Cheap Apartments for Rent in Orlando, FL from $400 (538 Rentals)

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

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 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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Orlando's Best Affordable Neighborhoods

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Orlando, FL Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Orlando, FL

Pricing Updated: 06/18/2025

Current apartment rentals in the Orlando, FL area range in price from $133 to $28,990 with an overall median price of $4,000. The three Orlando neighborhoods with the lowest median rent pricing are Sunset Lake at $1,050, Bay Hill at $1,500, and Arden Villas at $735. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Orlando Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sunset Lake$1,395$1,0502
Bay Hill$1,500$1,5001
Arden Villas$1,637$73586
Rouse Run$1,752$73588
Goldsboro Community$1,938$1,10092
Celery Estates$1,950$59980
Huckleberry$1,992$85949
Lake Picket Center$1,992$73570
Stonemead$1,992$73580
Tanner Road$1,992$73599

Cheapest Available Orlando Apartments for Rent

 

The cheapest available apartment rental in Orlando, FL is a 2 Beds unit found at Sand Lake Pointe Apartments in the South Park neighborhood priced from $561. Nassau Bay Apartments in the Rosemont neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $639. Here is today’s list of the most affordable Orlando apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sand Lake Pointe ApartmentsTwo Bedroom Two Bath 282BR,2BA$561
Nassau Bay ApartmentsTwo Bedroom2BR,2BA$639
Altamonte TerraceOne Bedroom1BR,1BA$800
Hideaway Oaks StudiosStudiosStudio,1BA$840
Orlando TerraceStudioStudio,1BA$882
Laurel Hills Villas, a 55+ CommunityHighrise1BR,1BA$890
San Jose Apartments1x1 8631BR,1BA$903
Waterview Crossing ApartmentsOne Bedroom One Bath Classic1BR,1BA$950
RICHARD ALLEN GARDENS2 Bedroom 1 Bathroom2BR,1BA$980
Orlando SkyThe IndigoStudio,1BA$980

Best Value Apartments for Rent in Orlando, FL

As of June 19, 2025 the best value apartment in the Orlando area is the $0.92 price per square foot 2540 Greenwood Dr Model at 2540 Greenwood Dr, Unit Upstairs in the in the Lakeside neighborhood starting from $1,200. The second greatest value Orlando apartment is the 4x4 Platinum Model at Orion on Orpington starting at $985 with a $0.76 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.
2540 Greenwood Dr, Unit Upstairs2540 Greenwood Dr1BR,1BA$0.92
Orion on Orpington4x4 Platinum4BR,4BA$0.76
Campus Crossings on Alafaya4 Bedroom 2.5 Bathroom4BR,2.5BA$0.63
Ekos at Lake ShadowC1 60 & 703BR,2BA$1.27
THE ISLEThe Ragusa2BR,2BA$1.27
GOLDEN OAKS3 Bedroom 2 Bathroom3BR,2BA$0.94
San Jose Apartments2x1 10332BR,1BA$1.05
Sand Lake Pointe ApartmentsTwo Bedroom Two Bath 282BR,2BA$0.57
Knights Circle2 Bedroom 2 Bathroom2BR,2BA$1.06
Pointe at CentralA22BR,2BA$0.95

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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.

Pet Friendly Lifestyle
Orlando, FL

Ranked #2

Among cities in Florida for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Orlando, FL Rentals by Map

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See the most popular apartments and homes in Orlando, FL

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Getting Around Orlando, FL

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Orlando, FL Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 $980.

What is the price of a cheap apartment in Orlando?

The cheapest apartment in Orlando is Altamonte Terrace which is listed at $800, while the average apartment in Orlando costs $4,000.

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 9,288 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 $495 which is $3,505 cheaper than the average rent for all rentals in Orlando.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.