Cheap Apartments for Rent in the Downtown Orlando Neighborhood of Orlando, FL from $300 (161 Rentals)

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

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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Julian
Rent Specials
$1,213 - $2,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,213 - $2,595
Total Monthly Price
$1,213 - $2,595
Studio to 3 Bedroom Apartments Available Now

Julian

480 N Terry AveOrlando, FL 32801
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Amelia Court
$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
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Lexington Court
$1,269 - $2,059
Total Monthly Price

Total Monthly Price

Base Rent
$1,269 - $2,059
Total Monthly Price
$1,269 - $2,059
1 to 3 Bedroom Apartments Available Now

Lexington Court

315 W Concord StOrlando, FL 32801
Affordability
  • Verified
  • Utilities Included
  • Low Income

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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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 1 Bed unit found at Lakeshore at East Mil priced from $1,039. Boca Club has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,049. Here are the most affordable Downtown Orlando apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1,039
Boca Club2-50% HOME2BR,2BA$1,049
Parramore Oaks Phase IIA11BR,1BA$1,089
52 at Park1 Bedroom1BR,1BA$1,107
Winford Place ApartmentsOne Bedroom One Bath Classic1BR,1BA$1,160
Hillcrest Hampton HouseStudioStudio,1BA$1,200
Castilian ApartmentsOne Bedroom A1BR,1BA$1,206
JulianS1LLStudio,1BA$1,213
Amelia CourtThe Minimalist1BR,1BA$1,214

Best Value Apartments for Rent in Downtown Orlando, FL

As of April 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
1207 Groveland Ave, Unit Near Downtown Orlando1207 Groveland Ave2BR,1.5BA$1.23
Kara West2 Bed 1.5 Bath2BR,1.5BA$1.16
Landon Trace TownhomesThree Bedroom Townhome3BR,2.5BA$1.49
Dunwoodie Place Apartments3 Beds, 2 baths3BR,2BA$1.51
Palm Grove Apartments2x12BR,1BA$1.61
52 at Park1 Bedroom1BR,1BA$1.56
Parramore Oaks Phase IIA11BR,1BA$1.54
Winford Place ApartmentsOne Bedroom One Bath Classic1BR,1BA$1.66

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

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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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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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Pet Friendly Lifestyle
Downtown Orlando, Orlando, FL

Ranked #14

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 $1,214.

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

The cheapest apartment in Downtown Orlando is Lakeshore at East Mil which is listed at $1,039, while the average apartment in Downtown Orlando costs $6,522.

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 266 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 $670 which is $5,852 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.

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.