Lake Wales, FL Housing Statistics

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A+

2%

Med. Home Val. NAT. AVG.

8%

Rent NAT. AVG.

14%

Owner Occ. NAT. AVG.

Lake Wales Housing Information

Index	Lake Wales	Florida	National
Median home price	$319,906	$299,597	$326,622
Median rent asked	$1,332	$1,557	$1,444
Avg. people per household	2.5	2.6	2.6
Owner occupied households	54.7%	64.8%	63.6%
Renter occupied households	45.3%	35.2%	36.4%

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Homes For Sale In Lake Wales, FL

142 Winston Ave

Lake Wales, FL

2751 Park Ave

Indian Lake Estates, FL

808 Orchid Dr

Indian Lake Estates, FL

3545 Tiger Creek Trl

Lake Wales, FL

Housing Quick Facts

The median home price in Lake Wales is 2% lower than the national average.
The median rent asked in Lake Wales is 8% lower than the national average.
The average number of people per household in Lake Wales is 4% lower than the national average.
The number of owner occupied households in Lake Wales is 14% lower than the national average.
The number of renter occupied households in Lake Wales is 24% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Wahneta, FL	4,120	$103,212	68%
Frostproof, FL	3,285	$157,770	52%
Crooked Lake Park, FL	1,644	$160,093	51%
Inwood, FL	7,469	$160,949	51%
Fort Meade, FL	6,360	$168,299	48%
Lake Wales, FL	16,926	$319,906	2%

Cities with similar population

	Population	Home Price	National Avg.
Gainesville, TX	16,922	$186,001	43%
Country Club Hills, IL	16,930	$237,738	27%
Douglas, AZ	16,920	$190,742	42%
East Riverdale, MD	16,911	$485,930	49%
Four Corners, OR	16,909	$378,784	16%
Lake Wales, FL	16,926	$319,906	2%

Source: The Lake Wales, FL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.