Bedroom count
Property type
Last updated on July 25, 2026
Average rent in
Lake Wales, FL
Average rent in
Last updated on July 25, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Lake Wales, FL rent rose 8.5% year over year, with a current median of $1,465/month. Renters today are paying $95 more per month on average than last year, while month-to-month rent remains essentially flat.
Compared to national trends
Lake Wales sits 24.1% more affordable than the $1,930/month national median, offering a more accessible market for renters seeking value in Florida.
Price ranges
Studios in Lake Wales run around $788/month, 1-bedrooms around $875/month, and 2-bedrooms around $1,200/month, with 3-bedrooms at $1,775/month and 4+ bedrooms at $2,048/month. Houses, which make up 70.7% of rentals, have a median rent of $1,860/month, while apartments sit at $1,282/month.
Median rent
Median rent in Lake Wales
$1,465/mo
9%vs previous year
The average rent in Lake Wales is $1,465 per month as of July 2026. This is 24% below the national average rent, or $465 less per month.
average price per square foot
Total rentals
Available rentals in Lake Wales
92
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Lake Wales rentals at each price point
Rent trends in Lake Wales, FL
Average rent prices in Lake Wales have remained the same over the last month and have increased by 9% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Lake Wales, FL
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 $1,860. 1-bedroom apartments in Lake Wales run $1,000 on average, while 2-bedroom apartments are $1,200.
Listings | ||||
|---|---|---|---|---|
Studio | $787 |  2% | 1% | |
1 bedroom | $875 | 2% | 15% | |
2 bedroom | $1,200 | 2% | 7% | |
3 bedroom | $1,775 | 2% | 3% | |
4 bedroom | $2,047 | 1% | 5% |
Listings | ||
|---|---|---|
Country Club Village | $1,470 | |
Country Oaks Estates | $1,360 | |
Dinner Lake Shores | $1,500 | |
Downtown Lake Wales | $1,500 | |
Lake Ashton Golf Club | $1,900 | |
Longleaf Business Park | $1,300 | |
Mountain Lake | $1,290 | |
Ridge Manor | $1,450 | |
Twin Lake Park | $1,470 | |
Waverly | $1,807 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,282 | 1% | No Change | |
Condos | $1,025 | 1% | No Change | |
Houses | $1,860 | No Change | No Change | |
Rooms | $942 | 5% | No Change |
Studio
Average rent
$787
Last 30 days
2%
Last year
1%
1 bedroom
Average rent
$875
Last 30 days
2%
Last year
15%
2 bedroom
Average rent
$1,200
Last 30 days
2%
Last year
7%
3 bedroom
Average rent
$1,775
Last 30 days
2%
Last year
3%
4 bedroom
Average rent
$2,047
Last 30 days
1%
Last year
5%
Downtown Lake Wales
Average rent
$1,500
Ridge Manor
Average rent
$1,450
Dinner Lake Shores
Average rent
$1,500
Lake Ashton Golf Club
Average rent
$1,900
Waverly
Average rent
$1,807
Country Oaks Estates
Average rent
$1,360
Country Club Village
Average rent
$1,470
Longleaf Business Park
Average rent
$1,300
Twin Lake Park
Average rent
$1,470
Mountain Lake
Average rent
$1,290
Apartments
Average rent
$1,282
Last 30 days
1%
Condos
Average rent
$1,025
Last 30 days
1%
Houses
Average rent
$1,860
Last 30 days
No Change
Rooms
Average rent
$942
Last 30 days
5%
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.
How does rent in Lake Wales, FL compare to other cities?
Compare median rent prices in Lake Wales and Auburndale by all bedroom counts and property types.
Lake Wales
24%lower than the national median
6%lower than the national median
Takeaway
The median rent for all rentals in Lake Wales, FL is 20% lower than the median rent in Auburndale, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,822
1%$1,695
4%$1,335
5%$1,500
25%$2,200
1%$1,450
2%$1,675
13%$2,000
3%$1,725
1%$1,750
4%$1,805
1%$1,757
3%Discover rentals in Lake Wales, FL
2d ago
Apartment for rent in Lake Wales
113 Washington Ave, Lake Wales, FL 33853
2 beds
1 bath
$600
Apartment for rent
Available Aug 17
2d ago
236 Washington Ave, Lake Wales, FL 33853
2 beds
1 bath
$600
Apartment for rent
4d ago
Apartment for rent in Lake Wales
315 D St #3, Lake Wales, FL 33853
2 beds
1 bath
$900
Apartment for rent
4d ago
Apartment for rent in Lake Wales
315 D St #2, Lake Wales, FL 33853
2 beds
1 bath
$900
Apartment for rent
4d ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,290–$2,645
Apartment for rent
5d+ ago
Lake Ashton Golf Club house for rent in Lake Wales
4023 Ashton Club Dr, Lake Wales, FL 33859
3 beds
2 baths
$2,500
House for rent
3d ago
Lake Ashton Golf Club house for rent in Lake Wales
4314 Berwick Dr, Lake Wales, FL 33859
2 beds
2 baths
$2,000
House for rent
5d+ ago
Waverly house for rent in Lake Wales
316 Dove Ct, Lake Wales, FL 33859
2 beds
2 baths
$1,800
House for rent
Available Jul 1
4d ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,290–$2,645
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$2,195
$2,010
Price drop
House for rent
Available Jun 30
5d+ ago
Verified
3 beds
2 baths
$1,870
$1,675
Price drop
House for rent
Available Jun 23
15h ago
House for rent in Lake Wales
1025 Evans Loop, Lake Wales, FL 33853
3 beds
2 baths
$1,795
House for rent
4d ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,290–$2,645
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$1,870
$1,675
Price drop
House for rent
Available Jun 23
5d+ ago
Verified
3 beds
2 baths
$2,195
$2,010
Price drop
House for rent
Available Jun 30
5d+ ago
Verified
3 beds
2 baths
$1,815
House for rent
Available Sep 16
4d ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,290–$2,645
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$2,195
$2,010
Price drop
House for rent
Available Jun 30
5d+ ago
Verified
3 beds
2 baths
$1,870
$1,675
Price drop
House for rent
Available Jun 23
2d ago
Verified
3 beds
2 baths
$2,295
$2,180
Price drop
House for rent
Available Aug 18
Stay up to date with rental market insights
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Frequently asked questions for Lake Wales, FL
Quick answers to common questions about the Lake Wales rental market.
How much is rent in Lake Wales?
The average rent in Lake Wales is $1,465 per month as of July 25, 2026.
Is rent up or down in Lake Wales?
Average rent prices in Lake Wales have remained the same over the last month and have increased by 9% since last year.
How does Lake Wales rent compare to the national average?
Rent in Lake Wales is 24% below the national average, which means renters are paying approximately $465 less per month.
Which neighborhoods are most affordable in Lake Wales?
The most affordable neighborhoods in Lake Wales are Mountain Lake ($1,290/mo), Longleaf Business Park ($1,300/mo), and Country Oaks Estates ($1,360/mo).
What salary do I need to afford rent in Lake Wales?
To comfortably afford rent in Lake Wales, you'd need to earn approximately $59,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Lake Wales?
Based on Zumper's July 2026 data, one-bedroom apartments in Lake Wales average around $910/month and two-bedrooms approximately $1,310/month. Both bedroom types have seen increases year over year, with one-bedrooms up 14.5% and two-bedrooms up 8.8%.
Methodology
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).