Last updated on August 31, 2026

Average rent in
Lake Placid, FL

Key takeaways for renters

  • The bottom line

    Lake Placid, FL rent fell 21.1% year over year, with a current median of $1,262/month. Renters today are paying $883 less per month on average than last year, continuing a decline from the $2,100/month peak in March 2025.

  • Lake Placid rents sit 33.9% more affordable than the $1,910/month national median, with 56 total rentals and a large share of houses in the inventory.

  • Price ranges

    Studios in Lake Placid rent for $850/month, 1-bedrooms for $999/month, 2-bedrooms for $1,225/month, 3-bedrooms for $1,662/month, and 4+ bedrooms for $2,400/month. The rental inventory is mostly houses, which make up 71.5% of total rentals.

  • Neighborhood spotlight

    Studio and 4+ bedroom segments in Lake Placid saw large year-over-year declines of 66.0% and 74.5%, respectively. These drops contrast with the overall citywide rent decline of 21.1%, showing significant variation by bedroom size.

Median rent

Median rent in Lake Placid

$1,262/mo

decreased by21%

vs previous year

The average rent in Lake Placid is $1,262 per month as of August 2026. This is 34% below the national average rent, or $647 less per month.

$1.28

average price per square foot

Total rentals

Available rentals in Lake Placid

56

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Lake Placid rentals at each price point

70%53%35%18%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lake Placid, FL

Average rent prices in Lake Placid have decreased by 7% over the last month and have decreased by 21% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lake Placid, FL

Rent prices in Lake Placid vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lake Placid is $1,074, whereas a house costs $1,450. 1-bedroom apartments in Lake Placid run $969 on average, while 2-bedroom apartments are $1,050.

Listings

Studio

$850

8%

60%

1 bedroom

$999

2%

17%

2 bedroom

$1,225

2%

13%

3 bedroom

$1,662

8%

7%

4 bedroom

$2,400

1%

74%

Studio

Average rent

$850

Last 30 days

8%

Last year

60%

1 bedroom

Average rent

$999

Last 30 days

2%

Last year

17%

2 bedroom

Average rent

$1,225

Last 30 days

2%

Last year

13%

3 bedroom

Average rent

$1,662

Last 30 days

8%

Last year

7%

4 bedroom

Average rent

$2,400

Last 30 days

1%

Last year

74%

The table above reflects average rent prices in Lake Placid, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lake Placid, FL compare to other cities?

Compare median rent prices in Lake Placid and Bartow by all bedroom counts and property types.

Lake Placid

Median rent price$1,262
decreased by34%

lower than the national median

Median rent price$1,762
decreased by8%

lower than the national median

Takeaway

The median rent for all rentals in Lake Placid, FL is 28% lower than the median rent in Bartow, FL.

Discover rentals in Lake Placid, FL

6 Anita Dr #3 - Photo 1 of 1

2d ago

Apartment for rent in Lake Placid

Residential, Lake Placid, FL

6 Anita Dr #3, Lake Placid, FL 33852

2 beds

1 bath

$849

Apartment for rent

10 Anita Dr #5 - Photo 1 of 1

2d ago

House for rent in Lake Placid

Residential, Lake Placid, FL

10 Anita Dr #5, Lake Placid, FL 33852

2 beds

1 bath

$898

House for rent

205 Phantasy Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Lake Placid

DUPLEX - Lake Placid, FL

205 Phantasy Ave, Lake Placid, FL 33852

2 beds

1 bath

$1,000

Apartment for rent

40 Betty Dr #20 - Photo 1 of 1

5d+ ago

House for rent in Lake Placid

SINGLE_FAMILY - Lake Placid, FL

40 Betty Dr #20, Lake Placid, FL 33852

2 beds

1 bath

$1,049

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lake Placid, FL

Quick answers to common questions about the Lake Placid rental market.

How much is rent in Lake Placid?

The average rent in Lake Placid is $1,262 per month as of August 29, 2026.

Is rent up or down in Lake Placid?

Average rent prices in Lake Placid have decreased by 7% over the last month and have decreased by 21% since last year.

How does Lake Placid rent compare to the national average?

Rent in Lake Placid is 34% below the national average, which means renters are paying approximately $647 less per month.

What salary do I need to afford rent in Lake Placid?

To comfortably afford rent in Lake Placid, you'd need to earn approximately $51,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Lake Placid?

October offers the best rental deals in Lake Placid, with rents running about 25% lower than the peak season in March. This seasonal variation creates clear timing opportunities for budget-conscious renters.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Alturas