Cheap Homes for Rent in Lake Wales, FL from $600 (14 Rentals)

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property at 131 B St

131 B St

Lake WalesFL33853

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.

property at 331 E St

331 E Street Unit

331 E 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.

Lake Wales, FL Local Guide

Cheapest Neighborhoods for Apartments in Lake Wales, FL

Pricing Updated: 12/01/2025

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$1,200$7005
View Pointe$1,200$70010
North Grove$2,165$77527

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

Best Value Apartments for Rent in Lake Wales, FL

As of December 01, 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.

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

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Frequently Asked Questions about Lake Wales

What type of rentals are currently available in Lake Wales?

There are currently 83 Apartments for Rent in Lake Wales, FL with pricing that ranges from $700 to $3,045. There are also 144 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Wales ranging from $600 to $2,815.

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 $600 to $2,815 with an average monthly rent of $1,834.

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 $3,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,815. Four Bedroom Single-Family rentals are also available starting from $1,639 and Four Bedroom Apartments start at $1,895.

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.