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Rent in Lake Wales, FL: Prices & Apartments for Rent

As of October 17, 2026, the median asking rent for a 1-bedroom in Lake Wales, FL is $950/month, based on 20 active listings on Redfin, Zillow and ApartmentHomeLiving. 2-bedroom: $1,250 (59 listings).

That is 45% below the Florida 1-bedroom median of about $1,728. Nearby, the 1-bedroom median ranges from $925 in Sebring to $1,350 in Kissimmee.

Updated · 244 listings. Prices are advertised asking rents; check availability on the original listing. How we calculate

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Median rent in Lake Wales

From listings with a single price and a single bedroom count. Fewer than 20 such listings and we leave the figure out.

Studio
—
1 listing
1 bedroom
$950
20 listings
2 bedrooms
$1,250
59 listings
3+ bedrooms
$1,900
89 listings

Rentals in Lake Wales

See all 244 on the map →

Renting in Lake Wales: common questions

What is the median rent for a 1-bedroom apartment in Lake Wales, FL?
As of October 17, 2026, the median asking rent for a 1-bedroom in Lake Wales, FL is $950 per month, based on 20 listings with a single price. A 2-bedroom has a median of $1,250.
How many rentals are available in Lake Wales, FL?
244 rentals are listed in Lake Wales, FL on Redfin, Zillow and ApartmentHomeLiving as of October 17, 2026, after removing listings that appear on more than one site.
How are these rent prices calculated?
We collect active listings from Redfin, Zillow and ApartmentHomeLiving, remove duplicates across sites, and take the median of asking rents for listings with one price and one bedroom count. If fewer than 20 listings qualify for a bedroom size, we leave that figure out. Read the full methodology
How much income do I need to rent in Lake Wales, FL?
Many landlords ask for gross income of at least 3 times the monthly rent. For a median 1-bedroom at $950/month, that is about $2,850 a month, or $34,200 a year.
What is the cheapest city near Lake Wales, FL to rent in?
Among nearby cities we track, Sebring, FL has the lowest median 1-bedroom rent at $925/month, $25 less than Lake Wales.

Rent in cities near Lake Wales

All cities in Florida · Cheapest places to rent in Florida · Embed this data