
Cheap Homes for Rent near Lake Placid, NY from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Placid.


2 Pike St

130 Court St

26 Ginkgo Wy

27-27 Durand St
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.

58 Brinkerhoff St

44 Elm St

5061 S Catherine St

100 N Champlain St

40 Monroe St
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.
Lake Placid, NY 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 | $2,455 | $1,400 | $3,750 |
| Lake Placid 3 Bedroom Homes for Rent | $2,853 | $2,250 | $3,300 |
| Lake Placid 4 Bedroom Homes for Rent | $3,653 | $2,385 | $4,680 |
| Lake Placid 5 Bedroom Homes for Rent | $2,950 | $2,950 | $2,950 |
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Lake Placid, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Potsdam Main Street Apartments | Standard Studio | Studio,1BA | $910 |
| THE TRAILS AT MALONE | One Bedroom One Bath | 1BR,1BA | $948 |
| Keen's Crossing | Cedar | 2BR,2BA | $1,400 |
Best Value Apartments for Rent in Lake Placid, NY and Nearby
As of August 23, 2026 the best value apartment in the Lake Placid area is the $1.88 price per square foot Maple Model at Keen's Crossing in the in the Centennial neighborhood starting from $2,376. The second greatest value Lake Placid apartment is the 2BR/2.0BA Model at Village at Autumn Pond starting at $2,525 with a $2.24 price per square foot . 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. |
|---|---|---|---|
| Keen's Crossing | Maple | 2BR,2BA | $1.88 |
| Village at Autumn Pond | 2BR/2.0BA | 2BR,2BA | $2.24 |
| Millhouse Terrace | Two Bedroom Town House | 2BR,1BA | $2.43 |
| Winooski Block | Winooski Block | 1 Bed (3-15 East Allen) | 1BR,1BA | $1.61 |
| 5 Corners | 2 Bed 2 Bath | 2BR,2BA | $2.13 |
| Mansfield Apartments | One Bedroom One Bath | 1BR,1BA | $2.24 |
| Green Mountain Drive | Green Mountain Drive | 1 Bed 1 Bath | 1BR,1BA | $2.31 |
| Millhouse West | West 2 Bedroom | 2BR,1BA | $2.32 |
| 30 City Hall Pl | One Bedroom | 1BR,1BA | $2.11 |
| THE TRAILS AT MALONE | One Bedroom One Bath | 1BR,1BA | $1.65 |
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lake Placid
What type of rentals are currently available in Lake Placid?
There are currently 81 Apartments for Rent in Lake Placid, NY with pricing that ranges from $910 to $4,900. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Placid ranging from $900 to $4,680.
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 $900 to $4,680 with an average monthly rent of $2,605.
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 $1,775 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,385 and Four Bedroom Apartments start at $1,000.
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.