Cheap Homes for Rent in Lake Placid, FL from $600 (18 Rentals)

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

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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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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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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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 $693. 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$693
Groves at Victoria Park1 Bed/1 Bath1BR,1BA$842
Highlands View Apartments1 Bed 1 Bath1BR,1BA$875
Lakeview LandingOne Bedroom1BR,1BA$925
La Provence Studios0BR/1.0BAStudio,1BA$1,050

Best Value Apartments for Rent in Lake Placid, FL

As of June 19, 2025 the best value apartment in the Lake Placid area is the $1.39 price per square foot Three Bed Model at The Henry Street Villas in the in the Rio Villa Lakes neighborhood starting from $2,300. The second greatest value Lake Placid apartment is the 2 bed / 2.5 bath th 1,561 sqft at VLM Upgraded Model at The Villages at Laurel Meadows starting at $2,035 with a $1.30 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$1.39
The Villages at Laurel Meadows2 bed / 2.5 bath th 1,561 sqft at VLM Upgraded2BR,2.5BA$1.30
Lakes of TuscanaThe Bellagio3BR,2BA$1.34
The Retreat at Stuart CrossingOne Bed1BR,1BA$1.45
Taylor Creek Condominiums2/1 Second Floor2BR,1BA$1.31
The Apartments at the Isles of Porto VistaOne Bedroom1BR,1BA$1.36
Waverly Apartments1 Bed, 1 bath1BR,1BA$1.34
Lakeview LandingOne Bedroom1BR,1BA$1.32
Arcadia Landings1 Bedroom - 60%1BR,1BA$1.10
Groves at Victoria Park1 Bed/1 Bath1BR,1BA$1.40

Quick Rent Budget Calculator

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Frequently Asked Questions about Lake Placid

What type of rentals are currently available in Lake Placid?

There are currently 50 Apartments for Rent in Lake Placid, FL with pricing that ranges from $600 to $8,996. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Placid ranging from $650 to $5,250.

What is the current price range for Rental Homes in Lake Placid?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Placid ranges from $650 to $5,250 with an average monthly rent of $2,016.

How much are larger Three and Four Bedroom Rentals in Lake Placid?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Placid range from $924 to $8,996, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,700. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,034.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.