Median home value: $241K (-4.2% YoY). Rent: $1,456/mo. Price-to-rent: 13.8x. Part of Lakeland-Winter Haven, FL.
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Basic Zillow data only. For stress scores, AI analysis, and trends, Lakeland-Winter Haven, FL metro page.
Home Value$240,866
-4.2%
Rent$1,456/mo
AFFORDABILITYRenting $222/mo cheaper ($1,456 rent)6.00% 30yr, 20% down, county tax + FL ins. 28% per HUD.
Enter your income for Lake Wales.
$48,173 on $240,866
Affordable — 26.8% of income
Under the 28% guideline.
PITI$1,678
P/I26.8%
Afford$251K
Room+$10K
P&I $1,155Tax $173Ins $350
Home Buying Kit For Dummies (2025)Financing, negotiation, closing