Lake Somerset, Polk County, FL Housing Trends, Rent, Price-to-Rent

Market Summary

Lake Somerset, Polk County, FL

Median Home Price Price

$272,732 $272.7K

Median Monthly Rent Rent

$1,860 $1.9K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Lake Somerset, FL is $1,860, with MoM change +$6 and YoY change +$4 pointing to positive momentum while volatility is low (std $10).

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Metric

Base market Lake Somerset, FL

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Delta vs base

Median rent

$1,860

N/A

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Median price

$272,732

N/A

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YoY change

+$4

N/A

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Price-to-rent

12.2x

Data unavailable

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