Bedroom count
Property type
Last updated on June 7, 2026
Last updated on June 7, 2026
Bedroom count
Property type
Lake Wales, FL rent rose 2.2% year over year, with a current median of $1,380/month. Renters are paying $104 more per month on average than last year, extending a recent upward trend with a 5.6% increase month over month.
Lake Wales sits 29.2% more affordable than the $1,950/month national median, offering a lower-cost option for renters in Florida with 99 total rentals available.
Studios in Lake Wales rent for $995/month, 1-bedrooms for $875/month, 2-bedrooms for $1,225/month, 3-bedrooms for $1,792/month, and 4+ bedrooms for $2,065/month. This range reflects the variety of unit sizes available to renters.
Median rent in Lake Wales
$1,380/mo
vs previous year
The average rent in Lake Wales is $1,380 per month as of June 2026. This is 29% below the national average rent, or $570 less per month.
average price per square foot
Available rentals in Lake Wales
99
for rent on Zumper.com as of June 2026
Share of Lake Wales rentals at each price point
Average rent prices in Lake Wales have increased by 6% over the last month and have increased by 2% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Lake Wales vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lake Wales is $1,282, whereas a house costs $1,850. 1-bedroom apartments in Lake Wales run $1,035 on average, while 2-bedroom apartments are $1,350.
Listings | ||||
|---|---|---|---|---|
Studio | $995 | No Change | 3% | |
1 bedroom | $875 | 8% | 18% | |
2 bedroom | $1,225 | 2% | 15% | |
3 bedroom | $1,792 | 2% | 3% | |
4 bedroom | $2,065 | No Change | 11% |
Listings | ||
|---|---|---|
Country Club Village | $1,400 | |
Country Oaks Estates | $1,695 | |
Dinner Lake Shores | $1,850 | |
Downtown Lake Wales | $1,400 | |
Lake Ashton Golf Club | $1,850 | |
Longleaf Business Park | $1,695 | |
Mountain Lake | $1,500 | |
Ridge Manor | $1,500 | |
Twin Lake Park | $1,635 | |
Waverly | $1,595 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,282 | 3% | No Change | |
Condos | $895 | 6% | No Change | |
Houses | $1,850 | 1% | No Change | |
Rooms | $817 | 4% | - |
Studio
Average rent
$995
Last 30 days
No Change
Last year
3%
1 bedroom
Average rent
$875
Last 30 days
8%
Last year
18%
2 bedroom
Average rent
$1,225
Last 30 days
2%
Last year
15%
3 bedroom
Average rent
$1,792
Last 30 days
2%
Last year
3%
4 bedroom
Average rent
$2,065
Last 30 days
No Change
Last year
11%
Downtown Lake Wales
Average rent
$1,400
Ridge Manor
Average rent
$1,500
Dinner Lake Shores
Average rent
$1,850
Lake Ashton Golf Club
Average rent
$1,850
Longleaf Business Park
Average rent
$1,695
Mountain Lake
Average rent
$1,500
Country Club Village
Average rent
$1,400
Twin Lake Park
Average rent
$1,635
Waverly
Average rent
$1,595
Country Oaks Estates
Average rent
$1,695
Apartments
Average rent
$1,282
Last 30 days
3%
Condos
Average rent
$895
Last 30 days
6%
Houses
Average rent
$1,850
Last 30 days
1%
Rooms
Average rent
$817
Last 30 days
4%
The table above reflects average rent prices in Lake Wales, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Lake Wales and Auburndale by all bedroom counts and property types.
Lake Wales
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Lake Wales, FL is 23% lower than the median rent in Auburndale, FL.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Lake Wales rental market.
The average rent in Lake Wales is $1,380 per month as of June 6, 2026.
Average rent prices in Lake Wales have increased by 6% over the last month and have increased by 2% since last year.
Rent in Lake Wales is 29% below the national average, which means renters are paying approximately $570 less per month.
The most affordable neighborhoods in Lake Wales are Downtown Lake Wales ($1,400/mo), Country Club Village ($1,400/mo), and Ridge Manor ($1,500/mo).
To comfortably afford rent in Lake Wales, you'd need to earn approximately $55,000/year, based on spending no more than 30% of your income on rent.
Lake Wales rental prices in 2025 show one-bedroom apartments averaging around $820 per month, while two-bedroom units rent for around $1,200 monthly. These figures reflect the current market conditions following recent price adjustments across most apartment categories in the area.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).