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Studio Apartments for Rent in Mount Dora, FL

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    Starting at $1,179 Per Month

    • Studio - 2 Beds

    31900 Sailor Loop, Mount Dora, FL 32757

    Located on the shores of beautiful Lake Saunders in Mount Dora, FL, Lake Saunders Reserve is the perfect combination of tranquility and convenience. Experience unrivaled, serene lakeside living at an affordable price. Lake Saunders Reserve is proud to provide apartment homes for those who are 55 and older*You’ve waited long enough for a modern apartment home with the finishes you expect

    Saunders Lakefront Living

    31900 Sailor Loop, Mount Dora, FL 32757

Why Live in Mount Dora

Mount Dora, located in Lake County, Florida, is a small city with a population of around 18,000, situated approximately 40 miles northwest of Orlando. Known for its elevated lakefront plateau, Mount Dora offers scenic views and a vibrant downtown area. The city hosts numerous annual festivals, including the popular Mount Dora Arts Festival and the Antiques and Collectors Extravaganza. Downtown features brick-accented streets lined with mature live oaks and Spanish moss, bustling with family-owned restaurants and shops. Historic homes in Mount Dora display diverse architectural styles such as Frame Vernacular, ranch-style, cottage homes, Spanish Revivals, and Craftsman bungalows. New construction continues on the city's east side, including the Wolf Branch Innovation District, which will bring multifamily housing and employment opportunities. Palm Island Park, with its cabbage palms and bald cypress trees, offers a unique nature preserve experience, while Lincoln Avenue Community Park provides sporty amenities. Mount Dora Christian Academy is a highly rated private school option, and the city is served by Lake County Schools. The Mount Dora Police Department, recognized as the first fully accredited law enforcement agency in the nation, contributes to the city's lower crime rates compared to the national average. Flood insurance is recommended due to the city's central Florida location and hurricane season risks. U.S. Highway 441 connects Mount Dora to Orlando and nearby Taveras, with public transit available through the LakeXpress bus line.

Frequently Asked Questions

How much does it cost to rent a home in Mount Dora, FL?
The median rent for a home in Mount Dora, FL is $2,057 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Mount Dora, FL?
To comfortably afford the median rent in Mount Dora, FL, a household needs to earn roughly $82,280 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 $2,057 per month in Mount Dora, FL, renters typically need to show $6,171 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 Mount Dora, FL?
In Mount Dora, FL, the price-to-rent ratio is 18.0, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,057
Median Single Family Home Rent
$2,033
Median Townhouse Rent
$1,550
Median Condo Rent
$1,795
How to Rent a Home