Apartments for Rent in Lake Placid, Highlands County, FL

Prices and availability in Lake Placid, Highlands County, FL were last updated on 5 Aug 2026.

The best apartment in Lake Placid, Highlands County, FL is: 560 Lake August Dr.

In Lake Placid 18% of the housing is rented out compared to 82% of homes are owned, according to the most recent Census Bureau estimates. 3% of Lake Placid's apartments are found in large buildings of 50 units or more, 21% are located in smaller apartment complexes with less than 50 units, and 65% are single-family rentals.

The average age of rental buildings in Lake Placid is 14 years old, with all being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Lake Placid come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 38% of all rentals in Lake Placid. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.