
Cheap Apartments for Rent in Lake Placid, FL from $351 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Placid.


503 Washington Blvd NE

401 Hillside Dr, Unit 403

1912 Washington Blvd NW

10 Anita Dr

21 Circle Rdg

39 Betty Dr

38 Betty Dr

47 Connie Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

36 Lily Dr

30 Glass St

8 Anita Dr

26 Lily Dr

28 Lily Dr

4 Anita Dr

40 Betty Dr

10 Carl St

32 Lily Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

40 Lily Dr

21 Glass St

38 Lily Dr

24 Lily Dr

1 Brachs St

14 Carl St

44 Crawford Dr

Valencia Gardens

Arcadia Landings
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

916 Lake Josephine Dr

Highlands View Apartments

Villa San Carlos II

Lakeview Landing

Quails Bluff

Sage Grove on Aaron Apartments

122 Hill Ct

Mira Verde Apartments

Addison Grove
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Hermosa Arcadia

Total Monthly Price
Georgetown Square Apartments

Springs At Port Charlotte

Spanish Moss Eco Apartments

Genone Punta Gorda Apartments

Groves at Victoria Park

La Provence Studios

Waverly Apartments

Brisas Del Sur Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Lake Placid, FL Local Guide

How much does it cost to rent an apartment in Lake Placid?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lake Placid Studio Apartments | $1,338 | $850 | $1,902 |
| Cheap Lake Placid 1 Bedroom Apartments | $1,638 | $797 | $2,649 |
| Cheap Lake Placid 2 Bedroom Apartments | $1,974 | $351 | $3,193 |
| Cheap Lake Placid 3 Bedroom Apartments | $2,451 | $399 | $3,475 |
| Cheap Lake Placid 4 Bedroom Apartments | $3,584 | $1,128 | $6,961 |
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Lake Placid, FL Local Guide
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Cheapest Available Lake Placid Apartments for Rent
 The cheapest available apartment rental in Lake Placid, FL is a 1 Bed unit found at Highlands View Apartments priced from $875. Valencia Gardens in the Southwest Polk neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $923. Here is today’s list of the most affordable Lake Placid apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highlands View Apartments | 1 Bed 1 Bath | 1BR, 1BA | $875 |
| Valencia Gardens | 2 Bedroom 60% | 2BR, 2BA | $923 |
| Lakeview Landing | One Bedroom | 1BR, 1BA | $945 |
| Quails Bluff | Quails Bluff A | 1BR, 1BA | $965 |
| La Provence Studios | Studios | Studio, 1BA | $990 |
| Sage Grove on Aaron Apartments | Seabreeze | Studio, 1BA | $999 |
| Mira Verde Apartments | 3 BEDROOM | 3BR, 2BA | $1,005 |
| Addison Grove | 2 Beds, 1.5 baths | 2BR, 1BA | $1,027 |
| Hermosa Arcadia | 3 Bedroom, 2 Bathroom | 3BR, 2BA | $1,100 |
| Georgetown Square Apartments | 1 Bedroom | 1BR, 1BA | $1,134 |
Best Value Apartments for Rent in Lake Placid, FL
As of September 18, 2026 the best value apartment in the Lake Placid area is the $1.43 price per square foot Aria Model at Peace River Landing Rental Homes in the Port Charlotte neighborhood starting from $2,383. The second greatest value Lake Placid apartment is the 2 bed / 2.5 bath - Townhouse Upgraded Model at The Villages at Laurel Meadows in the Park View neighborhood starting at $1,850 with a $1.45 price per square foot. Here is today’s list of the best values for Lake Placid apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Peace River Landing Rental Homes | Aria | 3BR, 2BA | $1.43 |
| The Villages at Laurel Meadows | 2 bed / 2.5 bath - Townhouse Upgraded | 2BR, 2.5BA | $1.45 |
| Taylor Creek Condominiums | 2/1 Second Floor | 2BR, 1BA | $1.27 |
| The Apartments at the Isles of Porto Vista | Two Bedroom + Den | 2BR, 2BA | $1.29 |
| Mira Verde Apartments | 3 BEDROOM | 3BR, 2BA | $0.96 |
| Hermosa Arcadia | 3 Bedroom, 2 Bathroom | 3BR, 2BA | $1.10 |
| Lakes of Tuscana | The Corsica | 1BR, 1BA | $1.44 |
| Valencia Gardens | 2 Bedroom 60% | 2BR, 2BA | $1.06 |
| Quails Bluff | Quails Bluff B | 2BR, 1BA | $1.32 |
| Lakeview Landing | One Bedroom | 1BR, 1BA | $1.35 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Lake Placid, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Placid, FL Rentals by Map
See the most popular apartments and homes in Lake Placid, FL
Frequently Asked Questions about Cheap Lake Placid Apartments
What is the Cheapest Studio apartment in Lake Placid?
Currently the most affordable Cheap Studio Apartment in Lake Placid is at La Provence Studios listed at $990.
How much is rent for a Cheap One Bedroom Lake Placid Apartment?
The lowest price for a Cheap One Bedroom Lake Placid Apartment is $875 at Highlands View Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Placid Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Placid is starting from $923 at Valencia Gardens.
What is the most affordable Lake Placid Three Bedroom Apartment?
The best deal on a cheap Lake Placid Three Bedroom Apartment rental is at Mira Verde Apartments and starts from $1,005.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.