States › Florida › Lake Park

Is Lake Park, FL expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6844% lower than U.S. average
💵 Families earn per year (2026)$76,524about $6,377/month · 12% lower than U.S. average
🔑 House price$394,40019% higher than U.S. average

Rent is higher than in 52% of U.S. cities. A typical house costs about 5.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $67,360 a year. That is $32 an hour at a full-time job.

Is rent cheaper than other Florida cities?

Yes. Rent here is cheaper than in most of Florida. It is number 133 of 479 cities from cheapest to most expensive.

Lake Park
$1,684
Williamsburg
$2,394
Orange Park
$1,453
Indian Harbour Beach
$1,922
North Merritt Island
$1,341
North Weeki Wachee
$1,837
Memphis
$1,234

How much do households earn in Lake Park?

Under $25k
14.4%
$25k–50k
25.5%
$50k–100k
34.6%
$100k–150k
13.4%
$150k+
8.7%

Share of households by yearly income. 22.1% of households earn $100,000 or more.

Rent by apartment size in Lake Park

SizeLake ParkU.S. average
1 bedroom$1,213$1,324
2 bedrooms$1,514$1,509
3 bedrooms$2,282$1,698
4 bedrooms$2,436$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Lake Park overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lake Park, so the Florida figure is shown.

Taxes and bills in Lake Park

🏛️ Property tax$3,312a year · 0.84% of home value · U.S. $3,119
⚡ Electric bill$153a month (typical) · U.S. $156

Life in Lake Park

Commute to work21.2 minU.S.: 26.4 min
College degree28.8%U.S.: 35.7%
Own their home46.5%U.S.: 65.2%
Below poverty line10.8%U.S.: 12.5%
Unemployment7.9%U.S.: 5.2%

Is it cheaper to rent or buy in Lake Park?

Renting is cheaper right now: about $1,053 a month less.

Renting
$1,684
Owning
$2,737

Owning assumes a typical $394,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,440 for the down payment.

Frequently asked questions

What is the average rent in Lake Park, FL?

Renting in Lake Park costs a median of about $1,684 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Lake Park?

To keep rent under 30% of income, you need about $67,360 a year, or $32 an hour at a full-time job.

Is Lake Park cheap or expensive?

Lake Park is rated OK: rent takes 26.4% of the typical household income of $76,524. It ranks 133rd cheapest of 479 Florida cities we track.

How much are property taxes in Lake Park?

The median homeowner in Lake Park pays $3,312 a year in property taxes, about 0.84% of the median home value.

Is Lake Park 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 Park?

The median home value in Lake Park is $394,400, about 5.2 times the typical yearly household income.

9,081 people live in Lake Park. Numbers are typical (middle) values.