Clermont today
| Typical value | Typical rent | Gross yield | |
|---|---|---|---|
| Single family house | $430,000 | $2,540 | 7.1% |
| Condo or townhome (apartment rent) | $147,000 | $1,840 | 15.1% |
What this means
Values in Clermont are down 1.7% over the past year, now 6.3% below the May 2024 peak.
A typical house here rents for 7.1% of its value each year, below the state figure of 8.1%. Plan on a bigger down payment or count on appreciation.
Treat these as area figures and confirm rent with comps. Sources and method: how these figures are built.
Go deeper: Dane's detailed guides for this area: Buying a Home in Clermont.
Quick facts
| Clermont | vs Lake County | vs Florida | |
|---|---|---|---|
| Population | 52,812 (2025 estimate) | ||
| Growth since 2020 | 22.8% | +4.0 pts | +13.9 pts |
| Median home value | $418,400 | 31% higher | 17% higher |
| Median gross rent | $1,828 | 15% higher | 10% higher |
| Median household income | $82,306 | 12% higher | 10% higher |
| Gross rent yield | 5.24% | −0.7 pts | −0.3 pts |
| Owner occupied homes | 68.1% | −9.5 pts | +0.5 pts |
| Residents 65 and older | 23.6% | −3.0 pts | +2.3 pts |
| Average commute (minutes) | 31 | 4% higher | 12% higher |
| Homes built 2010 or later | 33.6% | +12.1 pts | +19.4 pts |
| Median property tax paid | $2,845 | 17% higher | 4% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Clermont
Mostly residential Lake County city about 22 miles west of Orlando, with rolling hills on the Lake Wales Ridge; founded in 1884 among citrus groves.
Clermont is a city with its own government, located in Lake County.
Known for: Florida Citrus Tower; National Training Center; South Lake Hospital
How it has grown: Population grew more than 250 percent from 2000 to 2020; served by State Road 50 and US 27.
Next to the rest of Lake County, homes are pricier than the county median ($418,400 vs $318,400); housing is newer (33.6% built since 2010 vs 21.5%); more of the housing is in apartment and condo buildings (21.2% vs 9.5%) and fewer homes are owner occupied (68.1% vs 77.6%).
Ranked against 150 Florida cities: number 60 by home value, 85 by gross rent yield, 61 by income.
Closest matches on price and rent: Kendall West ($409,500, $1,808), West Palm Beach ($414,200, $1,772), Palm Harbor ($405,300, $1,806).
Growth and housing
Clermont changed 22.8% in population from 2020 to 2025 (county 18.8%, Florida 8.9%).
| 2025 building permits | Clermont |
|---|---|
| Single family | 561 |
| 5 or more units | 569 |
| Total units | 1,148 |
| Per 1,000 residents | 21.7 |
Newer housing (33.6% built since 2010) often comes with HOA and CDD fees that lenders count. CDD fees
Median year built: 2006. Detached houses dominate (69.2% of homes). Households average 2.64 people.
Fewer newcomers from out of state than the county average (2.9% vs 2.9%).
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $2,650 a year |
Condo towers and big complexes (13.5% of homes) mean assessments and building approval matter. Condo financing
Flood, storms and jobs
No CRS flood discount applies inside Clermont city limits. Since 2000, flood insurance has paid $114,801 on 15 claims inside Clermont. Countywide, 4.5% of homes sit in a FEMA high risk zone; the Lake County guide has the full flood, storm and jobs picture.
Buying a home in Clermont
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $418,400 |
Price to income: 5.1x, compared with 4.3x for the county.
- Conventional: the default for buyers with solid credit and 5% or more down.
- FHA: the Clermont median of $418,400 fits under the $541,287 limit.
- VA: veterans are 7.5% of adults.
Sample FHA payment at $418,400
| Item | Monthly |
|---|---|
| Principal and interest (7.32%, 3.5% down) | $2,822 |
| Property tax (0.68%) | $237 |
| Insurance (county average) | $221 |
| FHA mortgage insurance | $188 |
| Total before HOA or CDD | $3,468 |
| Income needed at a 45% debt ratio | $92,487 a year |
Example, not a quote. Assumptions. Down payment help: Florida Housing.
Short term rental rules
City of Clermont Allowed with city registration
| Where | Whole house single family and duplex units that are not owner occupied, inside city limits. |
|---|---|
| Licenses and fees | City vacation rental application and $375 fee, a life safety inspection (building permit application with sketches), state DBPR license, and Florida Department of Revenue registration |
| Also | Renew every year by September 30. |
Checked against the official page. Checked 2026-10-29. Source: City of Clermont Vacation Rental Information; City of Clermont Vacation Rental Requirements Checklist (updated Oct 23, 2025).
Florida law (s. 509.032) bars new local bans on vacation rentals but keeps rules adopted by June 1, 2011, and lets cities and counties require registration, inspections and occupancy limits. HOA and condo documents can still ban rentals. Rules change, so confirm the exact address before you buy.
Investing in Clermont
| Rental math at the median | Value |
|---|---|
| Price / rent | $418,400 / $1,828 |
| Estimated net cap rate | 2.7% to 3.4% |
| DSCR at 25% down | 0.70 |
| Down payment for DSCR 1.0 | 53% down |
| Down payment for DSCR 1.25 | 66% down |
Long term rentals
| Clermont | vs Lake County | |
|---|---|---|
| Renter occupied homes | 31.9% | +9.5 pts |
| Rental vacancy | 13.7% | +3.4 pts |
| Rent as share of renter income | 37.6% | +3.2 pts |
Short term rentals
With 2.9% of homes kept for seasonal use, Clermont is a true vacation market.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 4% |
| State sales tax | 6% plus any county surtax |
Check the address against local zoning and the HOA documents first. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 69.2% |
| Buildings with 5+ units | 21.2% |
| Manufactured homes | 1.7% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Observed Rent Index (ZORI), all homes and apartments, smoothed. September 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- City of Clermont Vacation Rental Information. checked 2026-10-29.
- City of Clermont Vacation Rental Requirements Checklist (updated Oct 23, 2025). checked 2026-10-29.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.