Cheap Apartments for Rent in the Lake Eola Neighborhood of Orlando, FL from $1,100 (30 Rentals)

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

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Harwood Street
1 to 2 Bedroom Apartments

Harwood Street

714 E Harwood StOrlando, FL 32803

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.

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property at 204 E South St

204 E South St

OrlandoFL32801
property at 202 E South St

202 E South St

OrlandoFL32801

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101 S Eola Dr
1 Bedroom Apartments

101 S Eola Dr

101 S Eola DrOrlando, FL 32801
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Lake Eola, Orlando, FL Local Guide

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 Central Station on Orange priced from $1,499. 55 WEST has the second lowest priced unit, which is a Studio apartment currently listed from $1,516. Here are the most affordable Lake Eola apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Central Station on OrangeS1Studio,1BA$1,499
55 WESTThe LucerneStudio,1BA$1,516
Radius Orlando ApartmentsMeridianStudio,1BA$1,599
MAA RobinsonTraditional A3 1x1 706 SF1BR,1BA$1,658
Mondrian Lake EolaA7Studio,1BA$1,719
MAA ParksideTraditional 1x2 883-996 SF1BR,2BA$1,805
CitiTower Residential UnitsJ21BR,1BA$1,855

Best Value Apartments for Rent in Lake Eola, FL

As of August 26, 2025 the best value apartment in the Lake Eola area is the $1.92 price per square foot Traditional 3x3 1364 SF Model at MAA Parkside in the in the Downtown Orlando neighborhood starting from $2,615. The second greatest value Lake Eola 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MAA ParksideTraditional 3x3 1364 SF3BR,3BA$1.92
1015 E Washington St, Unit Downstairs1015 E Washington St2BR,1BA$1.63
Aspire OrlandoGarland2BR,2BA$2.57
322 E Central Blvd, Unit 1506322 E Central Blvd2BR,2BA$2.31
Paramount on Lake EolaClevelander Deluxe1BR,1BA$2.44
103 S Osceola Ave, Unit 1103 S Osceola Ave1BR,1BA$2.16
109 S Osceola Ave, Unit 3109 S Osceola Ave1BR,1BA$2.16
55 WESTThe Lexington1BR,1BA$2.25
CitiTower Residential UnitsJ41BR,1BA$2.68
Radius Orlando ApartmentsMeridianStudio ,1BA$2.74

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lake Eola, Orlando, FL

Ranked #209

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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®

62 / 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 $1,855.

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

The cheapest apartment in Lake Eola is MAA Robinson which is listed at $1,658, while the average apartment in Lake Eola costs $3,250.

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 77 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 $849 which is $2,401 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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.