$2,300 Per Month
- 4 Beds
- 2 Baths
- 1,830 Sq Ft
- House for Rent
687 Griffon Ave, Lake Alfred, FL 33850
687 Griffon Ave, Lake Alfred, FL 33850
Frequently Asked Questions
How much does it cost to rent a single-family home in Lake Alfred, FL?
The median rent for a single-family home in Lake Alfred, FL is $2,150 per month, though prices vary by neighborhood, size, and property type. As of July 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 $88,000 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 $2,200 per month in Lake Alfred, FL, renters typically need to show $6,600 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 12.7, 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 single-family 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 single-family home include Lake Lucerne, North Winter Haven, Downtown Winter Haven, East Winter Haven and Inwood, each with its own character and price range.
