Cheap Apartments for Rent in Lake Placid, FL from $351 (45 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 503 Washington Blvd NE
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

503 Washington Blvd NE

Lake PlacidFL33852
property at 401 Hillside Dr
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Now

401 Hillside Dr, Unit 403

401 Hillside Dr
Lake PlacidFL33852
  • Smoke Free

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.

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.

property at 44 Crawford Dr
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
1 Bedroom, 1 Bath Home for Rent
Available Now

44 Crawford Dr

Lake PlacidFL33852

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.

property at 122 Hill Ct
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
3 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

122 Hill Ct

SebringFL33875

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.

close
View Me
Groves at Victoria Park
1 to 2 Bedroom Apartments

Groves at Victoria Park

2010 Village Grove BlvdSebring, FL 33870
Senior Living
  • Utilities Included
close
View Me
Waverly Apartments
1 Bedroom Apartments

Waverly Apartments

2805 US Highway 27 SSebring, FL 33870
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
Highlands View Apartments1 Bed 1 Bath1BR, 1BA$875
Valencia Gardens2 Bedroom 60%2BR, 2BA$923
Lakeview LandingOne Bedroom1BR, 1BA$945
Quails BluffQuails Bluff A1BR, 1BA$965
La Provence StudiosStudiosStudio, 1BA$990
Sage Grove on Aaron ApartmentsSeabreezeStudio, 1BA$999
Mira Verde Apartments3 BEDROOM3BR, 2BA$1,005
Addison Grove2 Beds, 1.5 baths2BR, 1BA$1,027
Hermosa Arcadia3 Bedroom, 2 Bathroom3BR, 2BA$1,100
Georgetown Square Apartments1 Bedroom1BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Peace River Landing Rental HomesAria3BR, 2BA$1.43
The Villages at Laurel Meadows2 bed / 2.5 bath - Townhouse Upgraded2BR, 2.5BA$1.45
Taylor Creek Condominiums2/1 Second Floor2BR, 1BA$1.27
The Apartments at the Isles of Porto VistaTwo Bedroom + Den2BR, 2BA$1.29
Mira Verde Apartments3 BEDROOM3BR, 2BA$0.96
Hermosa Arcadia3 Bedroom, 2 Bathroom3BR, 2BA$1.10
Lakes of TuscanaThe Corsica1BR, 1BA$1.44
Valencia Gardens2 Bedroom 60%2BR, 2BA$1.06
Quails BluffQuails Bluff B2BR, 1BA$1.32
Lakeview LandingOne Bedroom1BR, 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 Article
Decorative image

Navigating 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 Article

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Placid, FL Rentals by Map

View Map
Lake Placid, FL Apartments Map
View Map
Lake Placid, FL Rental Homes Map

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.