Lakewood Ranch, FL at a glance
Median household income
$122,925$10,244 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Lakewood Ranch, FL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Lakewood Ranch, FL? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for North Port-Bradenton-Sarasota, FL MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,418 | $17,016 | $56,720 | 13.8% |
| 1-Bedroom Apartment | $1,686 | $20,232 | $67,440 | 16.5% |
| 2-Bedroom ApartmentBenchmark | $1,958 | $23,496 | $78,320 | 19.1% |
| 3-Bedroom Home | $2,537 | $30,444 | $101,480 | 24.8% |
| 4-Bedroom Home | $3,027 | $36,324 | $121,080 | 29.5% |
What a typical income covers in Lakewood Ranch, FL
The 50/30/20 rule applied to the local median of $122,925 a year ($10,244 a month before tax).
What $122,925 leaves after Florida taxes
Federal income tax, Social Security, Medicare and Florida tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Florida
Living in Lakewood Ranch, FL: common questions
What is the median household income in Lakewood Ranch, FL?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Lakewood Ranch, FL is $122,925 per year (approximately $10,244 per month).
What is the average rent in Lakewood Ranch, FL?
The closest official figure is HUD's Fair Market Rent for 2026: $1,418 for a studio, $1,686 for one bedroom, $1,958 for two, $2,537 for three and $3,027 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Lakewood Ranch, FL expensive to live in?
Prices there run 2.4% above the U.S. average. BEA's regional price parity for the metro area is 102.4, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Lakewood Ranch, FL?
To keep a $1,958 two-bedroom under 30% of gross income, a household needs about $78,320 a year, or $6,527 a month. That is 64% of what the typical household in Lakewood Ranch, FL earns.
How much do you need to live comfortably in Lakewood Ranch, FL?
On the local median income of $122,925 ($10,244 a month before tax), the 50/30/20 rule leaves $5,122 a month for needs like rent, utilities and groceries, $3,073 for everything else and $2,049 for savings or debt. A two-bedroom at $1,958 takes 38% of the needs share.
How much is the electric bill in Lakewood Ranch, FL?
Homes in Florida paid 15.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $136. Your bill depends mostly on heating and cooling.