Apartments for Rent in Wallace, FL

Prices and availability in Wallace, FL were last updated on 26 Sep 2026.

The best apartments in Wallace, FL are: 3356 Colonial Oaks Drive, Unit 9C and 3360 Colonial Oaks Dr, Unit 10-B.

The average rent in Wallace, FL is $2,541.

In Wallace, 8% of the residents are renting compared to 92% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Wallace's rentals, none are small-scale complexes with under 50 units, and all are single-family rentals.

The average age of rental buildings in Wallace is 18 years old, with 80% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Wallace are around 0% of rentals, while 1-bedroom floor plans represent 13% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 39% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.