2026 Affordability Data
Most Affordable Neighborhoods in Lake - 2026 Data
The median home value in Lake is $162,500, 42% below nat'l avg. Median rent is $1,004/month. With an affordability index of 117, Lake is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Lake, FL area.
Key Takeaways: Affordability in Lake
- 1The most affordable neighborhood in Lake is Sanford, with a median home value of $77,800.
- 2Lake's median home value is $162,500, 42% below nat'l avg (national: $281,900).
- 3Lake's affordability index is 117 (baseline 100), making it more affordable than the national average.
- 4Median rent in Lake is $1,004/month, 14% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Lake to find the most affordable areas based on home values, rent, and affordability index.
Lake Affordability Overview
Median Home Value
$162,500
42% below nat'l avg
Median Rent
$1,004/mo
14% below nat'l avg
Median Income
$46,266
38% below nat'l avg
Affordability Index
117
17% above nat'l avg
Most Affordable Neighborhoods in Lake (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | SanfordFL | $77,800 |
| 2 | AuburndaleFL | $229,400 |
| 3 | North Palm Beach villageFL | $418,100 |
| 4 | Haines CityFL | $222,100 |
| 5 | SeminoleFL | $279,000 |
| 6 | BartowFL | $195,200 |
| 7 | Belle GladeFL | $136,500 |
| 8 | SebringFL | $152,000 |
| 9 | LakelandFL | $207,800 |
| 10 | MinneolaFL | $348,700 |
| 11 | Holly HillFL | $155,600 |
| 12 | North LauderdaleFL | $234,300 |
| 13 | West ParkFL | $305,400 |
| 14 | Wellington villageFL | $492,300 |
| 15 | Lake WalesFL | $208,500 |
Detailed Neighborhood Profiles
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
Home Value: $229,400
Rent: $776/mo
Affordability: 214
Population: 16,432
Home Value: $418,100
Rent: $776/mo
Affordability: 214
Population: 13,092
4
Home Value: $222,100
Rent: $776/mo
Affordability: 214
Population: 28,922
5
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
6
Home Value: $195,200
Rent: $776/mo
Affordability: 214
Population: 19,424
7
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
8
Home Value: $152,000
Rent: $776/mo
Affordability: 214
Population: 11,006
9
Home Value: $207,800
Rent: $776/mo
Affordability: 214
Population: 114,404
10
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
11
Home Value: $155,600
Rent: $776/mo
Affordability: 214
Population: 12,919
12
Home Value: $234,300
Rent: $776/mo
Affordability: 214
Population: 44,635
13
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
14
Home Value: $492,300
Rent: $776/mo
Affordability: 214
Population: 61,373
15
Home Value: $208,500
Rent: $776/mo
Affordability: 214
Population: 16,455
Frequently Asked Questions About Affordability in Lake
What is the most affordable neighborhood in Lake, FL?▾
Based on 2026 data, Sanford is the most affordable neighborhood in Lake with a median home value of $77,800. Kurby analyzed 15 neighborhoods in the Lake area to compile these rankings.
What is the median home price in Lake, FL?▾
The median home price in Lake is $162,500, which is 42% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Lake affordable compared to the national average?▾
Lake has an affordability index of 117, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Lake, FL?▾
The median monthly rent in Lake is $1,004. This is 14% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Lake?▾
The median household income in Lake is $46,266 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Lake are below the national average home price?▾
11 out of 15 ranked neighborhoods in Lake have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).