Rentometer, Inc. | Data as of 10/22/2025
Lake City’s rental market offers a diverse mix of housing options that cater to students, families, and professionals alike. Tenants can choose from modern two‑bedroom apartments in the revitalized downtown district, where historic brick streets are lined with cafés, boutique shops, and easy access to the historic downtown theater. For those seeking more space, a range of single‑family homes is available throughout neighborhoods such as North Lake City and the Westside, providing quiet streets and convenient proximity to schools, grocery centers, and the Lake City Campus of the Florida State College.
Rental rates reflect the variety of property types. Two‑bedroom apartments typically fall in the $1100–$1200 range, while comparable two‑bedroom houses generally land in the $1300–$1350 bracket. Larger families looking for three‑bedroom homes can expect rents around the $1900 range, and spacious four‑plus‑bedroom houses often occupy the $2600 range, offering ample room for multi‑generational living or home‑office setups. These price points make Lake City an attractive choice for renters seeking affordability without sacrificing access to local amenities.
Beyond housing, Lake City boasts a vibrant community life anchored by attractions such as the Florida Agricultural Museum, the historic Union Depot, and the nearby Ichetucknee Springs State Park, famous for its crystal‑clear tubing waters. Easy access to Interstate 75 and U.S. Route 41 ensures convenient commutes to larger metros while preserving the small‑town charm that draws new residents each year. Whether you’re looking for a cozy apartment near downtown nightlife or a spacious house close to outdoor recreation, Lake City’s rental market provides options that suit a wide range of lifestyles.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,155 | $1,190 | $1,050 - $1,190 | $1,190 - $1,190 |
| House | 2 Bedroom | $1,336 | $1,350 | $1,280 - $1,350 | $1,350 - $1,350 |
| House | 3 Bedroom | $1,936 | $1,872 | $1,300 - $3,000 | $1,675 - $2,200 |
| House | 4+ Bedroom | $2,620 | $2,495 | $1,995 - $3,495 | $2,395 - $3,495 |
In the current period, the average rent in Lake City was
$1,256 for 2 Bedroom,
$1,937 for 3 Bedroom, and
$2,620 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.