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Lee

Learn about the people, housing, costs and businesses in Lee, Florida

Median Home$114,400
Median Rent$781/month
Population402
Leading IndustriesProfessional Services · Manufacturing · Public Administration4% professional services
Home Value Growth⬆⬆+15.9% over 2 years
Retirees21% of residentsnear the national average
Homeowners82% of occupied units
NotableTransit86/100 · excellent transit access
NotableAffordable Market$114k median home · lower cost than 87% of the country
Lee
FL

Frequently Asked Questions

What are today's mortgage rates in Lee?

As of today, the 30-year fixed mortgage rate for Lee is approximately 6.958% (6.996% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lee?

The median home value in Lee is $114k. The median monthly rent is $781. Annual property taxes average $789. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lee?

Home values in Lee have increased 15.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lee?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lee is $60k/year.

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What industries drive the economy in Lee?

The largest employment sectors in Lee are public administration (27%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.