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


2 Pike St

377 Charlotte Rd

5061 S Catherine St

25 Intervale Ave
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.

19 Grant St

279 St Paul St

93 Boynton Ave

410 Farrell St

4 Laurel Hill Dr
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

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 | $2,236 | $1,300 | $3,600 |
| Lake Placid 3 Bedroom Homes for Rent | $3,342 | $1,750 | $10,000+ |
| Lake Placid 4 Bedroom Homes for Rent | $4,366 | $2,900 | $8,000 |
| Lake Placid 5 Bedroom Homes for Rent | $4,050 | $3,550 | $4,550 |
Browse Top Homes for Rent in Lake Placid
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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 |
| Pines Senior Living | 1 Bedroom | 1BR,1BA | $1,235 |
Best Value Apartments for Rent in Lake Placid, NY and Nearby
As of May 23, 2026 the best value apartment in the Lake Placid area is the $1.70 price per square foot 2 Bedroom Fuller Place units Model at Riverside In the Village in the starting from $2,300. The second greatest value Lake Placid apartment is the 2BR/2.0BA Model at Village at Autumn Pond starting at $2,525 with a $2.34 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. |
|---|---|---|---|
| Riverside In the Village | 2 Bedroom Fuller Place units | 2BR,1.5BA | $1.70 |
| Village at Autumn Pond | 2BR/2.0BA | 2BR,2BA | $2.34 |
| Winooski Block | Winooski Block | 1 Bed (3-15 East Allen) | 1BR,1BA | $1.61 |
| Quarry Hill Apartments | 2 Br, 2 Ba | 2BR,2BA | $2.14 |
| 5 Corners | 2 Bed 2 Bath | 2BR,2BA | $2.13 |
| Millhouse West | West 2 Bedroom | 2BR,1BA | $2.32 |
| Spinner Place | 5x2 | 5BR,2BA | $1.42 |
| 30 City Hall Pl | One Bedroom | 1BR,1BA | $1.96 |
| Pines Senior Living | 1 Bedroom | 1BR,1BA | $1.96 |
| 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.
Read ArticleQuick 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.
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 76 Apartments for Rent in Lake Placid, NY with pricing that ranges from $850 to $4,900. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Placid ranging from $900 to $10,000.
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 $10,000 with an average monthly rent of $2,859.
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 $1,160 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $975.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.