Average Rent in Lake Wales, FL

Lake Wales rentals average $1,000 for a 1-bedroom rental to $2,200 for a 4-bedroom rental. The median price of all currently available listings is $1,800, or roughly $1 per square feet.

For the apartment units and housing in February 2025, median rents have fallenover the last year. Studio rentals prices have increased by $2,408 (220.61%) year-over-year from $1,092 to $3,500. 1-bedroom rentals prices have decreased by $73 (-6.76%) year-over-year from $1,073 to $1,000. 2-bedroom rentals prices have decreased by $398 (-26.59%) year-over-year from $1,498 to $1,100. 3-bedroom rentals prices have increased by $46 (2.54%) year-over-year from $1,804 to $1,850. 4-bedroom rentals prices have increased by $84 (3.95%) year-over-year from $2,117 to $2,200. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 11.11% this month. 2-bedroom rents have gone down by 0.35% this month. 3-bedroom rents have gone down by 3.90% this month. 4-bedroom rents have gone up by 7.40% this month.