salaryRent here is among the highest 10% in the country. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 4.7 years of household income. Most homes (86.9%) are owned, so rentals can be hard to find. It is a highly educated city: 64.2% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $113,800 a year. That is $55 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 447 of 479 cities from cheapest to most expensive.
How much do households earn in Lake Butler?
Share of households by yearly income. 62.5% of households earn $100,000 or more.
Rent by apartment size in Lake Butler
| Size | Lake Butler | U.S. average |
|---|---|---|
| 3 bedrooms | $2,476 | $1,698 |
| 4 bedrooms | $3,011 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lake Butler 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 Lake Butler, so the Florida figure is shown.
Taxes and bills in Lake Butler
Life in Lake Butler
Is it cheaper to rent or buy in Lake Butler?
Renting is cheaper right now: about $3,611 a month less.
Owning assumes a typical $930,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $93,050 for the down payment.
Frequently asked questions
What is the average rent in Lake Butler, FL?
Renting in Lake Butler costs a median of about $2,845 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Lake Butler?
To keep rent under 30% of income, you need about $113,800 a year, or $55 an hour at a full-time job.
Is Lake Butler cheap or expensive?
Lake Butler is rated Cheap: rent takes 17.3% of the typical household income of $196,826. It ranks 447th cheapest of 479 Florida cities we track.
How much are property taxes in Lake Butler?
The median homeowner in Lake Butler pays $8,220 a year in property taxes, about 0.88% of the median home value.
Is Lake Butler 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 Lake Butler?
The median home value in Lake Butler is $930,500, about 4.7 times the typical yearly household income.
17,125 people live in Lake Butler. Numbers are typical (middle) values.