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Rental Market Trends in Lakeland, FL

What is the average rent in Lakeland, FL?

$1,349/month

Average Rent

725 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

Lakeland, FL Rental Market Overview

The average rent in Lakeland, FL is $1,349 per month. This is 18% lower than the national average rent of $1,644/month, making renting in Lakeland more affordable than most cities in the US.

  • Studio apartments in Lakeland average $1,049 per month.
  • One-bedroom apartments in Lakeland average $1,349 per month.
  • Two-bedroom apartments in Lakeland average $1,576 per month.
  • Three-bedroom apartments in Lakeland average $1,855 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,049/month
544 Sq Ft
One Bedroom
$1,349/month
725 Sq Ft
Two Bedroom
$1,576/month
1,084 Sq Ft
Three Bedroom
$1,855/month
1,391 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,301/month
218 Sq Ft
Two Bedroom
$1,449/month
905 Sq Ft
Three Bedroom
$2,063/month
1,372 Sq Ft
Four Bedroom
$2,510/month
2,167 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,009/month
492 Sq Ft
Two Bedroom
$1,355/month
833 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,477/month
968 Sq Ft
Three Bedroom
$1,908/month
1,624 Sq Ft

How much has average rent changed in Lakeland, FL?

In the past year, rent has increased by 1.4%, which averages out to $19 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lakeland, FL
Last Updated June 2026
$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
33% $1,001 - $1,500/month
42% $1,501 - $2,000/month
5% 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, City of Lakeland is the most affordable neighborhood in Lakeland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
City of Lakeland
$1,488/month
724 Sq Ft

What are the most expensive neighborhoods in Lakeland?

Based on current rent prices, City of Lakeland is the most expensive neighborhood in Lakeland.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
City of Lakeland
$1,488/month
724 Sq Ft

Which Lakeland neighborhoods have the most rentals available?

The neighborhood in Lakeland with the most apartments available is City of Lakeland .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
City of Lakeland
$1,488/month
724 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 $1,349, you’ll want to make about $4,496 per month or $53,952 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

1,227 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

City of Lakeland

Lakeland, FL

City of Lakeland

Lakeland, FL

Studio
$1,065/month
$1,065/month
One Bedroom
$1,350/month
$1,350/month
Two Bedroom
$1,568/month
$1,568/month
Three Bedroom
$1,843/month
$1,843/month
Search
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Apartment communities in Lakeland we think you'll love

Aberdeen Luxury Apartments

Aberdeen Luxury Apartments

1240 Aberdeen Orchard Way,
Lakeland, FL 33809

$1,495 - $2,355 Total Monthly Price

1-3 Beds | 12 Month Lease

The Shore Luxury Apartment Homes

The Shore Luxury Apartment Homes

5680 Waterside Blvd,
Lakeland, FL 33805

$1,520 - $1,955 Total Monthly Price

1-3 Beds | 12 Month Lease

Prose Lakeside

Prose Lakeside

1320 Caprice Dr,
Lakeland, FL 33811

$1,746 - $3,451 Total Monthly Price

1-3 Beds

Town Center At Lakeside Village

Town Center At Lakeside Village

1555 Village Center Dr,
Lakeland, FL 33803

$1,489 - $2,159 Total Monthly Price

1-3 Beds

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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 June 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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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity