The Most Affordable Neighborhoods in Lakeland Highlands, FL by Home Value

 

Lakeland Highlands, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lakeland Highlands area can be challenging. Home prices in Lakeland Highlands are now at a median cost of $376,273, lower than the Florida average of $396,783.

The average cost of rent is $1,651/mo in Lakeland Highlands, primarily driven by the current value of real estate in the Lakeland Highlands area. In Lakeland Highlands, 17.48% of households rent, and 37.40% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lakeland Highlands is $8,833 per month. Households that rent pay about 18.69% of their income on rent here. Lakeland Highlands’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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