HousingHandbookReference data

U.S. ZIP Code · FL34788

Lake County · Orlando-Kissimmee-Sanford, FL

Typical home value

$281,886[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-4.3%
5-year / yr
+4.6%
10-year / yr
+7.4%

Relative price

vs U.S.
≈ U.S. median
vs metro
-27.6%
vs state
-18.7%
ZIP 34788 location in FL
Location of ZIP 34788 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 34788 is worth $281,886 — 27.6% below the Orlando-Kissimmee-Sanford, FL median. Over the past year, values have fallen 4.3%. Homes here rent for a typical $2,033 a month — a 8.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,033[2]
Gross yield
8.7%[2]
Cap rate
5.2%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$1,942[3]

#Climate risk

FEMA National Risk Index ratings for Lake County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Very Low
Wildfire
Relatively Moderate
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
No Rating

#Who lives here

Population
22,137[3]
Median household income
$54,147[3]

#Migration

Household moves in and out of Lake County over a year, from IRS tax-return data.

Net migration
+6,180[5]
Moved in
19,416
Moved out
13,236

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • TREADWAY ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · LAKE

    893 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield8.7%
Net yield (after ~40% expenses)5.2%
Annual rent$24,391

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,425
Loan principal$225,508
Down payment$56,377
Total interest paid$287,624

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.90
Monthly cost to own$1,822
Monthly rent$2,033

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
7th percentile[1]
Rental yield
99th percentile[2]
Property tax
20th percentile[3]

Frequently asked

How much is a home worth in ZIP code 34788?
The typical home in 34788 is worth $281,886, based on the Zillow Home Value Index.
Are home values rising in 34788?
Home values in 34788 are down 4.3% over the past year, and up 4.6% a year over five years.
What is the typical rent in 34788?
A typical home in 34788 rents for about $2,033 a month, a gross rental yield of 8.7%.
What is the property tax rate in 34788?
The effective property tax rate in 34788 is 0.7% — roughly $1,942 a year on a typical home.
Who lives in 34788?
ZIP code 34788 has a population of 22,137 and a median household income of $54,147.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Altamonte Springs, FL

    Typical home
    $280,138
    Gross yield
    7.5%
  • Pittman CDP, FL

    Typical home
    $279,878
    Gross yield
  • Astor CDP, FL

    Typical home
    $277,491
    Gross yield
  • Leesburg, FL

    Typical home
    $276,417
    Gross yield
    6.8%
  • Eustis, FL

    Typical home
    $287,358
    Gross yield
    6.9%
  • Kissimmee, FL

    Typical home
    $288,265
    Gross yield
    7.6%

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