
Cheap Homes for Rent in Lake Wales, FL from $795 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Wales.


324 Pearl St

318 Pearl St

455 Buck Moore Rd

3731 FL-60
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.

157 E Northside Dr

2709 Club Cir

434 E Tillman Ave

3337 Walden Shores Blvd

425 F St
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.

1425 Thousand Roses Dr S

522 Washington Ave

2854 Tindel Camp Rd, Unit 5

2854 Tindel Camp Rd, Unit 8

8402 Waterview Way, Unit 8402
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.

3125 Opal Dr
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 | $1,356 | $925 | $1,700 |
| Lake Wales 3 Bedroom Homes for Rent | $1,772 | $999 | $3,250 |
| Lake Wales 4 Bedroom Homes for Rent | $2,047 | $1,750 | $2,450 |
| Lake Wales 5 Bedroom Homes for Rent | $2,260 | $2,195 | $2,295 |
Browse Top Homes for Rent in Lake Wales
Explore Lake Wales
Lake Wales, FL Local Guide
- Lake Wales Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Lake Wales, FL
Pricing Updated: 09/10/2026Current apartment rentals in the Lake Wales, FL area range in price from $750 to $4,741 with an overall median price of $1,320. 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 | $1,110 | $850 | 6 |
| View Pointe | $1,233 | $850 | 8 |
| South Lake Wales | $1,300 | $1,300 | 1 |
| North Grove | $1,815 | $750 | 4 |
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. La Provence Studios in the Altadena neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. 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 |
| La Provence Studios | Studios | Studio,1BA | $1,050 |
| Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $1,134 |
| The Arbours at Garden Grove | One Bedroom/One Bath | 1BR,1BA | $1,251 |
| Della Vita Apartments | Two Bed 1 Bath | 2BR,1BA | $1,265 |
Best Value Apartments for Rent in Lake Wales, FL
As of September 10, 2026 the best value apartment in the Lake Wales area is the $1.41 price per square foot Berkeley Model at The Carlton at Lake Dexter in the in the Cypress Grove neighborhood starting from $1,397. The second greatest value Lake Wales apartment is the (CC1-2) Upstairs Model at Carlton Arms Of Winter Haven starting at $1,427 with a $1.60 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. |
|---|---|---|---|
| The Carlton at Lake Dexter | Berkeley | 1BR,1BA | $1.41 |
| Carlton Arms Of Winter Haven | (CC1-2) Upstairs | 2BR,2BA | $1.60 |
| The Arbours at Garden Grove | One Bedroom/One Bath | 1BR,1BA | $1.41 |
| Della Vita Apartments | Two Bed 1 Bath | 2BR,1BA | $1.45 |
| Quails Bluff | Quails Bluff B | 2BR,1BA | $1.32 |
| Prose Cypress Pointe | A1 | 1BR,1BA | $1.56 |
| Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $1.57 |
| The Waverly at Winter Haven | A3 | 1BR,1BA | $2.32 |
| Alera at Hunters Glen | A1 | 1BR,1BA | $2.23 |
| 520 Lemon St, Unit Apartment | 520 Lemon St | 1BR,1BA | $2.13 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 82 Apartments for Rent in Lake Wales, FL with pricing that ranges from $850 to $4,741. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Wales ranging from $795 to $3,250.
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 $795 to $3,250 with an average monthly rent of $1,619.
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 $1,718 to $3,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $4,741.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.