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Lely

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

Median Home$328,800
Median Rent$2,347/month
Population3,743
Leading IndustriesEducation · Transportation · Healthcare5% education
Home Value Growth⬆⬆+11.2% over 2 years
Retirees49% of residentstop 1% nationally
Homeowners84% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Lely
FL

Frequently Asked Questions

What are today's mortgage rates in Lely?

As of today, the 30-year fixed mortgage rate for Lely is approximately 6.929% (6.966% 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 Lely?

The median home value in Lely is $329k. The median monthly rent is $2,347. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lely?

Home values in Lely have increased 11.2% 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 Lely?

Based on a typical all-in ownership cost of $1,382/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lely is $70k/year.

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What industries drive the economy in Lely?

The largest employment sectors in Lely are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.