Average Rent in Lake Mary, FL

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Current Versus Historical Lake Mary, FL Rents

Lake Mary rentals average $1,800 for a 2-bedroom rental to $2,850 for a 4-bedroom rental. The median price of all currently available listings is $2,600, or roughly $1 per square feet.

For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $10 (-76.00%) year-over-year from $13 to $3. 1-bedroom rentals prices have decreased by $225 (-16.39%) year-over-year from $1,370 to $1,145. 2-bedroom rentals prices have increased by $300 (18.75%) year-over-year from $1,600 to $1,900. 3-bedroom rentals prices have decreased by $45 (-1.78%) year-over-year from $2,530 to $2,485. 4-bedroom rentals prices have decreased by $115 (-3.82%) year-over-year from $3,014 to $2,899. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 11.97% this month. 3-bedroom rents have gone down by 0.37% this month. 4-bedroom rents have gone down by 4.42% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
2 BR	$1.79	$1,900	$1,600 (18.75%)	$1,269 (49.75%)
3 BR	$1.42	$2,485	$2,530 (-1.78%)	$2,446 (1.60%)
4+ BR	$1.30	$2,899	$3,014 (-3.82%)	$2,625 (10.44%)

Historical Rents in Lake Mary, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Lake Mary

There are a total of 1 cities nearby Lake Mary. The average rent in Lake Mary is currently $1,925 per month. Only one city nearby has an average rent lower than that. Our records show that Sanford, FL, with an average rent of $1,925, is the most affordable city nearby. In contrast, the most expensive city near Lake Mary, FL is Sanford, FL. Monthly rents here are on average $1,925 per month.

Let's compare Lake Mary, FL's rent against other top cities nearby by bedroom size. One bedrooms are about inf% more affordable. Two bedrooms in Lake Mary, FL are about 13.89% more expensive. Finally, rent for three bedrooms are about 19.52% more expensive. Want more information? Check out the top 1 cities near Lake Mary, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Sanford, FL	N/A	$1,225	$1,550	$1,925

Top Neighborhoods Near Lake Mary

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Lake Mary

The average rent for rentals in these counties is $1,874. That's roughly around $2 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Casselberry-Altamonte Springs, FL. It's average rent per month is $1,750. Vice versa, with an average rent of $1,997, Sanford, FL is the most expensive county by Lake Mary, FL.

In comparison, rent for one bedroom listings in Lake Mary, FL is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Lake Mary, FL is 8.54% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Casselberry-Altamonte Springs, FL	N/A	$1,293	$1,595	$1,750
Sanford, FL	N/A	$1,300	$1,698	$1,997

Top Zipcodes Near Lake Mary

There are a total of 3 zipcodes in or near Lake Mary, FL. The average rent for all of these zipcodes is $1,950. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32714, Forest City, FL at $1,569 per month. In comparison, the zipcode with the most expensive average rent of $2,100 per month is 32771, Sanford, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lake Mary, FL is $1,250 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,695 per month. Which comes out to $2 per sqft. The following chart includes the top 3 zipcodes in Lake Mary, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
32771, Sanford, FL	N/A	N/A	$1,695	$2,100
32746, Lake Mary, FL	N/A	$1,375	$1,750	$1,950
32714, Forest City, FL	N/A	$1,250	$1,550	$1,569

Frequently Asked Questions - Lake Mary Average Rents

What is the average rent price in Lake Mary, FL?

The average monthly rental price for Lake Mary, FL apartments for rent is approximately $2,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Lake Mary, FL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lake Mary, FL.

How much is a studio apartment in Lake Mary, FL?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Lake Mary.

How much is a one bedroom apartment in Lake Mary, FL?

The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Lake Mary.

How much is a two bedroom apartment in Lake Mary, FL?

The average monthly rental price for two bedroom apartments is $1,800 and an average price per square feet of $1.79. There are a total of 5 two bedroom apartment listings currently available for rent in Lake Mary.

How have rent prices in Lake Mary, FL changed this year?

Rent prices for rentals in Lake Mary, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.76%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by 0.19%, and three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in Lake Mary, FL?

A reasonable rent price in Lake Mary, FL is around $2,080/month. You can search for these reasonably priced rental listings on RentHop.