Cheap Apartments for Rent in the Rio Grand Neighborhood of Orlando, FL from $400 (34 Rentals)

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

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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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Amelia Court
Rent Specials
$1,214 - $2,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,214 - $2,475

Total Monthly Price
$1,214 - $2,475
1 to 3 Bedroom Apartments Available Now

Amelia Court

659 W Amelia StOrlando, FL 32801
Affordability
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  • Low Income

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Julian
Rent Specials
$1,237 - $2,594
Total Monthly Price

Total Monthly Price

Base Rent
$1,237 - $2,594

Total Monthly Price
$1,237 - $2,594
Studio to 3 Bedroom Apartments Available Now

Julian

480 N Terry AveOrlando, FL 32801
Student Housing
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Belmont
Rent Specials
$1,378 - $2,149
Total Monthly Price

Total Monthly Price

Base Rent
$1,378 - $2,149

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Belmont

5009 Park Central DrOrlando, FL 32839
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Mondrian Lake Eola
Rent Specials
$1,408 - $3,132
Total Monthly Price

Total Monthly Price

Base Rent
$1,408 - $3,132

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Mondrian Lake Eola

125 E Pine StOrlando, FL 32801
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Charles Towne
Rent Specials
$1,412 - $2,368
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Total Monthly Price

Base Rent
$1,412 - $2,368

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Charles Towne

5145 City StOrlando, FL 32839
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property at 930 18th St

$1,500

4 Bedroom Rentals

Available Now

930 18th St

OrlandoFL32805

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Cheapest Available Rio Grand Apartments for Rent

 

The cheapest available apartment rental in the Rio Grand area of Orlando, FL is a 1 Bed unit found at City View priced from $929. Colonial Drive Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $965. Here are the most affordable Rio Grand apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
City View1 Bedroom 1 Bath Plan A Affordable1BR,1BA$929
Colonial Drive ApartmentsStudioStudio,1BA$965
Avalyn West1 Bedroom 1 Bath1BR,1BA$989
Boca Club1-80% HOME1BR,1BA$1,067
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1,079
Beacon at Creative VillageThe Skyline (b) - StudioStudio,1BA$1,099
Castilian ApartmentsOne Bedroom A1BR,1BA$1,146
Amelia CourtThe Minimalist1BR,1BA$1,214
The Enclave at Canopy Park1 Bedroom 1 Bath1BR,1BA$1,218
Isles at East MilleniaIris1BR,1BA$1,221

Best Value Apartments for Rent in Rio Grand, FL

As of June 12, 2026 the best value apartment in the Rio Grand area is the $1.05 price per square foot The View Model at UnionWest in the in the North Orange neighborhood starting from $1,500. The second greatest value Rio Grand apartment is the Two Bedroom One and A Half Bath Townhouse Reno Model at Winford Place Apartments starting at $1,650 with a $1.27 price per square foot in the Millenia neighborhood. Here is today’s list of the best values for Rio Grand apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
UnionWestThe View4BR,4BA$1.05
Winford Place ApartmentsTwo Bedroom One and A Half Bath Townhouse Reno2BR,1.5BA$1.27
Azalea GardensFloorplan 22BR,2BA$1.46
Kara West2 Bed 1.5 Bath2BR,1.5BA$1.16
Lake Lucerne Towers2BR/2.0BA2BR,2BA$1.50
Dunwoodie Place Apartments3 Beds, 2 baths3BR,2BA$1.51
The Landing at East Mil ApartmentsB1 Classic2BR,2BA$1.59
The Enclave at Canopy Park1 Bedroom 1 Bath1BR,1BA$1.34
Avalyn West2 Bedroom 1 Bath2BR,1BA$1.47
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1.58

Frequently Asked Questions about Cheap Rio Grand Apartments

What is a cheap apartment in Rio Grand?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rio Grand is under $1,221.

What is the price of a cheap apartment in Rio Grand?

The cheapest apartment in Rio Grand is City View which is listed at $929, while the average apartment in Rio Grand costs $2,095.

What types of apartments are the cheapest in Rio Grand?

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 185 regular apartments in Rio Grand 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 Rio Grand?

Cheap apartments in Rio Grand have an average cost of $632 which is $1,463 cheaper than the average rent for all rentals in Rio Grand.

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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