What is the median rent in the Village of Lake Placid, NY?

Name: Median rent in the Village of Lake Placid, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in the Village of Lake Placid, NY is $1,102 (±$93) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 768 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In the Village of Lake Placid, the median gross rent went from $1,031 in 2015–2019 to $1,102 in 2020–2024 (+6.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $1,102 (±$93)
Rented homes: 768 (±202)
$2,000 or more: 7.9%
Since 2015–2019: +6.9%

How much rent costs in the Village of Lake Placid

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Village of Lake Placid	Essex County	New York	United States
Less than $500	9.5% (±8.6 points)	10.5%	7.8%	6.3%
$500 to $999	26.3% (±13.6 points)	44.9%	15.2%	20.2%
$1,000 to $1,499	55.1% (±16.5 points)	36.1%	22.2%	28.1%
$1,500 to $1,999	1.2% (±1.9 points)	3.9%	19.8%	21.1%
$2,000 to $2,499	7.9% (±11.6 points)	3.7%	14.3%	12.0%
$2,500 to $2,999	0.0% (±5.4 points)	0.9%	7.6%	5.5%
$3,000 or more	0.0% (±5.4 points)	0.0%	13.2%	6.8%

The most common range is $1,000 to $1,499, paid by 55.1% of renting households.

7.9% of rented homes in the Village of Lake Placid cost $2,000 or more a month.

The Village of Lake Placid against Essex County, its state and the nation

Estimate (90% margin of error)
	Village of Lake Placid	Essex County	New York	United States
Median gross rent	$1,102 (±$93)	$934 (±$69)	$1,621 (±$7)	$1,413
Rented homes paying rent	768 (±202)	3,396 (±331)	3,406,652 (±12,095)	42,849,984

In the Village of Lake Placid, median gross rent is higher than in Essex County ($934).

It is also lower than in New York ($1,621).

It is lower than the national figure ($1,413).

Statewide, it ranks 211 of 499.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in the Village of Lake Placid has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,031 (±$128)	$1,102 (±$93)	+6.9%	No measurable change after inflation
Households that rent	64.1% (±11.7 points)	53.8% (±9.8 points)	−10.3 percentage points	Not a measurable change
Rental vacancy rate	5.6% (±8.3 points)	0.0% (±5.2 points)	−5.6 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near the Village of Lake Placid

Nearest places with a published estimate, compared with the Village of Lake Placid
Place	Distance	Median gross rent	Compared with this place
Village of Lake Placid	—	$1,102 (±$93)	—
Town of North Elba	6.1 mi	$1,073 (±$71)	Not measurably different
Town of St. Armand	6.4 mi	$867 (±$466)	Not measurably different
Town of Wilmington	7.7 mi	$1,063 (±$275)	Not measurably different
Village of Saranac Lake	7.7 mi	$853 (±$29)	Lower
Town of Harrietstown	12 mi	$847 (±$34)	Lower
Town of Keene	12 mi	$1,575 (±$566)	Not measurably different
Town of Jay	16 mi	$1,272 (±$366)	Not measurably different
Town of Franklin (Franklin County)	17 mi	$706 (±$273)	Lower

Nearby places with a measurably lower figure: Village of Saranac Lake, NY ($853), Town of Harrietstown, NY ($847), Town of Franklin (Franklin County), NY ($706).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Village of Lake Placid

What is the average rent in the Village of Lake Placid, NY?

The Census Bureau publishes the median rather than the average: the median gross rent in the Village of Lake Placid is $1,102 (±$93) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in the Village of Lake Placid?

In the Village of Lake Placid, the median gross rent went from $1,031 in 2015–2019 to $1,102 in 2020–2024 (+6.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in the Village of Lake Placid cost more than $2,000 a month?

7.9% of rented homes in the Village of Lake Placid have a gross rent of $2,000 or more a month, and 9.5% cost less than $500.

Is rent in the Village of Lake Placid higher than in Essex County?

In the Village of Lake Placid, median gross rent is higher than in Essex County ($934).

It is also lower than in New York ($1,621).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Placid village, New York (place:40761, in state:36).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.