Lake Wales, FL rental market

What is the average rent in Lake Wales, FL?

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Last updated August 17, 2026

Rental market summary

The average rent for all bedrooms and all property types in Lake Wales, FL is $1,500.

Average rent

$1,500

Month-over-month change

+$50

Year-over-year change

-$100

Available rentals

134

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $600 to $4,741.

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Rent frequencies
Rent priceNumber of rental properties
$5001
$6003
$7007
$8007
$90015
$1,0002
$1,1009
$1,20010
$1,30012
$1,40018
$1,5006
$1,60010
$1,70018
$1,80016
$1,9009
$2,0006
$2,1006
$2,2008
$2,3005
$2,4001
$2,5005
$2,6003
$3,6001
$3,7002
$3,8002
$3,9001
$4,700+1

Average rent price over time

In the last year, rent has decreased by $100 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,400$1,700
Feb$1,400$1,650
Mar$1,400$1,795
Apr$1,600$1,550
May$1,400$1,650
Jun$1,399$1,650
Jul$1,399$1,545
Aug$1,500$1,475
Sep$1,650No data
Oct$1,650No data
Nov$1,679No data
Dec$1,850No data

Market temperature

The Lake Wales, FL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Lake Wales, FL is 25% lower than the national average.

Lake Wales, FLvs.

$1,500

$2,000

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Frequently asked questions

1. What is the average rent in Lake Wales, FL?

The average rent in Lake Wales, FL is $1,500.

2. What is the average rent for a studio apartment in Lake Wales, FL?

The average rent for a studio apartment in Lake Wales, FL is $699 per month.

3. What is the average rent for a one-bedroom apartment in Lake Wales, FL?

The average rent for a one-bedroom apartment in Lake Wales, FL is $950 per month.

4. What is the average rent for a two-bedroom apartment in Lake Wales, FL?

The average rent for a two-bedroom apartment in Lake Wales, FL is $1,300 per month.

5. What is the average rent for a three-bedroom apartment in Lake Wales, FL?

The average rent for a three-bedroom apartment in Lake Wales, FL is $1,750 per month.

6. What is the average rent for a four-bedroom apartment in Lake Wales, FL?

The average rent for a four-bedroom apartment in Lake Wales, FL is $2,175 per month.

7. How much does it cost to rent a house in Lake Wales, FL?

Houses in Lake Wales, FL rent between $600 - $4,741 with an average rent of $1,500.

8. How has the rent in Lake Wales, FL changed in the last year?

In the last year, the rent in Lake Wales, FL decreased by $100

9. How much has the rent in Lake Wales, FL increased/decreased in the last month?

In the last month, the rent in Lake Wales, FL increased by $50

10. How many available rentals are there in Lake Wales, FL?

There are currently 134 rentals available in Lake Wales, FL.

11. How do rent prices in Lake Wales, FL compare with the national average?

The average rent in Lake Wales, FL is $1,500 — 25% lower the national average of $2,000.

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