
Cheap Homes for Rent in Lake Wales, FL from $600 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Wales.


131 B St

238 C St

2414 McKinley Dr

324 Pearl St

932 Hart St

622 Booker 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.

455 Buck Moore Rd

4020 N Scenic Hwy, Unit 101

4720 Wales St

2709 Club Cir

335 E Central Ave

3109 Walden Shores Blvd

3128 Walden Shores Blvd
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.

3117 Walden Shores Blvd

3337 Walden Shores Blvd

3104 Walden Shores Blvd

3269 Walden Shores Blvd

3266 Walden Shores Blvd

157 E Northside Dr

3706 N Scenic Hwy
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.

10378 Camp Mack Rd

711 Springer Dr

104 W Stuart Ave

1438 Thousand Roses Dr S

425 F St

420 Alabama St

3125 Opal Dr
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.

2540 Elm Ave
Lake Wales, FL Local Guide

How much does it cost to rent a home in Lake Wales?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Wales 2 Bedroom Homes for Rent | $1,291 | $600 | $2,000 |
| Lake Wales 3 Bedroom Homes for Rent | $1,855 | $999 | $4,500 |
| Lake Wales 4 Bedroom Homes for Rent | $2,137 | $1,900 | $2,600 |
| Lake Wales 5 Bedroom Homes for Rent | $2,257 | $2,150 | $2,300 |
| Lake Wales 6 Bedroom Homes for Rent | $2,450 | $2,450 | $2,450 |
Browse Top Homes for Rent in Lake Wales
Explore Lake Wales
Lake Wales, FL Local Guide
- Lake Wales Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Lake Wales, FL
Pricing Updated: 06/11/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Altadena | $1,600 | $900 | 7 |
| View Pointe | $1,600 | $900 | 10 |
| North Grove | $2,099 | $750 | 34 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Quails Bluff | Quails Bluff A | 1BR,1BA | $965 |
| Della Vita Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,160 |
| Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $1,263 |
| Serenity at Lake Wales | Bliss | 1BR,1BA | $1,290 |
| Prose Cypress Pointe | A1 | 1BR,1BA | $1,299 |
| Alera at Hunters Glen | A2 | 1BR,1BA | $1,299 |
| The Carlton at Lake Dexter | Berkeley | 1BR,1BA | $1,397 |
| Carlton Arms Of Winter Haven | (CC1-2) Upstairs | 2BR,2BA | $1,407 |
| The Waverly at Winter Haven | A2 | 1BR,1BA | $1,480 |
Best Value Apartments for Rent in Lake Wales, FL
As of June 11, 2026 the best value apartment in the Lake Wales area is the $1.93 price per square foot Haven Model at Serenity at Lake Wales in the in the Hart Lake Hills neighborhood starting from $2,225. The second greatest value Lake Wales apartment is the Two Bedrooms/Two Baths Reno Model at The Arbours at Garden Grove starting at $1,375 with a $1.24 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Serenity at Lake Wales | Haven | 2BR,2BA | $1.93 |
| The Arbours at Garden Grove | Two Bedrooms/Two Baths Reno | 2BR,2BA | $1.24 |
| The Carlton at Lake Dexter | Berkeley | 1BR,1BA | $1.41 |
| Alera at Hunters Glen | B1 | 2BR,2BA | $1.90 |
| Quails Bluff | Quails Bluff C | 2BR,2BA | $1.23 |
| Carlton Arms Of Winter Haven | (CC1-2) Upstairs | 2BR,2BA | $1.58 |
| Prose Cypress Pointe | A1 | 1BR,1BA | $1.56 |
| Della Vita Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.55 |
| Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $1.75 |
| The Waverly at Winter Haven | A2 | 1BR,1BA | $2.21 |
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 ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Wales, FL Rentals by Map
See the most popular apartments and homes in Lake Wales, FL
Frequently Asked Questions about Lake Wales
What type of rentals are currently available in Lake Wales?
There are currently 86 Apartments for Rent in Lake Wales, FL with pricing that ranges from $900 to $3,045. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Wales ranging from $600 to $4,500.
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 $4,500 with an average monthly rent of $1,688.
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 $1,575 to $3,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,885.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.