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183 Apartments for rent in Lake Mary, FL

Read Guide >
Last updated September 21 at 10:52AM
107 Dorchester SQ
Lake Mary
Lake Mary, FL
Updated September 8 at 3:43AM
2 Bedrooms
$1,000
840 Garden Glen Loop
Lake Mary
Lake Mary, FL
Updated September 20 at 9:44AM
3 Bedrooms
$1,695
392 Morning Glory Dr
Lake Mary
Lake Mary, FL
Updated September 21 at 10:25AM
3 Bedrooms
$1,750
308 BUTTONWOOD DRIVE
Lake Mary
Lake Mary, FL
Updated September 18 at 6:24PM
3 Bedrooms
$1,650
725 GREYBULL RUN
Lake Mary
Lake Mary, FL
Updated September 8 at 6:49PM
3 Bedrooms
$2,295
964 Helmsley Court #102
Lake Mary
Lake Mary, FL
Updated September 10 at 9:47AM
3 Bedrooms
$1,225
461 Mohave Terrace
Lake Mary
Lake Mary, FL
Updated September 16 at 9:34AM
4 Bedrooms
$2,000
2549 Grassy Point Dr #109
Lake Mary
Lake Mary, FL
Updated September 21 at 10:52AM
1 Bedroom
$850
887 Bright Meadow Dr
Lake Mary
Lake Mary, FL
Updated September 20 at 9:23AM
4 Bedrooms
$1,995
558 Lakeworth Circle
Lake Mary
Lake Mary, FL
Updated September 16 at 10:45AM
3 Bedrooms
$2,595
653 Hangnest Ln
Lake Mary
Lake Mary, FL
Updated August 25 at 10:20AM
3 Bedrooms
$2,100
3317 Messina Drive
Lake Mary
Lake Mary, FL
Updated August 31 at 1:02PM
3 Bedrooms
$2,400
698 HOLBROOK CIR SEMINOLE COUNTY
Lake Mary
Lake Mary, FL
Updated September 1 at 9:43AM
3 Bedrooms
$1,495
1759 PIEDMONT PLACE
Lake Mary
Lake Mary, FL
Updated September 19 at 10:33AM
4 Bedrooms
$2,300
1689 Cherry Ridge Drive
Lake Mary
Lake Mary, FL
Updated August 30 at 10:19AM
3 Bedrooms
$2,050
532 TETON STREET
Lake Mary
Lake Mary, FL
Updated September 16 at 10:30AM
4 Bedrooms
$2,095
231 VIA TUSCANY LOOP
Lake Mary
Lake Mary, FL
Updated September 20 at 10:41AM
5 Bedrooms
$2,195
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City Guide
Lake Mary

Having trouble with Craigslist Lake Mary? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help!

Lake Mary is located 20 miles from Orlando in east central Florida. With a very desirable location and great safety reputation, Lake Mary is a highly sought-after location. It’s no wonder that this community of about 15,000 people was ranked in 2007 as Money magazine’s #4 “Best Places to Live in America”.

Not too shabby, right? Well, Lake Mary does have its fair share of annoyances. While there has been a ton of new development in upscale apartment complexes and condominium communities, there is little in the way of cheap apartments. The cost of living is high, so if you’re a budget-conscious renter then allow yourself plenty of time to find safe, affordable apartment rentals.

Traffic can also be a major headache. As many Lake Mary residents commute into Orlando for work, traffic into and out of the city during rush hour causes major delays along the I-4 corridor.

All that said, you’ll be sure to enjoy Lake Mary’s great shopping, dining, and entertainment, as well as convenient proximity to the Atlantic Coast. The city is also close to Lake Jessop and Lake Monroe, which both offer recreational activities, including hiking, boating, and fishing.

Many of the best new developments in Lake Mary are located just west of the city center. Here you’ll find complexes that offer everything from studio apartments to four bedrooms. These developments also have great amenities, such as a gym, swimming pool, and clubhouse. Looking for furnished apartments for rent, or perhaps a short-term lease? No worries! Many of the new apartment rentals in the western portion of town cater to snowbirds. Two bedrooms in this area generally range from $850 to $1,300.

While much of the real estate market in Lake Mary is dominated by large developments, you can find occasional houses for rent scattered throughout many of Lake Mary’s safe, desirable neighborhoods. These neighborhoods tend to have a more settled, “local” feel than the ones in the western portion of town. Two bedroom rental homes range anywhere from $700 to $1,250.

If you’re moving to Lake Mary with a four-legged friend, don’t worry! Many of the city’s large apartment developments are both cat and dog friendly. While some apartments may have size and breed limitations, or require an additional pet deposit, you shouldn’t have too much trouble finding a great pet friendly rental.

So welcome to Lake Mary! Enjoy all that this thriving, upscale community has to offer!

Rent Report
Lake Mary

September 2017 Lake Mary Rent Report

Welcome to the September 2017 Lake Mary Rent Report. Lake Mary rents declined over the past month. In this report, we'll evaluate trends in the Lake Mary rental market, including comparisons to cities throughout the state and nation.

Lake Mary rents declined over the past month

Lake Mary rents have declined 1.3% over the past month, but have increased sharply by 10.5% in comparison to the same time last year. Currently, median rents in Lake Mary stand at $1,310 for a one-bedroom apartment and $1,570 for a two-bedroom. Lake Mary's year-over-year rent growth leads the state average of 3.6%, as well as the national average of 3.0%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Lake Mary, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,390; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.4%).
  • Lake Mary, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (10.5%, 5.6%, and 4.6%, respectively).

Many large cities nationwide show more affordable rents compared to Lake Mary

As rents have increased in Lake Mary, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Lake Mary is less affordable for renters.

  • Lake Mary's median two-bedroom rent of $1,570 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 10.5% increase in Lake Mary.
  • While Lake Mary's rents rose over the past year, some cities nationwide saw decreases, including Houston (-2.4%) and DC (-0.5%).
  • Renters will generally find more expensive prices in Lake Mary than most large cities. For example, Norfolk has a median 2BR rent of $960, where Lake Mary is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Orlando $1,010 $1,210 0.7% 6.4%
Kissimmee $990 $1,190 0.5% 5.6%
Sanford $940 $1,120 0.1% 8.9%
Altamonte Springs $1,000 $1,200 0.1% 4.5%
Oviedo $1,270 $1,520 0.7% 2.9%
Winter Springs $1,050 $1,260 -1.4% 1.2%
Winter Park $990 $1,190 2.2% 7.1%
Maitland $1,040 $1,250 0.2% 2.4%
Lake Mary $1,310 $1,570 -1.3% 10.5%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.