RentDataNowRentDataNow
City Report · FL

Lake Alfred

Pop. 7,277·164th most expensive in Florida·Rental market data updated monthly for Lake Alfred, FL
Median rent (all units)
$2,074/mo
Year-over-Year
Stable
Month-over-Month
-7.0%
vs US Median
+$109
Falling (Monthly)
Be the first to discuss Lake Alfred rents ↓
Most AffordableMost Expensive
Lake Alfred · $2,074
More expensive than 63% of US cities · National median $1,965/mo
Affordability
37% of income
MODERATE
0%30% benchmark60%+

At $2,074/mo, rent takes about 37% of the local median household income, slightly above the 30% benchmark.

Income to afford
$83,000/yr
Local median income
$67,202/yr
Based on the 30%-of-income rule using Lake Alfred's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$920
1 BR
$920
2 BR
$1,130
3 BR
$1,520
4 BR+
$1,910
Research median
$1,130/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$24,888/yr
At $2,074/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, -7.0% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Lake Alfred, FL is majority owner-occupied, has a large share of families with children, 24.4% of residents hold a bachelor's degree or higher.

Population
7,277
Median income
$67,202
Median age
33.8
Renters
29.9%
Age distribution
25.4%
26.3%
21.1%
16.7%
Under 1825.4%
18–3426.3%
35–5421.1%
55–6410.5%
65+16.7%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
52.7%
30.3%
White52.7%
Black11.8%
Hispanic30.3%
Asian5.2%
Education (25+)
13.4%
38.6%
23.6%
24.4%
No HS diploma13.4%
HS diploma38.6%
Some college23.6%
Bachelor's+24.4%
Housing tenure
70.1%
29.9%
Owner70.1%
Renter29.9%

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

2021 vs 2026

How Lake Alfred, FL has changed in 5 years

Income
$48,203 → $67,202
up 39.4%
Population
6,196 → 7,277
up 17.4%
Renter share
28% → 29.9%
+1.9 pts
Bachelor's+
14.6% → 24.4%
+9.8 pts
Median age
38.5 → 33.8
-4.7 yrs

Median household income climbed from $48,203 to $67,202 between 2021 and 2024, a 39.4% shift. Census counts show Lake Alfred, FL adding about 1,081 residents over the five-year window, up 17.4% on net. The renter share has risen from 28% to 29.9%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 14.6% to 24.4% across the same window.

Community

Discussions about Lake Alfred

No discussions yet. Start the conversation.

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

Can you afford rent in Lake Alfred on your salary?

At $2,074/mo, how Lake Alfred rent compares to typical pay (30% rule).

By apartment size

Lake Alfred rent by bedroom count

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

Local insights

Tips for renters in Lake Alfred

About renting in Lake Alfred, FL

Last updated: July 20, 2026

The median rent in Lake Alfred is $2,074/mo as of July 2026. A studio apartment averages $920/mo while a 2-bedroom runs $1,130/mo. One-bedroom apartments average $920/mo and 3-bedroom units go for $1,520/mo.

At 37% of local median household income ($67,202/yr), Lake Alfred ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Lake Alfred an affordable city for renters?

Lake Alfred is considered moderate for renters. At $2,074/mo, rent takes approximately 37% of the local median household income ($67,202/yr). The standard benchmark is 30%. Lake Alfred slightly exceeds that threshold, so budgeting carefully matters here.

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

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,074/mo in Lake Alfred. The local median household income is $67,202/yr, meaning the typical Lake Alfred household falls short of that threshold.

Is rent going up or down in Lake Alfred?

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

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

Lake Alfred is middle-of-the-pack for Florida for rent, ranking #164 out of 288 tracked cities at $2,074/mo.

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

Several nearby cities have lower median rents than Lake Alfred ($2,074/mo): Winter Haven ($1,756/mo), Polk City ($1,768/mo), Haines City ($2,018/mo).

What percentage of Lake Alfred residents rent vs. own?

According to Census data, approximately 29.9% of Lake Alfred households are renters, while 70.1% are owner-occupied. Lake Alfred leans toward homeownership, which can mean a smaller rental inventory.

How does Lake Alfred rent compare to the national average?

Lake Alfred's median rent of $2,074/mo is $109 (6%) above the US national median of $1,965/mo. Within Florida, it ranks #164 out of 288 tracked cities.
Income Affordability
37%
MODERATE

At $2,074/mo, rent takes ~37% of Lake Alfred's median household income ($67,202/yr). The standard benchmark is 30%.

Lake Alfred 37%Benchmark 30%
State income taxNone
Run the Lake Alfred affordability calculator →
Lowest-rent ZIP codes in Lake Alfred
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lake Alfred, FL

Recent submissions

Be the first to submit your rent for Lake Alfred.

Recent discussions

No discussions yet.