Cheap Apartments for Rent in the Lake Richmond Neighborhood of Orlando, FL from $500 (112 Rentals)

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

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The Grove at Millenia
$1,045 - $1,710
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,710
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Grove at Millenia

4701 Walden CirOrlando, FL 32811
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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The Fitzgerald
$1,360 - $2,091
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $2,091
Total Monthly Price
$1,360 - $2,091
1 to 3 Bedroom Apartments Available Now

The Fitzgerald

4581 S Kirkman RdOrlando, FL 32811
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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

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property at 4357 Aqua Vista Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

4357 Aqua Vista Dr, Unit 1

4357 Aqua Vista Dr
OrlandoFL32839

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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Westbrook
1 to 3 Bedroom Apartments

Westbrook

4932 Eaglesmere DrOrlando, FL 32819
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Coconut Palms
Studio to 2 Bedroom Apartments

Coconut Palms

4618 Middlebrook RdOrlando, FL 32811
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Studio Parc
1 Bedroom Apartments

Studio Parc

4601 S Kirkman RdOrlando, FL 32811
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Amalfi
1 to 2 Bedroom Apartments

Amalfi

4860 Cypress Woods DrOrlando, FL 32811

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Lake Richmond, Orlando, FL Local Guide

Cheapest Available Lake Richmond Apartments for Rent

 

The cheapest available apartment rental in the Lake Richmond area of Orlando, FL is a Studio unit found at Green Gables priced from $838. The Grove at Millenia has the second lowest priced unit, which is a Studio apartment currently listed from $1,045. Here are the most affordable Lake Richmond apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Green GablesStudioStudio,1BA$838
The Grove at MilleniaS1 StandardStudio,1BA$1,045
Boca Club1-80% HOME1BR,1BA$1,067
Coconut PalmsSilver SpringsStudio,1BA$1,099
Avalyn West2 Bedroom 1 Bath2BR,1BA$1,134
AmalfiSiesta Key1BR,1BA$1,149
Studio ParcThe Conroy1BR,1BA$1,149
Bella CapriMarina Grande1BR,1BA$1,199
West Winds ApartmentsCity Breeze1BR,1BA$1,215
RivaGondola1BR,1BA$1,229

Best Value Apartments for Rent in Lake Richmond, FL

As of May 31, 2026 the best value apartment in the Lake Richmond area is the $1.57 price per square foot Newcastle Model at Manor Row in the in the Millenia neighborhood starting from $1,912. The second greatest value Lake Richmond apartment is the 3x2 Model at Timber Sound 1 starting at $1,507 with a $1.32 price per square foot in the Timberleaf neighborhood. Here is today’s list of the best values for Lake Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Manor RowNewcastle2BR,2BA$1.57
Timber Sound 13x23BR,2BA$1.32
Halston Park CentralB12BR,2BA$1.54
Bella VitaDorado3BR,2BA$1.77
1801 MetrowestB12BR,2BA$1.58
Bella CasaMillenia2BR,1.5BA$1.61
The Palms Club OrlandoMagnolia1BR,1BA$1.77
Grand Reserve At Kirkman ParkeDegas1BR,1BA$1.73
Avalyn West2 Bedroom 1 Bath2BR,1BA$1.47
RivaOptimist1BR,1BA$1.77

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Lake Richmond, Orlando, FL

Ranked #101

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Florida and customized analysis for Orlando, Florida. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lake Richmond Apartments

What is a cheap apartment in Lake Richmond?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Richmond is under $1,229.

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

The cheapest apartment in Lake Richmond is Boca Club which is listed at $1,067, while the average apartment in Lake Richmond costs $2,397.

What types of apartments are the cheapest in Lake Richmond?

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 7 regular apartments in Lake Richmond 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 Richmond?

Cheap apartments in Lake Richmond have an average cost of $301 which is $2,096 cheaper than the average rent for all rentals in Lake Richmond.

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.

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An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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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.

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Articles, How-To's, and Tips

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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