
Cheap Homes for Rent in Lake Eola Neighborhood of Orlando, FL from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Eola area of Orlando.


202 E South St, Unit 4049, Unit 4049

150 E Robinson St

204 E South St

202 E South St
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.

206 E South St

322 E Central Blvd

613 E Ridgewood St

18 N Brown Ave

412 Harwood St, Unit 4
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.
Lake Eola, Orlando, FL Local Guide

How much does it cost to rent a home in Lake Eola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Eola 2 Bedroom Homes for Rent | $2,599 | $1,799 | $3,995 |
| Lake Eola 3 Bedroom Homes for Rent | $4,079 | $3,000 | $7,500 |
| Lake Eola 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Lake Eola Neighborhood of Orlando, FL.
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Lake Eola, Orlando, FL Local Guide
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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 St. Regis Apartments priced from $1,110. MAA Parkside has the second lowest priced unit, which is a Studio apartment currently listed from $1,474. Here are the most affordable Lake Eola apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| St. Regis Apartments | 0 Bedroom,1 Bathroom | Studio,1BA | $1,110 |
| MAA Parkside | Studio 0x1 501-504 SF | Studio,1BA | $1,474 |
| Central Station on Orange | S1 | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Lake Eola, FL
As of April 29, 2026 the best value apartment in the Lake Eola area is the $1.71 price per square foot 509 E Church St Model at 509 E Church St, Unit #1 in the in the Downtown Orlando neighborhood starting from $2,900. The second greatest value Lake Eola apartment is the 322 E Central Blvd Model at 322 E Central Blvd, Unit apt 911 starting at $2,400 with a $2.07 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. |
|---|---|---|---|
| 509 E Church St, Unit #1 | 509 E Church St | 2BR,1BA | $1.71 |
| 322 E Central Blvd, Unit apt 911 | 322 E Central Blvd | 2BR,2BA | $2.07 |
| 322 E Central Blvd, Unit 1506 | 322 E Central Blvd | 2BR,2BA | $2.31 |
| Mondrian Lake Eola | B1 | 2BR,2BA | $2.71 |
| 109 S Osceola Ave | 109 S Osceola Ave | 1BR,1BA | $2.16 |
| 55 WEST | The Lexington | 1BR,1BA | $2.42 |
| CitiTower | J4 | 1BR,1BA | $2.67 |
| Aspire Orlando | Osceola | Studio ,1BA | $2.92 |
| Central Station on Orange | S1 | Studio ,1BA | $2.82 |
| MAA Parkside | Studio 0x1 501-504 SF | Studio ,1BA | $2.92 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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.
Read ArticleThe 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.
Read ArticleCash 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.
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 #145
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Lake Eola
What type of rentals are currently available in Lake Eola?
There are currently 80 Apartments for Rent in Lake Eola, FL with pricing that ranges from $1,100 to $9,000. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Eola ranging from $1,350 to $7,500.
What is the current price range for Rental Homes in Lake Eola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Eola ranges from $1,350 to $7,500 with an average monthly rent of $2,942.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.