salaryRent is higher than in 87% of U.S. cities. A typical house costs about 5.1 years of household income. Most homes (80%) are owned, so rentals can be hard to find. It is a highly educated city: 60.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $102,720 a year. That is $49 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 405 of 479 cities from cheapest to most expensive.
How much do households earn in Lakewood Ranch?
Share of households by yearly income. 48.9% of households earn $100,000 or more.
Rent by apartment size in Lakewood Ranch
| Size | Lakewood Ranch | U.S. average |
|---|---|---|
| Studio | $2,341 | $1,338 |
| 1 bedroom | $2,184 | $1,324 |
| 2 bedrooms | $2,354 | $1,509 |
| 3 bedrooms | $2,719 | $1,698 |
| 4 bedrooms | $3,332 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lakewood Ranch overall?
Everyday prices in the North Port-Bradenton-Sarasota metro area are 2% above the U.S. average (index 102.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Lakewood Ranch
Life in Lakewood Ranch
What jobs pay in Lakewood Ranch
| Job | Median pay | Rent / pay |
|---|---|---|
| Physician Assistant | $142,510 | 21.6% |
| Pharmacist | $138,760 | 22.2% |
| Lawyer | $136,910 | 22.5% |
| Nurse Practitioner | $134,470 | 22.9% |
| Software Developer | $131,890 | 23.4% |
| Computer Systems Analyst | $98,350 | 31.3% |
| Dental Hygienist | $95,930 | 32.1% |
| Operations Manager | $94,900 | 32.5% |
| Civil Engineer | $86,170 | 35.8% |
| Registered Nurse | $86,130 | 35.8% |
| Accountant | $81,090 | 38.0% |
| Police Officer | $75,820 | 40.6% |
| Market Research Analyst | $73,260 | 42.1% |
| Licensed Practical Nurse | $63,770 | 48.3% |
| Elementary School Teacher | $62,370 | 49.4% |
| Firefighter | $62,120 | 49.6% |
| HVAC Technician | $59,070 | 52.2% |
| Plumber | $58,150 | 53.0% |
| Carpenter | $52,000 | 59.3% |
| Electrician | $51,930 | 59.3% |
| Truck Driver | $50,890 | 60.6% |
| Medical Assistant | $45,620 | 67.5% |
| Customer Service Representative | $42,310 | 72.8% |
| Nursing Assistant | $39,950 | 77.1% |
| Warehouse Worker | $38,790 | 79.4% |
| Restaurant Cook | $37,440 | 82.3% |
| Server (Waiter/Waitress) | $36,660 | 84.1% |
| Retail Salesperson | $35,160 | 87.6% |
| Cashier | $31,240 | 98.6% |
Is it cheaper to rent or buy in Lakewood Ranch?
Renting is cheaper right now: about $2,138 a month less.
Owning assumes a typical $678,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $67,820 for the down payment.
Frequently asked questions
What is the average rent in Lakewood Ranch, FL?
Renting in Lakewood Ranch costs a median of about $2,568 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Lakewood Ranch?
To keep rent under 30% of income, you need about $102,720 a year, or $49 an hour at a full-time job.
Is Lakewood Ranch cheap or expensive?
Lakewood Ranch is rated OK: rent takes 23.2% of the typical household income of $132,575. It ranks 405th cheapest of 479 Florida cities we track.
How much are property taxes in Lakewood Ranch?
The median homeowner in Lakewood Ranch pays $6,908 a year in property taxes, about 1.02% of the median home value.
Is Lakewood Ranch more expensive than the national average?
Overall prices in the metro area are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Lakewood Ranch?
The median home value in Lakewood Ranch is $678,200, about 5.1 times the typical yearly household income.
43,945 people live in Lakewood Ranch. Numbers are typical (middle) values.