Lake Clarke Shores renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Lake Clarke Shores is about $1,153 per month. This puts it in the 51st percentile compared to the state average cost of rent, which is $1,453. Households in Lake Clarke Shores have a median income of $8,183 per month so the average renter in Lake Clarke Shores is spending roughly 14% of their earnings on housing.
Nationally, and in Lake Clarke Shores, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake Clarke Shores is $397,135 right now, which is higher than nearby cities, meaning that rents in Lake Clarke Shores also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Lake Clarke Shores while lower rent rates are often available in eastern areas.
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