
Cheap Homes for Rent in Lake Wales, FL from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Wales.


1306 Diego Ter, Unit B

318 Pearl St

7098 Alamanda Blvd W

342 E Tillman Ave

522 Washington Ave

110 W Orange Ave

457 Jackson St

425 F St
Lake Wales, FL Local Guide

How much does it cost to rent a home in Lake Wales?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Wales 2 Bedroom Homes for Rent | $1,525 | $1,050 | $2,400 |
Lake Wales 3 Bedroom Homes for Rent | $1,860 | $1,250 | $2,500 |
Lake Wales 4 Bedroom Homes for Rent | $2,252 | $1,900 | $2,800 |
Lake Wales 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Lake Wales
Explore Lake Wales
Lake Wales, FL Local Guide
- Lake Wales Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lake Wales, FL
Pricing Updated: 03/23/2025Current apartment rentals in the Lake Wales, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Wales Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Altadena | $1,050 | $905 | 112 |
View Pointe | $1,050 | $905 | 112 |
North Grove | $2,557 | $912 | 640 |
Cheapest Available Lake Wales Apartments for Rent
 The cheapest available apartment rental in Lake Wales, FL is a 1 Bed unit found at Georgetown Square Apartments in the Altadena neighborhood priced from $965. Della Vita Apartments in the Cypress Grove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,269. Here is today’s list of the most affordable Lake Wales apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $965 |
Della Vita Apartments | One Bedroom | 1BR,1BA | $1,269 |
The Arbours at Garden Grove | One Bedroom/One Bath Reno | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Lake Wales, FL
As of March 23, 2025 the best value apartment in the Lake Wales area is the $1.50 price per square foot One Bedroom/One Bath Reno Model at The Arbours at Garden Grove in the in the Cypress Grove neighborhood starting from $1,325. The second greatest value Lake Wales apartment is the A1 Model at Prose Cypress Pointe starting at $1,399 with a $1.68 price per square foot in the Cypress Grove neighborhood. Here is today’s list of the best values for Lake Wales apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Arbours at Garden Grove | One Bedroom/One Bath Reno | 1BR,1BA | $1.50 |
Prose Cypress Pointe | A1 | 1BR,1BA | $1.68 |
Serenity at Lake Wales | Arcadian | 1BR,1BA | $2.23 |
Della Vita Apartments | One Bedroom | 1BR,1BA | $1.69 |
Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $1.34 |
The Waverly at Winter Haven | A3 | 1BR,1BA | $2.32 |
The Carlton at Lake Dexter | Essex | 1BR,1BA | $2.33 |
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Frequently Asked Questions about Lake Wales
What type of rentals are currently available in Lake Wales?
There are currently 76 Apartments for Rent in Lake Wales, FL with pricing that ranges from $905 to $2,920. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Wales ranging from $750 to $2,800.
What is the current price range for Rental Homes in Lake Wales?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Wales ranges from $750 to $2,800 with an average monthly rent of $1,827.
How much are larger Three and Four Bedroom Rentals in Lake Wales?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Wales range from $1,590 to $2,920, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,975.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.