Is Lakeland, FL a good place to invest in rental property?

Lakeland, FL has a median modeled monthly cash flow of $-528 and a median cap rate of 4.2%, on a median sold price of $315,000. Prices changed n/a year over year.

What is the average cap rate in Lakeland, FL?

The median cap rate across recently sold homes in Lakeland, FL is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lakeland, FL?

The median sold price in Lakeland, FL is $315,000 (about $187 per square foot).

Investing in Lakeland, FL Real Estate

A data-driven snapshot of the Lakeland, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$315,000Median sold price

$187Median $/sqft

4.2%Median cap rate

$-528Modeled cash flow / mo

—Appreciation YoY

217.4Months of supply

2,409Active listings

133Sold (last 12 mo)

What the Lakeland numbers say

In Lakeland, FL, the median home sold for $315,000 (about $187 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-528 of monthly cash flow. Inventory sits at about 217.4 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 4 fix-and-flip deals in Lakeland — listings where the estimated after-repair value beats list price + rehab.

Other Florida markets to compare

See Lakeland cash-flowing listings

CashFlowRE ranks every for-sale home in Lakeland, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lakeland deals, or browse the national market data.