What is the median rent in Lake Placid, FL?

Name: Median rent in Lake Placid, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Lake Placid, FL is $1,046 (±$200) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 428 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Lake Placid, the median gross rent went from $706 in 2015–2019 to $1,046 in 2020–2024 (+48.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $1,046 (±$200)
Rented homes: 428 (±108)
$2,000 or more: 8.2%
Since 2015–2019: +48.2%

How much rent costs in Lake Placid

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Lake Placid	Highlands County	Florida	United States
Less than $500	0.9% (±2.2 points)	7.8%	3.6%	6.3%
$500 to $999	46.0% (±17.0 points)	39.3%	10.7%	20.2%
$1,000 to $1,499	41.6% (±15.9 points)	35.9%	26.0%	28.1%
$1,500 to $1,999	3.3% (±3.9 points)	9.9%	28.8%	21.1%
$2,000 to $2,499	5.6% (±8.6 points)	4.4%	17.4%	12.0%
$2,500 to $2,999	2.6% (±3.2 points)	1.2%	7.2%	5.5%
$3,000 or more	0.0% (±11.5 points)	1.5%	6.3%	6.8%

The most common range is $500 to $999, paid by 46.0% of renting households.

8.2% of rented homes in Lake Placid cost $2,000 or more a month.

Lake Placid against Highlands County, its state and the nation

Estimate (90% margin of error)
	Lake Placid	Highlands County	Florida	United States
Median gross rent	$1,046 (±$200)	$1,035 (±$52)	$1,669 (±$5)	$1,413
Rented homes paying rent	428 (±108)	9,272 (±705)	2,716,443 (±16,958)	42,849,984

In Lake Placid, median gross rent is not measurably different from Highlands County ($1,035).

It is also lower than in Florida ($1,669).

It is lower than the national figure ($1,413).

In Highlands County, Lake Placid ranks 1 of 3 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 673 of 793.

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

How rent in Lake Placid has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$706 (±$86)	$1,046 (±$200)	+48.2%	No measurable change after inflation
Households that rent	46.1% (±11.3 points)	42.7% (±10.5 points)	−3.4 percentage points	Not a measurable change
Rental vacancy rate	25.7% (±15.7 points)	5.5% (±6.7 points)	−20.2 percentage points	Measurable decrease

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.

Median gross rent in places near Lake Placid

Nearest places with a published estimate, compared with Lake Placid
Place	Distance	Median gross rent	Compared with this place
Lake Placid	—	$1,046 (±$200)	—
Sebring	13 mi	$1,019 (±$74)	Not measurably different
Avon Park	22 mi	$921 (±$111)	Not measurably different
Zolfo Springs	29 mi	$967 (±$561)	Not measurably different
Arcadia	30 mi	$956 (±$65)	Not measurably different
Southeast Arcadia	31 mi	$939 (±$102)	Not measurably different
Wauchula	32 mi	$1,017 (±$142)	Not measurably different
Frostproof	32 mi	$697 (±$337)	Not measurably different
Okeechobee	34 mi	$1,061 (±$97)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Median gross rent across Highlands County, place by place

Rank	Place	Median gross rent
1	Lake Placid	$1,046 (±$200)
2	Sebring	$1,019 (±$74)
3	Avon Park	$921 (±$111)

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 Placid

What is the average rent in Lake Placid, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Lake Placid is $1,046 (±$200) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Lake Placid?

In Lake Placid, the median gross rent went from $706 in 2015–2019 to $1,046 in 2020–2024 (+48.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Lake Placid cost more than $2,000 a month?

8.2% of rented homes in Lake Placid have a gross rent of $2,000 or more a month, and 0.9% cost less than $500.

Is rent in Lake Placid higher than in Highlands County?

In Lake Placid, median gross rent is not measurably different from Highlands County ($1,035).

It is also lower than in Florida ($1,669).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

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) for Lake Placid town, Florida (place:38625, in state:12).

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

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

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.