Cheap Apartments for Rent in Lake Placid, NY from $800 (52 Rentals)

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

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.

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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.

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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
1 to 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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property at 194 North St

$1,663

1 Bedroom Rentals

Available Jun 1

194 North St

BurlingtonVT05401
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City West
Studio to 2 Bedroom Apartments

City West

157-159 S Champlain StBurlington, VT 05401
  • Utilities Included
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403-407 College Street
1 to 4 Bedroom Apartments

403-407 College Street

403 College StBurlington, VT 05401
Student Housing
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

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 $910. 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$910
THE TRAILS AT MALONEOne Bedroom One Bath1BR,1BA$948
Pines Senior Living1br/1ba-Income Restricted1BR,1BA$1,230
30 City Hall PlOne Bedroom1BR,1BA$1,375
Riverside In the Village11 Franklin Studio with coin opp. laundryStudio,1BA$1,400
Quarry Hill Club & CondominiumsBuilding 430 StudiosStudio,1BA$1,495
South End ApartmentsStudioStudio,1BA$1,500
9 River StApt 51BR,1BA$1,500
11 Park Street ApartmentsStudioStudio,1BA$1,600
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1,700

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

As of April 24, 2026 the best value apartment in the Lake Placid area is the $1.99 price per square foot 2/2 Model at Farm Stand in the starting from $2,300. The second greatest value Lake Placid apartment is the Pine Model at Keen's Crossing starting at $2,470 with a $2.18 price per square foot in the Centennial 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.
Farm Stand2/22BR,2BA$1.99
Keen's CrossingPine2BR,2BA$2.18
Village at Autumn Pond2BR/2.0BA2BR,2BA$2.13
Millhouse TerraceTwo Bedroom Town House2BR,1BA$2.43
Winooski BlockWinooski Block | 1 Bed (3-15 East Allen)1BR,1BA$1.61
9 River StApt 51BR,1BA$1.46
5 Corners2 Bed 2 Bath2BR,2BA$2.13
RiverrunRiver Run | 092BR,2BA$2.39
30 City Hall PlOne Bedroom1BR,1BA$1.96
THE TRAILS AT MALONEOne Bedroom One Bath1BR,1BA$1.65

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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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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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 $910.

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 $1,315 at Potsdam Main Street Apartments.

What is the most affordable Lake Placid Three Bedroom Apartment?

The best deal on a cheap Lake Placid Three Bedroom Apartment rental is at 30 City Hall Pl and starts from $1,575.

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

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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.