
Cheap Apartments for Rent in the Lake Eola Neighborhood of Orlando, FL from $1,000 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Eola area of Orlando.


Skyhouse Apartments

151 E Washington St, Unit 326

500 E Amelia St

Central Station on Orange

202 E South St, Unit #2020

229 S Summerlin Ave
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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.

231 S Summerlin Ave

55 W Church St

Radius Orlando Apartments

304 E South St

304 E South St, Unit 5026

Aspire Orlando

Paramount on Lake Eola

MAA Parkside
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MAA Robinson

1103 E South St, Unit 1103

516 E Anderson St

109 James Ave

1230 E Concord St
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151 E Washington St

206 E South St

202 E South St

607 Harwood St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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322 E Central Blvd
Lake Eola, Orlando, FL Local Guide

How much does it cost to rent an apartment in Lake Eola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Eola Studio Apartments | $1,531 | $1,095 | $2,520 |
| Lake Eola 1 Bedroom Apartments | $1,962 | $1,289 | $2,795 |
| Lake Eola 2 Bedroom Apartments | $2,635 | $1,541 | $3,400 |
| Lake Eola 3 Bedroom Apartments | $3,292 | $2,435 | $5,635 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Lake Eola Neighborhood of Orlando, FL.
See all Apartments in OrlandoExplore Orlando
Lake Eola, Orlando, FL Local Guide
- Nearby Orlando neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Lake Eola Apartments for Rent
 The cheapest available apartment rental in the Lake Eola area of Orlando, FL is a Studio unit found at 55 WEST priced from $1,375. Skyhouse Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,439. Here are the most affordable Lake Eola apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 55 WEST | The Soho | Studio,1BA | $1,375 |
| Skyhouse Apartments | Studio 1 | Studio,1BA | $1,439 |
| Central Station on Orange | S1 | Studio,1BA | $1,510 |
| Mondrian Lake Eola | A7 | Studio,1BA | $1,524 |
| Radius Orlando Apartments | Meridian | Studio,1BA | $1,609 |
| Aspire Orlando | Osceola | Studio,1BA | $1,650 |
| Paramount on Lake Eola | Delano Classic | 1BR,1BA | $1,700 |
| MAA Parkside | Traditional 1x1 714-760 SF | 1BR,1BA | $1,760 |
| Society Orlando | 1 Bed - A3 | 1BR,1BA | $1,775 |
Best Value Apartments for Rent in Lake Eola, FL
As of November 14, 2025 the best value apartment in the Lake Eola area is the $2.31 price per square foot 322 E Central Blvd Model at 322 E Central Blvd, Unit 1506 in the in the Downtown Orlando neighborhood starting from $2,650. The second greatest value Lake Eola apartment is the A1 Model at CitiTower Residential Units starting at $2,284 with a $2.94 price per square foot in the Downtown Orlando neighborhood. Here is today’s list of the best values for Lake Eola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 322 E Central Blvd, Unit 1506 | 322 E Central Blvd | 2BR,2BA | $2.31 |
| CitiTower Residential Units | A1 | 1BR,1BA | $2.94 |
| 55 WEST | The Lexington | 1BR,1BA | $2.77 |
| Skyhouse Apartments | 1x1 13 | 1BR,1BA | $2.78 |
| MAA Parkside | Traditional 1x1 714-760 SF | 1BR,1BA | $2.37 |
| Mondrian Lake Eola | A5 | Studio ,1BA | $2.77 |
| Paramount on Lake Eola | Delano Classic | 1BR,1BA | $2.66 |
| Radius Orlando Apartments | Meridian | Studio ,1BA | $2.76 |
| Central Station on Orange | S1 | Studio ,1BA | $2.84 |
| 516 Cathcart Ave, Unit B | 516 Cathcart Ave | Studio ,1BA | $2.85 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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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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 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, Orlando, FL
Ranked #146
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Lake Eola Neighborhood in Orlando, FL
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
84 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
63 / 100
Good Transit
Many 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 Eola Apartments
What is a cheap apartment in Lake Eola?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Eola is under $1,775.
What is the price of a cheap apartment in Lake Eola?
The cheapest apartment in Lake Eola is Mondrian Lake Eola which is listed at $1,649, while the average apartment in Lake Eola costs $3,151.
What types of apartments are the cheapest in Lake Eola?
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 107 regular apartments in Lake Eola 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?
Cheap apartments in Lake Eola have an average cost of $840 which is $2,311 cheaper than the average rent for all rentals in Lake Eola.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.







