
Cheap Apartments for Rent in the Altadena Neighborhood of Lake Wales, FL from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Altadena area of Lake Wales.


Quails Bluff

207 N Phillips St

27 W Crystal

42 W Bullard Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

130 E Johnson Ave

Chelette Manor

232 E St

282 E Park Ave

Carillon Place
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1854 S Highland Park Dr

Lake Wales Garden

Orangemont Village Apartments

Lake Wales Villas

Sunrise Park
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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

315 Ridge Manor Dr
Altadena, Lake Wales, FL Local Guide

How much does it cost to rent an apartment in Altadena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Altadena Studio Apartments | $1,066 | $999 | $1,200 |
| Altadena 1 Bedroom Apartments | $1,173 | $965 | $1,348 |
| Altadena 2 Bedroom Apartments | $1,303 | $1,060 | $1,486 |
| Altadena 3 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Altadena Neighborhood of Lake Wales, FL.
See all Apartments in Lake WalesExplore Lake Wales
Altadena, Lake Wales, FL Local Guide
- Nearby Lake Wales neighborhoods
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Cheapest Available Altadena Apartments for Rent
 The cheapest available apartment rental in the Altadena area of Lake Wales, FL is a 1 Bed unit found at Quails Bluff priced from $965. La Provence Studios has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Altadena apartments for rent in Lake Wales, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Quails Bluff | Quails Bluff A | 1BR,1BA | $965 |
| La Provence Studios | Studios | Studio,1BA | $999 |
| Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $1,263 |
Best Value Apartments for Rent in Altadena, FL
As of April 23, 2026 the best value apartment in the Altadena area is the $1.23 price per square foot Quails Bluff C Model at Quails Bluff in the in the Altadena neighborhood starting from $1,110. The second greatest value Altadena apartment is the 240 Mlk Blvd S Model at 240 Mlk Blvd S, Unit 2 starting at $1,400 with a $1.67 price per square foot in the Altadena neighborhood. Here is today’s list of the best values for Altadena apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Quails Bluff | Quails Bluff C | 2BR,2BA | $1.23 |
| 240 Mlk Blvd S, Unit 2 | 240 Mlk Blvd S | 2BR,1BA | $1.67 |
| Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $1.75 |
| La Provence Studios | Studios | Studio ,1BA | $3.12 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Altadena, Lake Wales, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Altadena Apartments
What is the Cheapest Studio apartment in Altadena?
Currently the most affordable Cheap Studio Apartment in Altadena is at La Provence Studios listed at $999.
How much is rent for a Cheap One Bedroom Altadena Apartment?
The lowest price for a Cheap One Bedroom Altadena Apartment is $965 at Quails Bluff.
What is the lowest price for a Cheap Two Bedroom Altadena Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Altadena is starting from $1,110 at Quails Bluff.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.