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Rental Market Trends

Lake City, FL

As of August 2025, Lake City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake City's average rent is 41.4% ($856) lower than the Florida average of $2,067 and 32.3% ($579) lower than the U.S. average of $1,790.

Average Rent

$1,211

Monthly ChangeMonth Over Month Change

2.2% ($26)

Yearly ChangeYear Over Year Change

40.7% ($832)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,040	1.6% ($16)	40.4% ($705)
2 Beds	$1,321	5.8% ($73)	34.4% ($692)
3 Beds	$1,523	7.3% ($120)	37.2% ($902)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Lake City Rental Market FAQs

Explore rental prices, market trends, and availability in Lake City, FL.

What is the average rent in Lake City, FL?

The average rent in Lake City, FL is $1,211 per month.

What is the rental price range for apartments in Lake City, FL?

Apartments in Lake City typically rent for between $728 and $1,980 per month, with an average of $1,211 per month.

What is the average rent for different bedroom sizes in Lake City, FL?

In Lake City, the average rent for a 1-bedroom apartment is $1,040 per month, for a 2-bedroom apartment, $1,321 per month, and a 3-bedroom apartment is $1,523 per month.

How do rent prices in Lake City, FL compare with the national average?

The average rent in Lake City is 32.3% ($579) lower than the national average of $1,790 per month.

How have rent prices in Lake City, FL changed recently?

The average rent in Lake City has increased by 2.2% ($26) in the last month and decreased by 40.7% ($832) over the past year.

How competitive is the rental market in Lake City, FL?

The rental market in Lake City, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Lake City, FL?

In Lake City, FL, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Lake City, FL?

There are currently 13 rental properties available in Lake City, FL.

Can I afford to rent an apartment in Lake City, FL?

Based on the current averages, a household would need an annual income of $52,840 to comfortably afford a 2-bedroom apartment in Lake City.