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Rental Market Trends

Lake Placid, FL

As of April 2026, Lake Placid's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake Placid's average rent is 22.4% ($480) lower than the Florida average of $2,139 and 7.2% ($129) lower than the U.S. average of $1,788.

Average Rent

$1,659

Monthly ChangeMonth Over Month Change

1.5% ($25)

Yearly ChangeYear Over Year Change

34.2% ($423)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,024	1% ($10)	4.4% ($47)
2 Beds	$1,261	0.6% ($7)	2% ($25)
3 Beds	$1,885	3.8% ($74)	26.6% ($396)

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Lake Placid Rental Market FAQs

Explore rental prices, market trends, and availability in Lake Placid, FL.

What is the average rent in Lake Placid, FL?

The average rent in Lake Placid, FL is $1,659 per month.

What is the rental price range for houses in Lake Placid, FL?

Houses in Lake Placid typically rent for between $717 and $2,451 per month, with an average of $1,659 per month.

What is the average rent for different bedroom sizes in Lake Placid, FL?

In Lake Placid, the average rent for a 1-bedroom house is $1,024 per month, for a 2-bedroom house, $1,261 per month, and a 3-bedroom house is $1,885 per month.

How do rent prices in Lake Placid, FL compare with the national average?

The average rent in Lake Placid is 7.2% ($129) lower than the national average of $1,788 per month.

How have rent prices in Lake Placid, FL changed recently?

The average rent in Lake Placid has increased by 1.5% ($25) in the last month and increased by 34.2% ($423) over the past year.

How competitive is the rental market in Lake Placid, FL?

The rental market in Lake Placid, FL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Lake Placid, FL?

In Lake Placid, FL, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Lake Placid, FL?

There are currently 12 rental properties available in Lake Placid, FL.

Can I afford to rent a house in Lake Placid, FL?

Based on the current averages, a household would need an annual income of $50,440 to comfortably afford a 2-bedroom house in Lake Placid.