Apartments for Rent in Lake Wales, FL

Prices and availability in Lake Wales, FL were last updated on 15 Sep 2026.

The best apartments in Lake Wales, FL are: Sunrise Park I, 785 Hunt Dr Lake Wales, FL 33853, 2645 SUNSET CIRCLE LAKE WALES, FL 33898, 2398 Mckinley Dr. and BDN Investments Condominium Owners Association Inc.

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

The price range for a 3-bedroom apartment in Lake Wales, FL is between $812 and $1,715.

In Lake Wales 41% of the housing is rented out compared to 59% of homes are owned, according to the most recent Census Bureau estimates. 6% of Lake Wales's apartments are found in large buildings of 50 units or more, 67% are located in smaller apartment complexes with less than 50 units, and 26% are single-family rentals.

The average age of rental buildings in Lake Wales is 24 years old, with 69% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 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 Lake Wales are around 0% of rentals, while 1-bedroom floor plans represent 33% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.