What percentage of people rent in Lake Mary, FL?

37.1% (±5.5 points) of the occupied homes in Lake Mary, FL are rented (2020–2024 American Community Survey).

That is 2,567 renting households against 4,346 that own their home.

In Lake Mary, the share of households that rent went from 27.6% in 2015–2019 to 37.1% in 2020–2024 (+9.5 percentage points), a measurable increase.

Figures last updated on .

Households that rent
37.1% (±5.5 points)
Renting households
2,567 (±442)
Median renter income
$84,748 (±$15,239)

Who rents and who owns in Lake Mary

Tenure, estimate (90% margin of error)
Lake MarySeminole CountyFloridaUnited States
Renter-occupied share37.1% (±5.5 points)33.8% (±0.9 points)32.4% (±0.2 points)34.8%
Renting households2,567 (±442)63,292 (±1,838)2,834,163 (±17,461)45,017,354
Owning households4,346 (±420)123,956 (±1,781)5,918,647 (±31,594)84,210,142
Average renter household size2.0 (±0.3)2.4 (±0.0)2.5 (±0.0)2.3
Average owner household size2.6 (±0.2)2.7 (±0.0)2.5 (±0.0)2.6
Median renter household income$84,748 (±$15,239)$60,968 (±$2,284)$53,617 (±$353)$52,966
Median owner household income$132,161 (±$13,059)$103,917 (±$2,274)$88,144 (±$469)$100,009

In Lake Mary, the renter share is not measurably different from Seminole County (33.8%).

It is not measurably different from Florida (32.4%).

It is not measurably different from the national figure (34.8%).

In Seminole County, Lake Mary ranks 5 of 15 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 252 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Mary has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent27.6% (±4.4 points)37.1% (±5.5 points)+9.5 percentage pointsMeasurable increase
Median gross rent$1,633 (±$95)$2,120 (±$111)+29.8%No measurable change after inflation
Median household income$96,983 (±$10,206)$109,173 (±$19,194)+12.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Lake Mary

Nearest places with a published estimate, compared with Lake Mary
PlaceDistanceHouseholds that rentCompared with this place
Lake Mary—37.1% (±5.5 points)—
Heathrow2.7 mi27.3% (±6.3 points)Lower
Sanford4.0 mi48.0% (±2.7 points)Higher
Longwood4.1 mi30.6% (±5.3 points)Not measurably different
Winter Springs6.2 mi23.9% (±3.6 points)Lower
Midway (community, Seminole County)6.6 mi28.2% (±17.6 points)Not measurably different
Casselberry6.8 mi40.5% (±3.7 points)Not measurably different
Wekiwa Springs6.9 mi22.2% (±3.2 points)Lower
Fern Park7.7 mi36.4% (±7.1 points)Not measurably different

Nearby places with a measurably lower figure: Heathrow, FL (27.3%), Winter Springs, FL (23.9%), Wekiwa Springs, FL (22.2%).

Nearby places with a measurably higher figure: Sanford, FL (48.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Seminole County, place by place

RankPlaceHouseholds that rent
1Altamonte Springs56.8% (±3.3 points)
2Sanford48.0% (±2.7 points)
3Casselberry40.5% (±3.7 points)
4Forest City38.0% (±5.8 points)
5Lake Mary37.1% (±5.5 points)
6Fern Park36.4% (±7.1 points)
7Longwood30.6% (±5.3 points)
8Midway (community, Seminole County)28.2% (±17.6 points)
9Heathrow27.3% (±6.3 points)
10Winter Springs23.9% (±3.6 points)
11Oviedo23.3% (±2.7 points)

Showing 11 of 15 places in Seminole County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lake Mary

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Questions about Lake Mary

How many renters are there in Lake Mary?

Lake Mary has an estimated 2,567 (±442) renting households, 37.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Mary?

In Lake Mary, the share of households that rent went from 27.6% in 2015–2019 to 37.1% in 2020–2024 (+9.5 percentage points), a measurable increase.

How big are renting households in Lake Mary?

A renting household in Lake Mary has 2.0 people on average, against 2.6 in an owned home.

How much do renters earn in Lake Mary?

The median renting household in Lake Mary, FL has an income of $84,748 (±$15,239) a year, against $132,161 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Mary city, Florida (place:38425, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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