Cheap Homes for Rent in Lake Eola Heights Neighborhood of Orlando, FL from $1,500 (27 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Eola Heights area of Orlando.

property at 304 E South St

304 E South St

OrlandoFL32801

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.

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property at 204 E South St

204 E South St

OrlandoFL32801

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Lake Eola Heights, Orlando, FL Local Guide

Cheapest Available Lake Eola Heights Apartments for Rent

 

The cheapest available apartment rental in the Lake Eola Heights area of Orlando, FL is a Studio unit found at Hillcrest Hampton House priced from $1,125. Lexington Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,272. Here are the most affordable Lake Eola Heights apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Hillcrest Hampton HouseStudioStudio,1BA$1,125
Lexington CourtOlive1BR,2BA$1,272
55 WESTThe SohoStudio,1BA$1,511
SteelhouseA51BR,1BA$1,514
Modera Creative VillageS01Studio,1BA$1,583
Skyhouse ApartmentsStudio 5Studio,1BA$1,585
Mondrian Lake EolaA7Studio,1BA$1,654
Azalea GardensFloorplan 22BR,2BA$1,750
RadiusLegend1BR,1BA$1,824

Best Value Apartments for Rent in Lake Eola Heights, FL

As of July 25, 2025 the best value apartment in the Lake Eola Heights area is the $2.41 price per square foot Floor Plan G Model at Highland at Park Lake in the in the North Orange neighborhood starting from $5,500. The second greatest value Lake Eola Heights apartment is the 1015 E Washington St Model at 1015 E Washington St, Unit Downstairs starting at $1,975 with a $1.63 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Highland at Park LakeFloor Plan G3BR,3.5BA$2.41
1015 E Washington St, Unit Downstairs1015 E Washington St2BR,1BA$1.63
Azalea GardensFloorplan 22BR,2BA$1.46
City View3 Bedroom 2 Bath Plan A Market3BR,2BA$1.74
322 E Central Blvd, Unit apt 911322 E Central Blvd2BR,2BA$2.07
322 E Central Blvd, Unit 1506322 E Central Blvd2BR,2BA$2.31
MAA ParksideTraditional 2x2 1011-1071 SF2BR,2BA$2.25
Central Station on OrangeA91BR,1BA$2.17
Paramount on Lake EolaClevelander Deluxe1BR,1BA$2.37
Lexington CourtOlive1BR,2BA$2.25

Quick Rent Budget Calculator

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Frequently Asked Questions about Lake Eola Heights

What type of rentals are currently available in Lake Eola Heights?

There are currently 121 Apartments for Rent in Lake Eola Heights, FL with pricing that ranges from $1,125 to $7,635. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Eola Heights ranging from $1,490 to $5,995.

What is the current price range for Rental Homes in Lake Eola Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Eola Heights ranges from $1,490 to $5,995 with an average monthly rent of $2,856.

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.

decorative image for An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.