 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, Stratton Hill and Island Club" are the most affordable neighborhoods in Lake Mary.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Stratton Hill
$1,823/month
881 Sq Ft
Island Club
$1,824/month
980 Sq Ft

What are the most expensive neighborhoods in Lake Mary?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Island Club
$1,824/month
980 Sq Ft
Stratton Hill
$1,823/month
881 Sq Ft

Which Lake Mary neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Stratton Hill
$1,823/month
881 Sq Ft
Island Club
$1,824/month
980 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 $1,598, you’ll want to make about $5,326 per month or $63,912 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

1,526 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

Stratton Hill

Lake Mary, FL

Island Club

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

$1,699 - $2,890

1-3 Beds

Reveal Heathrow

Reveal Heathrow

740 Savory Pl,
Lake Mary, FL 32746

$1,540 - $5,129

1-3 Beds

Pebble Creek Apartments At Lake Mary

Pebble Creek Apartments At Lake Mary

780 Creekwater Ter,
Lake Mary, FL 32746

$1,670 - $2,910

1-2 Beds

Property Management Companies in Lake Mary, FL

Greystar
Greystar
  • 3,450

    Communities

  • 951,424

    Units

  • 875

    Cities

4 Communities in Lake Mary
MAA
MAA
  • 289

    Communities

  • 100,642

    Units

  • 115

    Cities

4 Communities in Lake Mary
Willow Bridge
Willow Bridge
  • 718

    Communities

  • 198,764

    Units

  • 340

    Cities

2 Communities in Lake Mary
ZRS Management
ZRS Management
  • 344

    Communities

  • 102,278

    Units

  • 136

    Cities

2 Communities in Lake Mary
Avenue5 Residential
Avenue5 Residential
  • 539

    Communities

  • 119,522

    Units

  • 215

    Cities

1 Community in Lake Mary
Pretium Partners, LLC
Pretium Partners, LLC
  • 305

    Communities

  • 87,651

    Units

  • 177

    Cities

1 Community in Lake Mary
RAM Partners
RAM Partners
  • 286

    Communities

  • 76,171

    Units

  • 167

    Cities

1 Community in Lake Mary
Bell Partners
Bell Partners
  • 227

    Communities

  • 73,397

    Units

  • 119

    Cities

1 Community in Lake Mary

Learn More with Helpful Articles

When Is the Best Time to Move?

The pros and cons of moving during each season.

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
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 November 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity