Home Price Key
Affordable
Average
Expensive
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 $386,427, higher than the Florida average of $278,762.
The average cost of rent is $1,806/mo in Lake Mary, primarily driven by the current value of real estate in the Lake Mary area. While nearly 34.07% of residents own their homes outright in Lake Mary, 31.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Mary is $9,192 per month. Households that rent pay about 19.65% of their income on rent here. Lake Mary's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
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
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