Housing & Real Estate — Lakeland, Tennessee
Overview
| Total Housing Units | 5,270 |
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| Occupied | 5,246 |
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| Vacant | 24 |
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| Owner-Occupied | 4,209 |
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| Renter-Occupied | 1,037 |
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| Median Home Value (Census) | $388,900 |
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| Estimated 2026 | ~$426,000 |
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| Median Rent | $1,611/mo |
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| Median Property Tax | $3,880/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
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| Rent as % of Income | 16.6% |
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| Severely Rent-Burdened | 50.1% |
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Housing Age
| Built 2010 or later | 1,199 |
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| Built 2000-2009 | 1,560 |
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| Built 1990-1999 | 1,373 |
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| Built before 1960 | 113 |
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| Median Year Built | 1997 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
