Median Age
41 Years
Largest Age Group
10-19 Years
Approximately 16% of Residents
Under 20
27%
Over 65
17%
Lakeland, TN
Area Guide
Avg Rent
$1,550
Population
13,404
Renter Mix
17% Rent
Peaceful farmland and picturesque lakeside houses outside of Memphis
Commuter
•
Lake
•
Suburban
An upscale community in the suburbs of Memphis, Lakeland is about 20 miles east from the heart of Memphis, easily traveled to and from through Interstate 40. Enjoy amenities like the Memphis International Airport, Graceland, the Memphis Zoo, Shelby Farms Park, the National Civil Rights Museum, and so much more just minutes from your rental in Lakeland. This quiet part of town offers peaceful farmland, community spaces, and well-kept residential neighborhoods.
Residents appreciate the scenic Stonebridge Golf Club and all of the family-friendly amenities such as Windward Slopes Park, offering a playground, walking trails, and tennis courts behind stately single-family homes. Lakeland is home to Garner Lake where locals can swim, fish, and enjoy the quiet that comes with lakeside living. The Davis Manor Plantation is a popular spot in Lakeland for its historic house museum and community event space.
Demographics
Median Household Income
$111,017
Average: $135,747
Education
4,836
Residents Have a Degree
Job Market
6,789
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Lakeland has more homeowners than renters.
Renters
17%
Non-Renters
83%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
32%
Other Education
68%
Rent Trends
As of May 2026, the average apartment rent in Lakeland, TN is $1,567 for one bedroom, and $1,815 for two bedrooms. Apartment rent in Lakeland has increased by 0.4% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,567/month
718 Sq Ft
House
$2,044/month
1,810 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Lakeland, TN is for everyday living.
Not Walkable
Walkability
10
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Somewhat Bikeable
Bikeability
20
/ 100
Scores provided by
Schools
Public
Grades PK-5
1,038 Students
Lakeland Middle Preparatory School
Public
Grades K-8
1,094 Students
Lakeland Middle Preparatory School
Public
Grades K-8
1,094 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Shelby Farms Park
Commuter Rail
Military Bases
Airports
- Memphis International
Top Apartments in Lakeland
Houses for Rent in Lakeland
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.