The average rent in Lake Worth, TX is $1,318.
In Lake Worth 29% of the housing is rented out compared to 71% of homes are owned, according to the most recent Census Bureau estimates. none of Lake Worth's apartments are found in large buildings of 50 units or more, 12% are located in smaller apartment complexes with less than 50 units, and 82% are single-family rentals.
The average age of rental buildings in Lake Worth is 28 years old, with 47% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Rental apartments in Lake Worth come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 33% of the total apartments in the city, while 2-bedroom floorplans represent around 46% of all rentals in Lake Worth. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Lake Worth is a small city in the Dallas-Fort Worth metropolitan area, sitting on the West Fork of the Trinity River. Its location is ideal for those who want to rent in a smaller city with access to big-city amenities. And, with its affordable housing, recreational areas and excellent schools, Lake Worth is a great place to raise a family. Lake Worth has a subtropical climate, which means renters here will experience hot, humid summers and mild winters. The average summer temperature is around 86°F, with occasional heat waves and high humidity levels, while winter temperatures average 60°F. The area also experiences a fair amount of precipitation, but remains relatively sunny throughout the year.
While most people own their homes, there are a variety of properties to rent in Lake Worth, including apartments, single-family homes and townhomes. Rental units range from one to four bedrooms near transit options, malls and other lifestyle amenities. Their rent prices depend more on the location than the type of properties, so central areas are pricier than rentals in the far southern and northern parts of the city. Note that an application fee and security deposit may be required by the landlord when renting in Lake Worth. In return, the landlord has to provide a habitable rental unit and handle all of the repairs that renters require. Unless the lease states otherwise, renters are responsible for paying utilities and rent on time. If the renter fails to provide rent payments more than two days after the due date, the landlord may charge a reasonable late rent fee.
Lake Worth is a shopper’s haven with many shopping malls and stores throughout the city where renters can find everything from groceries to unique items. The biggest shopping malls include Lake Worth Towne Crossing, Lake Worth Marketplace and Lake Worth Center, all of which are located at the intersections of the main roads in the city. Renters here can find a selection of big-box grocery stores; national retailers like Marshalls, Kohl’s, Ross Dress For Less and Maurices; and restaurant chains and entertainment venues. Meanwhile, regional malls — like Fort Worth Stockyards Station, The Grapevine Mills and Grand Prairie Premium Outlets — are also nearby, putting renters near upscale retailers, luxury designers and discount stores. For everyday necessities, renters also have multiple grocery and department chains available. These include chains like Walmart, Target, Lowe’s, The Home Depot, Kroger, and Albertsons, as well as local deli and specialty stores and a year-round farmers’ market.
Lake Worth renters have access to a developed transit network with several transportation options available. For instance, renters who prefer to drive use Interstate 820 and State Route 199 that crisscross and provide access in and out of the city from different directions. Alternatively, the city also has several bus routes operated by Trinity Metro that connect Lake Worth to surrounding communities. Or, renters who opt for transportation with a lesser carbon footprint can also use the developed walking and cycling infrastructure with spacious lanes connecting the neighborhoods. In addition, the city is also served by ride-sharing companies, like Uber and Lyft, thereby allowing renters to request on-demand rides in the area. Finally, renters needing to fly in and out of the city to domestic and international destinations can do so through Dallas/Fort Worth International Airport, which is 29 miles away.
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