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Rental Market Trends in Lake Placid, FL

What is the average rent in Lake Placid, FL?

$836/month

Average Rent

650 Sq Ft

Average Apartment Size

+3.1%

Increase in the Last Year

As of January 2026, the average rent in Lake Placid, FL is $836 per month. This is 49% lower than the national average rent of $1,625/month, making renting in Lake Placid more affordable than most cities in the US. When you rent an apartment in Lake Placid, you can expect to pay about per month for a studio, $836 for a one-bedroom apartment, and around $911 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,866 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$836/month
650 Sq Ft
Two Bedroom
$911/month
850 Sq Ft
Three Bedroom
$1,866/month
1,580 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,744/month
918 Sq Ft
Three Bedroom
$1,863/month
1,399 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lake Placid, FL?

In the past year, rent has increased by 3.1%, which averages out to $27 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lake Placid, FL
Last Updated January 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Lake Placid, FL
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Lake Placid, FL?

Because the average rent in Lake Placid is $836, you’ll want to make about $2,786 per month or $33,432 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lake Placid, FL

55 Available Apartments for Rent

Search for Nearby Apartments

How does Lake Placid, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Lake Placid, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lake Placid, FL

Apartment Averages

Nearby City Rent Trends

  • Sebring Average Rent

Apartment communities in Lake Placid we think you'll love

133 Wilson Way NE

133 Wilson Way NE

133 Wilson Way NE,
Lake Placid, FL 33852

$1,400 Total Monthly Price

2 Beds

221 Beech Way NW

221 Beech Way NW

221 Beech Way NW,
Lake Placid, FL 33852

$1,700 Total Monthly Price

3 Beds

5461 Placid Lakes Blvd

5461 Placid Lakes Blvd

5461 Placid Lakes Blvd,
Lake Placid, FL 33852

$1,400

2 Beds

1617 Birch St

1617 Birch St

1617 Birch St,
Lake Placid, FL 33852

$2,300

3 Beds

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United States Florida Lake Placid Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

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Equal Housing Opportunity