Rent Your Vacation Home or Condo in Lake Wales, Florida

When considering whether or not to rent out your home as a short-term rental, it's important to keep in mind the latest trends in the industry. In recent years, there has been a surge in popularity of vacation rentals in Lake Wales, Florida. This is due in part to the fact that Lake Wales is a beautiful and sunny destination, and it's easy to get to from most major cities. There are a number of things you can do to make your home a successful vacation rental. First, make sure your home is well-maintained and in good condition. This will help increase its attractiveness to potential renters, and it will also help you avoid any damage that may occur during the rental period. Secondly, consider setting up your home with all the amenities a renter might need. This includes things like Wi-Fi access and comfortable beds. Thirdly, make sure you have accurate information about your home available online. This will make it easier for renters to find and book rooms, and it will also help them to get a sense of what the home is like. Overall, taking these steps will help you to create a successful short-term rental business in Lake Wales, Florida.

When partnering with RedAwning for your property management needs, we can make sure your Lake Wales rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in Lake Wales

During the month of November, Lake Wales is projected to generate over $189/night for a 2 bedroom vacation rental, on average! There were 128 vacation active rental properties in Lake Wales.  113 are renting the entire place, and 15 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Lake Wales is booked 49% of the time, and most hosts are projected to generate $2,055 or more during the month of November! See how much you could earn with our free vacation rental income calculator.

$189.00 Per Night*


48% Occupied*


$2,055.00 Per Month*

* Based on the median average of all vacation rentals in the Lake Wales area.
Get a free estimate for your home or condo.

Vacation Rentals in Lake Wales are generating record profits with RedAwning.
Find out how you can exceed your revenue goals with RedAwning's property management resources.

Successful short-term vacation rentals in Lake Wales, Florida

There are a number of positive vacation rental trends in Lake Wales, Florida when you consider renting out your Lake Wales home as a short-term rental. For starters, there is a growing trend of people choosing to rent out their homes as vacation rentals instead of using them for year-round living. This is due in part to the fact that short-term rentals offer more flexibility and convenience - especially when it comes to travel timing. Plus, as the economy continues to improve, more and more people are looking for affordable vacation rentals that don't require a lot of up-front investment. Another positive trend when it comes to short-term rentals in Lake Wales is the increase in luxury rentals. Many people are choosing to rent out their homes in Lake Wales as luxury vacation rentals, as the area offers a variety of luxury amenities like golf courses and beaches. This is great news for home owners who want to supplement their income with rental income, and it also offers vacationers more options when it comes to where they want to stay. Overall, there are many positive trends happening in the short-term rental market in Lake Wales. If you're thinking about renting out your home as a short-term rental, be sure to research the market carefully to find the best option for you and your guests.

When you're considering renting out your Lake Wales home as a short-term rental, there are a few positive trends you should be aware of. For starters, there's been a rise in travelers looking for vacation rentals in Lake Wales. This is likely due to the fact that Lake Wales is a beautiful, relaxing destination that's close to plenty of attractions and activities. Plus, Lake Wales homes are usually well-maintained and spacious, making them perfect for busy travelers who want to escape the daily grind. Another trend you should be aware of is the rise in vacation rental companies that offer flexible booking options. This means that renters can book their homes without having to commit to a specific stay length or number of nights. This is great news for busy people who want to be able to take short breaks from their jobs without having to worry about leaving their home empty for too long. So if you're looking for a relaxing vacation rental that's close to plenty of attractions and activities, Lake Wales is definitely worth considering.

RedAwning takes the guess-work out of Lake Wales property management, and we work with you to ensure your Lake Wales short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your Lake Wales vacation rental could earn:

Revenue Projections for Vacation Rentals in Lake Wales, Florida during December, 2023

Based on a 2 bedroom, which is the most common Lake Wales vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in December. Higher bars below can command higher prices, if your Lake Wales vacation rental is available during these days.

Average Daily Price & Percent Occupied Next Month In Lake Wales

Note: These averages are based on a 2 bedroom home in Lake Wales. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Lake Wales, Florida?

If you are a speculative home buyer or have another home in Florida, check out our other Florida Vacation Rental Management reports in Bradenton BeachBradentonBrooksvilleCape CanaveralCaptivaClearwater BeachClearwaterClermontCocoa BeachDade CityDaniaDavenportDaytona BeachEnglewoodFort LauderdaleFort MyersHaines CityHollywoodJacksonville BeachJacksonvilleJensen BeachKey WestKissimmeeMarathonMarco IslandMiami BeachOrlandoMiamiNaplesNavarreNew Port RicheyNorth Weeki WacheePalm BeachPompano BeachPunta GordaSaint PetersburgSanibelSarasotaSatellite BeachSt. AugustineSt. PetersburgStuartSurfsideTampaVero BeachWest Palm BeachFt. WaltonDestinPanama City BeachMiramarSiesta KeyPalm CoastFlagler BeachGeorgetownDatona BeachNew Smyrna BeachOak HillMelbornePalm BayFort PierceDelray BeachBoca RatonBrunswickHudsonVeniceBoca GrandeBonita SpringsEverglades CityOkaloosa IslandCape CoralDaytonaPort St. JoeCrystal RiverGainesvilleFort Myers BeachFort Walton BeachFernandina BeachSanta Rosa BeachHolmes BeachCape HazeSaint AugustineMiramar BeachTreasure IslandAnna MariaInlet BeachNavarre BeachInvernessChampions GateHollywood BeachSunny IslesPlacidaSeacrest BeachRosemary BeachHainesSunny Isles BeachIndian Rocks BeachDaytona Beach ShoresOkeechobeeLongboat KeyReunionPalm HarborProvidenceLake Buena VistaHernandoCortezOakland ParkMelbourneSeagrove BeachFour CornersFt Myers BeachOrmond BeachPanama CityCrescent CityLargoDavnportBlue Mountain BeachSaint Augustine BeachPanama Beach CityChampion GateSt. Pete BeachPlantationKissimmieeKissimmeMarco IsandPalmettoMarcoMirimar BeachSt AugustineHallandale BeachSeminoleIndian ShoresDvenportDeltonaDunedinFt. Myers BeachRotonda WestLauderdaleHainescityEastpointGrayton BeachSeasidePensacola BeachLake PlacidShalimarPort St. LucieWinter HavenOcalaPensacolaWilton ManorsDaviePort RicheyOcoeeHorseshoe BeachNorth Miami BeachMargateLehigh AcresLake PanasoffkeeCutler BayHaverhillGolden BeachSea Ranch LakesPort CharlotteMiami LakesFloral CityHomesteadSt. CloudOrange ParkGulf BreezeNorth PortLighthouse PointHawthorneTarpon SpringsDuck KeyRiviera BeachDunnellonSouth DaytonaTamaracTallahasseeAuburndalePine HillsSebastianBrandonFernandinaCape San BlasCabo CoralSebringFort WhiteInterlachenSaint James CityPt CanaveralDoralIndialanticInd Hbr BchHomosassa SpringsRuskinPlant CityPoincianaQuail HeightsTemple TerrMiami GardensWest MiamiVlg WellingtnPonte Vedra BeachCoral SpringsDeerfield BeachSpring HillSaint Aug Beach,  and Palmetto Bay, Florida or view all of our vacation rental market reports

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