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

Rental Market Trends in Lake Wales, FL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Lake Wales, FL is $1,600 per month, which is 18% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$1,600

5.3%$80 increase month-over-month

6.7%$100 increase year-over-year

AVAILABLE RENTALS

145

APARTMENTS

$1,357

HOUSES

$1,850

TOWNHOUSES

$1,425

As of August 2026, apartments are the most affordable rental option in Lake Wales, FL at $1,357 per month, while houses are the most expensive at $1,850 per month. Townhomes average $1,425 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$985
2 Bedrooms	$1,300
3 Bedrooms	$1,775
4 Bedrooms	$2,045
All	$1,600

As of August 2026, the average rent for a 1 bedroom rental in Lake Wales, FL is $985 per month, followed by $1,300 for a 2 bedroom rental, $1,775 for a 3 bedroom rental, and $2,045 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,425
3 Bedrooms	$2,195
4 Bedrooms	—
All	$1,425

As of August 2026, the average rent for a 2 bedroom townhome in Lake Wales, FL is $1,425 per month, followed by $2,195 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$875
2 Bedrooms	$1,150
3 Bedrooms	$1,470
4 Bedrooms	$1,364
All	$1,000

As of August 2026, the average rent for a 1 bedroom apartment in Lake Wales, FL is $875 per month, followed by $1,150 for a 2 bedroom apartment, $1,470 for a 3 bedroom apartment, and $1,364 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,300
3 Bedrooms	$1,800
4 Bedrooms	$2,045
All	$1,850

As of August 2026, the average rent for a 1 bedroom house in Lake Wales, FL is $950 per month, followed by $1,300 for a 2 bedroom house, $1,800 for a 3 bedroom house, and $2,045 for a 4 bedroom house.