
Cheap Apartments for Rent in the Lake Underhill Neighborhood of Orlando, FL from $400 (132 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Underhill area of Orlando.


5530 Old Cheney Hwy, Unit Apartment 3

5530 Old Cheney Hwy, Unit 2

1815 Larkin Ave

2008 Page Ave

1406 Conway Rd

1406 Conway Rd

3120 Peel Ave

3120 Peel Ave

1815 Larkin Ave
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.

3120 Peel Ave

2014 Newman St, Unit 1

2014 Newman St, Unit 1

2014 Newman St, Unit 1

2008 Page Ave

2008 Page Ave

2721 Raeford Rd

El Dorado Senior Apartments 55 or Over

4510 Cranston Pl, Unit 1-222

1815 Larkin Ave
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.

1406 Conway Rd

4789 S St Brides Cir

2721 Raeford Rd

The Cornerstone Apartments

Total Monthly Price
819 Pablo Ln, Unit 817 Pa, Unit 817 Pa

5119 Curry Ford Rd

4061 E Michigan St, Unit 4061, Unit 4061

Magnolia Apartments

Goldelm at Salerno

Woodlake Villas
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.

Total Monthly Price
Sands Orlando

Hillcrest Hampton House

Shoreview at Baldwin Park

5550 E Michigan St, Unit 1108, Unit 1108

Primrose Orlando

601 Delaney Park Dr

Royal Isles Apartments

The Villas At Pinecrest

Bridgewater by Trion Living

4087 E Michigan St, Unit 4087, Unit 4087
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.

Dover Gardens

5859 Curry Ford Rd, Unit 130,

607 S Summerlin Ave, Unit 2, Unit 2

Total Monthly Price
1207 Groveland Ave, Unit Near Downtown Orlando, Unit Near Downtown Orlando

605 S Summerlin Ave

Rosehill Preserve

1311 Oregon St

5460 E Michigan St, Unit 5, Unit 5

1948 Conway Rd

The Canopy Apartment Villas
Top Neighborhoods Near Orlando Major Employers
Learn about the best places to live near major employers in Orlando with original content written by our Local Expert Darla Ferrara
Lake Underhill, Orlando, FL Local Guide

How much does it cost to rent an apartment in Lake Underhill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Underhill Studio Apartments | $1,709 | $1,134 | $2,690 |
| Lake Underhill 1 Bedroom Apartments | $1,554 | $452 | $2,900 |
| Lake Underhill 2 Bedroom Apartments | $1,819 | $528 | $3,967 |
| Lake Underhill 3 Bedroom Apartments | $2,190 | $588 | $5,703 |
| Lake Underhill 4 Bedroom Apartments | $4,490 | $4,451 | $4,529 |
Browse Apartments in this Neighborhood
There are currently 132 rentals with your search options within a 2 mile radius of the Lake Underhill Neighborhood of Orlando, FL.
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Lake Underhill, Orlando, FL Local Guide
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Cheapest Available Lake Underhill Apartments for Rent
 The cheapest available apartment rental in the Lake Underhill area of Orlando, FL is a 1 Bed unit found at The Cornerstone Apartments priced from $1,012. Sands Orlando has the second lowest priced unit, which is a Studio apartment currently listed from $1,148. Here are the most affordable Lake Underhill apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Cornerstone Apartments | Elm | 1BR,1BA | $1,012 |
| Sands Orlando | Oakwood Commons Studio | Studio,1BA | $1,148 |
| Hillcrest Hampton House | Studio | Studio,1BA | $1,175 |
| Bellagio | Sully | Studio,1BA | $1,199 |
| Primrose Orlando | Upgraded Unit | 1BR,1BA | $1,200 |
| Shoreview at Baldwin Park | 1x1A | 1BR,1BA | $1,220 |
| Magnolia Apartments | 1BD/1Bath | 1BR,1BA | $1,225 |
| The Villas At Pinecrest | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,240 |
| Hollow Brook | 2BR60% | 2BR,1BA | $1,240 |
Best Value Apartments for Rent in Lake Underhill, FL
As of April 23, 2026 the best value apartment in the Lake Underhill area is the $1.36 price per square foot 3BR70% Model at Hollow Brook in the in the East Central Park neighborhood starting from $1,684. The second greatest value Lake Underhill apartment is the Floorplan 2 Model at Azalea Gardens starting at $1,750 with a $1.46 price per square foot in the North Orange neighborhood. Here is today’s list of the best values for Lake Underhill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hollow Brook | 3BR70% | 3BR,2BA | $1.36 |
| Azalea Gardens | Floorplan 2 | 2BR,2BA | $1.46 |
| Conway Forest | Ambersweet | 2BR,2BA | $1.54 |
| 1207 Groveland Ave, Unit Near Downtown Orlando | 1207 Groveland Ave | 2BR,1.5BA | $1.23 |
| Avery Place Villas | The Sago | 1BR,1BA | $1.73 |
| Aria Beach | Ginnie | 1BR,1BA | $1.67 |
| The Canopy Apartment Villas | Haven Premium | 1BR,1BA | $1.77 |
| Woodlake Villas | 1x1 | 1BR,1BA | $1.72 |
| 819 Pablo Ln, Unit 817 Pa | 819 Pablo Ln | 1BR,1BA | $1.42 |
| Bridgewater by Trion Living | 1 Bedroom | 1BR,1BA | $1.72 |
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.
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 Underhill, Orlando, FL
Ranked #88
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Underhill, Orlando, FL
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of rentals in cities across the United States, including Orlando. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Lake Underhill Apartments
What is a cheap apartment in Lake Underhill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Underhill is under $1,240.
What is the price of a cheap apartment in Lake Underhill?
The cheapest apartment in Lake Underhill is The Cornerstone Apartments which is listed at $1,012, while the average apartment in Lake Underhill costs $6,828.
What types of apartments are the cheapest in Lake Underhill?
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 6 regular apartments in Lake Underhill 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 Underhill?
Cheap apartments in Lake Underhill have an average cost of $171 which is $6,657 cheaper than the average rent for all rentals in Lake Underhill.
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.