
Cheap Homes for Rent in Lake Placid, NY from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Placid.


377 Charlotte Rd

90 N Winooski Ave

75 Sailly 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.

205 N Willard St

279 St Paul St

23 Charles St

8 S Union St
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.

4 Laurel Hill Dr
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 | $2,393 | $1,300 | $3,750 |
| Lake Placid 3 Bedroom Homes for Rent | $3,147 | $2,250 | $5,000 |
| Lake Placid 4 Bedroom Homes for Rent | $4,660 | $3,750 | $8,000 |
| Lake Placid 5 Bedroom Homes for Rent | $3,550 | $3,550 | $3,550 |
Browse Top Homes for Rent in Lake Placid
Explore Lake Placid
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 $875. THE TRAILS AT MALONE has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,148. 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 | $875 |
| THE TRAILS AT MALONE | Two Bedroom One Bath | 2BR,1BA | $1,148 |
| 9 River St | Apt 2 | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Lake Placid, NY and Nearby
As of July 07, 2026 the best value apartment in the Lake Placid area is the $1.94 price per square foot 5 Bedroom 2 Bath Model at 56 Drew St in the in the Centennial neighborhood starting from $3,200. The second greatest value Lake Placid apartment is the 14 Franklin St Model at Riverside In the Village starting at $2,300 with a $1.79 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. |
|---|---|---|---|
| 56 Drew St | 5 Bedroom 2 Bath | 5BR,2BA | $1.94 |
| Riverside In the Village | 14 Franklin St | 2BR,1.5BA | $1.79 |
| 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 |
| Toad Lane | Toad Lane | 2 Bed | 2BR,2BA | $1.91 |
| 5 Corners | 2 Bed 2 Bath | 2BR,2BA | $2.13 |
| THE TRAILS AT MALONE | Two Bedroom One Bath | 2BR,1BA | $1.26 |
| Mansfield Apartments | One Bedroom One Bath | 1BR,1BA | $2.24 |
| Catamount Ridge | Catamount Ridge | 1 Bed 1 Bath | 1BR,1BA | $2.12 |
| 30 City Hall Pl | One Bedroom | 1BR,1BA | $2.11 |
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 79 Apartments for Rent in Lake Placid, NY with pricing that ranges from $850 to $4,900. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Placid ranging from $900 to $8,000.
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 $8,000 with an average monthly rent of $2,840.
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 $2,640, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,750 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.