Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Lake Mary area can be challenging. Home prices in Lake Mary are now at a median cost of $510,663, higher than the Florida average of $396,783.
The average cost of rent is $2,106/mo in Lake Mary, primarily driven by the current value of real estate in the Lake Mary area. In Lake Mary, 37.45% of households rent, and 35.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Mary is $10,388 per month. Households that rent pay about 20.28% of their income on rent here. Lake Mary’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Longwood, FL: equally priced homes
- Sanford, FL: less expensive homes
- Wekiwa Springs, FL: less expensive homes
- Winter Springs, FL: less expensive homes
- Altamonte Springs, FL: less expensive homes
- Casselberry, FL: less expensive homes
- Maitland, FL: less expensive homes
- Forest City, FL: less expensive homes
- DeBary, FL: less expensive homes
- Eatonville, FL: less expensive homes
Cities with Similar Populations
- Arlington, MA: higher priced homes
- Strongsville, OH: less expensive homes
- Del Rio, TX: less expensive homes
- Coral Gables, FL: higher priced homes
- Clarkston, MI: less expensive homes
- Cape Girardeau, MO: less expensive homes
- Brunswick, GA: less expensive homes
- Brighton, MI: less expensive homes
- Beloit, WI: less expensive homes
- Attleboro, MA: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood