The Shore Luxury Apartment Homes
5680 Waterside Blvd,
Lakeland, FL 33805
1-3 Beds | $1,520 - $2,290
Rental Market Trends in Lakeland, FL
What is the average rent in Lakeland, FL?
$1,299/month
Average Rent
720 Sq Ft
Average Apartment Size
-1%
Decrease in the Last Year
As of June 2025, the average rent in Lakeland, FL is $1,299 per month. This is 20% lower than the national average rent of $1,628/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 $975 per month for a studio, $1,299 for a one-bedroom apartment, and around $1,556 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,864 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 Lakeland, FL?
In the past year, rent has decreased by 1%, which averages out to $13 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 Lakeland, FL
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
5%
Below $700/month
15%
$700 - $1,000/month
32%
$1,001 - $1,500/month
46%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lakeland?
Based on current rent prices, Glenwood Park, Fairway Lakes and Shores Estates are the most affordable neighborhoods in Lakeland.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lakeland?
Based on current rent prices, Munn Park Historic District, Country Village and City of Lakeland are the most expensive neighborhoods in Lakeland.
Neighborhood
Average Rent
Average 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 Hampton Hills South .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lakeland, FL?
Because the average rent in Lakeland is $1,299, you’ll want to make about $4,330 per month or $51,960 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 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.
Studio
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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.