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Rent by ZIP · Polk County

Rent in Lake Wales, FL 33898

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,420 (+6.8% vs FY2026). Renters in this ZIP code pay a median $1,194 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,110$1,090+1.8%$999–1,221–
1 bedroom$1,180$1,090+8.3%$1,062–1,298$1,184 ±$144
2 bedrooms$1,420$1,330+6.8%$1,278–1,562$1,054 ±$111
3 bedrooms$1,950$1,800+8.3%$1,755–2,145$1,302 ±$208
4 bedrooms$2,370$2,230+6.3%$2,133–2,607$1,375 ±$171

Small Area FMRs for the Lakeland-Winter Haven, FL MSA. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Lakeland-Winter Haven, FL MSA, 2 bedrooms: $1,608.

What renters pay in 33898

Median gross rent$1,194±$91 · all sizes
Renter households94213% of occupied homes
No cash rent50households

How rents are spread

Under $1,00023%
$1,000–1,49961%
$1,500–1,9996%
$2,000–2,4992%
$2,500–2,9997%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
33897Davenport$2,300$1,753
33896Davenport$2,390$1,921
33890Zolfo Springs$1,130$934
33884Winter Haven$1,860$1,570
33881Winter Haven$1,430$1,109
33880Winter Haven$1,440$1,127

Fair Market Rents across Polk County, FL · All FL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.