Cheap Apartments for Rent in Orlando, FL from $400 (495 Rentals)

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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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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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The Soul of the City Beautiful: What Life in Orlando Is Really Like

Orlando is much more than theme parks. Uncover the city's rich history, diverse neighborhoods like Winter Park and Downtown, and its bustling cultural and culinary life.

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Top Neighborhoods Near Orlando Major Employers

Learn about the best places to live near major employers in Orlando with original content written by our Local Expert Darla Ferrara

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Orlando, FL Local Guide

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Cheapest Neighborhoods for Apartments in Orlando, FL

Pricing Updated: 01/15/2026

Current apartment rentals in the Orlando, FL area range in price from $452 to $22,000 with an overall median price of $2,932. The three Orlando neighborhoods with the lowest median rent pricing are Arden Villas at $805, Rouse Run at $805, and Robinswood at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Orlando Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Arden Villas$1,538$805163
Rouse Run$1,553$805189
Robinswood$1,563$75035
Indian Shores$1,595$8503
Arbor Ridge$1,613$805132
University$1,645$805171
Mercy Drive$1,649$750314
Stonebriar$1,655$805171
Wekiva Forest Trails$1,692$1,2291
Stonemead$1,695$805153

Cheapest Available Orlando Apartments for Rent

 

The cheapest available apartment rental in Orlando, FL is a 1 Bed unit found at Grand East Village in the Timberleaf neighborhood priced from $598. Nassau Bay Apartments in the Rosemont neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $631. Here is today’s list of the most affordable Orlando apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grand East VillageA11BR,1BA$598
Nassau Bay ApartmentsTwo Bedroom2BR,2BA$631
Whispering OaksThe Acorn2BR,2BA$636
Orlando SkyThe IndigoStudio,1BA$819
Timber Sound 23X23BR,2BA$821
The Retreat West6BR/6.5BA - Belmont6BR,6BA$899
Altamonte TerraceOne Bedroom1BR,1BA$900
San Jose Apartments1x1 8631BR,1BA$903
Orion on Orpington4x4 Premium4BR,4BA$945

Best Value Apartments for Rent in Orlando, FL

As of January 15, 2026 the best value apartment in the Orlando area is the $0.63 price per square foot Platinum 4BR 4BA Model at The Quad in the in the The Villages of Camelot neighborhood starting from $949. The second greatest value Orlando apartment is the The Sunrise D1 Alt - 4x4 Model at The Retreat East starting at $1,069 with a $0.74 price per square foot in the University South neighborhood. Here is today’s list of the best values for Orlando apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The QuadPlatinum 4BR 4BA4BR,4BA$0.63
The Retreat EastThe Sunrise D1 Alt - 4x44BR,4BA$0.74
UnionWestThe View4BR,4BA$1.05
The Retreat West3BR/3BA - Birchmore 33BR,3BA$0.85
Orion on Orpington4x4 Premium4BR,4BA$0.73
The Accolade Collegiate Village West4x4D14BR,4BA$0.78
Campus Crossings on Alafaya4 Bedroom 2.5 Bathroom4BR,2.5BA$0.65
Whispering OaksThe Oakshade3BR,2BA$0.69
San Jose Apartments2x1 10332BR,1BA$1.05
Pointe at CentralB22BR,2BA$1.04

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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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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Orlando Overview

Located in central Florida, Orlando is known as the “Theme Park Capital of the World” with over 62 million visitors flocking to its events and attractions each year. The Orlando metropolitan area is home to over 2 million residents, making it land among the Top 25 largest metro areas in the country. In addition to its theme-park moniker, Orlando is nicknamed The City Beautiful, and the name fits, as Orlando is an attractive city to call home. With a wide variety of comfortable and affordably priced available apartments in Orlando to move too, the city is a can't miss opportunity for happiness.

Why live in Orlando, FL?

There are so many activities, events, and sports venues to visit in Orlando, you will never feel like there is nothing to do. You may think of Orlando as the home to Walt Disney World, but that is just the tip of the iceberg! There are plenty of options for fun all year long to take advantage of out of your Orlando apartments.

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

Explore Orlando, FL Rentals by Map

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Orlando, FL Area Reviews

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Frequently Asked Questions about Cheap Orlando Apartments

What is a cheap apartment in Orlando?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Orlando is under $945.

What is the price of a cheap apartment in Orlando?

The cheapest apartment in Orlando is Grand East Village which is listed at $598, while the average apartment in Orlando costs $2,932.

What types of apartments are the cheapest in Orlando?

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 20,164 regular apartments in Orlando 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 Orlando?

Cheap apartments in Orlando have an average cost of $619 which is $2,313 cheaper than the average rent for all rentals in Orlando.

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.

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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.

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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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!