Cheap Apartments for Rent in Lake Wales, FL from $700 (31 Rentals)

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

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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property at 131 B St

131 B St

Lake WalesFL33853

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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Sunrise Park
1 to 4 Bedroom Apartments

Sunrise Park

750 Old Scenic HwyLake Wales, FL 33853

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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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
property at 331 E St

331 E Street Unit

331 E St
Lake WalesFL33853

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1 Lamplight Ln
1 Bedroom Apartments

1 Lamplight Ln

1 Lamplight LnWinter Haven, FL 33884
Showing Results 1-31, Page 1 of 1

Lake Wales, FL Local Guide

Cheapest Neighborhoods for Apartments in Lake Wales, FL

Pricing Updated: 12/02/2025

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$1,800$8004
South Lake Wales$2,200$8504
View Pointe$2,300$60036
North Grove$3,250$1,00019

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 $885. 1 Lamplight Ln in the Cypress Grove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Lake Wales apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Georgetown Square Apartments1 Bedroom1BR,1BA$885
1 Lamplight LnSunrise1BR,1BA$950
La Provence Studios$0 SECURITY DEPOSIT if moving by December 1st! ...Studio,1BA$1,100
The Arbours at Garden GroveOne Bedroom/One Bath1BR,1BA$1,251
The Carlton at Lake DexterBerkeley1BR,1BA$1,257
Serenity at Lake WalesBliss1BR,1BA$1,290
Prose Cypress PointeA11BR,1BA$1,349
Della Vita ApartmentsTwo Bed 1 Bath2BR,1BA$1,365
Alera at Hunters GlenA21BR,1BA$1,380
The Waverly at Winter HavenA21BR,1BA$1,480

Best Value Apartments for Rent in Lake Wales, FL

As of December 02, 2025 the best value apartment in the Lake Wales area is the $1.95 price per square foot Haven Model at Serenity at Lake Wales in the in the Hart Lake Hills neighborhood starting from $2,250. The second greatest value Lake Wales apartment is the Berkeley Model at The Carlton at Lake Dexter starting at $1,257 with a $1.27 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Serenity at Lake WalesHaven2BR,2BA$1.95
The Carlton at Lake DexterBerkeley1BR,1BA$1.27
The Arbours at Garden GroveOne Bedroom/One Bath1BR,1BA$1.41
Della Vita ApartmentsTwo Bed 1 Bath2BR,1BA$1.56
Prose Cypress PointeA11BR,1BA$1.62
Georgetown Square Apartments1 Bedroom1BR,1BA$1.23
1 Lamplight LnSunrise1BR,1BA$1.36
The Waverly at Winter HavenA31BR,1BA$2.32
Alera at Hunters GlenA11BR,1BA$2.23
La Provence Studios$0 SECURITY DEPOSIT if moving by December 1st! ...Studio ,1BA$3.44

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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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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Getting Around Lake Wales, FL

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake Wales Apartments

What is the Cheapest Studio apartment in Lake Wales?

Currently the most affordable Cheap Studio Apartment in Lake Wales is at La Provence Studios listed at $1,100.

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

The lowest price for a Cheap One Bedroom Lake Wales Apartment is $885 at Georgetown Square Apartments.

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 $1,365 at Della Vita Apartments.

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 $1,675.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.