
Cheap Apartments for Rent in the Lake Eola Heights Neighborhood of Orlando, FL from $800 (64 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

522 Harwood St

Hillcrest Hampton House

860 N Orange Ave, Unit 344, Unit 344

Total Monthly Price
Lexington Court

320 Lakeview St, Unit 222, Unit 222

Total Monthly Price
416 N Summerlin Ave, Unit 416 N. Summerlin Ave., Unit 416 N. Summerlin Ave.
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.

Legacy Universal

Steelhouse Orlando

860 North Orange Avenue, Unit Studio, Unit Studio

320 Lakeview St, Unit 203, Unit 203

Total Monthly Price
Mondrian Lake Eola

Central Station on Orange

MAA Robinson

503 Chatham Ave

MAA Parkside

NORA Apartments
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.

2014 Newman St

Evergreen Mills 50

Aspire Orlando

643 Woodward St

Radius Orlando Apartments

19 Thornton Ave

Modera Creative Village

Azalea Gardens

412 Harwood St, Unit 4

412 Harwood St, Unit 2
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.

CitiTower

Total Monthly Price
29 N Lawsona Blvd, Unit lawsona, Unit lawsona

860 N Orange Ave, Unit 268, Unit 268

480 N Orange Ave, Unit 415

515.5 Daniels Ave

Anderson Oaks

Kinneret Apartments

Delaney

St. Regis Apartments

Lake Eola Heights Broadway Marquee
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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.

Harwood Street

1219 Oregon St

616 Eola Dr

1411 E Central Blvd

55 WEST

320 Lakeview St

202 E South St

304 E South St

860 N Orange Ave

206 E South St
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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.
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 | $1,561 | $975 | $3,044 |
| Lake Eola Heights 1 Bedroom Apartments | $1,945 | $800 | $2,949 |
| Lake Eola Heights 2 Bedroom Apartments | $2,485 | $982 | $4,357 |
| Lake Eola Heights 3 Bedroom Apartments | $3,911 | $1,756 | $9,000 |
| Lake Eola Heights 4 Bedroom Apartments | $8,500 | $8,500 | $8,500 |
Browse Apartments in this Neighborhood
There are currently 64 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
- Nearby Orlando neighborhoods
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- Local Counties
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 City View priced from $839. Delaney has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Lake Eola Heights apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City View | 1 Bedroom 1 Bath Plan A Affordable | 1BR,1BA | $839 |
| Delaney | 1 x 1 FRONT | 1BR,1BA | $1,000 |
| St. Regis Apartments | 0 Bedroom,1 Bathroom | Studio,1BA | $1,130 |
| Hillcrest Hampton House | Studio | Studio,1BA | $1,200 |
| Lexington Court | Eola | 1BR,1BA | $1,336 |
| Steelhouse Orlando | A4 | 1BR,1BA | $1,510 |
| 55 WEST | The Lucerne | Studio,1BA | $1,515 |
| Mondrian Lake Eola | A7 | Studio,1BA | $1,571 |
Best Value Apartments for Rent in Lake Eola Heights, FL
As of May 19, 2026 the best value apartment in the Lake Eola Heights area is the $1.76 price per square foot Atlas Model at Radius Orlando Apartments in the in the North Orange neighborhood starting from $3,473. The second greatest value Lake Eola Heights 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 Lake Eola Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Radius Orlando Apartments | Atlas | 2BR,2BA | $1.76 |
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1.46 |
| Legacy Universal | Serenity | 1BR,1BA | $2.28 |
| 29 N Lawsona Blvd, Unit lawsona | 29 N Lawsona Blvd | 1BR,1BA | $2.37 |
| 55 WEST | The Lexington | 1BR,1BA | $2.33 |
| Central Station on Orange | A2 | 1BR,1BA | $2.34 |
| Steelhouse Orlando | A4 | 1BR,1BA | $2.33 |
| City View | 1 Bedroom 1 Bath Plan A Market | 1BR,1BA | $2.24 |
| 416 N Summerlin Ave, Unit 416 N. Summerlin Ave. | 416 N Summerlin Ave | 1BR,1BA | $2.30 |
| 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 #99
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $1,571.
What is the price of a cheap apartment in Lake Eola Heights?
The cheapest apartment in Lake Eola Heights is City View which is listed at $839, while the average apartment in Lake Eola Heights costs $8,500.
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 195 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 $810 which is $7,690 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

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
Written by: Lauren Harrington
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.