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50 Apartments for rent in Lake Mary, FL

Read Guide >
Last updated October 23 at 11:24AM
271 Short Street
Lake Mary
Lake Mary, FL
Updated October 4 at 1:09PM UTC
2 Bedrooms
$949
1275 Prince Ct
Lake Mary
Lake Mary, FL
Updated October 20 at 10:26AM UTC
4 Bedrooms
$3,500
585 Serenity Place
Lake Mary
Lake Mary, FL
Updated September 26 at 3:46AM UTC
4 Bedrooms
$2,095
1689 Cherry Ridge Drive
Lake Mary
Lake Mary, FL
Updated October 19 at 12:04PM UTC
3 Bedrooms
$1,875
640 PENSACOLA LANE
Lake Mary
Lake Mary, FL
Updated October 18 at 10:45AM UTC
3 Bedrooms
$2,095
308 BUTTONWOOD DRIVE
Lake Mary
Lake Mary, FL
Updated October 22 at 2:48AM UTC
3 Bedrooms
$1,625
791 E CHARING CROSS CR.
Lake Mary
Lake Mary, FL
Updated September 28 at 11:07AM UTC
3 Bedrooms
$1,495
887 Bright Meadow Dr
Lake Mary
Lake Mary, FL
Updated October 21 at 1:32AM UTC
4 Bedrooms
$1,995
100 Erin Ct
Lake Mary
Lake Mary, FL
Updated October 22 at 5:29PM UTC
3 Bedrooms
$1,650
4306 REGAL TOWN LANE
Lake Mary
Lake Mary, FL
Updated October 21 at 9:58AM UTC
3 Bedrooms
$1,675
729 Secret Harbor Ln #207
Lake Mary
Lake Mary, FL
Updated October 23 at 11:24AM UTC
2 Bedrooms
$1,200
718 Sugar Bay Way #206
Lake Mary
Lake Mary, FL
Updated October 19 at 12:57PM UTC
3 Bedrooms
$1,295
720 Keeneland Pike
Lake Mary
Lake Mary, FL
Updated October 15 at 11:01AM UTC
4 Bedrooms
$2,300
717 Remington Oak Drive
Lake Mary
Lake Mary, FL
Updated October 10 at 10:58AM UTC
3 Bedrooms
$1,450
232 Seminole Ave
Lake Mary
Lake Mary, FL
Updated October 20 at 1:24AM UTC
3 Bedrooms
$1,300
653 Hangnest Ln
Lake Mary
Lake Mary, FL
Updated October 1 at 9:21AM UTC
3 Bedrooms
$2,100
Tomlinson Ter
Lake Mary
Lake Mary, FL
Updated October 15 at 7:49AM UTC
4 Bedrooms
$2,045
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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

October 2017 Lake Mary Rent Report

Welcome to the October 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 metro, state, and nation.

Lake Mary rents declined over the past month

Lake Mary rents have declined 1.8% over the past month, but are up sharply by 8.2% in comparison to the same time last year. Currently, median rents in Lake Mary stand at $1,290 for a one-bedroom apartment and $1,550 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in July. Lake Mary's year-over-year rent growth leads the state average of 3.5%, as well as the national average of 2.8%.

Rents rising across the Orlando Metro

Throughout the past year, rent increases have been occurring not just in the city of Lake Mary, but across the entire metro. Of the largest 10 cities that we have data for in the Orlando metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Lake Mary has the most expensive rents in the Orlando metro, with a two-bedroom median of $1,550; the city has also seen rent growth of 8.2% over the past year, the fastest in the metro.
  • Sanford has the least expensive rents in the Orlando metro, with a two-bedroom median of $1,110; rents went down 0.9% over the past month but rose 7.1% over the past year.

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

As rents have increased sharply in Lake Mary, other 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.

  • Rents also increased moderately in other cities across the state, with Florida as a whole logging rent growth of 3.5% over the past year. For example, rents have grown by 4.4% in Jacksonville.
  • Lake Mary's median two-bedroom rent of $1,550 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 8.2% rise in Lake Mary.
  • While Lake Mary's rents rose sharply over the past year, many cities nationwide saw decreases, including Houston (-1.5%), DC (-0.8%), and New York (-0.1%).
  • Renters will generally find more expensive prices in Lake Mary than most large cities. For example, Houston has a median 2BR rent of $990, 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 $1,020 $1,220 0.4% 6.6%
Kissimmee $990 $1,190 -0.1% 5.6%
Sanford $930 $1,110 -0.9% 7.1%
Altamonte Springs $1,000 $1,190 -0.3% 3.4%
Oviedo $1,260 $1,510 -0.4% 1.9%
Winter Springs $1,040 $1,250 -0.5% 0.2%
Winter Park $1,000 $1,200 0.8% 7.2%
Casselberry $1,020 $1,230 6.8%
Maitland $1,040 $1,240 -0.4% 1.3%
Lake Mary $1,290 $1,550 -1.8% 8.2%

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.