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Lake County Housing Market

Florida · 67 counties · Ranked #2605 in home value

Above National Avg

Housing at a Glance

Median Home Value

$287,900

vs national+$287,900 vs $281,900 national

Median Gross Rent

$1,468/mo

vs national+$1,468 vs $1,163 national

Effective Tax Rate

0.79%

vs national0.79% vs 1.02% national

Median Household Income

$69,956

vs national$69,956 vs $74,755 national

Affordability Ratio

4.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

33.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,284

Tax as % of Home Value

0.79%

Monthly Owner Cost

$1,096

Renter Income

$50,723

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Lake County?

The median home value in Lake County is $287,900. This is above the national median of $281,900.

How much is rent in Lake County?

The median gross rent in Lake County is $1,468 per month.

What is the property tax rate in Lake County?

The effective property tax rate in Lake County is 0.79%. The median annual property tax bill is $2,284.

Is Lake County affordable?

With a home-value-to-income ratio of 4.1x, Lake County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.