
Cheap Homes for Rent in Lake Placid, FL from $900 (27 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Placid.


26 Lily Dr

28 Lily Dr

4 Anita Dr

30 Glass St

41 Betty Dr
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.

34 Lily Dr

8 Anita Dr

685 Lake June Rd

683 Lake June Rd

40 Betty Dr

6 Anita Dr
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.

14 S Lake Side

10 Anita Dr

21 Glass St

38 Lily Dr

32 Lily Dr

24 Lily Dr
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.

7955 Elliott Rd

127 Rosemary Ave

3125 Villa Rd

44 Crawford Dr

3139 Lake June Blvd

119 Fairway Dr
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.

117 Country Club Dr

681 Lake June Rd

1575 Buck St
Lake Placid, FL Local Guide

How much does it cost to rent a home in Lake Placid?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Placid 2 Bedroom Homes for Rent | $1,623 | $1,049 | $5,225 |
| Lake Placid 3 Bedroom Homes for Rent | $2,021 | $1,175 | $4,000 |
| Lake Placid 4 Bedroom Homes for Rent | $2,591 | $1,600 | $4,800 |
Browse Top Homes for Rent in Lake Placid
Explore Lake Placid
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 $925. 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 | $925 |
| Lakeview Landing | One Bedroom | 1BR,1BA | $925 |
| Quails Bluff | Quails Bluff A | 1BR,1BA | $965 |
| La Provence Studios | Studios | Studio,1BA | $999 |
| Taylor Creek Condominiums | 1/1 Second Floor | 1BR,1BA | $1,000 |
| Addison Grove | 2 Beds, 1.5 baths | 2BR,1BA | $1,002 |
| Sage Grove on Aaron Apartments | Seabreeze | Studio,1BA | $1,100 |
| Spanish Moss Eco Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,195 |
| Genone Punta Gorda Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,200 |
| Woodside Villas Apartments | 1 x 1 | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Lake Placid, FL
As of May 23, 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 $2,435 with a $1.33 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 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 | Cali | 4BR,2BA | $1.33 |
| Lakes of Tuscana | The Bellagio | 3BR,2BA | $1.25 |
| 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 |
| Fountain Place Apartments | 2 Bedroom | 2BR,2BA | $1.40 |
| The Apartments at the Isles of Porto Vista | One Bedroom Deluxe | 1BR,1BA | $1.36 |
| The Flats at Deep Creek | 2 Bed 2 Bath | 2BR,2BA | $1.52 |
| Quails Bluff | Quails Bluff C | 2BR,2BA | $1.23 |
| 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 Lake Placid
What type of rentals are currently available in Lake Placid?
There are currently 58 Apartments for Rent in Lake Placid, FL with pricing that ranges from $925 to $7,500. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Placid ranging from $950 to $5,225.
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 $950 to $5,225 with an average monthly rent of $1,826.
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 $1,151 to $3,648, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $2,850.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.