What's the average rent in Lake Wales, FL?

Rental Market Trends in Lake Wales, FL

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Lake Wales, FL is $1,650 per month, which is 14% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,650

1.0%$17 increase month-over-month

10.4%$156 increase year-over-year

AVAILABLE RENTALS

138

APARTMENTS

$1,381

HOUSES

$1,965

TOWNHOUSES

$1,750

As of May 2026, apartments are the most affordable rental option in Lake Wales, FL at $1,381 per month, while houses are the most expensive at $1,965 per month. Townhomes average $1,750 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$995
2 Bedrooms	$1,250
3 Bedrooms	$1,850
4 Bedrooms	$2,133
All	$1,650

As of May 2026, the average rent for a 1 bedroom rental in Lake Wales, FL is $995 per month, followed by $1,250 for a 2 bedroom rental, $1,850 for a 3 bedroom rental, and $2,133 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,500
3 Bedrooms	$1,850
4 Bedrooms	—
All	$1,750

As of May 2026, the average rent for a 1 bedroom townhome in Lake Wales, FL is $1,400 per month, followed by $1,500 for a 2 bedroom townhome, and $1,850 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,200
3 Bedrooms	$1,510
4 Bedrooms	—
All	$1,000

As of May 2026, the average rent for a 1 bedroom apartment in Lake Wales, FL is $900 per month, followed by $1,200 for a 2 bedroom apartment, and $1,510 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$995
2 Bedrooms	$1,411
3 Bedrooms	$1,850
4 Bedrooms	$2,133
All	$1,965

As of May 2026, the average rent for a 1 bedroom house in Lake Wales, FL is $995 per month, followed by $1,411 for a 2 bedroom house, $1,850 for a 3 bedroom house, and $2,133 for a 4 bedroom house.