Cheap Apartments for Rent in Lake Placid, NY from $800 (14 Rentals)

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Search the lowest-cost Apartments 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 TRAILS AT MALONE
3 Bedroom Apartments

THE TRAILS AT MALONE

166 Falling Leaf DrMalone, NY 12953
  • Utilities Included

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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Lake Placid, NY Local Guide

Cheapest Available Lake Placid Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Placid, NY is a Studio unit found at Potsdam Main Street Apartments priced from $875. Meadow East Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Lake Placid apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Potsdam Main Street ApartmentsStandard StudioStudio,1BA$875
Meadow East Apartments1 bed 1 bath1BR,1BA$1,050
9 River StApt # 21BR,1BA$1,150
THE TRAILS AT MALONEThree Bedroom Two Bath3BR,2BA$1,362
30 City Hall PlOne Bedroom1BR,1BA$1,375

Best Value Apartments for Rent in Lake Placid, NY and Nearby

As of June 24, 2025 the best value apartment in the Lake Placid area is the $1.66 price per square foot Beautiful Model at 238 College St in the in the Centennial neighborhood starting from $2,500. The second greatest value Lake Placid apartment is the Three Bedroom Two Bath Model at THE TRAILS AT MALONE starting at $1,362 with a $1.13 price per square foot . 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.
238 College StBeautiful3BR,1BA$1.66
THE TRAILS AT MALONEThree Bedroom Two Bath3BR,2BA$1.13
44 Leonard Ave2 Bedroom2BR,1BA$1.68
5 Corners2 bed 1 bath2BR,1BA$2.43
Quarry Hill Club & CondominiumsBuilding 315 2 x 12BR,1BA$2.23
Keen's CrossingWillowStudio ,1BA$2.27
Mansfield ApartmentsC1BR,1BA$2.47
9 River StApt # 21BR,1BA$1.44
30 City Hall PlOne Bedroom1BR,1BA$1.96
Meadow East Apartments1 bed 1 bath1BR,1BA$1.57

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

Explore Lake Placid, NY Rentals by Map

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See the most popular apartments and homes in Lake Placid, NY

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Getting Around Lake Placid, NY

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Potsdam Main Street Apartments listed at $875.

How much is rent for a Cheap One Bedroom Lake Placid Apartment?

The lowest price for a Cheap One Bedroom Lake Placid Apartment is $1,050 at Meadow East 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 $1,150 at Meadow East Apartments.

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.