Cheap Apartments for Rent in the Lake Davis Neighborhood of Orlando, FL from $400 (27 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Showing Results 1-27, Page 1 of 1

Lake Davis, Orlando, FL Local Guide

Cheapest Available Lake Davis Apartments for Rent

 

The cheapest available apartment rental in the Lake Davis area of Orlando, FL is a Studio unit found at Magnolia Apartments priced from $1,054. Richard Allen Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,079. Here are the most affordable Lake Davis apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Magnolia ApartmentsStudioStudio,1BA$1,054
Richard Allen Gardens2B-H502BR,1BA$1,079
Aspire OrlandoOsceolaStudio,1BA$1,100
The Cornerstone ApartmentsElm1BR,1BA$1,154
Sands Orlando1 Bedroom 1A1BR,1BA$1,161
Amelia CourtThe Minimalist1BR,1BA$1,214
Woodlake VillasStudioStudio,1BA$1,251
Lexington CourtOlive1BR,2BA$1,269
Hillcrest Hampton HouseStudioStudio,1BA$1,275
Dover GardensDG-SM1BR-1BA1BR,1BA$1,275

Best Value Apartments for Rent in Lake Davis, FL

As of December 05, 2025 the best value apartment in the Lake Davis area is the $1.69 price per square foot Floorplan 3 Model at Azalea Gardens in the in the North Orange neighborhood starting from $2,025. The second greatest value Lake Davis apartment is the 2x2 Apt Model at UnionWest starting at $1,600 with a $1.38 price per square foot in the North Orange neighborhood. Here is today’s list of the best values for Lake Davis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Azalea GardensFloorplan 32BR,2BA$1.69
UnionWest2x2 Apt2BR,2BA$1.38
The Cornerstone ApartmentsBanyan2BR,2BA$1.99
109 S Osceola Ave, Unit 4109 S Osceola Ave1BR,1BA$2.04
City View1 Bedroom 1 Bath Plan B Market1BR,1BA$1.88
Lake Lucerne Towers1 Bedroom1BR,1BA$1.82
Bridgewater by Trion Living1 Bedroom1BR,1BA$1.80
Lofts at SoDoSodoStudio ,1BA$2.11
Skye at ConwayA21BR,1BA$2.15
Aspire OrlandoOsceolaStudio ,1BA$1.97

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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Pet Friendly Lifestyle
Lake Davis, Orlando, FL

Ranked #28

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Lake Davis Neighborhood in Orlando, FL

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake Davis Apartments

What is a cheap apartment in Lake Davis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Davis is under $1,275.

What is the price of a cheap apartment in Lake Davis?

The cheapest apartment in Lake Davis is The Cornerstone Apartments which is listed at $1,154, while the average apartment in Lake Davis costs $2,505.

What types of apartments are the cheapest in Lake Davis?

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 177 regular apartments in Lake Davis 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 Lake Davis?

Cheap apartments in Lake Davis have an average cost of $672 which is $1,833 cheaper than the average rent for all rentals in Lake Davis.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!