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Rental Market Trends in Lakeland, FL

What is the average rent in Lakeland, FL?

$1,333/month

Average Rent

720 Sq Ft

Average Apartment Size

+0.3%

Increase in the Last Year

As of November 2025, the average rent in Lakeland, FL is $1,333 per month. This is 18% lower than the national average rent of $1,630/month, making renting in Lakeland more affordable than most cities in the US. When you rent an apartment in Lakeland, you can expect to pay about $993 per month for a studio, $1,333 for a one-bedroom apartment, and around $1,553 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,856 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$993/month
517 Sq Ft
One Bedroom
$1,333/month
720 Sq Ft
Two Bedroom
$1,553/month
1,083 Sq Ft
Three Bedroom
$1,856/month
1,393 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,099/month
299 Sq Ft
Two Bedroom
$1,709/month
895 Sq Ft
Three Bedroom
$1,978/month
1,302 Sq Ft
Four Bedroom
$2,543/month
2,230 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,075/month
504 Sq Ft
Two Bedroom
$1,441/month
795 Sq Ft
Three Bedroom
$1,857/month
1,347 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,495/month
1,034 Sq Ft
Three Bedroom
$1,851/month
1,479 Sq Ft

How much has average rent changed in Lakeland, FL?

In the past year, rent has increased by 0.3%, which averages out to $5 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lakeland, FL
Last Updated November 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Lakeland, FL
Percentage*
Rent Range
5% Below $700/month
15% $700 - $1,000/month
36% $1,001 - $1,500/month
41% $1,501 - $2,000/month
4% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Lakeland?

Based on current rent prices, Shores Estates, City of Lakeland and Palmore Estates are the most affordable neighborhoods in Lakeland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Shores Estates
$1,406/month
775 Sq Ft
City of Lakeland
$1,496/month
732 Sq Ft
Palmore Estates
$1,541/month
786 Sq Ft
Villages at Bridgewater
$1,572/month
991 Sq Ft
Fairway Lakes
$1,603/month
855 Sq Ft
Country Village
$1,619/month
830 Sq Ft
Munn Park Historic District
$1,697/month
731 Sq Ft

What are the most expensive neighborhoods in Lakeland?

Based on current rent prices, Munn Park Historic District, Country Village and Fairway Lakes are the most expensive neighborhoods in Lakeland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Munn Park Historic District
$1,697/month
731 Sq Ft
Country Village
$1,619/month
830 Sq Ft
Fairway Lakes
$1,603/month
855 Sq Ft
Villages at Bridgewater
$1,572/month
991 Sq Ft
Palmore Estates
$1,541/month
786 Sq Ft
City of Lakeland
$1,496/month
732 Sq Ft
Shores Estates
$1,406/month
775 Sq Ft

Which Lakeland neighborhoods have the most rentals available?

The neighborhoods in Lakeland with the most apartments available are City of Lakeland, Munn Park Historic District and Shores Estates .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
City of Lakeland
$1,496/month
732 Sq Ft
Munn Park Historic District
$1,697/month
731 Sq Ft
Shores Estates
$1,406/month
775 Sq Ft
Country Village
$1,619/month
830 Sq Ft
Villages at Bridgewater
$1,572/month
991 Sq Ft
Palmore Estates
$1,541/month
786 Sq Ft
Fairway Lakes
$1,603/month
855 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Lakeland is $1,333, you’ll want to make about $4,443 per month or $53,316 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

Lakeland, FL

1,341 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lakeland, 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 Lakeland, FL

Apartment Averages

Shores Estates

Lakeland, FL

Munn Park Historic District

Lakeland, FL

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
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Search
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Nearby City Rent Trends

  • Auburndale Average Rent
  • Mulberry Average Rent
  • Plant City Average Rent

Apartment communities in Lakeland we think you'll love

The Shore Luxury Apartment Homes

The Shore Luxury Apartment Homes

5680 Waterside Blvd,
Lakeland, FL 33805

$1,520 - $2,290

1-3 Beds

Prose Lakeside

Prose Lakeside

1320 Caprice Dr,
Lakeland, FL 33811

$1,499 - $3,599

1-3 Beds

Town Center At Lakeside Village

Town Center At Lakeside Village

1555 Village Center Dr,
Lakeland, FL 33803

$1,473 - $1,962

1-3 Beds

Carlton Arms of South Lakeland

Carlton Arms of South Lakeland

1000 Carlton Arms Dr,
Lakeland, FL 33811

$851 - $1,554

Studio - 2 Beds

Property Management Companies in Lakeland, FL

Greystar
Greystar
  • 3,445

    Communities

  • 950,552

    Units

  • 873

    Cities

3 Communities in Lakeland
BH
BH
  • 310

    Communities

  • 88,504

    Units

  • 179

    Cities

3 Communities in Lakeland
Blue Roc Premier
Blue Roc Premier
  • 31

    Communities

  • 7,749

    Units

  • 14

    Cities

3 Communities in Lakeland
Bryten Real Estate Partners
Bryten Real Estate Partners
  • 116

    Communities

  • 28,094

    Units

  • 68

    Cities

2 Communities in Lakeland
Mahaffey Company
Mahaffey Company
  • 13

    Communities

  • 9,661

    Units

  • 11

    Cities

2 Communities in Lakeland
Insula Companies
Insula Companies
  • 11

    Communities

  • 1,588

    Units

  • 6

    Cities

2 Communities in Lakeland
Cushman & Wakefield
Cushman & Wakefield
  • 507

    Communities

  • 117,817

    Units

  • 254

    Cities

1 Community in Lakeland
Morgan Properties
Morgan Properties
  • 377

    Communities

  • 103,134

    Units

  • 229

    Cities

1 Community in Lakeland

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United States Florida Lakeland 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.

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