Studio Rent · July 2026

Studio Apartment Rent in Lake Placid, FL

$930/mo

Median asking rent for a studio apartment in Lake Placid, Florida as of July 2026. That's +44% lower than the citywide median of $1,659 and +28% below the national studio median of $1,295.

Studio median
$930
July 2026
vs city overall
-44%
$1,659 city median
vs national
-28%
$1,295 US median
Florida rank
#13
of 261 cities

Income needed for a studio in Lake Placid

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$37,200
Monthly gross
$3,100
Hourly (full-time)
$17.88

Rent by apartment size in Lake Placid

Compare Lake Placid's median rent across every apartment size.

Studio (current)
$930
1-Bedroom
$1,030
2-Bedroom
$1,350
3-Bedroom
$1,660
4+ Bedroom
$2,160

Cheapest cities for a studio in Florida

#CityStudio rent
1Pinewood$360
2Palatka$780
3Lake City$840
4Belleview$860
5Hernando$860
6Crystal River$865
7Treasure Island$872
8Sebring$875
9Auburndale$910
10Bartow$910
11Ocklawaha$910
12Lake Alfred$920
13Lake Placid (this page)$930
14Cape Canaveral$940
15Freeport$940

Most expensive cities for a studio in Florida

#CityStudio rent
1Key Biscayne$2,560
2Weston$2,547
3Doral$2,450
4Aventura$2,390
5Loxahatchee$2,380
6Parkland$2,365
7Windermere$2,360
8Lithia$2,350
9Coral Gables$2,235
10West Miami$2,220
11Pembroke Pines$2,220
12Miami Beach$2,203
13Royal Palm Beach$2,178
14The Hammocks$2,170
15Apollo Beach$2,170

Nearby cities — studio rent

Considering nearby alternatives? 2 of these cities have cheaper studio rents than Lake Placid.

CityDistanceStudio rentvs Lake Placid
Sebring, FL15.9 mi$875$-55 (-6%)
Okeechobee, FL30 mi$1,160+$230 (+25%)
Lehigh Acres, FL47.4 mi$1,468+$538 (+58%)
North Fort Myers, FL50.4 mi$1,200+$270 (+29%)
Bartow, FL53.2 mi$910$-20 (-2%)
Port Charlotte, FL55.8 mi$1,295+$365 (+39%)
Mulberry, FL57.7 mi$1,020+$90 (+10%)
North Port, FL57.9 mi$1,350+$420 (+45%)
Winter Haven, FL58 mi$1,070+$140 (+15%)
Cape Coral, FL59.7 mi$1,680+$750 (+81%)
Haines City, FL60.5 mi$1,020+$90 (+10%)
Estero, FL62.3 mi$2,010+$1,080 (+116%)

Studio rent in Lake Placid — common questions

How much is a studio apartment in Lake Placid?

As of July 2026, the median studio apartment rent in Lake Placid, Florida is $930 per month. This is +44% below the citywide median of $1,659.

What income do you need to afford a studio in Lake Placid?

Using the standard 30% rent-to-income rule, you would need an annual income of about $37,200 ($3,100/month gross), which works out to roughly $17.88/hour at a full-time job.

Is Lake Placid expensive for a studio compared to the rest of the US?

Lake Placid's studio median of $930 is +28% below the national studio median of $1,295. It ranks in the 21th percentile of US cities tracked.

How does Lake Placid rank for studio rent in Florida?

Among the 261 cities in Florida with studio data, Lake Placid ranks #13 from cheapest to most expensive.

Are there cheaper studio options near Lake Placid?

Yes — nearby cities with cheaper studio rents include Sebring ($875), Bartow ($910).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Lake Placid, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.