90 Apartments under 900 for rent in Lake Mary, FL

Last updated November 19 at 3:50pm UTC
727 Sugar Bay Way
Lake Mary
Lake Mary, FL
Updated November 16 at 2:00am UTC
1 Bedroom
$850
Results within 5 miles of Lake Mary, FL
304 Cherokee Ct # D
Altamonte Springs
Altamonte Springs, FL
Updated September 29 at 9:08am UTC
1 Bedroom
$800
824 CAMARGO WAY
Altamonte Springs
Altamonte Springs, FL
Updated November 8 at 5:46pm UTC
1 Bedroom
$875
974 Leeward Place #208
Altamonte Springs
Altamonte Springs, FL
Updated November 16 at 12:21pm UTC
1 Bedroom
$850
385 Woodside Dr #203
Altamonte Springs
Altamonte Springs, FL
Updated November 14 at 11:01am UTC
1 Bedroom
$895
401 Georgetown Dr. unit D
Casselberry
Casselberry, FL
Updated October 3 at 12:30pm UTC
1 Bedroom
$850
811 2nd Street
Hickory Square
Altamonte Springs, FL
Updated November 17 at 5:15am UTC
2 Bedrooms
$895
306 Cherokee Ct Apartment H
Altamonte Springs
Altamonte Springs, FL
Updated November 19 at 11:22am UTC
1 Bedroom
$825
421 Montgomery Rd, #151
Altamonte Springs
Altamonte Springs, FL
Updated October 13 at 10:21am UTC
Studio
$700
826 Camargo Way # 303
Altamonte Springs
Altamonte Springs, FL
Updated November 19 at 11:15am UTC
1 Bedroom
$825
380 Lakepointe Dr
Altamonte Springs
Altamonte Springs, FL
Updated November 17 at 1:35am UTC
1 Bedroom
$895
430 Forestway Cir
Altamonte Springs
Altamonte Springs, FL
Updated November 9 at 2:06am UTC
1 Bedroom
$895
221 Sharon Dr
Altamonte Springs
Altamonte Springs, FL
Updated October 29 at 6:17pm UTC
1 Bedroom
$875
Results within 10 miles of Lake Mary, FL
5505 Hernandes Dr #224
Orlando
Orlando, FL
Updated November 4 at 1:15pm UTC
1 Bedroom
$700
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November 2017 Lake Mary Rent Report

Welcome to the November 2017 Lake Mary Rent Report. In this report, we'll evaluate trends in the Lake Mary rental market, including comparisons to cities throughout the metro, state, and nation.

View full Lake Mary Rent Report
Rent Report
Lake Mary

November 2017 Lake Mary Rent Report

Welcome to the November 2017 Lake Mary Rent Report. 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 0.7% over the past month, and have increased sharply by 7.2% in comparison to the same time last year. Currently, median rents in Lake Mary stand at $1,300 for a one-bedroom apartment and $1,560 for a two-bedroom. 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 $1,560; the city has also seen rent growth of 0.7% over the past month, 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 1.2%. Median two-bedrooms there cost $1,230, while one-bedrooms go for $1,020.
  • Sanford has the least expensive rents in the Orlando metro, with a two-bedroom median of $1,100; rents decreased 1.4% over the past month but were up 5.7% 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 4.2% in Jacksonville.
  • Lake Mary's median two-bedroom rent of $1,560 is above the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 7.2% increase in Lake Mary.
  • While Lake Mary's rents rose sharply over the past year, many cities nationwide saw decreases, including DC (-0.6%), New York (-0.2%), and Nashville (-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 $1,010, 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 -0.0% 6.4%
Kissimmee $990 $1,190 0.5% 6.2%
Sanford $920 $1,100 -1.4% 5.7%
Altamonte Springs $1,000 $1,200 0.5% 4.2%
Oviedo $1,250 $1,500 -0.7% 0.7%
Winter Springs $1,020 $1,230 -1.9% -1.2%
Winter Park $1,000 $1,200 0.1% 7.3%
Casselberry $1,020 $1,220 -0.9% 5.4%
Maitland $1,040 $1,250 0.3% 1.7%
Lake Mary $1,300 $1,560 0.7% 7.2%

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.