Cheap Homes for Rent in Lake Wales, FL from $700 (14 Rentals)

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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.

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property at 108 Laureti Ln

108 Laureti Ln

Lake WalesFL33898

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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Showing Results 1-14, Page 1 of 1

Lake Wales, FL Local Guide

Cheapest Neighborhoods for Apartments in Lake Wales, FL

Pricing Updated: 07/21/2025

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
View Pointe$1,020$60010
Altadena$1,089$6505
North Grove$2,140$1,1501

Cheapest Available Lake Wales Apartments for Rent

 

The cheapest available apartment rental in Lake Wales, FL is a Studio unit found at La Provence Studios - PROMO: 50% OFF FIRST... in the Altadena neighborhood priced from $900. Georgetown Square Apartments in the Altadena neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Lake Wales apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Provence Studios - PROMO: 50% OFF FIRST...0BR/1.0BAStudio,1BA$900
Georgetown Square Apartments1 Bedroom1BR,1BA$1,000
Della Vita ApartmentsOne Bedroom1BR,1BA$1,099
The Arbours at Garden GroveOne Bedroom/One Bath1BR,1BA$1,251
Serenity at Lake WalesBliss1BR,1BA$1,290

Best Value Apartments for Rent in Lake Wales, FL

As of July 21, 2025 the best value apartment in the Lake Wales area is the $1.98 price per square foot Haven Model at Serenity at Lake Wales in the in the Hart Lake Hills neighborhood starting from $2,285. The second greatest value Lake Wales apartment is the Berkeley Model at The Carlton at Lake Dexter starting at $1,387 with a $1.40 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$1.98
The Carlton at Lake DexterBerkeley1BR,1BA$1.40
Della Vita ApartmentsTwo Bedroom 2 Bath2BR,2BA$1.50
The Arbours at Garden GroveOne Bedroom/One Bath1BR,1BA$1.41
Prose Cypress PointeA11BR,1BA$1.80
Georgetown Square Apartments1 Bedroom1BR,1BA$1.39
The Waverly at Winter HavenA31BR,1BA$2.32
La Provence Studios0BR/1.0BAStudio ,1BA$2.81

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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 $600 to $3,045. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Wales ranging from $750 to $3,200.

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 $750 to $3,200 with an average monthly rent of $1,638.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.