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Affordable apartments in Lake Placid, Florida

3 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

3 lihtc

Buildings

HIGHLANDS COVE I

LIHTC
454 MACLYN CIR, LAKE PLACID, FL, 33852
Income-restricted units
64 of 64
Year placed in service
2011
Bedroom mix
24 2BR · 20 3BR · 20 4+BR

Estimated total housing cost: $927 rent + $169 utilities = $1,096/mo

Contact property management for current availability. Waitlists may apply.

THORNBURY

LIHTC
31 CHELSEA ST, LAKE PLACID, FL, 33852
Income-restricted units
48 of 48
Year placed in service
2007
Bedroom mix
26 1BR · 22 2BR

Estimated total housing cost: $927 rent + $169 utilities = $1,096/mo

Contact property management for current availability. Waitlists may apply.

HERON'S LANDING

LIHTC
1 HERONS LANDING DR, LAKE PLACID, FL, 33852
Income-restricted units
37 of 37
Year placed in service
1992
Bedroom mix
30 1BR · 6 2BR

Estimated total housing cost: $927 rent + $169 utilities = $1,096/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Florida

Residential electricity in Florida runs about 15.43¢/kWh, with a typical monthly residential electric bill near $169. Natural gas runs about $28.02/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Lake Placid, FL

Metro-level
BedroomsLocal FMRNational median
Studio$788n/a
1 bedroom$881n/a
2 bedroom$927$1,502
3 bedroom$1,205n/a
4 bedroom$1,391n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Highlands County, FL

Sebring, FL. FY2025. Area median income: $66,400.

Household size30% AMI50% AMI80% AMI
1 person$16,100$26,850$42,950
2 people$21,150$30,650$49,050
3 people$26,650$34,500$55,200
4 people$32,150$38,300$61,300
5 people$37,650$41,400$66,250
6 people$43,150$44,450$71,150
7 people$47,500$47,500$76,050
8 people$50,600$50,600$80,950

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Florida cities

See all affordable-rental cities in Florida

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Lake Placid cost-of-living and Fair Market Rent overview