Apartments & Homes for Rent in 33859

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What to Know About

Life in Lake Wales & Beyond

Lake Wales shares many of the great qualities that make Florida a desirable place to live.

Florida is a sunshine-filled state known for its beautiful beaches, warm weather, and world-famous theme parks like Walt Disney World, Universal Studios, and Sea World. From its iconic beaches to vibrant cities, you have a unique blend of outdoor adventure and urban excitement. Explore the state's past by visiting attractions like the Kennedy Space Center, the Museum of Florida History, or the Perez Art Museum Miami. In addition, Florida is home to renowned universities such as the University of Florida and Florida State University, University of Miami.

With hundreds of miles of sandy beaches, crystal-clear springs, and lush everglades, Florida is a paradise for visitors and residents alike. The state is also home to several professional sports teams, including the Miami Dolphins (NFL), Tampa Bay Buccaneers (NFL), Florida Panthers (NHL), Tampa Lighting (NHL), Miami Marlins (MLB), Orlando Magic (NBA), and Miami Heat (NBA). Experience all that Florida has to offer, from its stunning beaches and vibrant atmosphere to its rich traditions and thriving economy.

Discover the magic of living in Florida, where the sun shines bright, the economy thrives, and the quality of life is unparalleled, making it the perfect place to call home.

Rental Market Trends

Lake Wales, FL

As of April 2025, Lake Wales's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake Wales's average rent is 33.6% ($733) lower than the Florida average of $2,181 and 19.5% ($351) lower than the U.S. average of $1,799.

Average Rent
$1,448
Monthly ChangeMonth Over Month Change
Increased4.1% ($57)
Yearly ChangeYear Over Year Change
Decreased12.8% ($213)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $924 Decreased8.8% ($89) Decreased18.9% ($216)
2 Beds $1,332 Increased2.6% ($34) Increased6% ($75)
3 Beds $1,672 Increased5.2% ($83) Decreased7.9% ($143)
Nearby Cities Average Rent Avg. Rent vs. Lake WalesAverage Rent vs. Lake Wales Avg. Days on MarketAverage Days on Market
Dundee $1,326 Decreased8.4% ($122) 28 days
Winter Haven $1,696 Increased17.1% ($248) 27 days
Haines City $1,655 Increased14.3% ($207) 31 days
Eagle Lake $1,527 Increased5.5% ($79) 32 days
Bartow $1,611 Increased11.3% ($163) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lake Wales Rental Market FAQs

Explore rental prices, market trends, and availability in Lake Wales, FL.

The average rent in Lake Wales, FL is $1,448 per month.
Homes in Lake Wales typically rent for between $647 and $2,174 per month, with an average of $1,448 per month.
In Lake Wales, the average rent for a 1-bedroom home is $924 per month, for a 2-bedroom home, $1,332 per month, and a 3-bedroom home is $1,672 per month.
The average rent in Lake Wales is 19.5% ($351) lower than the national average of $1,799 per month.
The average rent in Lake Wales has increased by 4.1% ($57) in the last month and decreased by 12.8% ($213) over the past year.
The rental market in Lake Wales, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lake Wales, FL, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 28 rental properties available in Lake Wales, FL.
Based on the current averages, a household would need an annual income of $53,280 to comfortably afford a 2-bedroom home in Lake Wales.
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