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Lely Resort

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

Median Home$669,177
Median Rent$1,910/month
Population8,643
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Finance & Insurance3% professional services
Home Value Growth⬆⬆+11.2% over 2 years
Retirees47% of residentstop 1% nationally
Homeowners58% of occupied units
NotableHighly Educated30% bachelor's · 14% graduate · top 9% nationally
NotableHigh Incomes$97k/year · top 19% nationally
Lely Resort
FL

Frequently Asked Questions

What are today's mortgage rates in Lely Resort?

As of today, the 30-year fixed mortgage rate for Lely Resort is approximately 6.817% (6.850% 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 Resort?

The median home value in Lely Resort is $669k. The median monthly rent is $1,910. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lely Resort?

Home values in Lely Resort 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 Resort?

Based on a typical all-in ownership cost of $1,746/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $75k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lely Resort is $97k/year.

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What industries drive the economy in Lely Resort?

The largest employment sectors in Lely Resort are public administration (18%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.