Budget Hotels in Lake Placid, Florida

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 June-in-Winter Scrub State Park, Lake Istokpoga, and Murals of 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.

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.

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.

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.