Rent is higher than in 72% of U.S. cities. A typical house costs about 4.6 years of household income. Most homes (83.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $82,760 a year. That is $40 an hour at a full-time job.
Is rent cheaper than other Florida cities?
No. Rent here is more expensive than in most of Florida. It is number 282 of 479 cities from cheapest to most expensive.
How much do households earn in East Lake?
Share of households by yearly income. 39.3% of households earn $100,000 or more.
Rent by apartment size in East Lake
| Size | East Lake | U.S. average |
|---|---|---|
| 1 bedroom | $1,841 | $1,324 |
| 2 bedrooms | $1,981 | $1,509 |
| 3 bedrooms | $2,427 | $1,698 |
| 4 bedrooms | $2,627 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is East Lake overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for East Lake, so the Florida figure is shown.
Taxes and bills in East Lake
Life in East Lake
Is it cheaper to rent or buy in East Lake?
Renting is cheaper right now: about $1,317 a month less.
Owning assumes a typical $488,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,800 for the down payment.
Frequently asked questions
What is the average rent in East Lake, FL?
Renting in East Lake costs a median of about $2,069 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in East Lake?
To keep rent under 30% of income, you need about $82,760 a year, or $40 an hour at a full-time job.
Is East Lake cheap or expensive?
East Lake is rated OK: rent takes 23.2% of the typical household income of $107,131. It ranks 282nd cheapest of 479 Florida cities we track.
How much are property taxes in East Lake?
The median homeowner in East Lake pays $4,043 a year in property taxes, about 0.83% of the median home value.
Is East Lake more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in East Lake?
The median home value in East Lake is $488,000, about 4.6 times the typical yearly household income.
33,283 people live in East Lake. Numbers are typical (middle) values.