
Cheap Homes for Rent in Lake Underhill Neighborhood of Orlando, FL from $800 (66 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Underhill area of Orlando.


5530 Old Cheney Hwy, Unit 2

1815 Larkin Ave

1406 Conway Rd

1406 Conway Rd

3120 Peel Ave

3120 Peel Ave

1815 Larkin Ave

3120 Peel Ave

2014 Newman St, Unit 1
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.

2014 Newman St, Unit 1

2014 Newman St, Unit 1

2008 Page Ave

2008 Page Ave

2008 Page Ave

2721 Raeford Rd

4510 Cranston Pl, Unit 1-222

1815 Larkin Ave

1406 Conway Rd

2721 Raeford Rd
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.

4789 S St Brides Cir

4061 E Michigan St, Unit 4061, Unit 4061

5550 E Michigan St, Unit 1108, Unit 1108

1531 Catherine St

4087 E Michigan St, Unit 4087, Unit 4087

5885 Dahlia Dr

5550 E Michigan St

5859 Curry Ford Rd, Unit 130,

3254 S Semoran Blvd

35 Hill Ave
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.

607 S Summerlin Ave, Unit 2, Unit 2

605 S Summerlin Ave

3238 S Semoran Blvd

5317 Curry Ford Rd

2330 S Ferncreek Ave

525 S Conway Rd

2035 Dixie Belle Dr

5408 E Michigan St

3248 S Semoran Blvd

5460 E Michigan St, Unit 5, Unit 5
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.

4019 E Michigan St

1000 S Semoran Blvd

783 Eldridge St

517 S Hyer Ave

2007 Dixie Belle Dr

515 S Hyer Ave

2507 E Central Blvd

2053 Dixie Belle Dr

2120 E Washington St

2451 E Illiana St
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 a home in Lake Underhill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Underhill 2 Bedroom Homes for Rent | $1,810 | $1,250 | $3,995 |
| Lake Underhill 3 Bedroom Homes for Rent | $2,848 | $1,450 | $5,800 |
| Lake Underhill 4 Bedroom Homes for Rent | $2,851 | $1,990 | $4,250 |
| Lake Underhill 5 Bedroom Homes for Rent | $2,815 | $2,815 | $2,815 |
Browse Homes for Rent in this Neighborhood
There are currently 66 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.
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 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
Frequently Asked Questions about Lake Underhill
What type of rentals are currently available in Lake Underhill?
There are currently 153 Apartments for Rent in Lake Underhill, FL with pricing that ranges from $452 to $6,828. There are also 165 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Underhill ranging from $800 to $5,800.
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 $800 to $5,800 with an average monthly rent of $2,124.
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 $588 to $5,703, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $5,800. Four Bedroom Single-Family rentals are also available starting from $1,990 and Four Bedroom Apartments start at $4,451.
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.