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Apartments for Rent in Lake Wales, FL

7 Rentals Available
5-2-city
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Lake Wales, FL rent trends

Rental prices in Lake Wales, FL have decreased by 0.09% over the past year. The average rent moved from $1,375 to $1,374.

Check out the average rent prices in Lake Wales by neighborhood.

Compared to the national average rent of $1,750, the average rent in Lake Wales, FL is $1,374.

Average rent in Lake Wales, FL

$1,374/mo Lake Wales, FL average rental price, September 2025
Image Average Rent

The average monthly rent of apartments in Lake Wales, FL is $1,374.

    What's the typical rent budget in Lake Wales, FL?

    About 21% of apartment rents in Lake Wales, FL range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 5% of apartments. Around 62% of Lake Wales’s apartments are in the $1,001-$1,500 price range. 13% of apartments are priced ≤ $1000.

    The largest share of rentals in Lake Wales, FL (62%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Lake Wales, FL

    25 /100
    Somewhat Bikeable
    Bike Score®: 25

    Frequently asked questions

    When were prices and availability in Lake Wales, FL last updated?

    Prices and availability in Lake Wales, FL were last updated on 17 Nov 2025.

    What are the best apartments in Lake Wales, FL?

    The best apartments in Lake Wales, FL are: 839 Sherwood Dr Lake Wales, FL 33898, 1237 E Grove Ave Lake Wales, FL 33853, 1720 TEAGAN LANE Winter Haven, FL 33884, 304 KAYDEN COVE Winter Haven, FL 33884 and BDN Investments Condominium Owners Association Inc.

    What is the average rent in Lake Wales, FL?

    The average rent in Lake Wales, FL is $1,377.

    What is the price range for a 3-bedroom apartment in Lake Wales, FL?

    The price range for a 3-bedroom apartment in Lake Wales, FL is between $1,745 and $3,120.

    What type of rental buildings are in Lake Wales, FL?

    In Lake Wales, 39% of the residents are renting compared to 61% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 6% of Lake Wales’s rentals, 64% are small-scale complexes with under 50 units, and 29% are single-family rentals.

    What do typical apartment communities look like in Lake Wales, FL?

    The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Lake Wales are about 24 years old, on average. Of these, 69% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

    What apartment floorplans are common in Lake Wales, FL?

    Rental apartments in Lake Wales come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 33% of the total apartments in the city, while 2-bedroom floorplans represent around 49% of all rentals in Lake Wales. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

    Living in Lake Wales, FL

    Right in the middle of central Florida is a small town called Lake Wales. Located 50 miles south of Orlando and 62 miles east of Tampa, the town has easy access to bigger cities in this sparsely suburban area of rural Florida. One of the best features of the town is the lush botanical gardens here: The historic Bok Tower Gardens are in an impressive, 250-acre compound. Surrounded by a gorgeous mansion and a Singing Tower, this is a location that renters and visitors alike can enjoy. Other places to visit around town include Lake Wales Park — which is on a small lake — as well as the Eagle Ridge Mall, which is a popular place to shop. Many young professionals who rent work in nearby Lakeland, which is only 28 miles away. Technically, Lake Wales is part of the Lakeland-Winter Haven metropolitan area in Polk County.

    Renting in Lake Wales, FL

    A little less than half of the population rents their homes in Lake Wales. In comparison to other places in Florida, this is a very affordable small town to rent a home in. The type of rental homes available here include traditional rental apartment buildings, townhomes and condos throughout around the area. In particular, renters can look forward to similar amenities in rental apartment communities, like year-round pools, Jacuzzis, clubhouses and fitness centers. Most of the rental units are pet-friendly with a small deposit and have features such as washers and dryers; walk-in closets; and vaulted ceilings in the upper rental units.

    Things for renting

    Shopping in Lake Wales, FL

    Renters in Lake Wales don’t have to go far for great shopping. In fact, there are many shopping plazas in key places around town, including the Southgate Shopping Center, Orange Grove Shopping Center and the Shoppes on the Ridge. Each has a variety of smaller retail stores, banks and salons. Meanwhile, the major indoor mall in the area that’s near rental homes is Eagle Ridge Mall with JCPenney as its anchor store. And, as far as grocery stores that renters use in the area, the options are Winn-Dixie, Save A Lot and a Publix Super Market at the Southgate Shopping Center. In downtown Lake Wales along Main Street, there are also some local shops, restaurants and bars that renters can go to for a more “mom and pop”-style shopping experience.

    Transportation in Lake Wales, FL

    Public transportation near rental apartments is provided by the Winter Haven Area Transit. As such, renters who want to get to major shopping places and other attractions around town can do so without a vehicle, even though most renters do own cars in this rural area. Alternatively, traveling out of town to other nearby cities is easy with three major roads that go through Lake Wales, including U.S. 27 and state roads 60 and 17. Finally, for air travel, most renters will travel about an hour to the Orlando International Airport for both domestic and international flights.

    Look for apartments near me

    Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe is your one-stop shop for finding a great new apartment in Lake Wales, FL. Easily search through a wide selection of apartments for rent in Lake Wales, FL, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Lake Wales, FL apartments with rents starting from $1,635 and submit your rental application today!

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