Cheap Hotels & Resorts in Lake Placid from AU$130

  • Plan, book, stay with confidence
  • bex rewards loyalty icon
    Be picky
    Search almost a million properties worldwide
    payments icon
    Treat yourself
    Sign in to save 10% or more on thousands of hotels
    today icon
    Change your mind
    Book hotels with free cancellation

Best Lake Placid Cheap Hotels

Ramada by Wyndham Lake Placid

2.0 star property
7.6 out of 10, Good, (978)
"everything was GREAT"
The price is AU$130
includes taxes & fees
26 Dec - 27 Dec
Ramada by Wyndham Lake Placid

Lake Grassy Inn & Suites

2.5 star property
8.4 out of 10, Very good, (219)
"The room was clean and tidy. The view of the lake is beautiful. "
The price is AU$257
includes taxes & fees
1 Dec - 2 Dec
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.
Don't see what you're looking for?
See all available properties in Lake Placid
Beautiful view of the beach with palm trees

Black Friday: Members save 30%+

Members save 30%+ on selected hotels until 4 Dec (property time) with our Black Friday deals. Stay by 15 Dec 2025.

Frequently asked questions

What is Lake Placid like for travellers on a budget?
Lake Placid has cheap accommodation options and a variety of places to visit, making it a great holiday choice for budget-conscious travellers. You can find ways to save money while getting to know this destination, which is home to attractions such as Lake Istokpoga, Murals of Lake Placid and Lake Placid Tower.
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 travellers 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, but bear 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 temperature of 27°C, while the coldest months are January and February, with an average of 19°C. The rainiest months in Lake Placid are August, June, July and September, with each month seeing an average of 219 mm 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 make time for sights and activities that cost little or nothing at all. Enjoy the outdoors at Lake Istokpoga and Lake June-in-Winter Scrub State Park, 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 nearest airport is 11.2 mi (18 km) away from the centre in Sebring, FL (SEF-Sebring Regional). However, if that doesn’t suit your budget, you can book a flight to Avon Park, FL (AVO-Avon Park Executive), located 23.1 mi (37.2 km) away. Lake Placid might not have very many public transport options to choose from so a car rental could be an economical alternative to explore more of the area.