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

Rental Market Trends in Lake Wales, FL

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Lake Wales, FL is $1,618 per month, which is 17% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,618

-2.0%-$32 decrease month-over-month

11.6%$168 increase year-over-year

AVAILABLE RENTALS

153

APARTMENTS

$1,170

HOUSES

$1,950

TOWNHOUSES

$1,800

As of June 2026, apartments are the most affordable rental option in Lake Wales, FL at $1,170 per month, while houses are the most expensive at $1,950 per month. Townhomes average $1,800 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,200
3 Bedrooms	$1,800
4 Bedrooms	$2,067
All	$1,618

As of June 2026, the average rent for a 1 bedroom rental in Lake Wales, FL is $950 per month, followed by $1,200 for a 2 bedroom rental, $1,800 for a 3 bedroom rental, and $2,067 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	$1,800

As of June 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	$895
2 Bedrooms	$1,100
3 Bedrooms	$1,425
4 Bedrooms	$1,093
All	$1,000

As of June 2026, the average rent for a 1 bedroom apartment in Lake Wales, FL is $895 per month, followed by $1,100 for a 2 bedroom apartment, $1,425 for a 3 bedroom apartment, and $1,093 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,300
3 Bedrooms	$1,850
4 Bedrooms	$2,067
All	$1,950

As of June 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, $1,850 for a 3 bedroom house, and $2,067 for a 4 bedroom house.