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City Report · FL

Eagle Lake

Pop. 3,893·203rd most expensive in Florida·Rents have been falling, good time to negotiate
Median rent (all units)
$1,950/mo
Year-over-Year
Stable
Month-over-Month
-5.5%
vs US Median
-$12
Falling (Monthly)
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Most AffordableMost Expensive
Eagle Lake · $1,950
More expensive than 55% of US cities · National median $1,962/mo
Affordability
33% of income
MODERATE
0%30% benchmark60%+

At $1,950/mo, rent takes about 33% of the local median household income, slightly above the 30% benchmark.

Income to afford
$78,000/yr
Local median income
$70,523/yr
Based on the 30%-of-income rule using Eagle Lake's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

2 BR
$1,400
3 BR
$1,854
Fair Market Rent (HUD)
$1,400/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,950 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$23,400/yr
At $1,950/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.5% MoM), not inventory.
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Demographics

Who lives here

Eagle Lake, FL is majority owner-occupied, has a large share of families with children, 18.5% of residents hold a bachelor's degree or higher.

Population
3,893
Median income
$70,523
Median age
30.7
Renters
24.1%
Age distribution
33.9%
25.3%
25.4%
Under 1833.9%
18–3425.3%
35–5425.4%
55–649.8%
65+5.6%
Gender
55%
45%
Male55%
Female45%
Race & ethnicity
53.7%
16.3%
32%
White53.7%
Black16.3%
Hispanic32%
Asian0.6%
Education (25+)
31.1%
40.3%
18.5%
No HS diploma10%
HS diploma31.1%
Some college40.3%
Bachelor's+18.5%
Housing tenure
75.9%
24.1%
Owner75.9%
Renter24.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Eagle Lake, FL has changed in 5 years

Income
$59,926 → $70,523
up 17.7%
Population
2,984 → 3,893
up 30.5%
Renter share
22.1% → 24.1%
+2.0 pts
Bachelor's+
15.5% → 18.5%
+3.0 pts
Median age
34.8 → 30.7
-4.1 yrs

Census figures show median household income at $70,523 today, compared with $59,926 five years earlier. The population has grown by 30.5% since 2021, moving from about 2,984 residents to roughly 3,893. Renters now make up 24.1% of households, compared with 22.1% five years ago. College-educated residents now make up 18.5% of adults here, versus 15.5% in 2021.

Community

Discussions about Eagle Lake

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View Eagle Lake rent history (2015–2026) →
Salary vs rent

Can you afford rent in Eagle Lake on your salary?

At $1,950/mo, how Eagle Lake rent compares to typical pay (30% rule).

By apartment size

Eagle Lake rent by bedroom count

Median rent for each apartment size in Eagle Lake. Click any size for full breakdown.

Local insights

Tips for renters in Eagle Lake

About renting in Eagle Lake, FL

Last updated: August 17, 2026

The median rent in Eagle Lake is $1,950/mo as of August 2026. a 2-bedroom runs $1,400/mo and 3-bedroom units go for $1,854/mo.

At 33% of local median household income ($70,523/yr), Eagle Lake ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Eagle Lake an affordable city for renters?

Eagle Lake is considered moderate for renters. At $1,950/mo, rent takes approximately 33% of the local median household income ($70,523/yr). The standard benchmark is 30%. Eagle Lake slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Eagle Lake?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,950/mo in Eagle Lake. The local median household income is $70,523/yr, meaning the typical Eagle Lake household falls short of that threshold.

Is rent going up or down in Eagle Lake?

Rent in Eagle Lake has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Eagle Lake rent compare to other cities in Florida?

Eagle Lake is one of the more affordable cities in Florida for rent, ranking #203 out of 291 tracked cities at $1,950/mo.

Which nearby cities are cheaper to rent in than Eagle Lake?

Several nearby cities have lower median rents than Eagle Lake ($1,950/mo): Winter Haven ($1,728/mo), Bartow ($1,790/mo).

What percentage of Eagle Lake residents rent vs. own?

According to Census data, approximately 24.1% of Eagle Lake households are renters, while 75.9% are owner-occupied. Eagle Lake leans toward homeownership, which can mean a smaller rental inventory.

How does Eagle Lake rent compare to the national average?

Eagle Lake's median rent of $1,950/mo is $12 (1%) below the US national median of $1,962/mo. Within Florida, it ranks #203 out of 291 tracked cities.
Income Affordability
33%
MODERATE

At $1,950/mo, rent takes ~33% of Eagle Lake's median household income ($70,523/yr). The standard benchmark is 30%.

Eagle Lake 33%Benchmark 30%
State income taxNone
Run the Eagle Lake affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Eagle Lake, FL

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