Lakeland, Florida, is located between Tampa and Orlando in Polk County just off of Interstate 4. This provides residents with easy access to all areas of the region. Lakeland is the largest city in the Lakeland-Winter Haven metro area, which has a population of over 584,000 people. An important educational and business center, Lakeland is the ideal place to buy a home.
Check out 300 Lakeland, FL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Housing Statistics A large area within an even larger metro region, there are numerous housing options available in Lakeland. The market took a hit during the real estate collapse, but it's improved significantly over the last few years. The median sales prices of homes in Lakeland in 2013 was $105,000, which is up more than eight percent from the previous year. The average listing price (as of August 2013) is $174,149. Over the last year, more than 1,950 homes were sold in this area. The residential turnover is around 19 percent, with the median years in residence being three years. Additionally, household income has risen by 24 percent in the last ten years.
Nightlife Lakeland is home to a number of clubs and bars, including Boots N Buckles Saloon, T-Bows 33 Lounge, Latino Nightclub, and Pulse. You might also want to consider a stop at Strawberry Patch Lounge, Jessie's, or Jumpstation. If you fancy live music, Molly McHughs Irish Pub offers live Irish music performances for free on Friday nights.
Local Shopping Lakeland Square Mall, off US Highway 98, is one of the largest shopping areas in Lakeland, encompassing dozens of stores and shops in virtually all categories. In the downtown area, you'll find an even wider range of shops, cafes, and small restaurants, including wine bars, jewelry shops, and artisan shops. Lakeside Village is also an ideal shopping spot, also providing a number of destinations for dining, entertainment, and socializing.
Neighborhoods in Lakeland, Florida Now that you know a bit about the city itself, it is time to consider which neighborhood is right for your rent to own investment. You'll find homes for sale in nearly all community regions, but the following are some of the more desirable neighborhoods in the city.
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