Cheap Apartments for Rent in Altamonte Springs, FL from $500 (67 Rentals)

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Search the lowest-cost Apartments available for rent right now in Altamonte Springs.

property at 285 Wymore Rd

$1,100 - $1,375

1 To 2 Bedroom Rentals

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285 Wymore Rd

Altamonte SpringsFL32714
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Latitude 28 Apartments
Rent Specials
$1,168 - $1,597
Total Monthly Price

Total Monthly Price

Base Rent
$1,168 - $1,597

Total Monthly Price
$1,168 - $1,597
Studio to 2 Bedroom Apartments Available Now

Latitude 28 Apartments

828 Orienta AveAltamonte Springs, FL 32701
Senior Living
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Timberlake
Rent Specials
$1,175 - $1,577
Total Monthly Price

Total Monthly Price

Base Rent
$1,175 - $1,577

Total Monthly Price
$1,175 - $1,577
1 to 2 Bedroom Apartments Available Now

Timberlake

675 Jamestown BlvdAltamonte Springs, FL 32714
Corporate Housing
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 948 Lake Destiny Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

948 Lake Destiny Rd, Unit E

948 Lake Destiny Rd
Altamonte SpringsFL32714

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Banyan East Town
1 to 2 Bedroom Apartments

Banyan East Town

1010 Merritt StAltamonte Springs, FL 32701
  • Utilities Included
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Central Park
1 to 3 Bedroom Apartments

Central Park

525 One Center BlvdAltamonte Springs, FL 32701
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Latitude 28
Studio to 2 Bedroom Apartments

Latitude 28

828 Orienta AveAltamonte Springs, FL 32701
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The Essex
1 to 3 Bedroom Apartments

The Essex

112 Essex AveAltamonte Springs, FL 32701

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Advenir at Magnolia
Rent Specials
$1,167 - $1,667
Total Monthly Price

Total Monthly Price

Base Rent
$1,167 - $1,667

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Advenir at Magnolia

210 Welcome WayFern Park, FL 32730
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Cortland Mirror Lake
Rent Specials
$1,265 - $3,404
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Total Monthly Price

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$1,265 - $3,404

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Cortland Mirror Lake

700 Post Lake PlApopka, FL 32703
Outdoors
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Altamonte Springs, FL Local Guide

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Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Altamonte Springs, FL

Pricing Updated: 06/21/2026

Current apartment rentals in the Altamonte Springs, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Altamonte Springs Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wekiva$2,950$392532
Spring Valley$3,850$1,100102

Cheapest Available Altamonte Springs Apartments for Rent

 

The cheapest available apartment rental in Altamonte Springs, FL is a Studio unit found at Villa Del Mar in the Orienta Gardens neighborhood priced from $975. Goldelm at Charter Pointe in the Orienta Gardens neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here is today’s list of the most affordable Altamonte Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Del MarEfficiencyStudio,1BA$975
Goldelm at Charter PointeStudioStudio,1BA$995
The Beacon at Seminole Lakes1 Bedroom1BR,1BA$1,040
Regency Oaks ApartmentsStudioStudio,2BA$1,123
The Retreat at Altamonte SpringsA11BR,1BA$1,145
Advenir at MagnoliaS - LilyStudio,1BA$1,167
Latitude 28 ApartmentsBaltic1BR,1BA$1,168
TimberlakeAspen1BR,1BA$1,175
GladesOxford1BR,1BA$1,175
Hideaway Oaks StudiosStudioStudio,1BA$1,175

Best Value Apartments for Rent in Altamonte Springs, FL

As of June 21, 2026 the best value apartment in the Altamonte Springs area is the $1.39 price per square foot The Grand E Model at The Grand Reserve at Maitland Park in the in the Courtland Street neighborhood starting from $2,162. The second greatest value Altamonte Springs apartment is the Cambridge Model at The Pointe at Merritt Street starting at $1,684 with a $1.27 price per square foot in the Orienta Gardens neighborhood. Here is today’s list of the best values for Altamonte Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grand Reserve at Maitland ParkThe Grand E4BR,2BA$1.39
The Pointe at Merritt StreetCambridge3BR,2BA$1.27
831 Camargo Way, Unit 207831 Camargo Way2BR,2BA$1.44
Autumn Run3 Bedroom - I3BR,2BA$1.52
Melina at MaitlandC13BR,2BA$1.40
Boca Vista ApartmentsThe Como2BR,2BA$1.33
Wymore 360 ApartmentsB1-R2BR,1BA$1.43
Verandahs at Hunt ClubARABIAN1BR,1BA$1.51
Lake Weston Point ApartmentsTwo Bedroom2BR,2BA$1.50
The Preserve at Spring LakeTupelo2BR,1BA$1.51

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to the Perfect Orlando Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Orlando, FL | Find Orlando Off-Campus Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Altamonte Springs Overview

Altamonte Springs, Florida is an excellent place with great weather throughout the year. There are many opportunities for recreation including large parks and outdoor venues. Options for transportation make getting around super easy. Uptown Altamonte is a fun spot where locals go for shopping and entertainment, it is the center of the city. Outside of the city there are many options for vacations. Altamonte Springs is a lively place to live year-round.

Why live in Altamonte Springs, FL?

There are many excellent reasons to make a move to Altamonte Springs, Florida. First, the area has great recreation opportunities. These include Lake Lotus Recreation Park, a 150-acre nature preserve. The park has a boardwalk, playground equipment, grills, restrooms, a fishing dock, and an enclosed pavilion right next to the lake. Altamonte Springs also has many parks and community-oriented activities.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Altamonte Springs Apartments

What is a cheap apartment in Altamonte Springs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Altamonte Springs is under $1,175.

What is the price of a cheap apartment in Altamonte Springs?

The cheapest apartment in Altamonte Springs is The Beacon at Seminole Lakes which is listed at $1,040, while the average apartment in Altamonte Springs costs $3,400.

What types of apartments are the cheapest in Altamonte Springs?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 123 regular apartments in Altamonte Springs that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Altamonte Springs?

Cheap apartments in Altamonte Springs have an average cost of $435 which is $2,965 cheaper than the average rent for all rentals in Altamonte Springs.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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