Cheap New Apartments for Rent in Orlando, FL from $400 (55 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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Parramore Oaks
Built in 20201 to 3 Bedroom Apartments

Parramore Oaks

750 S Parramore AveOrlando, FL 32805
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Pendana at West Lakes
Built in 20181 to 3 Bedroom Apartments

Pendana at West Lakes

2205 Orange Center BlvdOrlando, FL 32805
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Citrus Oaks Apartments
Built in 2022Studio to 2 Bedroom Apartments

Citrus Oaks Apartments

4855 S Orange Blossom TrlOrlando, FL 32839
  • Utilities Included
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Royal Palace
Built in 20192 Bedroom Apartments

Royal Palace

2121 McCoy RdOrlando, FL 32809
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Hawthorne Park
Built in 20222 Bedroom Apartments

Hawthorne Park

5386 Silver Star RdOrlando, FL 32808
Senior Living
  • Utilities Included

Orlando's Best Affordable Neighborhoods

Learn about Orlando and the best places to live with original content written by our Local Expert Darla F

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Orlando, FL Local Guide

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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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

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  • 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 $3,946.

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 9,744 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 $504 which is $3,442 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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.