Market Summary

Lakeland, Polk County, FL

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Median Home Price Price

$310,074 $310.1K

Median Monthly Rent Rent

$1,716 $1.7K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Polk County

Region Price Rent GRM Display
$287,069 $1,428 17.0x
$280,211 $1,493 16.0x
$214,074 $1,090 16.0x
$278,728 $1,413 16.0x
$303,303 $1,351 19.0x
$300,469 $1,376 18.0x
$242,904 $1,423 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within FL outside of Polk County

Region Price Rent GRM Display
$324,565 $1,875 14.0x
$375,838 $2,070 15.0x
$371,503 $2,241 14.0x
$302,121 $1,390 18.0x
$333,683 $1,777 16.0x
$450,188 $2,240 17.0x
$293,487 $1,431 17.0x
$237,595 $1,190 17.0x
$392,566 $2,358 14.0x
$283,984 $1,668 14.0x
$321,487 $1,835 15.0x
$463,301 $2,476 16.0x
$391,013 $2,066 16.0x
$292,447 $1,560 16.0x
$268,932 $1,596 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of FL

Region Price Rent GRM Display
$306,575 $1,889 14.0x
$272,140 $2,144 11.0x
$303,097 $1,779 14.0x
$294,232 $1,854 13.0x
$366,131 $2,423 13.0x
$308,042 $1,849 14.0x
$315,981 $1,539 17.0x
$429,511 $1,829 20.0x
$332,988 $1,741 16.0x
$262,873 $1,559 14.0x
$297,503 $1,850 13.0x
$226,902 $1,857 10.0x
$243,849 $1,576 13.0x
$269,255 $1,847 12.0x
$313,191 $1,953 13.0x
$365,858 $2,169 14.0x
$380,478 $2,180 15.0x
$347,556 $1,818 16.0x

Home prices

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Monthly rent

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GRM

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Lakeland

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Trend Insights

Median Rent in Lakeland, FL is $1,716, with MoM change +$7 and YoY change +$6 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lakeland, FL.

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Metric
Base market Lakeland, FL
Compare market Select a market
Delta vs base
Median rent
$1,716
N/A
Median price
$310,074
N/A
YoY change
+$6
N/A
Price-to-rent
15.1x
Data unavailable
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