States › Florida › Three Lakes

Is Three Lakes, FL expensive to live in?

ExpensiveRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,79159% higher than U.S. average
💵 Families earn per year (2026)$110,337about $9,195/month · 27% higher than U.S. average
🔑 House price$481,30045% higher than U.S. average

Rent here is among the highest 10% in the country. A typical house costs about 4.4 years of household income. Commutes are long, about 33.3 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $111,640 a year. That is $54 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 437 of 479 cities from cheapest to most expensive.

Three Lakes
$2,791
$2,042

How much do households earn in Three Lakes?

Under $25k
5.5%
$25k–50k
14.9%
$50k–100k
39.0%
$100k–150k
23.7%
$150k+
13.8%

Share of households by yearly income. 37.5% of households earn $100,000 or more.

Rent by apartment size in Three Lakes

SizeThree LakesU.S. average
1 bedroom$2,275$1,324
2 bedrooms$2,315$1,509
3 bedrooms$2,697$1,698
4 bedrooms$3,361$2,098

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

How expensive is Three Lakes 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 Three Lakes, so the Florida figure is shown.

Taxes and bills in Three Lakes

🏛️ Property tax$4,210a year · 0.87% of home value · U.S. $3,119
⚡ Electric bill$200a month (typical) · U.S. $156

Life in Three Lakes

Commute to work33.3 minU.S.: 26.4 min
College degree38.3%U.S.: 35.7%
Own their home66.6%U.S.: 65.2%
Below poverty line9.9%U.S.: 12.5%
Unemployment2.9%U.S.: 5.2%

Is it cheaper to rent or buy in Three Lakes?

Renting is cheaper right now: about $549 a month less.

Renting
$2,791
Owning
$3,340

Owning assumes a typical $481,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,130 for the down payment.

Frequently asked questions

What is the average rent in Three Lakes, FL?

Renting in Three Lakes costs a median of about $2,791 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Three Lakes?

To keep rent under 30% of income, you need about $111,640 a year, or $54 an hour at a full-time job.

Is Three Lakes cheap or expensive?

Three Lakes is rated Expensive: rent takes 30.4% of the typical household income of $110,337. It ranks 437th cheapest of 479 Florida cities we track.

How much are property taxes in Three Lakes?

The median homeowner in Three Lakes pays $4,210 a year in property taxes, about 0.87% of the median home value.

Is Three Lakes 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 Three Lakes?

The median home value in Three Lakes is $481,300, about 4.4 times the typical yearly household income.

16,888 people live in Three Lakes. Numbers are typical (middle) values.