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Lake Placid, NY
Challenging To Investors
Local STR Agent

Yes—short‑term rentals are allowed in Lake Placid and the Town of North Elba, but they are tightly regulated and require permits. As of 2023, the Town and Village adopted a joint local law (Local Law #1 of 2023) that:
Bottom line: You can operate an STR in Lake Placid, but only with the correct permit type for your property’s district, compliance with safety and occupancy rules, and ongoing adherence to the law.
Permit application checklist (owner must provide):
Permit types (key distinctions):
Required postings and advertising:
Tax and registration:
Town of North Elba (outside the Village):
Village of Lake Placid:
Occupancy, parking, and safety:
Events and conduct:
Violations, penalties, and appeals:
State and county overlays:




Lake Placid, New York, is a picturesque village located in the Adirondack Mountains in northeastern New York. With a population of approximately 2,500 residents, Lake Placid is renowned for its natural beauty and outdoor recreational opportunities. The village is situated about 110 miles south of Montreal, 135 miles north of Albany, and 290 miles north of New York City.
Lake Placid gained international acclaim as the host of the Winter Olympics in 1932 and 1980, making it a notable destination for winter sports enthusiasts. Major landmarks include the historic Olympic Center, which includes the indoor ice skating rink used during the 1980 games (web link: Olympic Center), and the Lake Placid Olympic Museum (web link: Olympic Museum), where visitors can learn about the village's Olympic history.
Another significant attraction is the High Falls Gorge (web link: High Falls Gorge), a scenic nature park offering hiking trails and stunning views of waterfalls. Additionally, the nearby Whiteface Mountain provides ample opportunities for skiing, snowboarding, and sightseeing (web link: Whiteface Mountain).
Due to its rich history, scenic landscapes, and variety of outdoor activities, Lake Placid is appealing for short-term rentals. It attracts visitors looking for both adventure and relaxation, making it an ideal location for those renting out properties on a temporary basis.
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