IMT Lake Mary
962 Bentstation Ln,
Lake Mary, FL 32746
1-3 Beds | $1,505 - $2,785
Rental Market Trends in Lake Mary, FL
What is the average rent in Lake Mary, FL?
$1,594/month
Average Rent
806 Sq Ft
Average Apartment Size
-4.1%
Decrease in the Last Year
As of June 2025, the average rent in Lake Mary, FL is $1,594 per month. For comparison, the national average rent price in the US is currently $1,628/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 $1,669 per month for a studio, $1,594 for a one-bedroom apartment, and around $1,900 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,190 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 Mary, FL?
In the past year, rent has decreased by 4.1%, which averages out to $65 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 June 2025
Legend
2024
2025
Rent Ranges in Lake Mary, FL
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
7%
$1,001 - $1,500/month
79%
$1,501 - $2,000/month
14%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lake Mary?
Based on current rent prices, Egts Landing, Stratton Hill and Urity Park are the most affordable neighborhoods in Lake Mary.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lake Mary?
Based on current rent prices, Island Club, Stratton Hill and Urity Park are the most expensive neighborhoods in Lake Mary.
Neighborhood
Average Rent
Average Sq Ft
Which Lake Mary neighborhoods have the most rentals available?
The neighborhoods in Lake Mary with the most apartments available are Stratton Hill, Urity Park and Island Club .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lake Mary, FL?
Because the average rent in Lake Mary is $1,594, you’ll want to make about $5,313 per month or $63,756 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.
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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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.