$2,250 Per Month
- 4 Beds
- 2 Baths
- 1,600 Sq Ft
- House for Rent
520 Kennedy Dr, Lake Alfred, FL 33850
520 Kennedy Dr, Lake Alfred, FL 33850
Frequently Asked Questions
How much does it cost to rent a home in Lake Alfred, FL?
The median rent for a home in Lake Alfred, FL is $1,012 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lake Alfred, FL?
To comfortably afford the median rent in Lake Alfred, FL, a household needs to earn roughly $40,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,012 per month in Lake Alfred, FL, renters typically need to show $3,036 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lake Alfred, FL?
In Lake Alfred, FL, the price-to-rent ratio is 28.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lake Alfred, FL are best for renting a home?
The best neighborhood for renting in Lake Alfred, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lake Lucerne, North Winter Haven, Downtown Winter Haven, Inwood and East Winter Haven, each with its own character and price range.
