The municipality lies in the Eifel east of the river Lieser in a stretch of countryside known as the “Schladt Switzerland” (Schladter Schweiz).
Schladt's neighbours are Gipperath, Plein, Minderlittgen, Großlittgen and Karl.
The municipality's arms might in English heraldic language be described thus: Tierced in mantle, dexter Or a fess dancetty gules, sinister argent a fleur-de-lis sable, and in base azure two candles in saltire of the first, lit with fire of the third.
The zigzag stripe (“fess dancetty”) seen on the dexter (armsbearer's right, viewer's left) side is the armorial charge once borne by the Lords of Manderscheid, who were Schladt's landholders until feudalism finally ended in the region.
Before them came the Abbey of Echternach, which held Schladt until the mid 14th century, and whose armorial bearing was the black lily now seen on the sinister (armsbearer's left, viewer's right) side of the municipality's arms.