Cheap Homes for Rent in Lake Placid, NY from $1,100 (10 Rentals)

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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.

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.

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 $906. 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$906
403-407 College Street3 Bedroom 2 Bath3BR,2BA$1,250

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

As of September 20, 2025 the best value apartment in the Lake Placid area is the $0.89 price per square foot 2 Bedroom 1 Bath Model at 403-407 College Street in the in the South End neighborhood starting from $1,250. 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 Street2 Bedroom 1 Bath2BR,1BA$0.89
Farm Stand2/12BR,2BA$1.99
5 Corners2 bed 1 bath2BR,1BA$2.43
Keen's CrossingCedar2BR,2BA$2.22
Quarry Hill Apartments2 Br, 1 Ba2BR,1BA$2.43
Mansfield ApartmentsC1BR,1BA$2.47
30 City Hall PlTwo Bedroom2BR,1BA$1.97
1185 Shelburne1/11BR,1BA$2.13
SilversmithSilversmith | 2 Bed2BR,1BA$2.40
THE TRAILS AT MALONEOne Bedroom One Bath1BR,1BA$1.57

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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 67 Apartments for Rent in Lake Placid, NY with pricing that ranges from $895 to $5,000. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Placid ranging from $1,100 to $6,200.

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 $1,100 to $6,200 with an average monthly rent of $3,353.

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 $3,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,525. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $3,400.

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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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.

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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.