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Rental Market Trends in Lake Mary, FL

What is the average rent in Lake Mary, FL?

$1,567/month

Average Rent

804 Sq Ft

Average Apartment Size

-1.2%

Decrease in the Last Year

As of April 2026, the average rent in Lake Mary, FL is $1,567 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Lake Mary rent prices are 5% lower than the national average. When you rent an apartment in Lake Mary, you can expect to pay about $1,533 per month for a studio, $1,567 for a one-bedroom apartment, and around $1,949 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,169 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,533/month
648 Sq Ft
One Bedroom
$1,567/month
804 Sq Ft
Two Bedroom
$1,949/month
1,140 Sq Ft
Three Bedroom
$2,169/month
1,341 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,619/month
1,071 Sq Ft
Three Bedroom
$2,360/month
1,592 Sq Ft
Four Bedroom
$3,273/month
2,419 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,334/month
662 Sq Ft
Two Bedroom
$1,655/month
954 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,632/month
1,003 Sq Ft
Three Bedroom
$2,222/month
1,464 Sq Ft
Four Bedroom
$2,948/month
2,155 Sq Ft

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

In the past year, rent has decreased by 1.2%, which averages out to $19 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lake Mary, FL
Last Updated April 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
93% $1,501 - $2,000/month
7% Above $2,000/month

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

Because the average rent in Lake Mary is $1,567, you’ll want to make about $5,223 per month or $62,676 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

1,258 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

Nearby City Rent Trends

  • Heathrow Average Rent
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  • 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 - $2,825 Total Monthly Price

1-3 Beds

Northhaven

Northhaven

4200 Symphony cir,
Sanford, FL 32771

$1,827 - $2,917 Total Monthly Price

1-3 Beds

NOVEL Parkway by Crescent Communities

NOVEL Parkway by Crescent Communities

1464 Laurel Sound Ln,
Sanford, FL 32771

$1,722 - $3,705

1-3 Beds

Allure on Parkway

Allure on Parkway

1400 Encore Pl,
Lake Mary, FL 32746

$1,526 - $2,470 Total Monthly Price

1-2 Beds

Property Management Companies in Lake Mary, FL

Greystar
Greystar
  • 3,486

    Communities

  • 959,009

    Units

  • 891

    Cities

4 Communities in Lake Mary
MAA
MAA
  • 293

    Communities

  • 101,891

    Units

  • 116

    Cities

4 Communities in Lake Mary
Willow Bridge
Willow Bridge
  • 716

    Communities

  • 197,852

    Units

  • 340

    Cities

2 Communities in Lake Mary
Blackstone
Blackstone
  • 218

    Communities

  • 71,086

    Units

  • 121

    Cities

2 Communities in Lake Mary
Avenue5 Residential
Avenue5 Residential
  • 581

    Communities

  • 129,613

    Units

  • 224

    Cities

1 Community in Lake Mary
RAM Partners
RAM Partners
  • 296

    Communities

  • 78,616

    Units

  • 170

    Cities

1 Community in Lake Mary
BH
BH
  • 273

    Communities

  • 84,137

    Units

  • 157

    Cities

1 Community in Lake Mary
ZRS Management
ZRS Management
  • 364

    Communities

  • 108,800

    Units

  • 141

    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.

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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity