Cheap Apartments for Rent in the Rio Grande Park Neighborhood of Orlando, FL from $300 (91 Rentals)

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

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.

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The Grove at Millenia
$1,060 - $1,900
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$1,060 - $1,900
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Studio to 2 Bedroom Apartments Available Now

The Grove at Millenia

4701 Walden CirOrlando, FL 32811
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Castilian Apartments
Rent Specials
$1,156 - $2,453
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$1,156 - $2,453
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1 to 3 Bedroom Apartments Available Now

Castilian Apartments

4746 S Rio Grande AveOrlando, FL 32839
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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.

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Aqua at Millenia
Rent Specials
$1,319 - $2,000
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$1,319 - $2,000
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1 to 2 Bedroom Apartments Available Now

Aqua at Millenia

5451 Millenia Lakes BlvdOrlando, FL 32839
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Cash 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.

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Durham Place
1 to 3 Bedroom Apartments

Durham Place

5215 S Orange Blossom TrlOrlando, FL 32839
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Pointe Vista 1 and 2
2 to 4 Bedroom Apartments

Pointe Vista 1 and 2

5455 Pointe Vista CirOrlando, FL 32839
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Hidden Creek Villas
2 to 4 Bedroom Apartments

Hidden Creek Villas

2001 Rivertree CirOrlando, FL 32839
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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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Palmetto at Lakeside
Studio to 3 Bedroom Apartments

Palmetto at Lakeside

4444 Rio Grande AveOrlando, FL 32839
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Caden at Lakeside
1 to 3 Bedroom Apartments

Caden at Lakeside

1989 Americana BlvdOrlando, FL 32839
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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.

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Rio Grande Park, Orlando, FL Local Guide

Cheapest Available Rio Grande Park Apartments for Rent

 

The cheapest available apartment rental in the Rio Grande Park area of Orlando, FL is a 1 Bed unit found at Beverly at Lakeside priced from $624. Green Gables has the second lowest priced unit, which is a Studio apartment currently listed from $838. Here are the most affordable Rio Grande Park apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Beverly at LakesideA11BR,1BA$624
Green GablesStudioStudio,1BA$838
Avalyn West1 Bedroom 1 Bath1BR,1BA$1,039
The Grove at MilleniaS1 StandardStudio,1BA$1,060
Boca Club1-80% HOME1BR,1BA$1,067
Grand East VillageOne Bedroom1BR,1BA$1,071
Victory CoveA1-601BR,1BA$1,079
Lorenzo At East MilA2 Classic1BR,1BA$1,110
Durham PlaceOne Bed - One Bath 60%1BR,1BA$1,134
Castilian ApartmentsOne Bedroom A1BR,1BA$1,156

Best Value Apartments for Rent in Rio Grande Park, FL

As of May 20, 2026 the best value apartment in the Rio Grande Park area is the $1.24 price per square foot Three Bedroom 2.5 Bath TH Model at Lakeshore at East Mil in the in the Millenia neighborhood starting from $1,789. The second greatest value Rio Grande Park 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 Grande Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lakeshore at East MilThree Bedroom 2.5 Bath TH3BR,2.5BA$1.24
Winford Place ApartmentsTwo Bedroom One and A Half Bath Townhouse Reno2BR,1.5BA$1.27
Timber Sound 13x23BR,2BA$1.32
Kara West2 Bed 1.5 Bath2BR,1.5BA$1.16
Lake Lucerne Towers2BR/2.0BA2BR,2BA$1.50
Landon Trace TownhomesThree Bedroom Townhome3BR,2.5BA$1.49
Dunwoodie Place Apartments3 Beds, 2 baths3BR,2BA$1.51
Landon PointeTwo Bedroom2BR,2BA$1.33
Grand East VillageOne Bedroom1BR,1BA$1.54
Beverly at LakesideA21BR,1BA$0.97

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
Rio Grande Park, Orlando, FL

Ranked #158

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Florida and customized analysis for Northwest Central Orlando. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Rio Grande Park Apartments

What is a cheap apartment in Rio Grande Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rio Grande Park is under $1,156.

What is the price of a cheap apartment in Rio Grande Park?

The cheapest apartment in Rio Grande Park is Beverly at Lakeside which is listed at $624, while the average apartment in Rio Grande Park costs $1,998.

What types of apartments are the cheapest in Rio Grande Park?

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 173 regular apartments in Rio Grande Park 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 Grande Park?

Cheap apartments in Rio Grande Park have an average cost of $568 which is $1,430 cheaper than the average rent for all rentals in Rio Grande Park.

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

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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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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.

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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.

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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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.