Rental market snapshot for Lake Mary, Florida

Lake Mary, Florida Rental Property Market Overview

Lake Mary, Florida is a vibrant city located in Seminole County with a population of 16,616 as of 2021, according to the US Census. It is known for its beautiful lakes, parks, and trails, as well as its thriving business district. The city is home to a variety of shops, restaurants, and entertainment venues, making it a great place to live and work. Lake Mary is also home to several top-rated schools and is a great place to raise a family.

The average rent for an apartment in Lake Mary is $2,309. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Lake Mary Florida | Cost of Living

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Lake Mary ZIP codes with the highest, most expensive rent

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Live near Lake Mary, Florida's Top Sights and Attractions

Greenwood Lakes Park is a beautiful outdoor space located in Lake Mary, Florida. It features a large lake with a boardwalk, a playground, and a picnic area. There are also several walking trails that wind through the park, allowing visitors to take in the natural beauty of the area. The park also has a fishing pier, a boat launch, and a dock for kayaks and canoes. In addition, there are several pavilions and gazebos for visitors to enjoy.

Markham Woods is a beautiful nature preserve located in Lake Mary, Florida. It is home to a variety of wildlife, including deer, birds, and other animals. The preserve is filled with lush vegetation, including pine trees, cypress trees, and palm trees. There are also several trails that wind through the woods, allowing visitors to explore the area and take in the natural beauty. Additionally, there is a boardwalk that overlooks a lake, providing stunning views of the surrounding area.

Trailhead Park At Rinehart Trail is a beautiful outdoor attraction located in Central Florida. It features a scenic walking trail that winds through a lush forest, with plenty of opportunities to spot local wildlife. The park also has a playground, picnic area, and a fishing dock, making it a great spot for families to spend the day. There are also plenty of benches and tables scattered throughout the park, perfect for a peaceful lunch or snack.

Trailblazer Park is a beautiful outdoor recreation area located in Central Florida. It features a variety of activities for visitors to enjoy, including a large playground, a walking trail, a fishing dock, and a picnic area. The park also has a large pond, which is home to many species of wildlife, including ducks, turtles, and fish. The park is a great place to spend the day with family and friends, and is a popular spot for outdoor activities such as biking, jogging, and bird watching.

Groveview Park is a beautiful outdoor recreational area located in Lake Mary, Florida. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of wildlife. The park also has a disc golf course, a basketball court, and a sand volleyball court. Visitors can also enjoy fishing, kayaking, and canoeing on the lake. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

Estella Park is a beautiful outdoor destination located in Central Florida. It features a large lake surrounded by lush greenery, with plenty of trails for walking, biking, and jogging. There are also several picnic areas, playgrounds, and a dog park. The park is home to a variety of wildlife, including ducks, geese, and other birds. Visitors can also enjoy fishing, kayaking, and canoeing on the lake. Estella Park is a great place to spend the day with family and friends, and is a popular spot for locals and tourists alike.

Centeral Park is a beautiful outdoor space located in Lake Mary, Florida. It features a large lake, walking paths, and plenty of green space for picnics and outdoor activities. The park also has a playground, basketball court, and a pavilion for events. There are plenty of trees and wildlife to observe, and the lake is a great spot for fishing and kayaking.

Lake Mary Parks and Rec is a popular outdoor attraction located in Central Florida. It features a variety of recreational activities, including a large lake, walking trails, picnic areas, playgrounds, and sports fields. Visitors can also enjoy fishing, boating, and swimming in the lake. The park also offers a variety of educational programs and events throughout the year.

Country Club Basketball Court is an outdoor court located in a scenic, wooded area. It features two full-size courts with regulation hoops and backboards, as well as plenty of seating for spectators. The court is well-lit for night games, and there is plenty of parking available. The court is surrounded by lush greenery, making it a great spot for a game of pickup basketball or a friendly tournament.

Markham Road Trail is a scenic walking and biking trail in Lake Mary, Florida. The trail is a 4.5 mile long paved path that winds through lush green forests and wetlands. Along the trail, visitors can enjoy views of the lake, wildlife, and a variety of native plants. The trail also features several benches and picnic tables for rest stops. Markham Road Trail is a great place to get some exercise and enjoy the natural beauty of the area.

Lake Mary, Florida area median rent change by ZIP code map

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How does Lake Mary compare to other cities in Florida?

citymedian price
Indian Rocks Beach$4,000
Homestead$2,700
Palmetto$2,325
New Smyrna Beach$2,249
Merritt Island$2,200
Mascotte$2,125
Lehigh Acres$2,060
Citrus Springs$1,895
Milton$1,795

Average household income in Lake Mary area graph - US Census

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The median household income in Lake Mary in 2021 was $94,770. This represents a 24.6% change from 2011 when the median was $76,037.

#categorypercent
0Less than $10,0001.9%
1$10,000 to $14,9991.1%
2$15,000 to $19,9993.1%
3$20,000 to $24,9992.6%
4$25,000 to $29,9990.9%
5$30,000 to $34,9997.8%
6$35,000 to $39,9992.9%
7$40,000 to $44,9993.0%
8$45,000 to $49,9992.6%
9$50,000 to $59,9994.8%
10$60,000 to $74,9997.0%
11$75,000 to $99,99917.3%
12$100,000 to $124,9999.4%
13$125,000 to $149,9997.9%
14$150,000 to $199,99911.5%
15$200,000 or more16.3%

Neighborhoods in Lake Mary

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Lake Mary is $2,309.
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