Lake Placid, FL Real Estate

According to census data in the year 2000 there were 736 housing units in Lake Placid. This represents a 25.4% growth from 587 in 1990.

Of those housing units, 736 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Placid is about 45.6%. Lake Placid's vacancy rate, including seasonal lodging, is about 16.3%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Lake Placid were built after 1981.


Housing Size

Housing Units by Size
Studio Type3.50%
One Bedroom24.90%
Two Bedrooms39.30%
Three Bedrooms28.10%
Four Bedrooms3.40%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1979
Median Value of occupied units$60,000
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1982
Median Monthly Rent asked for vacant units$339

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.60%
Home Equity Loan3.20%
Simple Mortgage57.20%
Debt Free38%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%