Cheap Apartments for Rent in Lake Wales, FL from $800 (39 Rentals)

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

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26 W Polk Ave, Unit C
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
Studio Apartment Available Now

26 W Polk Ave, Unit C

26 W Polk AveLake Wales, FL 33853
Affordability
  • Smoke Free
property at 305 E Polk Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

305 E Polk Ave

Lake WalesFL33853
property at 2854 Tindel Camp Rd

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

2854 Tindel Camp Rd, Unit 5

2854 Tindel Camp Rd
Lake WalesFL33898
property at 2854 Tindel Camp Rd

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2854 Tindel Camp Rd, Unit 8

2854 Tindel Camp Rd
Lake WalesFL33898

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Sunrise Park
1 to 4 Bedroom Apartments

Sunrise Park

750 Old Scenic HwyLake Wales, FL 33853

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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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

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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1 Lamplight Ln
1 Bedroom Apartments

1 Lamplight Ln

1 Lamplight LnWinter Haven, FL 33884
Showing Results 1-39, Page 1 of 1

Lake Wales, FL Local Guide

Cheapest Neighborhoods for Apartments in Lake Wales, FL

Pricing Updated: 08/25/2026

Current apartment rentals in the Lake Wales, FL area range in price from $750 to $4,741 with an overall median price of $1,214. Here is today’s list neighborhoods with the lowest median pricing for Lake Wales Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Altadena$1,060$8008
View Pointe$1,110$80010
South Lake Wales$1,300$1,3001
North Grove$1,650$7505

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. Georgetown Square Apartments in the Altadena neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,134. 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
Georgetown Square Apartments1 Bedroom1BR,1BA$1,134
The Arbours at Garden GroveOne Bedroom/One Bath Reno1BR,1BA$1,225
Della Vita ApartmentsTwo Bed 1 Bath2BR,1BA$1,265
Serenity at Lake WalesBliss1BR,1BA$1,290
Prose Cypress PointeA11BR,1BA$1,299
Alera at Hunters GlenA11BR,1BA$1,380

Best Value Apartments for Rent in Lake Wales, FL

As of August 25, 2026 the best value apartment in the Lake Wales area is the $0.63 price per square foot 136 Myrtle Ave Model at 136 Myrtle Ave, Unit House of Warriors in the in the Southeast Polk neighborhood starting from $950. 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.
136 Myrtle Ave, Unit House of Warriors136 Myrtle Ave2BR,1BA$0.63
Serenity at Lake WalesHaven2BR,2BA$1.93
The Carlton at Lake DexterBerkeley1BR,1BA$1.41
Carlton Arms Of Winter Haven(CC1-2) Upstairs2BR,2BA$1.58
The Arbours at Garden GroveOne Bedroom/One Bath Reno1BR,1BA$1.38
Della Vita ApartmentsTwo Bed 1 Bath2BR,1BA$1.45
Quails BluffQuails Bluff B2BR,1BA$1.32
Prose Cypress PointeA11BR,1BA$1.56
Georgetown Square Apartments1 Bedroom1BR,1BA$1.57
26 W Polk Ave, Unit C26 W Polk AveStudio ,1BA$1.82

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

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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 $1,060 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 The Carlton at Lake Dexter and starts from $1,864.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.