Starting at $1,941
Total Monthly Price
- 1 - 2 Beds
1340 Azalea Reserve Loop, Lake Mary, FL 32746
Azalea Lake Mary
Frequently Asked Questions
How much does it cost to rent a home in Lake Mary, FL?
The median rent for a home in Lake Mary, FL is $2,047 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Lake Mary, FL?
To comfortably afford the median rent in Lake Mary, FL, a household needs to earn roughly $81,880 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 $2,047 per month in Lake Mary, FL, renters typically need to show $6,141 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 Mary, FL?
In Lake Mary, FL, the price-to-rent ratio is 19.5, 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 Mary, FL are best for renting a home?
The best neighborhood for renting in Lake Mary, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Greenwood Lakes, Alaqua, Longwood Lakes, Dreamworld and Highlands, each with its own character and price range.
