Budget Hotels in Lake Placid, Florida

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Check availability on Lake Placid Budget Hotels

Top Lake Placid Budget Hotels

Ramada by Wyndham Lake Placid
Stroll through a serene outdoor space featuring a vibrant mural, a palm tree, and a tranquil water feature surrounded by lush greenery and a wooden bridge.

Ramada by Wyndham Lake Placid

2.0 star property
7.6 out of 10, Good, (1005)
"Rooms were very basic but clean and very affordable. This location was close to the casino which is why we chose this location."
The price is P5,954
P6,698 total
includes taxes & fees
Jul 17 - Jul 18
Ramada by Wyndham Lake Placid
Lake Grassy Inn & Suites
Guests can enjoy serene lake views from spacious rooms with large windows.

Lake Grassy Inn & Suites

2.5 star property
8.4 out of 10, Very Good, (244)
"We enjoyed our stay! "
The price is P7,852
P8,833 total
includes taxes & fees
Jul 20 - Jul 21
Lake Grassy Inn & Suites
Lowest nightly price found within the past 24 hours based on a 1 night stay for 2 adults. Prices and availability subject to change. Additional terms may apply.

Frequently asked questions

What is Lake Placid like for travelers on a budget?
Lake Placid has a variety of cheap accommodations and places to visit, making it a great getaway spot for budget travelers. You can find ways to save money while getting to know this destination, which is home to attractions like Lake Placid Tower, Lake June-in-Winter Scrub State Park, and Lake Istokpoga.
What's the best accommodation for a budget-friendly stay in Lake Placid?
Based on reviews, Ramada by Wyndham Lake Placid is a popular 2-star property for our travelers looking for an economical choice, and features free WiFi and free parking.
When is the best time for a budget trip to Lake Placid?
Weather will likely play an important role when you plan your trip to Lake Placid, and keep in mind that cheaper options are usually available when the weather isn't as good. The hottest months are usually July and August with an average temp of 81°F, while the coldest months are January and February with an average of 66°F. The rainiest months in Lake Placid are August, June, July, and September, with each month seeing an average of 9 inches of rainfall.
What is there to see and do in Lake Placid?
Lake Placid draws tourists with its lakeside setting and offers plenty to see and do without spending a fortune. You can budget for the top local attractions on your list, and then fill your itinerary with activities that are easy on the wallet. Enjoy the outdoors at Lake June-in-Winter Scrub State Park and Lake Istokpoga, or check out the area's cultural spots like Murals of Lake Placid.
How can I get to Lake Placid and get around on a budget?
Scoping out the transportation options in Lake Placid is a smart way to keep your trip affordable. The closest airport is Sebring, FL (SEF-Sebring Regional), situated 11.2 mi (18 km) away. However, if that doesn't suit your budget, you can arrange flights in and out of Avon Park, FL (AVO-Avon Park Executive), which is 23.1 mi (37.2 km) away. Lake Placid may not have many public transportation choices so renting a car could be an economical alternative to see the area.