Bedroom count
Property type
Last updated on October 24, 2026
Average rent in
Lake Wales, FL
Average rent in
Last updated on October 24, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Lake Wales, FL rent slipped 11.5% year over year, with a current median of $1,425/month. Renters today are paying $64 less per month on average than last year, following a recent recovery from a trough in mid-2025.
Compared to national trends
Lake Wales sits 25.0% more affordable than the $1,900/month national median, with 69 total rentals dominated by houses, making it a more accessible market for renters seeking value in Florida.
Price ranges
Studios in Lake Wales rent for $800/month, 1-bedrooms for $910/month, and 2-bedrooms for $1,368/month, with 3-bedrooms at $1,715/month and 4+ bedrooms at $2,100/month. Houses command a median rent of $1,672/month, while apartments sit at $1,360/month, reflecting the inventory split heavily weighted toward houses.
Neighborhood spotlight
Ridge Manor rents rose 67.7% year over year to $1,425/month across 15 rentals, contrasting with the citywide decline in Lake Wales.
Median rent
Median rent in Lake Wales
$1,425/mo
11%vs previous year
The average rent in Lake Wales is $1,425 per month as of October 2026. This is 25% below the national average rent, or $475 less per month.
average price per square foot
Total rentals
Available rentals in Lake Wales
69
for rent on Zumper.com as of October 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 2% over the last month and have decreased by 11% 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 $1,360, whereas a house costs $1,672. 1-bedroom apartments in Lake Wales run $1,035 on average, while 2-bedroom apartments are $1,380.
Listings | ||||
|---|---|---|---|---|
Studio | $800 | No Change | 11% | |
1 bedroom | $910 |  6% | 6% | |
2 bedroom | $1,367 | 3% | 18% | |
3 bedroom | $1,715 | 3% | 10% | |
4 bedroom | $2,100 | 5% | No Change |
Listings | ||
|---|---|---|
Country Club Village | $1,480 | |
Country Oaks Estates | $1,720 | |
Dinner Lake Shores | $1,800 | |
Downtown Lake Wales | $1,452 | |
Lake Ashton Golf Club | $1,950 | |
Longleaf Business Park | $1,450 | |
Mountain Lake | $1,800 | |
Ridge Manor | $1,425 | |
Twin Lake Park | $1,500 | |
Waverly | $1,500 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,360 | No Change | 6% | |
Condos | $1,239 | No Change | 13% | |
Houses | $1,672 | 6% | 12% | |
Rooms | $800 | 1% | 20% |
Studio
Average rent
$800
Last year
11%
1 bedroom
Average rent
$910
Last 30 days
6%
Last year
6%
2 bedroom
Average rent
$1,367
Last 30 days
3%
Last year
18%
3 bedroom
Average rent
$1,715
Last 30 days
3%
Last year
10%
4 bedroom
Average rent
$2,100
Last 30 days
5%
Downtown Lake Wales
Average rent
$1,452
Ridge Manor
Average rent
$1,425
Twin Lake Park
Average rent
$1,500
Lake Ashton Golf Club
Average rent
$1,950
Mountain Lake
Average rent
$1,800
Country Club Village
Average rent
$1,480
Dinner Lake Shores
Average rent
$1,800
Country Oaks Estates
Average rent
$1,720
Waverly
Average rent
$1,500
Longleaf Business Park
Average rent
$1,450
Apartments
Average rent
$1,360
Last year
6%
Condos
Average rent
$1,239
Last year
13%
Houses
Average rent
$1,672
Last 30 days
6%
Last year
12%
Rooms
Average rent
$800
Last 30 days
1%
Last year
20%
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
25%lower than the national median
1%lower than the national median
Takeaway
The median rent for all rentals in Lake Wales, FL is 24% lower than the median rent in Auburndale, FL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,873
10%$1,700
3%$1,250
$1,950
10%$2,195
2%$1,500
30%$1,525
33%$2,000
$1,600
24%$1,700
3%$1,800
$1,661
5%Discover rentals in Lake Wales, FL
5d+ ago
Apartment for rent in Lake Wales
131 B St #2, Lake Wales, FL 33853
1 bed
1 bath
$600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 1
5d+ ago
Apartment for rent in Lake Wales
131 B St #1, Lake Wales, FL 33853
1 bed
1 bath
$600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 1
5d+ ago
Condo for rent in Lake Wales
2 beds
1 bath
$870
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Condo for rent
Available May 22
5d+ ago
Downtown Lake Wales house for rent in Lake Wales
315 D StreetUnit 1 #1, Lake Wales, FL 33853
2 beds
1 bath
$950
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Sep 19
2d ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,695–$2,645
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Lake Ashton Golf Club house for rent in Lake Wales
4500 Turnberry Ln, Lake Wales, FL 33859
2 beds
2 baths
$2,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
3d ago
House for rent in Lake Wales
916 Cohassett Ave, Lake Wales, FL 33853
2 beds
1 bath
$1,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
1d ago
26101 Preserve Pkwy, Lake Wales, FL 33859
1–2 beds
1–2 baths
$1,310–$1,480
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,695–$2,645
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Condo for rent in Lake Wales
2 beds
1 bath
$870
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Condo for rent
Available May 22
1d ago
21380 Hwy 27, Lake Wales, FL 33859
1 bed
1 bath
$990–$1,450
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Country Oaks Estates apartment for rent in Lake Wales
3 beds
2 baths
$1,800
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,695–$2,645
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
House for rent in Lake Wales
3367 Alexander Dr, Lake Wales, FL 33853
4 beds
2.5 baths
$1,990
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
Apartment for rent in Lake Wales
4903 Wales St, Lake Wales, FL 33859
2 beds
1 bath
$1,200
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Jul 21
5d+ ago
House for rent in Lake Wales
1425 Thousand Roses Dr S #1, Lake Wales, FL 33853
2 beds
2 baths
$1,099
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Aug 27
2d ago
Verified
105 Serenity Loop, Lake Wales, FL 33859
1–3 beds
1–3 baths
$1,695–$2,645
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
House for rent in Lake Wales
2 beds
1 bath
$1,195
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
2d ago
House for rent in Lake Wales
642 Dr J A Wiltshire Ave W, Lake Wales, FL 33853
3 beds
2 baths
$1,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
2d ago
Apartment for rent in Lake Wales
642 Dr J A Wiltshire Ave W #2, Lake Wales, FL 33853
3 beds
2 baths
$1,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
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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 $1,425 per month as of October 17, 2026.
Is rent up or down in Lake Wales?
Average rent prices in Lake Wales have increased by 2% over the last month and have decreased by 11% since last year.
How does Lake Wales rent compare to the national average?
Rent in Lake Wales is 25% below the national average, which means renters are paying approximately $475 less per month.
Which neighborhoods are most affordable in Lake Wales?
The most affordable neighborhoods in Lake Wales are Ridge Manor ($1,425/mo), Longleaf Business Park ($1,450/mo), and Downtown Lake Wales ($1,452/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 $57,000/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).