New Apartments for Rent in Lake Mary, FL Under $700 (1 Rental)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Lake Mary, FL Local Guide

How much does it cost to rent an apartment in Lake Mary?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Mary Studio Apartments | $1,526 | $1,245 | $1,724 |
Lake Mary 1 Bedroom Apartments | $1,721 | $984 | $3,655 |
Lake Mary 2 Bedroom Apartments | $2,018 | $1,174 | $4,680 |
Lake Mary 3 Bedroom Apartments | $2,421 | $1,355 | $4,837 |
Lake Mary 4 Bedroom Apartments | $2,584 | $1,588 | $3,959 |
Explore Lake Mary
Lake Mary, FL Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Lake Mary, FL
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about New Lake Mary Apartments
What is the Cheapest New apartment in Lake Mary?
Currently the most affordable New Apartment in Lake Mary is at The Waverly at Winter Haven listed at $1,480.
How much is the average rent for a New Lake Mary Apartment?
The average rent for a New Apartment in Lake Mary is $2,302.
What is the largest New Lake Mary Apartment for rent?
Today's New apartment with the most square footage in Lake Mary is a 1,616 square feet unit starting from $1,505 at IMT Lake Mary.
What is the average size for Lake Mary New Apartments for rent?
The average size for a New rental in Lake Mary is currently at 653 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Darla Ferrara
For many, Orlando is the place where you vacation, not live. However, this city, located in the central region of Florida, offers a vibrant tech community, plenty of outdoor activities, and some of the best schools in the country.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.