Cheap Homes for Rent in the Downtown Orlando Neighborhood of Orlando, FL from $500 (73 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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
property at 929 Pinedale Ave

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Now

929 Pinedale Ave

OrlandoFL32808

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.

Read Article
property at 5105 City St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Now

5105 City St, Unit 832

5105 City St
OrlandoFL32839

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 4010 Dolomite St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 2 Bath Condo for Rent

Available Now

4010 Dolomite St, Unit A-6

4010 Dolomite St
OrlandoFL32839

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.

Read Article

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

Read Article
property at 860 N Orange Ave

$1,300 - $1,975

Studio To 2 Bedroom Rentals

Available Now

860 N Orange Ave

OrlandoFL32801

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

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 City View priced from $929. Colonial Drive Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $965. Here are the most affordable Downtown Orlando apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
City View1 Bedroom 1 Bath Plan B Affordable1BR,1BA$929
Colonial Drive ApartmentsStudioStudio,1BA$965
2000 W Jackson St2 Beds, 1 Baths2BR,1BA$980
CelanoEola1BR,1BA$999
Primrose OrlandoUpgraded Unit1BR,1BA$1,000
Amelia CourtThe Minimalist1BR,1BA$1,050
Covenant on the Lakes Senior Apartments1x11BR,1BA$1,050
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1,059
Beacon at Creative VillageThe Skyline (b) - StudioStudio,1BA$1,099

Best Value Apartments for Rent in Downtown Orlando, FL

As of July 27, 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 3 Bed 2 Bath Model at Kara West starting at $1,480 with a $1.06 price per square foot in the Downtown Orlando 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
Kara West3 Bed 2 Bath3BR,2BA$1.06
Azalea GardensFloorplan 22BR,2BA$1.46
Landon Trace TownhomesThree Bedroom Townhome3BR,2.5BA$1.63
Dunwoodie Place Apartments3 Beds, 2 baths3BR,2BA$1.65
Palm Grove Apartments2x12BR,1BA$1.61
The Enclave at Canopy Park2 Bedroom 2 Bath2BR,2BA$1.61
52 at Park2 Bedroom2BR,2BA$1.57
Winford Place ApartmentsOne Bedroom One Bath Classic1BR,1BA$1.69
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1.55

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 Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

Frequently Asked Questions about Downtown Orlando

What type of rentals are currently available in Downtown Orlando?

There are currently 366 Apartments for Rent in Downtown Orlando, FL with pricing that ranges from $700 to $9,000. There are also 290 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Orlando ranging from $550 to $9,700.

What is the current price range for Rental Homes in Downtown Orlando?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Orlando ranges from $550 to $9,700 with an average monthly rent of $2,933.

How much are larger Three and Four Bedroom Rentals in Downtown Orlando?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Orlando range from $732 to $9,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $7,995. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $760.

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

decorative image for Where Orlando Locals Actually Live: A Renter's Guide to the Surrounding Cities article

Where Orlando Locals Actually Live: A Renter's Guide to the Surrounding Cities

Written by: Darla Ferrara

When people think of Orlando, FL, the iconic theme parks and buzz of downtown tend to steal the spotlight.

decorative image for The Soul of the City Beautiful: What Life in Orlando Is Really Like article

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.

decorative image for Unlock Your Orlando Commute: An Expert Guide to Ideal Neighborhoods Near Major Local Employers article

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.

decorative image for Your Guide to the Perfect Orlando Neighborhood for Student Renters article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.