Lakeland Highlands, Florida Rental Market Trends
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 Lakeland Highlands, Florida rental market.
Lakeland Highlands, Florida
Average Apartment Rent
$1,530
Y-o-Y Change in Average
Apartment Rent
-0.8%
As of May 2026
Compared to a year ago, Lakeland Highlands, Florida apartments have recorded a -0.8% rent decrease.
Lakeland Highlands, Florida Average apartment rent trend
Lakeland Highlands, Florida Average Apartment Rent
Lakeland Highlands, Florida Apartment rent ranges
At 52.8%, apartments priced $1,500 - $2,000 represent the bulk of Lakeland Highlands, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.13%.
Lakeland Highlands, Florida Housing tenure**
Renters take up 16% of Lakeland Highlands, Florida real estate, occupying a total of 665 units, while homeowners live in 3,605 properties.
Median number of rooms of renter-occupied housing units**
5.5
Renter median household income**
$72,422
Average household size of renter-occupied housing units**
2.31
Rental vacancy rate**
10.9%
Lakeland Highlands, Florida Renter-occupied housing units by no. of bedrooms**
There are 308 rentals in Lakeland Highlands, Florida with 2 beds making up the highest share of the market, at 46%. Units with 1 bed, on the other hand, hold the lowest percentage (2%), amounting to 14 units. Overall, the median number of rooms in Lakeland Highlands, Florida homes for rent is 5.5.
Lakeland Highlands, Florida Renter-occupied units by age of householder**
Most condos for rent in Lakeland Highlands, Florida are occupied by residents in the 45 - 54 years age group (31%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Lakeland Highlands, Florida Renter-occupied housing units by family type**
Lakeland Highlands, Florida Renter-occupied housing units by the presence of own children**
A total of 326 apartments for rent in Lakeland Highlands, Florida, or 49% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 225 units. All in all, the median size of a renter-occupied household in Lakeland Highlands, Florida is 2.31.
Lakeland Highlands, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 37% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Lakeland Highlands, Florida.
Lakeland Highlands, Florida Renter-occupied units by year structure built**
The highest share of Lakeland Highlands, Florida apartment rentals, namely 40% or 266 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (22%, 149 units), and the ones Built 2010 - 2019 (18%, 121 units).
Lakeland Highlands, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Lakeland Highlands, Florida renters (41%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Lakeland Highlands, Florida condos for rent is 2018.
Lakeland Highlands, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of Lakeland Highlands, Florida renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 10% have 3 vehicles available.
Lakeland Highlands, Florida Means of transportation to work of householders living in renter-occupied housing units**
Lakeland Highlands, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Lakeland Highlands, 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
