Property Prices in Lakeland, FL, United States

Index Info
Price to Income Ratio: 2.88
Mortgage as Percentage of Income: 25.66%
Loan Affordability Index: 3.90
Price to Rent Ratio - City Centre: 5.71
Price to Rent Ratio - Outside of Centre: 6.54
Gross Rental Yield (City Centre): 17.51%
Gross Rental Yield (Outside of Centre): 15.28%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,645.00 $ 1,500.00-2,200.00
1 Bedroom Apartment Outside of City Centre 1,459.75 $ 1,200.00-1,800.00
3 Bedroom Apartment in City Centre 3,200.00 $ 3,000.00-3,400.00
3 Bedroom Apartment Outside of City Centre 2,739.75 $ 2,200.00-3,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 197.36 $ 196.02-200.02
Price per Square Feet to Buy Apartment Outside of Centre 197.36 $ 196.02-200.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,689.33 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.45 6.00-6.80

These data are based on 54 entries from 19 contributors over the past 18 months.
Last update: 29 January 2026

Sources and References
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