Lake Placid, FL
Full City Profile · Florida · Highlands County County
2.4
/5.0
C
Fair
2,438
Population
520/sq mi density
$45,476
Median Income
$24,567 per capita
$253,200
Home Value
$238,604 Zillow
$975
Median Rent
40.0% income on rent
73°F
Avg Temperature
156
Violent Crime/100K
469 property/100K
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$45,476 median income, 7.3% unemployment
B+
Affordability
3.5 / 5.0
$253,200 home value, $975/mo rent
F
Safety
1.0 / 5.0
156 violent crimes/100K
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)
$238,604
Redfin Median Sale
$208,000
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
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 Sale Price
$208,000
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) | $238,604 |
| Redfin Median Sale | $208,000 |
| 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 Market | 191 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 23.1% |
| Homes Sold | 3 |
| Active Inventory | 13 |
| Price Per Sq Ft | $237 |
Ownership & Stock
| Owner-Occupied | 52.1% |
| Renter-Occupied | 47.9% |
| Homeownership Rate | 52.1% |
| Total Housing Units | 1,287 |
| Median Year Built | 1984 |
| Rent Burden | 40.0% |