What is the rental vacancy rate in Lake Park, FL?
The rental vacancy rate in Lake Park, FL is 5.5% (±5.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 3.1% (±5.0 points).
400 (±166) homes, 11.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Lake Park, the rental vacancy rate went from 8.4% in 2015–2019 to 5.5% in 2020–2024 (−2.9 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.5% (±5.4 points)
- Homeowner vacancy rate
- 3.1% (±5.0 points)
- Vacant homes
- 400 (±166)
Vacancy in Lake Park against Palm Beach County, its state and the nation
| Lake Park | Palm Beach County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.5% (±5.4 points) | 7.3% (±0.6 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 3.1% (±5.0 points) | 1.5% (±0.2 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 400 (±166) | 114,033 (±2,755) | 1,503,660 (±20,826) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Lake Park, the rental vacancy rate is not measurably different from Palm Beach County (7.3%).
It is not measurably different from Florida (7.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Lake Park
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Lake Park | — | 5.5% (±5.4 points) | — |
| Riviera Beach | 1.4 mi | 13.8% (±4.6 points) | Higher |
| North Palm Beach | 1.5 mi | 6.8% (±6.5 points) | Not measurably different |
| Palm Beach Shores | 2.6 mi | 28.1% (±15.4 points) | Higher |
| Mangonia Park | 2.9 mi | 8.5% (±5.0 points) | Not measurably different |
| Juno Ridge | 3.4 mi | 8.8% (±14.1 points) | Not measurably different |
| Cabana Colony | 4.0 mi | 1.3% (±4.7 points) | Not measurably different |
| Juno Beach | 5.2 mi | 24.5% (±11.5 points) | Higher |
| West Palm Beach | 5.3 mi | 8.9% (±1.5 points) | Not measurably different |
Nearby places with a measurably higher figure: Riviera Beach, FL (13.8%), Palm Beach Shores, FL (28.1%), Juno Beach, FL (24.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Palm Beach County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 23 | North Palm Beach | 6.8% (±6.5 points) |
| 24 | Jupiter | 6.3% (±2.6 points) |
| 25 | Pahokee | 6.0% (±8.0 points) |
| 26 | Boca Raton | 5.9% (±1.5 points) |
| 27 | Westgate | 5.8% (±4.5 points) |
| 28 | Palm Springs | 5.6% (±2.8 points) |
| 29 | Lake Park | 5.5% (±5.4 points) |
| 30 | Belle Glade | 5.4% (±2.8 points) |
| 31 | Pine Air | 4.7% (±7.9 points) |
| 32 | Greenacres | 4.5% (±3.0 points) |
| 33 | South Bay | 3.6% (±6.0 points) |
| 34 (tie) | Royal Palm Beach | 2.1% (±3.4 points) |
| 34 (tie) | The Acreage | 2.1% (±3.0 points) |
Showing 13 of 54 places in Palm Beach 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.
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Questions about Lake Park
Is it hard to find a rental in Lake Park?
The rental vacancy rate in Lake Park, FL is 5.5% (±5.4 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Lake Park tighter than it was?
In Lake Park, the rental vacancy rate went from 8.4% in 2015–2019 to 5.5% in 2020–2024 (−2.9 percentage points), not a measurable change.
How many homes are vacant in Lake Park?
An estimated 400 (±166) housing units, 11.8% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Park town, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Park town, Florida
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) for Lake Park town, Florida (place:38600, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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 .
Related
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- Population growth in Lake Park
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- Fair Market Rent in Lake Park
- Florida landlord and tenant rules
- Housing across Palm Beach County
- Florida places ranked by rental vacancy rate
- Housing data for every place in Florida