Cheap Apartments for Rent in the Universal Neighborhood of Orlando, FL from $700 (148 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
The Grove at Millenia
$1,186 - $1,916
Total Monthly Price

Total Monthly Price

Base Rent
$1,186 - $1,916

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Grove at Millenia

4701 Walden CirOrlando, FL 32811
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Fitzgerald
$1,291 - $2,124
Total Monthly Price

Total Monthly Price

Base Rent
$1,291 - $2,124

Total Monthly Price
$1,291 - $2,124
1 to 3 Bedroom Apartments Available Now

The Fitzgerald

4581 S Kirkman RdOrlando, FL 32811
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Belmont
Rent Specials
$1,308 - $2,288
Total Monthly Price

Total Monthly Price

Base Rent
$1,308 - $2,288

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Belmont

5009 Park Central DrOrlando, FL 32839
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 3621 Conroy Rd

$1,400 - $1,750

1 To 2 Bedroom Rentals

Available Now

3621 Conroy Rd

OrlandoFL32839
close
View Me
Charles Towne
$1,420 - $2,169
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $2,169

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Charles Towne

5145 City StOrlando, FL 32839
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Aqua at Millenia
Rent Specials
$1,494 - $1,941
Total Monthly Price

Total Monthly Price

Base Rent
$1,494 - $1,941

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Aqua at Millenia

5451 Millenia Lakes BlvdOrlando, FL 32839
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Place on Millenia
Rent Specials
$1,543 - $4,043
Total Monthly Price

Total Monthly Price

Base Rent
$1,543 - $4,043

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Place on Millenia

5215 Millenia BlvdOrlando, FL 32839
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Altaire at Millenia
Rent Specials
$1,552 - $2,666
Total Monthly Price

Total Monthly Price

Base Rent
$1,552 - $2,666

Total Monthly Price
$1,552 - $2,666
Studio to 3 Bedroom Apartments Available Now

Altaire at Millenia

5450 Millenia Lakes BlvdOrlando, FL 32839
Outdoors
  • Verified
  • 3D Tour

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.

close
View Me
Arcadia Dr. Phillips
$1,643 - $3,669
Total Monthly Price

Total Monthly Price

Base Rent
$1,643 - $3,669

Total Monthly Price
$1,643 - $3,669
Studio to 3 Bedroom Apartments Available Now

Arcadia Dr. Phillips

6500 Sand Lake Sound RdOrlando, FL 32819
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Manor Row
$1,678 - $2,366
Total Monthly Price

Total Monthly Price

Base Rent
$1,678 - $2,366

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Manor Row

5098 Wellington Park CirOrlando, FL 32839
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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

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 Casienna Apartment Homes priced from $1,050. The Villages on Millenia Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,068. Here are the most affordable Universal apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Casienna Apartment HomesStudioStudio,1BA$1,050
The Villages on Millenia ApartmentsOne Bedroom One Bath1BR,1BA$1,068
Fusion OrlandoSingle StudioStudio,1BA$1,099
Coconut PalmsEstereo BayStudio,1BA$1,129
Cason at MilleniaA11BR,1BA$1,175
The Grove at MilleniaS1 StandardStudio,1BA$1,186
West Winds ApartmentsCity Breeze1BR,1BA$1,215
THE CLUB AT MILLENIAGenova1BR,1BA$1,233
Walden Palms ApartmentsA2-1 Bedroom, 1 Bathroom1BR,1BA$1,298
AmalfiClearwater1BR,1BA$1,299

Best Value Apartments for Rent in Universal, FL

As of April 25, 2026 the best value apartment in the Universal area is the $1.73 price per square foot Newcastle Model at Manor Row in the in the Millenia neighborhood starting from $2,107. The second greatest value Universal apartment is the B1 Model at Halston Park Central starting at $1,841 with a $1.67 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$1.73
Halston Park CentralB12BR,2BA$1.67
Fountains at Millenia ApartmentsTwo Bedroom Two Bath2BR,2BA$1.57
5764 S Texas Ave5764 S Texas Ave1BR,1BA$1.35
The PinesCypress2BR,2BA$1.55
Acclaim at Conroy2 Bedroom 2 Bath2BR,2BA$1.48
Royal Palms2x22BR,2BA$1.50
The FitzgeraldB12BR,1BA$1.77
The Villages on Millenia ApartmentsOne Bedroom One Bath1BR,1BA$1.84
RivaGondola1BR,1BA$1.81

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 Article
Decorative image

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.

Read Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 $1,299.

What is the price of a cheap apartment in Universal?

The cheapest apartment in Universal is The Villages on Millenia Apartments which is listed at $1,068, while the average apartment in Universal costs $19,464.

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 73 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 $750 which is $18,714 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

decorative image for An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Your Guide to the Perfect Orlando Neighborhood for Student Renters article

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.

decorative image for Unlock Your Orlando Commute: An Expert Guide to Ideal Neighborhoods Near Major Local Employers article

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.

decorative image for The Soul of the City Beautiful: What Life in Orlando Is Really Like article

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.