
Cheap Apartments for Rent in the Lake Eola Heights Neighborhood of Orlando, FL from $700 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Eola Heights area of Orlando.


2014 Newman St, Unit 1

2014 Newman St, Unit 1

City View

813-819 Irma Ave

Hillcrest Hampton House

Total Monthly Price
Lexington Court

320 Lakeview St, Unit 222

Skyhouse Orlando

Total Monthly Price
Mondrian Lake Eola
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.

860 North Orange Avenue, Unit Studio

Central Station on Orange

639 E Amelia St

639 E Amelia St

Steelhouse Orlando

637 Harwood St, Unit 7

Evergreen Mills 50

MAA Robinson

Aspire Orlando

MAA Parkside
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.

Radius Orlando Apartments

Paramount on Lake Eola

911 N Orange Ave, Unit 441

Azalea Gardens

Total Monthly Price
701 Palmer St, Unit 701 palmer st. Orlando florida

Total Monthly Price
703 Palmer St, Unit 2

NORA Apartments

109 S Osceola Ave

Anderson Oaks

Kinneret Apartments
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.

Delaney

407 Shine Ave

St. Regis Apartments

Lake Eola Heights Broadway Marquee

Harwood Street

1219 Oregon St

616 Eola Dr

55 WEST

1411 E Central Blvd

126 E Concord 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.

320 Lakeview St

860 N Orange Ave

202 E South St

206 E South St

911 N Orange Ave

Modera Creative Village

304 E South St

101 Eola Condominiums

300 E South St

The VUE at Lake Eola
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.
Lake Eola Heights, Orlando, FL Local Guide

How much does it cost to rent an apartment in Lake Eola Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Eola Heights Studio Apartments | $1,521 | $1,080 | $2,635 |
| Lake Eola Heights 1 Bedroom Apartments | $1,929 | $700 | $2,915 |
| Lake Eola Heights 2 Bedroom Apartments | $2,509 | $1,348 | $3,270 |
| Lake Eola Heights 3 Bedroom Apartments | $3,895 | $1,756 | $9,000 |
| Lake Eola Heights 4 Bedroom Apartments | $7,995 | $7,995 | $7,995 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 1 mile radius of the Lake Eola Heights Neighborhood of Orlando, FL.
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Lake Eola Heights, Orlando, FL Local Guide
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Cheapest Available Lake Eola Heights Apartments for Rent
 The cheapest available apartment rental in the Lake Eola Heights area of Orlando, FL is a 1 Bed unit found at Delaney priced from $1,000. St. Regis Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,130. Here are the most affordable Lake Eola Heights apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Delaney | 1 x 1 FRONT | 1BR,1BA | $1,000 |
| St. Regis Apartments | 0 Bedroom,1 Bathroom | Studio,1BA | $1,130 |
| Lexington Court | Eola | 1BR,1BA | $1,336 |
| City View | 2 Bedroom 2 Bath Plan A Affordable | 2BR,2BA | $1,348 |
| Skyhouse Orlando | Studio 1 | Studio,1BA | $1,408 |
| Central Station on Orange | S1 | Studio,1BA | $1,470 |
| 55 WEST | The Lucerne | Studio,1BA | $1,496 |
| Modera Creative Village | S04 | Studio,1BA | $1,514 |
| Steelhouse Orlando | A4 | 1BR,1BA | $1,545 |
Best Value Apartments for Rent in Lake Eola Heights, FL
As of July 03, 2026 the best value apartment in the Lake Eola Heights area is the $2.23 price per square foot Floor Plan H Model at Highland at Park Lake in the in the North Orange neighborhood starting from $5,300. The second greatest value Lake Eola Heights apartment is the 509 E Church St Model at 509 E Church St, Unit #1 starting at $3,000 with a $1.76 price per square foot in the Downtown Orlando neighborhood. Here is today’s list of the best values for Lake Eola Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highland at Park Lake | Floor Plan H | 3BR,3.5BA | $2.23 |
| 509 E Church St, Unit #1 | 509 E Church St | 2BR,1BA | $1.76 |
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1.46 |
| 103 S Osceola Ave, Unit 1 | 103 S Osceola Ave | 1BR,1BA | $2.28 |
| 109 S Osceola Ave | 109 S Osceola Ave | 1BR,1BA | $2.16 |
| Steelhouse Orlando | A4 | 1BR,1BA | $2.39 |
| City View | 1 Bedroom 1 Bath Plan A Market | 1BR,1BA | $2.24 |
| Lexington Court | Olive | 1BR,2BA | $2.44 |
| Skyhouse Orlando | Studio 1 | Studio ,1BA | $2.54 |
| 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 LifestyleLake Eola Heights, Orlando, FL
Ranked #136
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Orlando. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Lake Eola Heights Apartments
What is a cheap apartment in Lake Eola Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Eola Heights is under $1,545.
What is the price of a cheap apartment in Lake Eola Heights?
The cheapest apartment in Lake Eola Heights is Delaney which is listed at $1,000, while the average apartment in Lake Eola Heights costs $7,995.
What types of apartments are the cheapest in Lake Eola Heights?
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 128 regular apartments in Lake Eola Heights 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 Eola Heights?
Cheap apartments in Lake Eola Heights have an average cost of $693 which is $7,302 cheaper than the average rent for all rentals in Lake Eola Heights.
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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.