Cheap Apartments for Rent in the Lake Eola Neighborhood of Orlando, FL from $1,100 (37 Rentals)

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

property at 55 W Church St

55 W Church St

OrlandoFL32801

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.

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.

property at 133 E Concord St

133 E Concord St

OrlandoFL32801
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Harwood Street
1 to 2 Bedroom Apartments

Harwood Street

714 E Harwood StOrlando, FL 32803
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55 W Church St
Studio to 3 Bedroom Apartments

55 W Church St

55 W Church StOrlando, FL 32801
Corporate Housing

The Soul of the City Beautiful: What Life in Orlando Is Really Like

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.

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101 S Eola Dr
1 to 2 Bedroom Apartments

101 S Eola Dr

101 S Eola DrOrlando, FL 32801
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150 E Robinson St
Studio to 3 Bedroom Apartments

150 E Robinson St

150 E Robinson StOrlando, FL 32801
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Camden Orange Court
Studio to 2 Bedroom Apartments

Camden Orange Court

668 N Orange AveOrlando, FL 32801
property at 155 S Court Ave

155 S Court Ave

OrlandoFL32801

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.

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 Aspire Orlando priced from $1,100. St. Regis Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,214. Here are the most affordable Lake Eola apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Aspire OrlandoOsceolaStudio,1BA$1,100
St. Regis Apartments1 Bedroom,1 Bathroom1BR,1BA$1,214
55 WESTThe SohoStudio,1BA$1,425
Skyhouse ApartmentsStudio 5Studio,1BA$1,473
Mondrian Lake EolaA7Studio,1BA$1,597
Paramount on Lake EolaDelano Classic1BR,1BA$1,615
Radius Orlando ApartmentsMeridianStudio,1BA$1,622
Central Station on OrangeA21BR,1BA$1,675

Best Value Apartments for Rent in Lake Eola, FL

As of December 05, 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 103 S Osceola Ave Model at 103 S Osceola Ave, Unit 1 starting at $1,600 with a $1.92 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.
322 E Central Blvd, Unit 1506322 E Central Blvd2BR,2BA$2.31
103 S Osceola Ave, Unit 1103 S Osceola Ave1BR,1BA$1.92
109 S Osceola Ave, Unit 4109 S Osceola Ave1BR,1BA$2.04
55 WESTThe Lexington1BR,1BA$2.75
MAA ParksideTraditional 1x1 714-760 SF1BR,1BA$2.54
Central Station on OrangeA21BR,1BA$2.42
Mondrian Lake EolaA5Studio ,1BA$2.73
Paramount on Lake EolaDelano Classic1BR,1BA$2.53
Aspire OrlandoOsceolaStudio ,1BA$1.97
St. Regis Apartments1 Bedroom,1 Bathroom1BR,1BA$2.73

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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Your 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

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Quick 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.

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Pet Friendly Lifestyle
Lake Eola, Orlando, FL

Ranked #148

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®

63 / 100

Good Transit

Many nearby public transportation options

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 $1,675.

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

The cheapest apartment in Lake Eola is St. Regis Apartments which is listed at $1,214, while the average apartment in Lake Eola costs $3,131.

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 101 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 $828 which is $2,303 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!