Can A Bus Driver Afford Rent in Lake Placid, FL?
Rent-burdened — rent takes 41.3% of gross income.
Lake Placid rent: June 2026. Salary: BLS OEWS May 2024 (Florida state estimate).
About rent and a bus driver salary
Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.
Cheaper rent nearby
These Florida cities have lower median rent than Lake Placid, which improves the affordability math on a bus driver salary:
Compare with full rent data for Lake Placid
View full rent data for Lake Placid, FL →Frequently asked questions
Can a bus driver afford rent in Lake Placid, FL?
Median rent in Lake Placid is $1,659 a month. A typical bus driver in Florida earns about $48,193 a year, which makes that rent 41.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a bus driver afford in Lake Placid?
Using the 30% rule, a bus driver salary in Florida (~$48,193/yr) supports up to $1,205 a month in rent. Lake Placid's current median rent is $1,659/mo, which is $454/mo over the affordability threshold.
How many hours does a bus driver work to cover rent in Lake Placid?
At an hourly equivalent of about $23 an hour, a bus driver in Florida works roughly 71.6 hours a month to cover Lake Placid's median rent of $1,659.
Where is rent cheaper than Lake Placid for a bus driver?
Nearby Florida cities with lower median rent include Crawfordville ($1,658/mo), Pensacola ($1,657/mo), Gainesville ($1,657/mo). Each shifts the affordability math materially on a bus driver salary.