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City · 17,125 residents · Orange County, Florida

Lake Butler , Florida

In Lake Butler, a typical home is worth $930,500 and typical rent is $2,487 a month. Compared with all of Orange County, the typical home value is 139% higher, typical household income is 129% higher, and the share of households that own their home is 30 points higher.

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  • Typical home value

    $930,500

    139% above the county

    159% above Florida

    • Lake Butler
    • Orange
    • Florida

  • Typical rent

    $2,487a month

    40% above the county

    49% above Florida

    • Lake Butler
    • Orange
    • Florida

  • Typical household income

    $182,500a year

    129% above the county

    145% above Florida

    • Lake Butler
    • Orange
    • Florida

  • Households that own their home

    87%

    30 points above the county

    19 points above Florida

    • Lake Butler
    • Orange
    • Florida

Source: U.S. Census Bureau, Average 2020–2024

Lake Butler is in Orange County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Orange County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Lake Butler apart

What this place has that others do not, from public data, most unusual first.

  1. 87% of households in Lake Butler own their home, against 57% in Orange County.

  2. Lake Butler has the 3rd highest typical household income of the 480 cities in Florida with more than 5,000 people ($182,500).

  3. The typical home in Lake Butler is worth $930,500, 139% more than in Orange County as a whole ($390,100).

  4. Nearby, in Orlovista, the typical home value is $198,800: 79% less than in Lake Butler ($930,500).

  5. Nearby, in Orlovista, the typical rent is $1,408: 43% less than in Lake Butler ($2,487).

  6. Lake Butler has the 19th highest typical rent of the 471 cities in Florida with more than 5,000 people ($2,487).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Lake Butler

What homes there are in Lake Butler, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Lake Butler, 9 in 10 homes are single-family detached houses; in Orange County, 5.

Year built

The typical home in Lake Butler was built in 2003, 9 years after the typical one in Orange County.

In Lake Butler, 93% of homes have 3 bedrooms or more, more than in Orange County (61%).

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$3,928 a month

Orange County: $2,055 a month

Owners with a mortgage

57%

Orange County: 67%

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The Census does not compare Lake Butler with 2015–2019 because its boundaries changed. In Orange County, over that time, the typical home value rose 65%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureLake ButlerOrange CountyFloridaUnited States
Rental vacancy Unreliable estimate9.3%7.6%5.5%
Homeowner vacancy Unreliable estimate2.4%1.4%0.9%
More than one person per room Unreliable estimate3.7%3.3%3.4%
People per household 2.862.722.512.53
Drive alone 70%68%70%69%
Carpool 4%9%9%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 23%18%16%15%
Other means Unreliable estimate2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Lake Butler are bigger: 2.86 people on average; in Orange County, 2.72.

Working from home is more common in Lake Butler: 23%, against 18% in Orange County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Lake Butler?

A typical home costs more than the typical income allows

We start with a typical home in Lake Butler, worth $930,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 51% of the typical household income in Lake Butler, which is $182,500 a year. For that payment to be 28% of income, a household would need to earn about $335,170 a year. Note: at that price the loan is above the FHA limit for Orange County ($541,287), so FHA would not insure it; the payment is only a reference.

The calculator's FHA and conventional loan limits are those of all of Orange County.

Your numbers

Local data
$

Starts at the typical home value in Lake Butler. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $32,568 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$7,821

at 7.18% · 30 years

Loan amount
$913,646
Total interest
$1,314,522
Paid off in
November 2056

Includes $15,714 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $4,258 a month

  • Tight

    $4,258 to $5,475 a month

  • Hard

    more than $5,475 a month

    Your payment · 51%

Compared with the typical household income in Lake Butler ($182,500 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$7,821
Principal & interest$6,189
Property tax$682
Home insurance$388
FHA mortgage insurance (MIP)$561

This loan is over the FHA limit

You'd borrow $897,932, but the FHA limit for a one-unit home in Lake Butler is $541,287. You'd need a bigger down payment or a different loan.

You need at least $32,568 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Lake Butler and Orange County

Lake Butler is in Orange County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Lake Butler's own numbers

Typical home value
$930,500
Typical monthly rent
$2,487
Typical yearly household income
$182,500
Households that own their home
87%
Effective property tax rate
0.88%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Orange County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,959
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
2.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Orange County.

Everything about Orange County

Buying

Buying a home in Lake Butler

A typical home in Lake Butler is worth $930,500: 139% above the county and 159% above Florida. With the typical household income in Lake Butler ($182,500 a year), a typical home costs 5.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Lake Butler 5.1 years
  • Orange 4.9 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Orange County

According to FHFA’s house price index, home prices in Orange County rose 122% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Orange County.

