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Lakeland, FL

Full City Profile · Florida · Osceola County County

3.1 /5.0
B Good
117,030 Population 1,758/sq mi density
$60,947 Median Income $34,313 per capita
$229,100 Home Value $309,289 Zillow
$1,299 Median Rent 31.3% income on rent
73°F Avg Temperature 332 sunny days/yr
312 Violent Crime/100K 2,878 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$60,947 median income, 2.8% unemployment
A+
Affordability
4.6 / 5.0
$229,100 home value, $1,299/mo rent
F
Safety
1.0 / 5.0
312 violent crimes/100K
B
Education
3.2 / 5.0
27.7% bachelor's degree or higher

Housing Overview

Median Home Value
$229,100
19% below
US avg: $281,900
Median Rent
$1,299/mo
12% above
US avg: $1,163/mo
Homeownership Rate
56.1%
14% below US avg (65.4%)
Total Housing Units
52,137
Median year built: 1981

Home Value by Source

Census Median
$229,100
Zillow (ZHVI)
$309,289
Median Sale Price
$304,950
Median List Price
$339,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

56.1%
Owner-Occupied
43.9%
Renter-Occupied
56%
44%
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: $1,299/mo · Zillow rent: $1,678/mo

Market Indicators (Redfin)

Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
78
Price Drops
33.0%
of listings with price reduction
Price Per Sq Ft
$185
Active Inventory
440
homes for sale

Affordability & Housing Stock

Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
56.1%

Complete Housing Data

Home Values

Census Median Value$229,100
Zillow Home Value (ZHVI)$309,289
Median Sale Price$304,950
Median List Price$339,900
Price Per Sq Ft$185

Rent

Census Median Rent$1,299
Zillow Rent (ZORI)$1,678
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 Market65
Sale-to-List Ratio1.0%
Price Drops33.0%
Homes Sold78
Active Inventory440
Price Per Sq Ft$185

Ownership & Stock

Owner-Occupied56.1%
Renter-Occupied43.9%
Homeownership Rate56.1%
Total Housing Units52,137
Median Year Built1981
Rent Burden31.3%