Houses For Rent in Lehigh Acres ,FL

Information and resources for Lehigh Acres Florida

Part of Cape Coral and Fort Myers, Lehigh Acres Florida spans about 61,000 acres of Florida peninsula. With the area comes the beautiful year-round weather that the sunshine state has to offer. However, the area of Lehigh Acres continues to suffer in the area of real estate and development.

The area was established in the 1950s when Lee Ratner from Chicago sought to create a tax shelter. After selling his own small business, Ratner decided to invest in cattle, quickly buying up 18,000 acres for his new venture. He dubbed his new land Lucky Lee Ranch, with high hopes for success in ranching. Before long, Ratner joined forces with three men ' Manuel Riskin, Gerald Gould, and Edward Shapiro. Together the new business partners developed a new business in real estate and selling land in Lehigh Acres.

Since that time, Lehigh Acres expanded to the 61,000 acres it is today. The greatest the area has to offer is gorgeous sunshine and quiet living. Houses for rent in Lehigh Acres are one of the best opportunities to live in a home for rent with more square footage and amenities. The old Lucky Lee Ranch land is now miles of empty lots ready to be built upon. Unfortunately, growth in Lehigh Acres has not experienced a great deal of growth in the decades since Ratner and his colleagues turned to real estate.

It was not until the early 2000s (2003 through 2007) that Lehigh Acres Florida experienced a surge in new home construction and population. Nearly 8,000 new housing structures went up in 2006 alone. This number surpassed all of the homes built in the area over the previous five decades. Currently, there are approximately 12,707 households with a population of 67,868. The majority are married couples and families with children. Homes for rent in Lehigh Acres are a great place to start a family and work.

A gorgeous 5 bedroom 3 bedroom home of just under 3,000 square feet runs about $200,000. In the year 2000 when construction began to pick up, many lots began to sell. But even then they remained empty and no progress was made. After the construction peak, it plummeted in a matter of three short years. This development was a blow to construction workers as jobs decreased and further crippled the economy of Lehigh Acres Florida. But in 2012 construction is back in progress and the local economy is showing great signs of improvement and Houses for rent in Lehigh Acres, FL have been on the increase for the past few years.