
Cheap Apartments for Rent in the Greenwood Neighborhood of Orlando, FL from $800 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Orlando.


2014 Newman St, Unit 1

2014 Newman St, Unit 1

2301 Carlton Dr

2301 Carlton Dr

Legacy Universal

Total Monthly Price
Mondrian Lake Eola

96 Columbia St
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.

517 S Hyer Ave

Lake Lucerne Towers

516 E Esther St, Unit A

94 Columbia St

616 Palmer St

MAA Parkside

Total Monthly Price
Ridley on Main

2014 Newman 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.

Lake Davis

Anderson Oaks

Kinneret Apartments

Delaney Court Apartments

Cloverdale Apartments

Delaney

St. Regis Apartments

1208 Francis Ave
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.

1523 Catherine St

1411 E Central Blvd

55 WEST

1802 Lucerne Ter

2315 E Kaley Ave

202 E South St

Park Plaza Apartments

304 E South St
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.

206 E South St

The Milk Stacks: Boutique Luxury Living in Downtown Orlando's Milk District

1515 Catherine St

300 E South St

126-132 E Harding St

204 E South St

101 Eola Condominiums

138 America St
The Soul of the City Beautiful: What Life in Orlando Is Really Like
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138 America St, Unit 38, Unit 38

The Garden Apartments | 1 & 2 Bedroom Apartments in Orlando, FL

The Garden Apartments

The VUE at Lake Eola
Greenwood, Orlando, FL Local Guide

How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood Studio Apartments | $1,728 | $1,459 | $2,403 |
| Greenwood 1 Bedroom Apartments | $1,929 | $800 | $2,498 |
| Greenwood 2 Bedroom Apartments | $2,404 | $1,475 | $3,298 |
| Greenwood 3 Bedroom Apartments | $3,995 | $2,765 | $9,000 |
| Greenwood 4 Bedroom Apartments | $8,500 | $8,500 | $8,500 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 1 mile radius of the Greenwood Neighborhood of Orlando, FL.
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Greenwood, Orlando, FL Local Guide
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Cheapest Available Greenwood Apartments for Rent
 The cheapest available apartment rental in the Greenwood area of Orlando, FL is a 1 Bed unit found at Delaney priced from $1,000. 55 WEST has the second lowest priced unit, which is a Studio apartment currently listed from $1,515. Here are the most affordable Greenwood apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Delaney | 1 x 1 FRONT | 1BR,1BA | $1,000 |
| 55 WEST | The Lucerne | Studio,1BA | $1,515 |
| Lake Lucerne Towers | 2BR/2.0BA | 2BR,2BA | $1,550 |
| MAA Parkside | Studio 0x1 501-504 SF | Studio,1BA | $1,552 |
| Aspire Orlando | Osceola | Studio,1BA | $1,630 |
| Ridley on Main | A3 | 1BR,1BA | $1,692 |
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1,750 |
| Mondrian Lake Eola | A7 | Studio,1BA | $1,755 |
Best Value Apartments for Rent in Greenwood, FL
As of May 21, 2026 the best value apartment in the Greenwood area is the $1.46 price per square foot Floorplan 2 Model at Azalea Gardens in the in the North Orange neighborhood starting from $1,750. The second greatest value Greenwood apartment is the 2BR/2.0BA Model at Lake Lucerne Towers starting at $1,550 with a $1.50 price per square foot in the Downtown Orlando neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1.46 |
| 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 |
| The Milk Stacks: Boutique Luxury Living in Downtown Orlando's Milk District | A1 | 2BR,2BA | $2.36 |
| 29 N Lawsona Blvd, Unit lawsona | 29 N Lawsona Blvd | 1BR,1BA | $2.37 |
| 55 WEST | The Lexington | 1BR,1BA | $2.33 |
| Mondrian Lake Eola | A1 | 1BR,1BA | $2.62 |
| Ridley on Main | A3 | 1BR,1BA | $2.51 |
| 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 LifestyleGreenwood, Orlando, FL
Ranked #153
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Greenwood Apartments
What is the Cheapest Studio apartment in Greenwood?
Currently the most affordable Cheap Studio Apartment in Greenwood is at 55 WEST listed at $1,515.
How much is rent for a Cheap One Bedroom Greenwood Apartment?
The lowest price for a Cheap One Bedroom Greenwood Apartment is $1,000 at Delaney.
What is the lowest price for a Cheap Two Bedroom Greenwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Greenwood is starting from $1,550 at Lake Lucerne Towers.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Legacy Universal and starts from $2,765.
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
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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.