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Home values, rents and more in Lakeland, FL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$309,000
Metro: $296,000 · U.S.: $366,000
Home values, past year
−1.2%
Metro: −2.2% · U.S.: +1.2%
Typical rent
$1,687/mo
Metro: $1,814 · U.S.: $1,932
Rents, past year
+1.5%
Metro: +1.0% · U.S.: +2.9%
Population
119,961
ACS 2020–24
Median household income
$64,185
Metro: $65,978 · U.S.: $80,734
ZIP codes around Lakeland, FL, shaded by typical home valueLakeland338103382333809338053381133880335673381333801338033381233815
  • Under $250k
  • $250k–$280k
  • $280k–$310k
  • $310k–$370k
  • $370k+
  • No data
ZIP codes around Lakeland, FL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Lakeland is outlined.

How Lakeland compares

The typical home in Lakeland, FL is worth about $309,000, according to the Zillow Home Value Index for September 2026. Home values in Lakeland are 5% above the typical value in the Lakeland metro area ($296,000) and 15% below the U.S. typical value ($366,000).

Over the past year, home values in Lakeland fell 1.2%, compared with −2.2% in the Lakeland metro area and +1.2% nationally.

Typical rent is $1,687 a month (Zillow Observed Rent Index), 7% below the Lakeland metro area ($1,814) and 13% below the U.S. ($1,932). Rents rose 1.5% over the past year.

The median household income is $64,185, against $65,978 in the Lakeland metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 119,961 people live in Lakeland (American Community Survey 2020–24).

Lakeland has the 3rd-highest typical home value of the 20 cities in the Lakeland metro area and the 191st-lowest of 496 in Florida with Zillow figures.

Part of: Polk County, FL · Lakeland metro area · Florida

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Lakeland, FL

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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