Cheap Apartments for Rent in Lake Wales, FL from $700 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Wales.

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.

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Sunrise Park
1 to 4 Bedroom Apartments

Sunrise Park

750 Old Scenic HwyLake Wales, FL 33853

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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.

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Tower Point Apartments
2 to 4 Bedroom Apartments

Tower Point Apartments

100 Tower Point CirLake Wales, FL 33859
  • Utilities Included
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Carillon Place
1 to 3 Bedroom Apartments

Carillon Place

1300 Carillon PlLake Wales, FL 33898
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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property at 3821 Club Cir

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

3821 Club Cir

Lake WalesFL33898
property at 2540 Elm Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

2540 Elm Ave

Lake WalesFL33898
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1 Lamplight Ln
1 Bedroom Apartments

1 Lamplight Ln

1 Lamplight LnWinter Haven, FL 33884

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-41, Page 1 of 1

Lake Wales, FL Local Guide

Cheapest Neighborhoods for Apartments in Lake Wales, FL

Pricing Updated: 07/11/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Altadena$1,872$9957
South Lake Wales$2,150$1,10012
North Grove$2,349$1,39016
View Pointe$2,450$60034

Cheapest Available Lake Wales Apartments for Rent

 

The cheapest available apartment rental in Lake Wales, FL is a 1 Bed unit found at Quails Bluff 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 $1,160. Here is today’s list of the most affordable Lake Wales apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quails BluffQuails Bluff A1BR,1BA$965
Della Vita Apartments1 Bed 1 Bath1BR,1BA$1,160
Georgetown Square Apartments1 Bedroom1BR,1BA$1,263
Serenity at Lake WalesBliss1BR,1BA$1,290
Alera at Hunters GlenA31BR,1BA$1,310
The Carlton at Lake DexterBerkeley1BR,1BA$1,397
Carlton Arms Of Winter Haven(CC2-2) Upstairs2BR,2BA$1,415
The Waverly at Winter HavenA21BR,1BA$1,505
Prose Cypress PointeA11BR,1BA$1,625
The Arbours at Garden GroveThree Bedrooms/Two Baths3BR,2BA$1,733

Best Value Apartments for Rent in Lake Wales, FL

As of July 11, 2026 the best value apartment in the Lake Wales area is the $1.36 price per square foot Three Bedrooms/Two Baths Model at The Arbours at Garden Grove in the in the Cypress Grove neighborhood starting from $1,733. The second greatest value Lake Wales apartment is the Haven Model at Serenity at Lake Wales starting at $2,225 with a $1.93 price per square foot in the Hart Lake Hills neighborhood. Here is today’s list of the best values for Lake Wales apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Arbours at Garden GroveThree Bedrooms/Two Baths3BR,2BA$1.36
Serenity at Lake WalesHaven2BR,2BA$1.93
The Carlton at Lake DexterBerkeley1BR,1BA$1.41
Carlton Arms Of Winter Haven(CC2-2) Upstairs2BR,2BA$1.44
Quails BluffQuails Bluff C2BR,2BA$1.23
Prose Cypress PointeA11BR,1BA$1.95
Della Vita Apartments1 Bed 1 Bath1BR,1BA$1.55
Georgetown Square Apartments1 Bedroom1BR,1BA$1.75
The Waverly at Winter HavenA31BR,1BA$2.32
Alera at Hunters GlenA11BR,1BA$2.31

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Wales, FL Rentals by Map

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See the most popular apartments and homes in Lake Wales, FL

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Frequently Asked Questions about Cheap Lake Wales Apartments

How much is rent for a Cheap One Bedroom Lake Wales Apartment?

The lowest price for a Cheap One Bedroom Lake Wales Apartment is $965 at Quails Bluff.

What is the lowest price for a Cheap Two Bedroom Lake Wales Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Wales is starting from $1,110 at Quails Bluff.

What is the most affordable Lake Wales Three Bedroom Apartment?

The best deal on a cheap Lake Wales Three Bedroom Apartment rental is at Della Vita Apartments and starts from $1,575.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.