Last updated on July 25, 2026

Average rent in
Wallace, FL

Key takeaways for renters

  • The bottom line

    Wallace, FL rent slipped 4.9% year over year, with a current median of $1,950/month. Renters today are paying $44 less per month on average than last year, despite a 2.4% month-over-month increase in July 2026.

  • Wallace rent runs 1.0% more expensive than the $1,930/month national median, with 51 total rentals in the market. This positions Wallace as a smaller market with limited inventory.

  • Price ranges

    In Wallace, studios and 2-bedrooms both sit around $1,350/month, 1-bedrooms are higher at $1,635/month, 3-bedrooms rent for $1,895/month, and 4+ bedrooms reach a median of $2,200/month. These bedroom tiers reflect the range of rents available across the city.

Median rent

Median rent in Wallace

$1,950/mo

decreased by5%

vs previous year

The average rent in Wallace is $1,950 per month as of July 2026. This is 1% above the national average rent, or $20 more per month.

$1.24

average price per square foot

Total rentals

Available rentals in Wallace

51

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Wallace rentals at each price point

90%68%45%23%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Wallace, FL

Average rent prices in Wallace have increased by 2% over the last month and have decreased by 5% 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 Wallace, FL

Rent prices in Wallace vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Wallace is $1,712, whereas a house costs $2,000. 1-bedroom apartments in Wallace run $1,559 on average, while 2-bedroom apartments are $1,595.

Listings

Studio

$1,350

-

-

1 bedroom

$1,635

4%

24%

2 bedroom

$1,350

4%

8%

3 bedroom

$1,895

1%

3%

4 bedroom

$2,200

5%

3%

Studio

Average rent

$1,350

1 bedroom

Average rent

$1,635

Last 30 days

4%

Last year

24%

2 bedroom

Average rent

$1,350

Last 30 days

4%

Last year

8%

3 bedroom

Average rent

$1,895

Last 30 days

1%

Last year

3%

4 bedroom

Average rent

$2,200

Last 30 days

5%

Last year

3%

The table above reflects average rent prices in Wallace, 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 Wallace, FL compare to other cities?

Compare median rent prices in Wallace and Bellview by all bedroom counts and property types.

Wallace

Median rent price$1,950
increased by1%

higher than the national median

Median rent price$1,700
decreased by12%

lower than the national median

Takeaway

The median rent for all rentals in Wallace, FL is 15% higher than the median rent in Bellview, FL.

Discover rentals in Wallace, FL

4121 Woodfin Cir - Photo 1 of 1

18h ago

Pace house for rent in Wallace

SINGLE_FAMILY - Pace, FL

4121 Woodfin Cir, Wallace, FL 32571

3 beds

1 bath

$1,525

House for rent

3254 Delarue Dr - Photo 1 of 1

5d+ ago

Pace house for rent in Wallace

4 beds

1 bath

$1,550

House for rent

Available Jul 4

5761 Charlene Dr - Photo 1 of 1

5d+ ago

Pace house for rent in Wallace

SINGLE_FAMILY - Milton, FL

5761 Charlene Dr, Wallace, FL 32583

3 beds

2 baths

$1,625

House for rent

The Crossings at Pace 4624 - Photo 1 of 1

3d ago

9.4

Excellent

The Crossings at Pace 4624

4624 Crossing Ct, Wallace, FL 32571

3 beds

2 baths

$1,695

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Wallace, FL

Quick answers to common questions about the Wallace rental market.

How much is rent in Wallace?

The average rent in Wallace is $1,950 per month as of July 25, 2026.

Is rent up or down in Wallace?

Average rent prices in Wallace have increased by 2% over the last month and have decreased by 5% since last year.

How does Wallace rent compare to the national average?

Rent in Wallace is 1% above the national average, which means renters are paying approximately $20 more per month.

What salary do I need to afford rent in Wallace?

To comfortably afford rent in Wallace, you'd need to earn approximately $78,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Wallace?

Based on Zumper's July 2026 data, one-bedroom apartments in Wallace average around $1,470/month and two-bedrooms approximately $1,710/month.

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).

Apartments for rent in Bellview