Northlake Park at Lake Nona 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 Northlake Park at Lake Nona is about $1,841 per month. This puts it in the 88th percentile compared to the city average cost of rent, which is $1,487. Households in Northlake Park at Lake Nona have a median income of $6,860 per month so the average renter in Northlake Park at Lake Nona is spending roughly 27% of their earnings on housing.
Nationally, and in Northlake Park at Lake Nona, home values are the data point most closely correlated with the cost of rent. The median price of a home in Northlake Park at Lake Nona is $321,657 right now, which is lower than nearby neighborhoods, meaning that rents in Northlake Park at Lake Nona also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southeastern parts of Northlake Park at Lake Nona while lower rent rates are often available in central areas.
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