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States / Florida / Lake Wales

Lake Wales, FL Housing

ACS 2020-2024

Median Home Value
$239,300 ± $12,723
Median Gross Rent
$1,110 ± $79/mo
Homeownership Rate
59.2%
Rent as Share of Income
23.6%
Price-to-Income Ratio
4.2×
Vacancy Rate
15.8%
Median Year Built
1991

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
339
Buildings
322
Single-Family Units
306
Multi-Family Units
33

Nearby Cities in Florida

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Lake Wales, FL Housing: Rent & Home Values | HomeDataUSA