Cheap Apartments for Rent in Lake Placid, FL from $700 (31 Rentals)

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

property at 818 Placid Lakes Blvd

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 1 Bath Townhome for Rent

Available Now

818 Placid Lakes Blvd

Lake PlacidFL33852

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.

property at 685 Lake June Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

685 Lake June Rd

Lake PlacidFL33852
property at 683 Lake June Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

683 Lake June Rd

Lake PlacidFL33852

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.

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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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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Groves at Victoria Park
1 to 2 Bedroom Apartments

Groves at Victoria Park

2010 Village Grove BlvdSebring, FL 33870
Senior Living
  • Utilities Included
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Arcadia Landings
1 to 2 Bedroom Apartments

Arcadia Landings

1423 East Gibson StreetArcadia, FL 34266
Senior Living

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Waverly Apartments
1 Bedroom Apartments

Waverly Apartments

2805 US Highway 27 SSebring, FL 33870
  • Utilities Included

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. Addison Grove in the Lake View Farms neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,002. 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
Addison Grove2 Beds, 1.5 baths2BR,1BA$1,002
Lakeview LandingTwo Bedroom2BR,1BA$1,145
Sage Grove on Aaron ApartmentsThe AaronStudio,1BA$1,150
Spanish Moss Eco Apartments1 Bedroom 1 Bath1BR,1BA$1,195
Taylor Creek Condominiums1/1 Second Floor1BR,1BA$1,200
Genone Punta Gorda Apartments1 Bed 1 Bath1BR,1BA$1,200
Woodside Villas1 x 1 bedroom1BR,1BA$1,250

Best Value Apartments for Rent in Lake Placid, FL

As of March 14, 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 Cali Model at Peace River Landing Rental Homes starting at $2,317 with a $1.27 price per square foot in the Suncoast 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.
The Flatwoods at Babcock RanchButtonwood4BR,2.5BA$1.58
Peace River Landing Rental HomesCali4BR,2BA$1.27
Lakes of TuscanaThe Venetian2BR,2BA$1.35
The Villages at Laurel Meadows2 bed / 2.5 bath - Townhouse Mid-Upgrade2BR,2.5BA$1.28
Retreat at Stuart Crossing1x11BR,1BA$1.46
The Flats at Deep Creek3 Bed 2 Bath3BR,2BA$1.52
Fountain Place Apartments2 Bedroom2BR,2BA$1.59
The Apartments at the Isles of Porto VistaOne Bedroom Deluxe1BR,1BA$1.31
Lakeview LandingTwo Bedroom2BR,1BA$1.17
135 Lincoln Rd NE, Unit 137135 Lincoln Rd NE2BR,2BA$1.02

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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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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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.

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

Explore Lake Placid, FL Rentals by Map

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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 $1,150.

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 $1,002 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 $1,151.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.