Cheap Apartments for Rent in Lake Placid, FL from $700 (32 Rentals)

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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. Georgetown Square Apartments in the Altadena neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. 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
Georgetown Square Apartments1 Bedroom1BR,1BA$885
La Provence StudiosMove in Special!Studio,1BA$900
Addison Grove2 Beds, 1.5 baths2BR,1BA$1,002
Sage Grove on Aaron ApartmentsSeabreezeStudio,1BA$1,094
Lakeview LandingThree Bedroom3BR,1BA$1,195
Genone Punta Gorda Apartments1 Bed 1 Bath1BR,1BA$1,200
Springs At Port CharlotteStudio Grand CourtyardStudio,1BA$1,214
Woodside Villas1 x 1 bedroom1BR,1BA$1,250

Best Value Apartments for Rent in Lake Placid, FL

As of November 12, 2025 the best value apartment in the Lake Placid area is the $1.24 price per square foot Aria Model at Peace River Landing Rental Homes in the in the Suncoast Lakes neighborhood starting from $2,077. The second greatest value Lake Placid apartment is the Three Bed Model at The Henry Street Villas starting at $2,000 with a $1.21 price per square foot in the Rio Villa Lakes 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.
Peace River Landing Rental HomesAria3BR,2BA$1.24
The Henry Street VillasThree Bed3BR,2.5BA$1.21
Lakes of TuscanaThe Bellagio3BR,2BA$1.34
Lakeview LandingThree Bedroom3BR,1BA$0.92
The Villages at Laurel Meadows2 bed / 2.5 bath th 1,274 sqft at VLM Mid-Upgrade2BR,2.5BA$1.28
The Apartments at the Isles of Porto VistaTwo Bedroom + Den2BR,2BA$1.24
Fountain Place Apartments2 Bedroom2BR,2BA$1.40
345 Lake June Dr345 Lake June Dr2BR,1.5BA$1.20
Georgetown Square Apartments1 Bedroom1BR,1BA$1.23
Arcadia Landings1 Bedroom - 60%1BR,1BA$1.27

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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.

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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

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See the most popular apartments and homes in Lake Placid, FL

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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 Addison Grove and starts from $1,151.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.