Cheap Apartments for Rent in Lake Placid, NY from $800 (23 Rentals)

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THE TRAILS AT MALONE
1 to 3 Bedroom Apartments

THE TRAILS AT MALONE

166 Falling Leaf DrMalone, NY 12953
  • Utilities Included
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9 River St
Studio to 2 Bedroom Apartments

9 River St

9 River StSaranac Lake, NY 12983
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33 Pine St
1 Bedroom Apartments

33 Pine St

33 Pine StBurlington, VT 05401
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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 $865. THE TRAILS AT MALONE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $948. 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$865
THE TRAILS AT MALONEOne Bedroom One Bath1BR,1BA$948
Pines Senior Living1br/1ba-Income Restricted1BR,1BA$1,230
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
Keen's CrossingCedar - Income Limits Apply2BR,2BA$1,556

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

As of November 13, 2025 the best value apartment in the Lake Placid area is the $2.34 price per square foot 3 Bedroom 2 Bath Model at 403-407 College Street in the in the Centennial neighborhood starting from $3,750. The second greatest value Lake Placid apartment is the 2/1 Model at Farm Stand starting at $2,300 with a $1.99 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.
403-407 College Street3 Bedroom 2 Bath3BR,2BA$2.34
Farm Stand2/12BR,2BA$1.99
Millhouse TerraceTwo Bedroom Town House2BR,1BA$2.52
5 CornersCorner Unit W/Balcony2BR,2BA$2.40
Mansfield ApartmentsA1BR,1BA$2.24
30 City Hall PlTwo Bedroom2BR,1BA$1.85
144 Larkin Way1Br/1Ba1BR,1BA$2.13
61 North Dorset1 Bed1BR,1BA$2.41
9 Market Street9 Market Two Bedrooms2BR,1BA$0.96
THE TRAILS AT MALONEOne Bedroom One Bath1BR,1BA$1.65

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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 $865.

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

The lowest price for a Cheap One Bedroom Lake Placid Apartment is $948 at THE TRAILS AT MALONE.

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 $1,148 at THE TRAILS AT MALONE.

What is the most affordable Lake Placid Three Bedroom Apartment?

The best deal on a cheap Lake Placid Three Bedroom Apartment rental is at 37 Decatur St and starts from $3,300.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.