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Lake Placid, FL

Full City Profile · Florida · Highlands County County

2.5 /5.0
C+ Fair
2,438 Population 520/sq mi density
$45,476 Median Income $24,567 per capita
$253,200 Home Value $235,709 Zillow
$975 Median Rent 40.0% income on rent
73°F Avg Temperature 330 sunny days/yr
569 Violent Crime/100K 4,270 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$45,476 median income, 3.4% unemployment
B+
Affordability
3.5 / 5.0
$253,200 home value, $975/mo rent
F
Safety
1.0 / 5.0
569 violent crimes/100K (50% above avg)
C+
Education
2.9 / 5.0
23.6% bachelor's degree or higher

Housing Overview

Median Home Value
$253,200
10% below
US avg: $281,900
Median Rent
$975/mo
16% below
US avg: $1,163/mo
Homeownership Rate
52.1%
20% below US avg (65.4%)
Total Housing Units
1,287
Median year built: 1984

Home Value by Source

Census Median
$253,200
Zillow (ZHVI)
$235,709
Median Sale Price
$208,000
Median List Price
$172,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

52.1%
Owner-Occupied
47.9%
Renter-Occupied
52%
48%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $975/mo · Zillow rent: $1,449/mo

Market Indicators (Redfin)

Median Days on Market
191 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
23.1%
of listings with price reduction
Price Per Sq Ft
$237
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
40.0%
of renters spending 30%+ of income on housing
29% above US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
52.1%

Complete Housing Data

Home Values

Census Median Value$253,200
Zillow Home Value (ZHVI)$235,709
Median Sale Price$208,000
Median List Price$172,500
Price Per Sq Ft$237

Rent

Census Median Rent$975
Zillow Rent (ZORI)$1,449
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market191
Sale-to-List Ratio0.9%
Price Drops23.1%
Homes Sold3
Active Inventory13
Price Per Sq Ft$237

Ownership & Stock

Owner-Occupied52.1%
Renter-Occupied47.9%
Homeownership Rate52.1%
Total Housing Units1,287
Median Year Built1984
Rent Burden40.0%