
Cheap Apartments for Rent in Lake Placid, FL from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Placid.


401 Hillside Dr, Unit 403

612 Jupiter Ave NW

317 E Phoenix St

683 Lake June Rd

21 Circle Rdg

39 Betty Dr

30 Glass St

34 Lily Dr

8 Anita 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.

26 Lily Dr

28 Lily Dr

4 Anita Dr

40 Betty Dr

6 Anita Dr

32 Lily Dr

21 Glass St

38 Lily Dr

40 Lily Dr

10 Anita 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.

24 Lily Dr

139 Lake Rachard Dr

1057 Cellini St

3443 Cliff Swallow St

3445 Cliff Swallow St

44 Crawford Dr

44 Crawford Dr

Arcadia Landings

Valencia Gardens Apartments

916 Lake Josephine Dr
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.

Highlands View Apartments

Lakeview Landing

Villa San Carlos II

Quails Bluff

Taylor Creek Condominiums

Addison Grove

Mira Verde Apartments

Spanish Moss Eco Apartments

Genone Punta Gorda Apartments

Sage Grove on Aaron Apartments
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.

Taylor Row

Woodside Villas Apartments

Total Monthly Price
Georgetown Square Apartments

Springs At Port Charlotte

The Apartments at the Isles of Porto Vista

Parkside Punta Gorda

Groves at Victoria Park

7963 Elliott Rd

La Provence Apartments

Waverly 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 | $1,440 | $850 | $1,889 |
| Cheap Lake Placid 1 Bedroom Apartments | $1,644 | $797 | $2,649 |
| Cheap Lake Placid 2 Bedroom Apartments | $1,970 | $824 | $7,500 |
| Cheap Lake Placid 3 Bedroom Apartments | $2,473 | $941 | $3,475 |
| Cheap Lake Placid 4 Bedroom Apartments | $3,092 | $1,128 | $3,809 |
Browse Top Apartments in Lake Placid
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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. Lakeview Landing in the Lake View Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. 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 |
| Lakeview Landing | One Bedroom | 1BR,1BA | $925 |
| Quails Bluff | Quails Bluff A | 1BR,1BA | $965 |
| Taylor Creek Condominiums | 1/1 Second Floor | 1BR,1BA | $1,000 |
| Addison Grove | 2 Beds, 1.5 baths | 2BR,1BA | $1,027 |
| Spanish Moss Eco Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,195 |
| Genone Punta Gorda Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,200 |
| Sage Grove on Aaron Apartments | The Aaron | Studio,1BA | $1,225 |
| Woodside Villas Apartments | 1 x 1 | 1BR,1BA | $1,250 |
| Georgetown Square Apartments | 1 Bedroom | 1BR,1BA | $1,263 |
Best Value Apartments for Rent in Lake Placid, FL
As of July 30, 2026 the best value apartment in the Lake Placid area is the $1.58 price per square foot Buttonwood Model at The Flatwoods at Babcock Ranch in the in the Outer Lehigh Acres neighborhood starting from $2,950. The second greatest value Lake Placid apartment is the Aria Model at Peace River Landing Rental Homes starting at $2,361 with a $1.41 price per square foot in the Port Charlotte neighborhood. 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. |
|---|---|---|---|
| The Flatwoods at Babcock Ranch | Buttonwood | 4BR,2.5BA | $1.58 |
| Peace River Landing Rental Homes | Aria | 3BR,2BA | $1.41 |
| Lakes of Tuscana | The Venetian | 2BR,2BA | $1.31 |
| The Villages at Laurel Meadows | 2 bed / 2.5 bath - Townhouse Mid-Upgrade | 2BR,2.5BA | $1.28 |
| Retreat at Stuart Crossing | 1x1 | 1BR,1BA | $1.46 |
| The Apartments at the Isles of Porto Vista | Two Bedroom + Den | 2BR,2BA | $1.29 |
| The Flats at Deep Creek | 2 Bed 2 Bath | 2BR,2BA | $1.52 |
| Sunrise Gardens | 2bd 2ba | 2BR,2BA | $1.56 |
| Quails Bluff | Quails Bluff B | 2BR,1BA | $1.32 |
| Lakeview Landing | One Bedroom | 1BR,1BA | $1.32 |
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 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
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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 Sage Grove on Aaron Apartments listed at $1,225.
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 $1,027 at Addison Grove.
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 $1,177.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.