Period County Florida U.S.
Last year (2025) +0.8% −0.5% +2.9%
5 years (2020–2025) +56% +60% +47%
10 years (2015–2025) +122% +127% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Lake Butler next to Orange County, Florida and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Lake Butler $930,500
  • Orange $390,100
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Lake Butler $2,487
  • Orange $1,775
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Lake Butler $182,500
  • Orange $79,719
  • Florida $74,568
  • United States $80,734
See the full table
Lake Butler next to Orange County and Florida
Measure Lake Butler Orange County Florida U.S.
Typical home value $930,500 $390,100 $359,000 $332,700
Typical monthly rent $2,487 $1,775 $1,669 $1,413
Typical yearly household income $182,500 $79,719 $74,568 $80,734
Households that own their home 87% 57% 68% 65%
Typical yearly property tax $8,220 $2,967 $2,730 $3,119
Effective property tax rate 0.88% 0.76% 0.76% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Orange County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Lake Butler

For a typical $930,500 home in Lake Butler, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lake Butler's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $7,821a month

    Above the FHA limit for Orange County ($541,287)
    Down payment
    $32,568
    Cash to close
    $60,483
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $561

  • Conventional, 5% down $7,500a month

    Above the conventional limit for Orange County ($832,750): it would be a "jumbo" loan
    Down payment
    $46,525
    Cash to close
    $74,440
    Rate
    7.18%
    Mortgage insurance
    PMI · $442

  • Conventional, 20% down, no PMI $6,113a month

    Least cash to close
    Down payment
    $186,100
    Cash to close
    $214,015
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $6,973a month

    Down payment
    $139,575
    Cash to close
    $167,490
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is Conventional, 20% down, no PMI.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Lake Butler and for Orange County.

Property tax

Effective rate in Lake Butler

0.88%of the home’s value each year

$8,220 a year for the typical owner in Lake Butler.

  • Lake Butler 0.88%
  • Orange 0.76%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in Orange County

FEMA does not publish these numbers by city: they are for all of Orange County.

Homes in the high-risk zone
2.3%
9,209
Of those, with NFIP insurance
44%
County Florida U.S.
Homes in the high-risk zone 2.3% 13% 3.5%
Of those, with NFIP insurance 44% 67% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Lake Butler

Typical rent in Lake Butler is $2,487 a month: 40% above the county.

HUD publishes a fair market rent for all of Orange County, by unit size. To pay the 2-bedroom one ($1,959 a month) without spending more than 30% of your income, you would need to earn $37.67 an hour working full time.

HUD fair market rent for all of Orange County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,658 $31.88 $66,320
1 bedroom $1,726 $33.19 $69,040
2 bedrooms $1,959 $37.67 $78,360
3 bedrooms $2,445 $47.02 $97,800
4 bedrooms $2,856 $54.92 $114,240

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Lake Butler

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lake Butler is in ZIP code 34786.

For 2 bedrooms it is $2,690: $731 more than the fair market rent for Orange County ($1,959).

  • 34786 $2,690$3,360

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lake Butler when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Lake Butler

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 10 HUD-approved agencies with an office in Orange County; 7 say they serve in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Lake Butler

No down payment, repair or rent-help program on our list is for Lake Butler or Orange County. The ones below are statewide in Florida: they work in Lake Butler the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Lake Butler

The HUD-approved agencies closest to the center of Lake Butler, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Incharge Debt Solutions

    5750 Major Blvd, Orlando · 6 miles away · Spanish

    Also serves in Creole.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 4 more
    (877) 712-6040

  • Operation Hope - Orlando Branch

    5025 W COLONIAL DRIVE, Orlando · 7 miles away

    • Budget and financial counseling
    • Pre-purchase counseling
    • and 1 more
    (863) 777-9355

  • Habitat for Humanity Greater Orlando and Osceola County Inc

    4116 Silver Star Rd, Orlando · 9 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (407) 648-4567

Every agency in Orange County All counseling agencies in Florida

Help in Spanish near Lake Butler

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Lake Butler

HUD’s record names them for Lake Butler or Orange County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Orange County Housing & Community Development Section 8 vouchers (407) 836-5150

2 other authorities have an office in Orange County: see the list Source: HUD

Cities

Other cities in Orange County

These cities are also in Orange County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Orange County Housing in Florida
See 16 more cities in Orange County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Lake Butler, with the typical home value.

Neighboring counties

If Orange County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Lake Butler.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Lake Butler

Short answers with the numbers for Lake Butler and all of Orange County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Lake Butler?

The typical home value in Lake Butler is $930,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Orange County it is $390,100.

How much does it cost to rent in Lake Butler?

Typical rent in Lake Butler is $2,487 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Orange County is $1,959.

What is the FHA loan limit in Lake Butler?

Lake Butler uses the FHA limit for all of Orange County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Lake Butler?

The typical homeowner in Lake Butler pays $8,220 a year, according to the U.S. Census Bureau. That is 0.88% of the home’s value; in Orange County, the rate is 0.76%.

Where can I find free help to buy or rent in Lake Butler?

There are 10 HUD-approved counseling agencies with an office in Orange County. 7 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).