Bedroom count
Property type
Last updated on September 9, 2026
Average rent in
Lake Wales, FL
Average rent in
Last updated on September 9, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Lake Wales, FL rent slipped 8.8% year over year, with a current median of $1,400/month. Renters today are paying $41 less per month on average than last year, despite a 2.9% month-over-month increase in September 2026.
Compared to national trends
Lake Wales is 26.3% more affordable than the $1,900/month national median, with 87 total rentals available, making it an accessible market for renters seeking value.
What you'll pay
Most renters in Lake Wales target 1-bedroom and 2-bedroom units, which rent for $875/month and $1,300/month respectively. These tiers represent a significant portion of the rental inventory and offer affordable options for many renters.
Neighborhood spotlight
Ridge Manor saw rents climb 64.7% year over year to $1,400/month, while Downtown Lake Wales rents rose 20.9% to $1,450/month. These increases contrast with the citywide decline and show localized strength in these neighborhoods.
Median rent
Median rent in Lake Wales
$1,400/mo
9%vs previous year
The average rent in Lake Wales is $1,400 per month as of September 2026. This is 26% below the national average rent, or $500 less per month.
average price per square foot
Total rentals
Available rentals in Lake Wales
87
for rent on Zumper.com as of September 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 increased by 3% over the last month and have decreased 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 $1,300, whereas a house costs $1,795. 1-bedroom apartments in Lake Wales run $995 on average, while 2-bedroom apartments are $1,300.
Listings | ||||
|---|---|---|---|---|
Studio | $680 |  6% | 25% | |
1 bedroom | $875 | 9% | 11% | |
2 bedroom | $1,300 | 3% | 17% | |
3 bedroom | $1,737 | No Change | 7% | |
4 bedroom | $2,050 | 3% | 135% |
Listings | ||
|---|---|---|
Country Club Village | $1,450 | |
Country Oaks Estates | $1,595 | |
Dinner Lake Shores | $1,700 | |
Downtown Lake Wales | $1,450 | |
Lake Ashton Golf Club | $2,105 | |
Longleaf Business Park | $1,650 | |
Mountain Lake | $1,500 | |
Ridge Manor | $1,400 | |
Twin Lake Park | $1,895 | |
Waverly | $1,750 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,300 | 8% | No Change | |
Condos | $895 | 4% | 26% | |
Houses | $1,795 | 3% | No Change | |
Rooms | $794 | 2% | No Change |
Studio
Average rent
$680
Last 30 days
6%
Last year
25%
1 bedroom
Average rent
$875
Last 30 days
9%
Last year
11%
2 bedroom
Average rent
$1,300
Last 30 days
3%
Last year
17%
3 bedroom
Average rent
$1,737
Last 30 days
No Change
Last year
7%
4 bedroom
Average rent
$2,050
Last 30 days
3%
Last year
135%
Downtown Lake Wales
Average rent
$1,450
Ridge Manor
Average rent
$1,400
Twin Lake Park
Average rent
$1,895
Lake Ashton Golf Club
Average rent
$2,105
Mountain Lake
Average rent
$1,500
Country Club Village
Average rent
$1,450
Dinner Lake Shores
Average rent
$1,700
Country Oaks Estates
Average rent
$1,595
Waverly
Average rent
$1,750
Longleaf Business Park
Average rent
$1,650
Apartments
Average rent
$1,300
Last 30 days
8%
Condos
Average rent
$895
Last 30 days
4%
Last year
26%
Houses
Average rent
$1,795
Last 30 days
3%
Rooms
Average rent
$794
Last 30 days
2%
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
26%lower than the national median
9%lower than the national median
Takeaway
The median rent for all rentals in Lake Wales, FL is 19% lower than the median rent in Auburndale, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,737
1%$1,745
$1,250
6%$1,899
13%$2,200
9%$1,497
4%$1,350
11%$1,997
3%$1,972
23%$1,750
11%$1,815
$1,695
2%Discover rentals in Lake Wales, FL
5d+ ago
House for rent in Lake Wales
131 B St #2, Lake Wales, FL 33853
1 bed
1 bath
$600
House for rent
5d+ ago
Condo for rent in Lake Wales
2 beds
1 bath
$925
Condo for rent
Available May 22
5d+ ago
Apartment for rent in Lake Wales
3337 Walden Shores Dr #229, Lake Wales, FL 33898
3 beds
2 baths
$999
Apartment for rent
5d+ ago
Apartment for rent in Lake Wales
3 beds
2 baths
$1,050
Apartment for rent
Available Jul 7
11h ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,595–$2,645
Apartment for rent
5d+ ago
House for rent in Lake Wales
260 Lake Suzanne Dr #1, Lake Wales, FL 33859
2 beds
2 baths
$1,650
House for rent
Available Sep 15
5d+ ago
House for rent in Lake Wales
916 Cohassett Ave, Lake Wales, FL 33853
2 beds
1 bath
$1,600
House for rent
5d+ ago
21380 Hwy 27, Lake Wales, FL 33859
1 bed
1 bath
$1,050–$1,450
Apartment for rent
11h ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,595–$2,645
Apartment for rent
5d+ ago
Condo for rent in Lake Wales
2 beds
1 bath
$925
Condo for rent
Available May 22
5d+ ago
21380 Hwy 27, Lake Wales, FL 33859
1 bed
1 bath
$1,050–$1,450
Apartment for rent
5d+ ago
Apartment for rent in Lake Wales
2 beds
1 bath
$1,400
Apartment for rent
11h ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,595–$2,645
Apartment for rent
5d+ ago
Verified
3 beds
2 baths
$1,760
$1,620
Price drop
House for rent
Available Sep 10
1d ago
Verified
766 Hunt Dr, Lake Wales, FL 33853
3 beds
2 baths
$2,300
$1,662
Price drop
House for rent
Available Sep 1
5d+ ago
Verified
3 beds
2 baths
$2,105
$1,715
Price drop
House for rent
Available Aug 12
11h ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,595–$2,645
Apartment for rent
1d ago
Verified
766 Hunt Dr, Lake Wales, FL 33853
3 beds
2 baths
$2,300
$1,662
Price drop
House for rent
Available Sep 1
5d+ ago
Verified
3 beds
2 baths
$2,105
$1,715
Price drop
House for rent
Available Aug 12
5d+ ago
Verified
3 beds
2 baths
$1,760
$1,620
Price drop
House for rent
Available Sep 10
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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 $1,400 per month as of September 5, 2026.
Is rent up or down in Lake Wales?
Average rent prices in Lake Wales have increased by 3% over the last month and have decreased by 9% since last year.
How does Lake Wales rent compare to the national average?
Rent in Lake Wales is 26% below the national average, which means renters are paying approximately $500 less per month.
Which neighborhoods are most affordable in Lake Wales?
The most affordable neighborhoods in Lake Wales are Ridge Manor ($1,400/mo), Downtown Lake Wales ($1,450/mo), and Country Club Village ($1,450/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 $56,000/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?
June offers the lowest rents in Lake Wales, while August sees the highest prices, creating a 12% difference between peak and off-peak pricing. December stands out as the least competitive month with lower demand, making it another good time to search.
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).