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Lake Placid, NY Home for Rent

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    $2,790

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    2776 Main St Unit 2776 Main- LP, Lake Placid, NY 12946

    Newly remodeled fully furnished Two Bedroom One in central Lake Placid Location. Includes Washer/Dryer, Stainless Steel Appliances. One parking space included. Immediate availability.

    2776 Main St Unit 2776 Main- LP, Lake Placid, NY 12946

Why Live in Lake Placid

Lake Placid, located in the Adirondacks of upstate New York, is a resort town known for its rich sports history and year-round outdoor activities. Famous for hosting two Winter Olympics, including the 1980 "Miracle on Ice," this village of about 3,000 residents thrives in all seasons. Summer brings hiking, boating, and fishing, with events like the Ironman triathlon drawing visitors. Winter sports remain popular, with facilities such as an Olympic Training Center, ski jump complex, and bobsled track. The area features two lakes, Lake Placid and Mirror Lake, offering public boat ramps, swimming areas, and kayaking spots. Hiking trails range from easy walks to challenging climbs in the High Peaks, and Whiteface Mountain provides extensive downhill skiing options. Homes in Lake Placid typically showcase traditional mountain styles, including Adirondack-style houses with wood and stone exteriors, large windows, and decks. Waterfront properties often have private docks, while other styles include log cabins, Colonial Revivals, and American Foursquares. Main Street is the hub for shopping and dining, with a variety of locally owned businesses, restaurants, and cafes. Sporting events such as the Ironman, Empire State Winter Games, and Skate America figure skating competitions are held regularly, with the Olympic Museum open daily. Lake Placid Central Schools offer career and technical courses, and state routes 86 and 73 provide access to nearby communities. Adirondack Regional Airport, 17 miles away, offers flights to Boston and New York City, while the closest hospital is Adirondack Health in Saranac Lake.

Frequently Asked Questions

How much does it cost to rent a home in Lake Placid, NY?
The median rent for a home in Lake Placid, NY is $2,790 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Lake Placid, NY?
To comfortably afford the median rent in Lake Placid, NY, a household needs to earn roughly $111,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,790 per month in Lake Placid, NY, renters typically need to show $8,370 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lake Placid, NY?
In Lake Placid, NY, the price-to-rent ratio is 15.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Lake Placid, NY

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,790
Median Condo Rent
$2,790
How to Rent a Home