
Cheap Apartments for Rent in the Central Business District Orlando, FL from $500 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Orlando.


522 Harwood St

City View

Richard Allen Gardens

812 W Livingston St

Total Monthly Price
Amelia Court

860 N Orange Ave, Unit 344, Unit 344

Total Monthly Price
Julian

Total Monthly Price
Lexington Court

320 Lakeview St, Unit 222, Unit 222
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Legacy Universal

320 Lakeview St, Unit 203, Unit 203

860 North Orange Avenue, Unit Studio, Unit Studio

Steelhouse Orlando

Total Monthly Price
Mondrian Lake Eola

621 W South St

517 S Hyer Ave

Lake Lucerne Towers

Central Station on Orange

616 Palmer St
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.

MAA Parkside

503 Chatham Ave

Radius Orlando Apartments

NORA Apartments

Aspire Orlando

643 Woodward St

19 Thornton Ave

Anderson Oaks

905 W Anderson St

Kinneret Apartments
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.

Delaney

St. Regis Apartments

Lake Eola Heights Broadway Marquee

Harwood Street

904 Randall St

616 Eola Dr

817 Bentley St

1219 Oregon St

300 S Orange Ave

55 WEST
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.

320 Lakeview St

823 Concord St

860 N Orange Ave

304 E South St

202 E South St

206 E South St

1020 Alba Dr

911 N Orange Ave

300 E South St

204 E South St
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.
Central Business District, Orlando, FL Local Guide

How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District Studio Apartments | $1,503 | $975 | $3,044 |
| Central Business District 1 Bedroom Apartments | $1,950 | $1,036 | $3,006 |
| Central Business District 2 Bedroom Apartments | $2,402 | $580 | $4,380 |
| Central Business District 3 Bedroom Apartments | $3,101 | $1,480 | $9,000 |
| Central Business District 4 Bedroom Apartments | $1,740 | $760 | $8,500 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Orlando, FL.
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Central Business District, Orlando, FL Local Guide
- Nearby Orlando neighborhoods
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Cheapest Available Central Business District Apartments for Rent
 The cheapest available apartment rental in the Central Business District area of Orlando, FL is a 1 Bed unit found at Delaney priced from $1,000. City View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,036. Here are the most affordable Central Business District apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Delaney | 1 x 1 FRONT | 1BR,1BA | $1,000 |
| City View | 1 Bedroom 1 Bath Plan B Affordable | 1BR,1BA | $1,036 |
| Amelia Court | The Minimalist | 1BR,1BA | $1,214 |
| Richard Allen Gardens | 1B-Mkt | 1BR,1BA | $1,325 |
| Julian | S1LL | Studio,1BA | $1,326 |
| Lexington Court | Eola | 1BR,1BA | $1,336 |
| Parramore Oaks Phase II | C3 | 3BR,2BA | $1,480 |
| 55 WEST | The Lucerne | Studio,1BA | $1,515 |
| Lake Lucerne Towers | 2BR/2.0BA | 2BR,2BA | $1,550 |
Best Value Apartments for Rent in Central Business District, FL
As of May 25, 2026 the best value apartment in the Central Business District area is the $1.78 price per square foot Atlas Model at Radius Orlando Apartments in the in the North Orange neighborhood starting from $3,511. The second greatest value Central Business District apartment is the The View Model at UnionWest starting at $1,500 with a $1.05 price per square foot in the North Orange neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Radius Orlando Apartments | Atlas | 2BR,2BA | $1.78 |
| UnionWest | The View | 4BR,4BA | $1.05 |
| Lake Lucerne Towers | 2BR/2.0BA | 2BR,2BA | $1.50 |
| Legacy Universal | Serenity | 1BR,1BA | $2.28 |
| 109 S Osceola Ave | 109 S Osceola Ave | 1BR,1BA | $2.16 |
| 55 WEST | The Lexington Skyloft | Studio ,1BA | $2.24 |
| Parramore Oaks Phase II | A1 | 1BR,1BA | $2.10 |
| Central Station on Orange | A2 | 1BR,1BA | $2.34 |
| City View | 1 Bedroom 1 Bath Plan A Market | 1BR,1BA | $2.24 |
| Delaney | 1 x 1 FRONT | 1BR,1BA | $2.00 |
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.
Read ArticleYour 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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleCentral Business District, Orlando, FL
Ranked #108
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers is happy to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States including Central Business District, Orlando, and the greater Orlando area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Central Business District Apartments
What is a cheap apartment in Central Business District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Business District is under $1,550.
What is the price of a cheap apartment in Central Business District?
The cheapest apartment in Central Business District is Delaney which is listed at $1,000, while the average apartment in Central Business District costs $2,514.
What types of apartments are the cheapest in Central Business District?
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 238 regular apartments in Central Business District 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 Central Business District?
Cheap apartments in Central Business District have an average cost of $1,062 which is $1,452 cheaper than the average rent for all rentals in Central Business District.
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

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.

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.

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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.