
Cheap Homes for Rent in Lake Placid, FL from $800 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Placid.


317 E Phoenix St

685 Lake June Rd

503 Washington Blvd NE

21 Circle Rdg

39 Betty Dr

26 Lily Dr

28 Lily 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.

4 Anita Dr

30 Glass St

34 Lily Dr

8 Anita Dr

122 Hill Ct

40 Betty Dr

6 Anita Dr

24 Lily 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.

21 Glass St

38 Lily Dr

32 Lily Dr

40 Lily Dr

10 Anita Dr

10 Carl St

401 Hillside Dr, Unit 403

3125 Villa Rd
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.
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 | $1,515 | $900 | $5,225 |
| Lake Placid 3 Bedroom Homes for Rent | $1,909 | $1,000 | $3,900 |
| Lake Placid 4 Bedroom Homes for Rent | $2,549 | $1,400 | $4,000 |
Browse Top Homes for Rent in Lake Placid
Explore Lake Placid
Lake Placid, FL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Lake Placid Apartments for Rent
 The cheapest available apartment rental in Lake Placid, FL is a 3 Beds unit found at Valencia Gardens in the Southwest Polk neighborhood priced from $660. Highlands View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Lake Placid apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valencia Gardens | 3 Bedroom 30% | 3BR,2BA | $660 |
| Highlands View Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
| Quails Bluff | Quails Bluff A | 1BR,1BA | $965 |
| Addison Grove | 2 Beds, 1.5 baths | 2BR,1BA | $1,027 |
| Sage Grove on Aaron Apartments | The Aaron | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Lake Placid, FL
As of August 21, 2026 the best value apartment in the Lake Placid area is the $1.49 price per square foot Dogwood Model at The Flatwoods at Babcock Ranch in the in the Outer Lehigh Acres neighborhood starting from $3,553. The second greatest value Lake Placid apartment is the Aria Model at Peace River Landing Rental Homes starting at $2,310 with a $1.38 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 | Dogwood | 5BR,2.5BA | $1.49 |
| Peace River Landing Rental Homes | Aria | 3BR,2BA | $1.38 |
| The Villages at Laurel Meadows | 2 bed + Loft / 2.5 bath - Townhouse Upgrade | 2BR,2.5BA | $1.04 |
| Lakes of Tuscana | The Sienna | 1BR,1BA | $1.21 |
| Retreat at Stuart Crossing | 1x1 | 1BR,1BA | $1.46 |
| The Apartments at the Isles of Porto Vista | Two Bedroom + Den | 2BR,2BA | $1.29 |
| 671 Lake June Rd, Unit Apt A | 671 Lake June Rd | 2BR,1.5BA | $1.34 |
| Lakeview Landing | Two Bedroom | 2BR,1BA | $1.22 |
| Valencia Gardens | 2 Bedroom 60% | 2BR,2BA | $1.32 |
| Quails Bluff | Quails Bluff B | 2BR,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
School data provided by Great Schools
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 63 Apartments for Rent in Lake Placid, FL with pricing that ranges from $572 to $7,193. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Placid ranging from $800 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 $800 to $5,225 with an average monthly rent of $1,562.
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 $660 to $3,475, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,128.
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.

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.

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.