Cheap Homes for Rent in Lake Mary, FL from $1,000 (28 Rentals)

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Search the lowest-cost Homes available for rent right now in Lake Mary.

property at 284 Short St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

284 Short St

Lake MaryFL32746

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 103 Vista Verdi Cir

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Condo for Rent

Available Now

103 Vista Verdi Cir, Unit 217, Unit 217

103 Vista Verdi Cir
Lake MaryFL32746
property at 212 Dorchester Square

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Townhome for Rent

Available Now

212 Dorchester Square

Lake MaryFL32746

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.

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.

property at 132 Vista Verdi Cir

$1,500 - $1,970

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,970

Total Monthly Price
$1,500 - $1,970

1 To 2 Bedroom Condos for Rent

Available Now

132 Vista Verdi Cir

Lake MaryFL32746

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.

Lake Mary, FL Local Guide

Cheapest Available Lake Mary Apartments for Rent

 

The cheapest available apartment rental in Lake Mary, FL is a 1 Bed unit found at Burlington Cove in the Sterling Meadows neighborhood priced from $630. Lake Jennie 2 in the Sterling Meadows neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,054. Here is today’s list of the most affordable Lake Mary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burlington CoveOne Bed\One Bath1BR,1BA$630
Lake Jennie 22 Bed/1 Bath Low2BR,1BA$1,054
Logan Heights1 Bedroom1BR,1BA$1,083
Heritage VillageOne Bed\One Bath1BR,1BA$1,103
Roselea Manor Apartments1BR - 1BTH Classic1BR,1BA$1,150
Lake Jennie 11/11BR,1BA$1,200
Sun LakeWindsurfer1BR,1BA$1,208
Windchase ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$1,223
Hatteras Sound Apartment HomesOne Bedroom One Bathroom 60%1BR,1BA$1,250
The Terraces at Lake MaryA11BR,1BA$1,272

Best Value Apartments for Rent in Lake Mary, FL

As of May 19, 2026 the best value apartment in the Lake Mary area is the $1.49 price per square foot Davenport Model at Ballantrae Apartments in the in the Wilson Park neighborhood starting from $1,835. The second greatest value Lake Mary apartment is the 2 BR Model at Dalton Place starting at $1,577 with a $1.52 price per square foot in the Mid Florida neighborhood. Here is today’s list of the best values for Lake Mary apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ballantrae ApartmentsDavenport2BR,2BA$1.49
Dalton Place2 BR2BR,2BA$1.52
Seville on the GreenLas Brisas2BR,2BA$1.39
Roselea Manor Apartments2BR - 1BTH Renovated2BR,1BA$1.51
Stoneridge PointeB12BR,1BA$1.54
Lake Jennie 22 Bed/1 Bath2BR,1BA$1.69
Lake Jennie 11/11BR,1BA$1.50
Windchase ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$1.67
Logan Heights1 Bedroom1BR,1BA$1.58
Burlington CoveOne Bed\One Bath1BR,1BA$1.00

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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Quick 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.

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

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Frequently Asked Questions about Lake Mary

What type of rentals are currently available in Lake Mary?

There are currently 81 Apartments for Rent in Lake Mary, FL with pricing that ranges from $1,054 to $3,785. There are also 148 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Mary ranging from $1,050 to $5,800.

What is the current price range for Rental Homes in Lake Mary?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Mary ranges from $1,050 to $5,800 with an average monthly rent of $2,371.

How much are larger Three and Four Bedroom Rentals in Lake Mary?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Mary range from $1,204 to $3,705, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,955. Four Bedroom Single-Family rentals are also available starting from $1,875 and Four Bedroom Apartments start at $1,744.

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

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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.

decorative image for Your Guide to the Perfect Orlando Neighborhood for Student Renters article

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.

decorative image for Unlock Your Orlando Commute: An Expert Guide to Ideal Neighborhoods Near Major Local Employers article

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.

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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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.