Lake Wales FL Apartments

36 rentals

Apartments For Rent Near Lake Wales, FL

We found 30 more apartments matching your filters just outside Lake Wales

Average Rent Trends in Lake Wales, FL

Rent in Lake Wales, FL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Jul 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
MonthAverage rent
Aug 2025$1,269
Sep 2025$1,198
Oct 2025$1,094
Nov 2025$1,125
Dec 2025$1,117
Jan 2026$1,143
Feb 2026$1,121
Mar 2026$1,023
Apr 2026$1,219
May 2026$1,380
Jun 2026$1,394
Jul 2026$1,182
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$950$1,200$1,800$2,067$1,625
Townhomes$1,400$1,500$1,850—$1,800
Apartments and Condos$888$1,000$1,435$1,093$999
Houses$950$1,300$1,860$2,067$1,950
See more information about local market trends in Lake Wales, FL

Frequently Asked Questions about Apartments and Condos for rent in Lake Wales, FL

  • What is the average rent of an apartment in Lake Wales, FL?
    The average rent of an apartment in Lake Wales, FL is $1,177 per month. This is about 40% lower than the national average.
  • When is the average rent for an apartment cheapest in Lake Wales, FL?
    In the last year, the average rent in Lake Wales, FL was lowest in May 2025 when it was $978 per month.
  • When is the average rent for an apartment most expensive in Lake Wales, FL?
    In the last year, the average rent in Lake Wales, FL was highest in Aug 2025 when it was $1,269 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Lake Wales, FL?
    The average rent of a 1 bedroom apartment in Lake Wales, FL is $1,229 per month. That is about $454 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Lake Wales, FL?
    There are 54 available apartments or condos to rent in Lake Wales, FL.
  • What are some zip codes in Lake Wales, FL?
    Lake Wales, FL includes zip codes such as: 33898, 33853, 33859, 33827, 33855.
  • What are some cities near Lake Wales, FL?
    Some nearby cities include: Babson Park, Hillcrest Heights, Highland Park, Frostproof, River Ranch. These cities may have more rental options to explore.
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