Cheap Apartments for Rent in the Universal Neighborhood of Orlando, FL from $700 (170 Rentals)

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

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The Grove at Millenia
$1,115 - $1,735
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$1,115 - $1,735

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Studio to 2 Bedroom Apartments Available Now

The Grove at Millenia

4701 Walden CirOrlando, FL 32811
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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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Aqua at Millenia
Rent Specials
$1,271 - $2,153
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$1,271 - $2,153

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1 to 2 Bedroom Apartments Available Now

Aqua at Millenia

5451 Millenia Lakes BlvdOrlando, 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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The Fitzgerald
$1,360 - $2,050
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Total Monthly Price

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$1,360 - $2,050

Total Monthly Price
$1,360 - $2,050
1 to 3 Bedroom Apartments Available Now

The Fitzgerald

4581 S Kirkman RdOrlando, FL 32811
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property at 4357 Aqua Vista Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

4357 Aqua Vista Dr, Unit 1

4357 Aqua Vista Dr
OrlandoFL32839
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Belmont
Rent Specials
$1,407 - $2,149
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$1,407 - $2,149

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1 to 3 Bedroom Apartments Available Now

Belmont

5009 Park Central DrOrlando, FL 32839
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Charles Towne
Rent Specials
$1,412 - $2,323
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$1,412 - $2,323

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1 to 3 Bedroom Apartments Available Now

Charles Towne

5145 City StOrlando, 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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The Place on Millenia
Rent Specials
$1,537 - $2,692
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$1,537 - $2,692

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1 to 3 Bedroom Apartments Available Now

The Place on Millenia

5215 Millenia BlvdOrlando, 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.

property at 3725 Conroy Rd

$1,575

Total Monthly Price

Total Monthly Price

Base Rent
$1,575

Total Monthly Price
$1,575

2 Bedroom, 2 Bath Condo for Rent

Available Now

3725 Conroy Rd, Unit 2125

3725 Conroy Rd
OrlandoFL32839
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Arcadia Dr. Phillips
$1,644 - $3,333
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Total Monthly Price

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$1,644 - $3,333

Total Monthly Price
$1,644 - $3,333
Studio to 3 Bedroom Apartments Available Now

Arcadia Dr. Phillips

6500 Sand Lake Sound RdOrlando, FL 32819
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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.

Universal, Orlando, FL Local Guide

Cheapest Available Universal Apartments for Rent

 

The cheapest available apartment rental in the Universal area of Orlando, FL is a Studio unit found at Green Gables priced from $838. Casienna Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Universal apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Green GablesStudioStudio,1BA$838
Casienna Apartment HomesStudioStudio,1BA$999
Coconut PalmsSilver SpringsStudio,1BA$1,049
Fusion OrlandoDouble StudioStudio,1BA$1,099
The Grove at MilleniaS1 StandardStudio,1BA$1,115
AmalfiSiesta Key1BR,1BA$1,129
Studio ParcThe Conroy1BR,1BA$1,149
PortofinoVerde1BR,1BA$1,149
The Villages on Millenia ApartmentsOne Bedroom One Bath1BR,1BA$1,152
Royal Palms1x11BR,1BA$1,155

Best Value Apartments for Rent in Universal, FL

As of June 09, 2026 the best value apartment in the Universal area is the $1.61 price per square foot Newcastle Model at Manor Row in the in the Millenia neighborhood starting from $1,959. The second greatest value Universal apartment is the Three Bedroom Two Bath Model at Fountains at Millenia Apartments starting at $2,044 with a $1.68 price per square foot in the Millenia neighborhood. Here is today’s list of the best values for Universal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Manor RowNewcastle2BR,2BA$1.61
Fountains at Millenia ApartmentsThree Bedroom Two Bath3BR,2BA$1.68
Halston Park CentralB32BR,2BA$1.52
Bella VitaDorado3BR,2BA$1.77
7618 Pissarro Dr, Unit 1017618 Pissarro Dr2BR,2BA$1.63
Bella CasaMillenia2BR,1.5BA$1.61
The Villages on Millenia ApartmentsOne Bedroom One Bath1BR,1BA$1.72
RivaOptimist1BR,1BA$1.77
The FitzgeraldA11BR,1BA$1.81
Royal Palms1x11BR,1BA$1.80

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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison 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 convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Universal Apartments

What is a cheap apartment in Universal?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Universal is under $1,155.

What is the price of a cheap apartment in Universal?

The cheapest apartment in Universal is Green Gables which is listed at $888, while the average apartment in Universal costs $19,445.

What types of apartments are the cheapest in Universal?

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 96 regular apartments in Universal 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 Universal?

Cheap apartments in Universal have an average cost of $186 which is $19,259 cheaper than the average rent for all rentals in Universal.

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

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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

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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

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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.