New Apartments for Rent in Orlando, FL Under $5,000 (200 Rentals)

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Valencia Isle
Rent Specials
$2,845
Total Monthly Price

Total Monthly Price

Base Rent
$2,845
Total Monthly Price
$2,845
Built in 20223 Bedroom Apartments Available Jul 10

Valencia Isle

946 valencia isles drOrlando, FL 32825
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IMT Lake House
$2,022 - $2,622
Total Monthly Price

Total Monthly Price

Base Rent
$2,022 - $2,622
Total Monthly Price
Varies
Built in 20201 to 2 Bedroom Apartments Available Now

IMT Lake House

7600 Majorca PlOrlando, FL 32819
Eco-Friendly
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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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Cortland Nona
Rent Specials
$1,925 - $4,958
Total Monthly Price

Total Monthly Price

Base Rent
$1,925 - $4,958
Total Monthly Price
$1,925 - $4,958
Built in 20211 to 3 Bedroom Apartments Available Now

Cortland Nona

12035 Pioneers WayOrlando, FL 32832
Family Friendly
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The Yard at Ivanhoe
$1,897 - $4,034
Total Monthly Price

Total Monthly Price

Base Rent
$1,897 - $4,034
Total Monthly Price
Varies
Built in 20191 to 3 Bedroom Apartments Available Now

The Yard at Ivanhoe

1460 Alden RdOrlando, FL 32803
Outdoors
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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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V by Alta
Rent Specials
$1,823 - $3,263
Total Monthly Price

Total Monthly Price

Base Rent
$1,823 - $3,263
Total Monthly Price
Varies
Built in 2025Studio to 3 Bedroom Apartments Available Now

V by Alta

10149 Arise LpOrlando, FL 32837
Student Housing
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Paros Vineland
Rent Specials
$1,809 - $3,169
Total Monthly Price

Total Monthly Price

Base Rent
$1,809 - $3,169
Total Monthly Price
$1,809 - $3,169
Built in 20261 to 3 Bedroom Apartments Available Now

Paros Vineland

11115 South Beach CirOrlando, FL 32821
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Vida at Health Village
$1,787 - $9,515
Total Monthly Price

Total Monthly Price

Base Rent
$1,787 - $9,515
Total Monthly Price
Varies
Built in 2022Studio to 3 Bedroom Apartments Available Now

Vida at Health Village

2680 N Orange AveOrlando, FL 32804
Eco-Friendly
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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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Futura at Nona Cove
Rent Specials
$1,752 - $3,427
Total Monthly Price

Total Monthly Price

Base Rent
$1,752 - $3,427
Total Monthly Price
Varies
Built in 2024Studio to 3 Bedroom Apartments Available Now

Futura at Nona Cove

19465 Boggy Creek RdOrlando, FL 32832
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Inscribe Apartments
Rent Specials
$1,733 - $2,810
Total Monthly Price

Total Monthly Price

Base Rent
$1,733 - $2,810
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Varies
Built in 20231 to 3 Bedroom Apartments Available Now

Inscribe Apartments

110 Zora PlOrlando, FL 32810
Student Housing
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Lantower Grande Flats
Rent Specials
$1,730 - $2,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,730 - $2,940
Total Monthly Price
Varies
Built in 20181 to 3 Bedroom Apartments Available Now

Lantower Grande Flats

3512 Grande Reserve WayOrlando, FL 32837
Luxury
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Novel Nona
Rent Specials
$1,722 - $3,411
Total Monthly Price

Total Monthly Price

Base Rent
$1,722 - $3,411
Total Monthly Price
Varies
Built in 2023Studio to 3 Bedroom Apartments Available Now

Novel Nona

11929 Pioneers WayOrlando, FL 32832
Luxury
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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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Ridley on Main
Rent Specials
$1,701 - $3,365
Total Monthly Price

Total Monthly Price

Base Rent
$1,701 - $3,365
Total Monthly Price
Varies
Built in 2019Studio to 3 Bedroom Apartments Available Now

Ridley on Main

733 Main LnOrlando, FL 32801
Family Friendly
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Retreat at Nona Place
$1,692 - $5,666
Total Monthly Price

Total Monthly Price

Base Rent
$1,692 - $5,666
Total Monthly Price
$1,692 - $5,666
Built in 20181 to 3 Bedroom Apartments Available Now

Retreat at Nona Place

12855 Sunstone AveOrlando, FL 32832
Affordability
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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, FL Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Frequently Asked Questions about New Orlando Apartments

What is the Cheapest New apartment in Orlando?

Currently the most affordable New Apartment in Orlando is at Parramore Oaks Phase II listed at $580.

How much is the average rent for a New Orlando Apartment?

The average rent for a New Apartment in Orlando is $2,469.

What is the largest New Orlando Apartment for rent?

Today's New apartment with the most square footage in Orlando is a 5,800 square feet unit starting from $1,237 at Julian.

What is the average size for Orlando New Apartments for rent?

The average size for a New rental in Orlando is currently at 706 sq ft.

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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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.