Lake City, FL Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Lake City, FL
The median asking rent in Lake City, FL is $1,795 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $165,981, that rent level prices Lake City, FL at a 10.15% gross rental yield — compared with 8.28% across Florida.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Lake City, FL rent and rental yield comparison
The current Lake City, FL baseline is $1,795 median asking rent and 10.15% gross rental yield. Compare rent, yield, and home values with selected Florida metros, then open a public report or Rental Insights for property-level follow-up.
Miami-Fort Lauderdale-West Palm Beach, FL
Miami-Fort Lauderdale-West Palm Beach, FL median asking rent is $3,400, $1,605 (89.4%) higher than the $1,795 median asking rent in Lake City, FL.
- Median rent
- $3,400
- Gross yield
- 7.95%
- Avg home value
- $524,102
Tampa-St. Petersburg-Clearwater, FL
Tampa-St. Petersburg-Clearwater, FL median asking rent is $2,399, $604 (33.6%) higher than the $1,795 median asking rent in Lake City, FL.
- Median rent
- $2,399
- Gross yield
- 8.44%
- Avg home value
- $328,449
Orlando-Kissimmee-Sanford, FL
Orlando-Kissimmee-Sanford, FL median asking rent is $2,400, $605 (33.7%) higher than the $1,795 median asking rent in Lake City, FL.
- Median rent
- $2,400
- Gross yield
- 7.68%
- Avg home value
- $371,973
Cape Coral-Fort Myers, FL
Cape Coral-Fort Myers, FL median asking rent is $2,200, $405 (22.6%) higher than the $1,795 median asking rent in Lake City, FL.
- Median rent
- $2,200
- Gross yield
- 8.79%
- Avg home value
- $305,715
Sebring, FL
Sebring, FL median asking rent is $1,650, $145 (8.1%) lower than the $1,795 median asking rent in Lake City, FL.
- Median rent
- $1,650
- Gross yield
- 9.58%
- Avg home value
- $206,363
Palatka, FL
Palatka, FL median asking rent is $1,500, $295 (16.4%) lower than the $1,795 median asking rent in Lake City, FL.
- Median rent
- $1,500
- Gross yield
- 11.89%
- Avg home value
- $127,142
Tallahassee, FL
Tallahassee, FL median asking rent is $1,800, $5 (0.3%) higher than the $1,795 median asking rent in Lake City, FL.
- Median rent
- $1,800
- Gross yield
- 9.42%
- Avg home value
- $224,864
Arcadia, FL
Arcadia, FL median asking rent is $1,800, $5 (0.3%) higher than the $1,795 median asking rent in Lake City, FL.
- Median rent
- $1,800
- Gross yield
- 9.82%
- Avg home value
- $250,255
Lake City, FL rent and yield FAQ
Quick answers based on the latest Lake City, FL rental listing and transaction data.
What is the average rent in Lake City, FL?
As of July 2026, the median asking rent in Lake City, FL is $1,795. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Lake City, FL?
Lake City, FL currently prices at a 10.15% gross rental yield, versus 8.28% across Florida. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Lake City, FL market context to property-level screening
Open Rental Insights with Lake City, FL selected, then pair the yield signal with investor activity and rental data workflows.