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RentData.org Logo Lakeland Fair Market Rent FY 2007 Lakeland, FL MSA Rental Data

Fair Market Rent Prices in Lakeland, FL :
$467 $516 $594 $753 $884
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Lakeland are high compared to the national average. This FMR area is more expensive than 78% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lakeland is $594 per month.

The previous year, rent for a two-bedroom home was $571 per month. This is a 4.03% increase year-over-year.

This FMR rate applies to Lakeshore, FL, Alturas, FL, Homeland, FL, Bradley, FL, Nichols, FL, River Ranch, FL, Nalcrest, FL, Loughman, FL, Waverly, FL, Indian Lake Estates, FL and other cities within the region. The Metro Code or CBSA code for this region is METRO29460M29460.

Additionally, This Fair Market Rent (FMR) area Lakeland, FL MSA spans one county or city in Florida which is listed in the table below. Estimated population of Lakeland, FL MSA FMR area is 483,924 people based on latest Census data.

Compared to the rest of Florida, the Lakeland FMR area is more expensive than 58% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Lakeland. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lakeland

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 501
1-BR 1-Bedroom $ 548
2-BR 2-Bedroom $ 633
3-BR 3-Bedroom $ 833
4-BR 4-Bedroom $ 979
Change Year:
2006 2007 2008

There is just one county (listed below) within the Lakeland, FL MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Tampa - St. Pete (Sarasota).

County / Region Est. Population
Lakeland, FL Metro 483,924
Zip Codes in Lakeland, FL MSA

There are 47 unique zip codes in this Fair Market Rent (FMR) area:

33801, 33802, 33803, 33804, 33805, 33806, 33807, 33809, 33811, 33812, 33813, 33815, 33820, 33823, 33827, 33830, 33831, 33835, 33836, 33838, 33839, 33840, 33841, 33843, 33844, 33845, 33846, 33847, 33850, 33851, 33853, 33854, 33855, 33856, 33858, 33859, 33863, 33867, 33868, 33877, 33880, 33881, 33882, 33883, 33884, 33885 and 33898

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What's Next?

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