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 $272,905, lower than the Florida average of $278,762.

The average cost of rent is $1,657/mo in Lakeland Highlands, primarily driven by the current value of real estate in the Lakeland Highlands area. While nearly 40.23% of residents own their homes outright in Lakeland Highlands, 18.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lakeland Highlands is $8,144 per month. Households that rent pay about 20.34% of their income on rent here. Lakeland Highlands's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.


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