The median home in Lakeland, Florida is valued at $306,505, down 3.4% year over year. Typical monthly rent is $1,683, producing a price-to-rent ratio of 15.2x — near the national average of 18x. Lakeland is part of the Lakeland-Winter Haven, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Lakeland-Winter Haven, FL stress score, crash risk, and 12-month forecast →

Home Value$306,505

-3.4%

Rent$1,683/mo

AFFORDABILITY

Enter your income for Lakeland.

Income (annual)

Down Payment

$61,301 on $306,505

Stretch — 33.9% of income

Above 28% but manageable with cuts.

PITI$2,120

P/I33.9%

Afford$253K

Gap-$53K

P&I $1,550Tax $220Ins $350

Renting $437/mo cheaper ($1,683 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Lakeland with other housing markets across Florida.

Jupiter Island$9494K Golden Beach$7499K Fisher Island$6393K Lake Buena Vista$6088K Jupiter Inlet Colony$3619K Manalapan$3569K Golf$2871K Boca Grande$2635K

Full Lakeland-Winter Haven, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Lakeland-Winter Haven, FL metro.

View Lakeland-Winter Haven, FL metro →

LAKELAND, FL