Cheap Apartments for Rent in Lake Placid, FL from $700 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Placid.

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Laurel Oaks Senior
1 to 2 Bedroom Apartments

Laurel Oaks Senior

1801 NW 3rd LnOkeechobee, FL 34972
Senior Living
  • Utilities Included
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Waverly Apartments
1 Bedroom Apartments

Waverly Apartments

2805 US Highway 27 SSebring, FL 33870
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Lake Placid, FL Local Guide

Cheapest Available Lake Placid Apartments for Rent

 

The cheapest available apartment rental in Lake Placid, FL is a 1 Bed unit found at Arcadia Landings in the Carlton Ranch neighborhood priced from $797. Groves at Victoria Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $842. Here is today’s list of the most affordable Lake Placid apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arcadia Landings1 Bedroom - 60%1BR,1BA$797
Groves at Victoria Park1 Bed/1 Bath1BR,1BA$842
La Provence StudiosStudioStudio,1BA$900
Highlands View Apartments1 Bed 1 Bath1BR,1BA$925
Lakeview LandingOne Bedroom1BR,1BA$995
Mira Verde Apartments4 BEDROOM4BR,2BA$1,034
Sage Grove on Aaron ApartmentsThe AaronStudio,1BA$1,125
Taylor Creek Condominiums1/1 First Floor1BR,1BA$1,200
Genone Punta Gorda Apartments1 Bed 1 Bath1BR,1BA$1,295

Best Value Apartments for Rent in Lake Placid, FL

As of September 14, 2025 the best value apartment in the Lake Placid area is the $1.36 price per square foot Three Bed Model at The Henry Street Villas in the in the Rio Villa Lakes neighborhood starting from $2,250. The second greatest value Lake Placid apartment is the 2 bed / 2.5 bath th 1,274 sqft at VLM Mid-Upgrade Model at The Villages at Laurel Meadows starting at $1,630 with a $1.28 price per square foot in the Park View neighborhood. Here is today’s list of the best values for Lake Placid apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Henry Street VillasThree Bed3BR,2.5BA$1.36
The Villages at Laurel Meadows2 bed / 2.5 bath th 1,274 sqft at VLM Mid-Upgrade2BR,2.5BA$1.28
The Retreat at Stuart CrossingOne Bed1BR,1BA$1.45
The Apartments at the Isles of Porto VistaTwo Bedroom + Den2BR,2BA$1.28
Mira Verde Apartments4 BEDROOM4BR,2BA$0.90
Fountain Place Apartments2 Bedroom2BR,2BA$1.40
135 Lincoln Rd NE, Unit 135135 Lincoln Rd NE2BR,2BA$1.02
Lakeview LandingOne Bedroom1BR,1BA$1.42
Arcadia Landings1 Bedroom - 60%1BR,1BA$1.27
Groves at Victoria Park1 Bed/1 Bath1BR,1BA$1.40

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Best Local Schools in
Lake Placid, FL

School data provided by Great Schools

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Getting Around Lake Placid, FL

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $900.

How much is rent for a Cheap One Bedroom Lake Placid Apartment?

The lowest price for a Cheap One Bedroom Lake Placid Apartment is $797 at Arcadia Landings.

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 $967 at Arcadia Landings.

What is the most affordable Lake Placid Three Bedroom Apartment?

The best deal on a cheap Lake Placid Three Bedroom Apartment rental is at The Apartments at the Isles of Porto Vista and starts from $1,595.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.