Three Lakes, Florida Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Three Lakes, Florida rental market.

Three Lakes, Florida

Average Apartment Rent

$2,276

Y-o-Y Change in Average
Apartment Rent

-3%

As of March 2026

Compared to a year ago, Three Lakes, Florida apartments have recorded a -3% rent decrease.

Three Lakes, Florida Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Three Lakes $2,387 $2,375 $2,387 $2,391 $2,350 $2,347 $2,358 $2,227 $2,276
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Three Lakes
National
Jul 2023
$2,387
$1,735
Nov 2023
$2,375
$1,724
Mar 2024
$2,387
$1,729
Jul 2024
$2,391
$1,750
Nov 2024
$2,350
$1,743
Mar 2025
$2,347
$1,749
Jul 2025
$2,358
$1,763
Nov 2025
$2,227
$1,749
Mar 2026
$2,276
$1,750

Three Lakes, Florida Average Apartment Rent

Three Lakes, Florida Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 54.06%, apartments priced $2,000 - $2,500 represent the bulk of Three Lakes, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 3%.

Three Lakes, Florida Housing tenure**

Renter occupied housing units 1,931
Owner occupied housing units 3,235

Renters take up 37% of Three Lakes, Florida real estate, occupying a total of 1,931 units, while homeowners live in 3,235 properties.

Median number of rooms of renter-occupied housing units**

4.6

Renter median household income**

$73,157

Average household size of renter-occupied housing units**

3.3

Rental vacancy rate**

7%

Three Lakes, Florida Renter-occupied housing units by no. of bedrooms**

No bedrooms 13
1 bed 254
2 beds 540
3 beds 880
4 beds 244

There are 880 rentals in Three Lakes, Florida with 3 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 13 units. Overall, the median number of rooms in Three Lakes, Florida homes for rent is 4.6.

Three Lakes, Florida Renter-occupied units by age of householder**

15 - 24 years 98
25 - 34 years 271
35 - 44 years 703
45 - 54 years 575
55 - 59 years 148
60 - 64 years 77
65 - 74 years 59

Most condos for rent in Three Lakes, Florida are occupied by residents in the 35 - 44 years age group (36%), followed by those in the 45 - 54 years age group (30%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 3%.

Three Lakes, Florida Renter-occupied housing units by family type**

Family households 1,574
Non-Family Households 357

Three Lakes, Florida Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 937
No related children of the householder under 18 994

A total of 1,574 apartments for rent in Three Lakes, Florida, or 82% of all rentals are family households. Additionally, 49% of rental homes include children under the age of 18 – that’s 937 units. All in all, the median size of a renter-occupied household in Three Lakes, Florida is 3.3.

Three Lakes, Florida Renter-occupied housing units by educational attainment**

Less than high school graduate 51
High school graduate (including equivalency) 706
Some college or associate's degree 512
Bachelor's degree or higher 662

In terms of education, renters holding bachelor degrees or higher make up 34% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Three Lakes, Florida.

Three Lakes, Florida Renter-occupied units by year structure built**

Built 2010 - 2019 192
Built 2000 - 2009 488
Built 1990 - 1999 617
Built 1980 - 1989 415
Built 1970 - 1979 219

The highest share of Three Lakes, Florida apartment rentals, namely 32% or 617 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (25%, 488 units), and the ones Built 1980 - 1989 (21%, 415 units).

Three Lakes, Florida Renter-occupied units by year householder moved in**

Moved in 2021 or later 121
Moved in 2018 to 2020 676
Moved in 2010 to 2017 1,060
Moved in 2000 to 2009 74

Median year renter moved into unit 2017

Most Three Lakes, Florida renters (55%) moved in 2010 to 2017, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Three Lakes, Florida condos for rent is 2017.

Three Lakes, Florida Renter-occupied housing units by vehicles available**

No vehicle available 22
1 vehicle available 664
2 vehicles available 907
3 vehicles available 239
4 or more vehicles available 99

When it comes to transportation options, 47% of Three Lakes, Florida renters have 2 vehicles available per household, 34% of them have 1 vehicle available, and 12% have 3 vehicles available.

Three Lakes, Florida Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,232
Car, truck, or van - carpooled 295
Public transportation (excluding taxicab) 38
Walked 122
Taxicab, motorcycle, bicycle, or other means 48
Worked at home 325

Three Lakes, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 5,869
Moved within same county 354
Moved from different state 75

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Three Lakes, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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