Apartments & Homes for Rent in Lake Panasoffkee, FL

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What to Know About

Life in Lake Panasoffkee & Beyond

Lake Panasoffkee shares many of the great qualities that make Florida a desirable place to live.

Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.

With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.

Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.

Rental Market Trends

Lake Panasoffkee, FL

As of April 2025, Lake Panasoffkee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake Panasoffkee's average rent is 45.9% ($1,000) lower than the Florida average of $2,181 and 34.4% ($618) lower than the U.S. average of $1,799.

Average Rent
$1,181
Monthly ChangeMonth Over Month Change
Decreased13.2% ($180)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,173 Increased0.8% ($9) No change
2 Beds $1,399 Increased3.6% ($48) No change
3 Beds $1,658 Increased2.7% ($43) No change
Nearby Cities Average Rent Avg. Rent vs. Lake PanasoffkeeAverage Rent vs. Lake Panasoffkee Avg. Days on MarketAverage Days on Market
Inverness $1,442 Increased22.1% ($261) 31 days
Oxford $1,866 Increased58% ($685) 37 days
Wildwood $1,998 Increased69.2% ($817) 34 days
Beverly Hills $1,631 Increased38.1% ($450) 34 days
Sumterville $1,533 Increased29.8% ($352) 36 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lake Panasoffkee Rental Market FAQs

Explore rental prices, market trends, and availability in Lake Panasoffkee, FL.

The average rent in Lake Panasoffkee, FL is $1,181 per month.
Homes in Lake Panasoffkee typically rent for between $821 and $2,155 per month, with an average of $1,181 per month.
In Lake Panasoffkee, the average rent for a 1-bedroom home is $1,173 per month, for a 2-bedroom home, $1,399 per month, and a 3-bedroom home is $1,658 per month.
The average rent in Lake Panasoffkee is 34.4% ($618) lower than the national average of $1,799 per month.
The rental market in Lake Panasoffkee, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lake Panasoffkee, FL, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Lake Panasoffkee, FL.
Based on the current averages, a household would need an annual income of $55,960 to comfortably afford a 2-bedroom home in Lake Panasoffkee.
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