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57 Apartments for rent in Lake Mary, FL

Read Guide >
Last updated December 14 at 8:26pm UTC
4036 Messina Drive
Lake Mary
Lake Mary, FL
Updated December 10 at 12:02pm UTC
4 Bedrooms
$1,975
2561 GRASSY POINT DRIVE
Lake Mary
Lake Mary, FL
Updated December 6 at 9:38am UTC
1 Bedroom
$850
709 Secret Harbor Ln
Lake Mary
Lake Mary, FL
Updated December 7 at 10:22am UTC
2 Bedrooms
$1,095
503 Mockingbird Ct
Lake Mary
Lake Mary, FL
Updated December 9 at 11:07am UTC
4 Bedrooms
$2,300
720 Keeneland Pike
Lake Mary
Lake Mary, FL
Updated October 15 at 11:01am UTC
4 Bedrooms
$2,300
2548 GRASSY POINT DRIVE
Lake Mary
Lake Mary, FL
Updated December 6 at 9:38am UTC
3 Bedrooms
$1,250
446 VIA TUSCANY LOOP
Lake Mary
Lake Mary, FL
Updated December 7 at 1:55am UTC
3 Bedrooms
$2,900
120 LAKEBREEZE CIRCLE
Lake Mary
Lake Mary, FL
Updated December 14 at 12:28pm UTC
3 Bedrooms
$1,900
1563 OBERLIN TERRACE
Lake Mary
Lake Mary, FL
Updated December 13 at 5:58pm UTC
3 Bedrooms
$1,760
315 FOXBORO COURT
Lake Mary
Lake Mary, FL
Updated December 9 at 5:35pm UTC
2 Bedrooms
$1,495
204 DORCHESTER SQUARE
Lake Mary
Lake Mary, FL
Updated December 14 at 12:31pm UTC
2 Bedrooms
$1,100
2608 Grassy Point Dr
Lake Mary
Lake Mary, FL
Updated December 7 at 9:58am UTC
1 Bedroom
$995
170 Monica Ct
Lake Mary
Lake Mary, FL
Updated December 11 at 2:20am UTC
5 Bedrooms
$2,495
1301 Bolton Place
Lake Mary
Lake Mary, FL
Updated December 13 at 2:33pm UTC
3 Bedrooms
$2,190
729 SECRET HARBOR LANE
Lake Mary
Lake Mary, FL
Updated December 14 at 12:31pm UTC
2 Bedrooms
$1,175
859 Paddington Terrace
Lake Mary
Lake Mary, FL
Updated December 2 at 12:45pm UTC
3 Bedrooms
$2,250
Tomlinson Ter
Lake Mary
Lake Mary, FL
Updated December 10 at 8:26am UTC
4 Bedrooms
$1,945
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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

December 2017 Lake Mary Rent Report

Welcome to the December 2017 Lake Mary Rent Report. Lake Mary rents increased 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 increase sharply over the past month

Lake Mary rents have increased 1.8% over the past month, and have increased sharply by 6.8% in comparison to the same time last year. Currently, median rents in Lake Mary stand at $1,320 for a one-bedroom apartment and $1,580 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Lake Mary's year-over-year rent growth leads the state average of 3.5%, as well as the national average of 2.7%.

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, 9 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 $1,580; the city has also seen rent growth of 6.8% over the past year, the fastest in the metro.
  • Over the past year, Winter Springs is the only city in the metro that has seen rents fall, with a decline of 2.5%. Median two-bedrooms there cost $1,220, while one-bedrooms go for $1,020.
  • Sanford has the least expensive rents in the Orlando metro, with a two-bedroom median of $1,110; rents grew 1.2% over the past month and 6.6% 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 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 $1,580 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 6.8% increase in Lake Mary.
  • While Lake Mary's rents rose sharply over the past year, many cities nationwide saw decreases, including DC (-0.4%), Nashville (-0.3%), 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 $1,020, 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 0.3% 6.6%
Kissimmee $1,000 $1,200 0.5% 6.5%
Sanford $930 $1,110 1.2% 6.6%
Altamonte Springs $1,010 $1,210 0.8% 5.3%
Oviedo $1,260 $1,510 0.2% 1.3%
Winter Springs $1,020 $1,220 -0.2% -2.5%
Winter Park $1,000 $1,190 -0.4% 6.3%
Casselberry $1,010 $1,210 -0.3% 5.9%
Maitland $1,040 $1,250 0.1% 2.7%
Lake Mary $1,320 $1,580 1.8% 6.8%

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.