Cheap Apartments for Rent in the Downtown Orlando Neighborhood of Orlando, FL from $400 (155 Rentals)

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

property at 1501 20th St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Now

1501 20th St

OrlandoFL32805

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.

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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.

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Julian
Rent Specials
$1,203 - $2,544
Total Monthly Price

Total Monthly Price

Base Rent
$1,203 - $2,544
Total Monthly Price
$1,203 - $2,544
Studio to 3 Bedroom Apartments Available Now

Julian

480 N Terry AveOrlando, FL 32801
Student Housing
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Amelia Court
Rent Specials
$1,214 - $2,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,214 - $2,475
Total Monthly Price
$1,214 - $2,475
1 to 3 Bedroom Apartments Available Now

Amelia Court

659 W Amelia StOrlando, FL 32801
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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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Lexington Court
$1,377 - $2,059
Total Monthly Price

Total Monthly Price

Base Rent
$1,377 - $2,059
Total Monthly Price
$1,377 - $2,059
1 to 3 Bedroom Apartments Available Now

Lexington Court

315 W Concord StOrlando, FL 32801
Affordability
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  • Utilities Included
  • Low Income
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Belmont
Rent Specials
$1,378 - $2,292
Total Monthly Price

Total Monthly Price

Base Rent
$1,378 - $2,292
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Belmont

5009 Park Central DrOrlando, FL 32839
Active Lifestyle
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Mondrian Lake Eola
Rent Specials
$1,434 - $3,172
Total Monthly Price

Total Monthly Price

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$1,434 - $3,172
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Mondrian Lake Eola

125 E Pine StOrlando, FL 32801
Affordability
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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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Lofts at SoDo
Rent Specials
$1,492 - $4,102
Total Monthly Price

Total Monthly Price

Base Rent
$1,492 - $4,102
Total Monthly Price
$1,492 - $4,102
Studio to 3 Bedroom Apartments Available Now

Lofts at SoDo

100 W Grant StOrlando, FL 32806
Furnished
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Where Orlando Locals Actually Live: A Renter's Guide to the Surrounding Cities

Why fight Orlando's tourist traffic when you don't have to? Explore the best cities surrounding Orlando for renters, with expert tips on commuting, lifestyle, hidden costs, and where to find the most value.

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Downtown Orlando, Orlando, FL Local Guide

Cheapest Available Downtown Orlando Apartments for Rent

 

The cheapest available apartment rental in the Downtown Orlando area of Orlando, FL is a 2 Beds unit found at Parramore Oaks Phase II priced from $904. City View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $929. Here are the most affordable Downtown Orlando apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Parramore Oaks Phase IIB32BR,2BA$904
City View1 Bedroom 1 Bath Plan B Affordable1BR,1BA$929
Colonial Drive ApartmentsStudioStudio,1BA$965
CelanoEola1BR,1BA$999
Primrose OrlandoUpgraded Unit1BR,1BA$1,000
Covenant on the Lakes Senior Apartments1x11BR,1BA$1,050
2000 W Jackson St2 Beds, 1 Baths2BR,1BA$1,050
St. Regis Apartments0 Bedroom,1 BathroomStudio,1BA$1,110
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1,129

Best Value Apartments for Rent in Downtown Orlando, FL

As of July 11, 2026 the best value apartment in the Downtown Orlando area is the $1.05 price per square foot The View Model at UnionWest in the in the North Orange neighborhood starting from $1,500. The second greatest value Downtown Orlando apartment is the Floorplan 2 Model at Azalea Gardens starting at $1,750 with a $1.46 price per square foot in the North Orange neighborhood. Here is today’s list of the best values for Downtown Orlando apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
UnionWestThe View4BR,4BA$1.05
Azalea GardensFloorplan 22BR,2BA$1.46
Kara West2 Bed 1.5 Bath2BR,1.5BA$1.16
Lake Lucerne Towers2BR/2.0BA2BR,2BA$1.50
Landon Trace TownhomesThree Bedroom Townhome3BR,2.5BA$1.63
Dunwoodie Place Apartments3 Beds, 2 baths3BR,2BA$1.51
Palm Grove Apartments2x12BR,1BA$1.61
The Enclave at Canopy Park2 Bedroom 2 Bath2BR,2BA$1.61
52 at Park2 Bedroom2BR,2BA$1.57
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1.65

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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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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Real 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.

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Pet Friendly Lifestyle
Downtown Orlando, Orlando, FL

Ranked #12

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States, including Orlando. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, places to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Orlando Apartments

What is a cheap apartment in Downtown Orlando?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Orlando is under $1,129.

What is the price of a cheap apartment in Downtown Orlando?

The cheapest apartment in Downtown Orlando is City View which is listed at $839, while the average apartment in Downtown Orlando costs $6,511.

What types of apartments are the cheapest in Downtown 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 199 regular apartments in Downtown 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 Downtown Orlando?

Cheap apartments in Downtown Orlando have an average cost of $598 which is $5,913 cheaper than the average rent for all rentals in Downtown Orlando.

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.

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