Cheap Homes for Rent in Lake Underhill Neighborhood of Orlando, FL from $1,200 (64 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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The Art of the Rental Viewing: What to look for during a property tour

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property at 525 Conway Rd

525 Conway Rd

OrlandoFL32807

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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Orlando's Best Affordable Neighborhoods

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Lake Underhill, Orlando, FL Local Guide

Cheapest Available Lake Underhill Apartments for Rent

 

The cheapest available apartment rental in the Lake Underhill area of Orlando, FL is a Studio unit found at Hillcrest Hampton House priced from $1,125. The Cornerstone Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,146. Here are the most affordable Lake Underhill apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Hillcrest Hampton HouseStudioStudio,1BA$1,125
The Cornerstone ApartmentsPalmStudio,1BA$1,146
BellagioSullyStudio,1BA$1,199
The Park at Venosa1BD/1Bath1BR,1BA$1,209
HOLLOW BROOK1 Bedroom 1 Bathroom1BR,1BA$1,243
Aria BeachRainbow1BR,1BA$1,249
Woodlake Villas1x11BR,1BA$1,263
Sands Orlando1 Bedroom 1B1BR,1BA$1,265
Rosehill PreserveASTER1BR,1BA$1,299
Shoreview at Baldwin Park1x1A1BR,1BA$1,325

Best Value Apartments for Rent in Lake Underhill, FL

As of June 21, 2025 the best value apartment in the Lake Underhill area is the $1.77 price per square foot The Robellini Model at Avery Place Villas in the in the Lake Underhill neighborhood starting from $2,335. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Avery Place VillasThe Robellini3BR,2BA$1.77
Azalea GardensFloorplan 22BR,2BA$1.46
The Canopy Apartment VillasHaven Premium1BR,1BA$2.01
Hourglass Flats1/1 Updated1BR,1BA$2.02
Woodlake Villas1x11BR,1BA$1.68
Royal IslesThe Shenandoah1BR,1BA$1.78
HOLLOW BROOK1 Bedroom 1 Bathroom1BR,1BA$1.67
Conway ForestTangelo1BR,1BA$1.82
Bridgewater by Trion Living1 Bedroom1BR,1BA$1.96
The Park at Venosa1BD/1Bath1BR,1BA$2.02

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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Frequently Asked Questions about Lake Underhill

What type of rentals are currently available in Lake Underhill?

There are currently 144 Apartments for Rent in Lake Underhill, FL with pricing that ranges from $895 to $9,543. There are also 164 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Underhill ranging from $1,200 to $6,200.

What is the current price range for Rental Homes in Lake Underhill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Underhill ranges from $1,200 to $6,200 with an average monthly rent of $2,592.

How much are larger Three and Four Bedroom Rentals in Lake Underhill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Underhill range from $1,629 to $9,543, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,295. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,700.

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.