
Cheap Apartments for Rent in Altamonte Springs, FL from $500 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in Altamonte Springs.


Villa Del Mar

Goldelm at Charter Pointe

Altamonte Terrace

Hideaway Oaks Studios

285 Wymore Rd

The Retreat at Altamonte Springs

Total Monthly Price
Latitude 28 Apartments

Glades

Total Monthly Price
Timberlake
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.

Lotus Landing

Total Monthly Price
Promenade at Uptown Apartments

948 Lake Destiny Rd, Unit E

Altamira Place Apartment Homes

ARIUM Altamonte Springs

Los Altos at Altamonte Springs

370 Lake Tahoe Ct

320 Black Oak Ct, Unit 320 black oak 201

Raven Crossings Apartments

Wymore 360 Apartments
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.

Banyan East Town

944 N Lake Destiny Rd

128 Water Front Way

120 Blue Pointe Way

315 Wymore Rd

946 N Lake Destiny Rd

Central Park

Latitude 28

948 N Lake Destiny Rd

The Essex
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.

465 Forestway Cir

948 Lake Destiny Rd

370 Lake Placid Ct

924 N Lake Destiny Rd

123 BLUE POINT Way

241 Afton Square

224 Afton Square

421 E Kennedy Blvd

232 Hill Street, Unit Room C

312 Orange St
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.

840 Mulberry St

5348 Hillock Ct

Regency Oaks Apartments

Total Monthly Price
Advenir at Magnolia

202 Esplanade Way

4204 Plantation Cove Dr

Hidden Pines Apartments

The Palms at Casselberry

Talia at Maitland

Total Monthly Price
Cortland Mirror Lake
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

How much does it cost to rent an apartment in Altamonte Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Altamonte Springs Studio Apartments | $1,416 | $985 | $2,223 |
| Cheap Altamonte Springs 1 Bedroom Apartments | $1,749 | $250 | $3,077 |
| Cheap Altamonte Springs 2 Bedroom Apartments | $2,032 | $1,130 | $4,370 |
| Cheap Altamonte Springs 3 Bedroom Apartments | $2,490 | $1,571 | $6,376 |
| Cheap Altamonte Springs 4 Bedroom Apartments | $2,819 | $1,844 | $4,275 |
Browse Top Apartments in Altamonte Springs
See all Apartments in Altamonte SpringsExplore Altamonte Springs
Altamonte Springs, FL Local Guide

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Cheapest Neighborhoods for Apartments in Altamonte Springs, FL
Pricing Updated: 06/21/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Wekiva | $2,950 | $392 | 532 |
| Spring Valley | $3,850 | $1,100 | 102 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Del Mar | Efficiency | Studio,1BA | $975 |
| Goldelm at Charter Pointe | Studio | Studio,1BA | $995 |
| The Beacon at Seminole Lakes | 1 Bedroom | 1BR,1BA | $1,040 |
| Regency Oaks Apartments | Studio | Studio,2BA | $1,123 |
| The Retreat at Altamonte Springs | A1 | 1BR,1BA | $1,145 |
| Advenir at Magnolia | S - Lily | Studio,1BA | $1,167 |
| Latitude 28 Apartments | Baltic | 1BR,1BA | $1,168 |
| Timberlake | Aspen | 1BR,1BA | $1,175 |
| Glades | Oxford | 1BR,1BA | $1,175 |
| Hideaway Oaks Studios | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Grand Reserve at Maitland Park | The Grand E | 4BR,2BA | $1.39 |
| The Pointe at Merritt Street | Cambridge | 3BR,2BA | $1.27 |
| 831 Camargo Way, Unit 207 | 831 Camargo Way | 2BR,2BA | $1.44 |
| Autumn Run | 3 Bedroom - I | 3BR,2BA | $1.52 |
| Melina at Maitland | C1 | 3BR,2BA | $1.40 |
| Boca Vista Apartments | The Como | 2BR,2BA | $1.33 |
| Wymore 360 Apartments | B1-R | 2BR,1BA | $1.43 |
| Verandahs at Hunt Club | ARABIAN | 1BR,1BA | $1.51 |
| Lake Weston Point Apartments | Two Bedroom | 2BR,2BA | $1.50 |
| The Preserve at Spring Lake | Tupelo | 2BR,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.
Read ArticleYour 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
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
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.
Best Local Schools in Altamonte Springs, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Altamonte Springs, FL Rentals by Map
See the most popular apartments and homes in Altamonte Springs, FL
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.
Helpful Local Expert Guides

An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Darla Ferrara
For many, Orlando is the place where you vacation, not live. However, this city, located in the central region of Florida, offers a vibrant tech community, plenty of outdoor activities, and some of the best schools in the country.

Your Guide to the Perfect Orlando Neighborhood for Student Renters
Written by: Darla Ferrara
There is never a dull moment in Orlando, Florida. Along with top-tier universities, technical schools, and local colleges, there are world-class entertainment venues, the ocean within driving distance, and lots of sunshine.

Unlock Your Orlando Commute: An Expert Guide to Ideal Neighborhoods Near Major Local Employers
Written by: Darla Ferrara
When I first moved to Orlando, Florida, in the 1990s, one of the things that drew me here was the remarkably low unemployment rates. There was a job for everyone. Two decades later, that fundamental appeal remains.

The Soul of the City Beautiful: What Life in Orlando Is Really Like
Written by: Darla Ferrara
When people think of Orlando, Florida, they dream of theme parks and sunny weather, and rightfully so. It’s that energy that keeps this city a mainstay in the global tourist industry.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.