Cheap Apartments for Rent in Orlando, FL from $400 (554 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 12

Orlando, FL Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Orlando, FL

Pricing Updated: 08/04/2025

Current apartment rentals in the Orlando, FL area range in price from $133 to $27,860 with an overall median price of $4,292. The three Orlando neighborhoods with the lowest median rent pricing are Corner Lakes at $1,200, Cypress Lakes at $1,200, and Walker Cove at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Orlando Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Corner Lakes$1,200$1,2001
Cypress Lakes$1,200$1,2001
Walker Cove$1,200$1,2001
Terra Bona$1,692$1,229113
Indian Hills$1,725$1,27513
Arbor Ridge$1,743$73023
Huckleberry$1,773$73019
University$1,790$73017
Horshoe Lake Estates$1,795$84032
Wekiva Forest Trails$1,800$1,8001

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. Altamonte Terrace in the Orienta Gardens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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
Altamonte TerraceOne Bedroom1BR,1BA$800
Hideaway Oaks StudiosStudiosStudio,1BA$840
Laurel Hills Villas, a 55+ CommunityHighrise1BR,1BA$890
San Jose Apartments1x1 8631BR,1BA$903
Orlando TerraceStudioStudio,1BA$932
Palmetto at LakesideE1Studio,1BA$935
Orion on Orpington4x4 Premium4BR,4BA$945
Waterview Crossing ApartmentsOne Bedroom One Bath Classic1BR,1BA$950

Best Value Apartments for Rent in Orlando, FL

As of August 04, 2025 the best value apartment in the Orlando area is the $0.77 price per square foot 4x4 Platinum Model at Orion on Orpington in the in the University South neighborhood starting from $995. The second greatest value Orlando apartment is the 2 Bed/ 2.5 Bath B1 Model at Village Townhomes starting at $1,535 with a $1.20 price per square foot in the Rosemont 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.
Orion on Orpington4x4 Platinum4BR,4BA$0.77
Village Townhomes2 Bed/ 2.5 Bath B12BR,2.5BA$1.20
5764 S Texas Ave, Unit 2 Bedroom5764 S Texas Ave2BR,2.5BA$1.24
The Seasons2 Bedroom2BR,2BA$1.28
The SeasonsSadona2BR,2BA$1.28
Nassau Bay ApartmentsThree Bedroom3BR,2BA$1.24
THE ISLEThe Ragusa2BR,2BA$1.28
GOLDEN OAKS3 Bedroom 2 Bathroom3BR,2BA$1.05
San Jose Apartments2x1 10332BR,1BA$1.05
Garden Park Senior LivingTwo Bedroom Two Bath (b)2BR,2BA$1.29

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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

Explore Orlando, FL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Orlando, FL

View Map
Orlando, FL Apartments Map
View Map
Orlando, FL Rental Homes Map

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 $950.

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 $4,292.

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 6,364 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 $584 which is $3,708 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.

decorative image for An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.