Cheap Apartments for Rent in the Waterford Lakes Neighborhood of Orlando, FL from $700 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Waterford Lakes 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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Eastmar Commons
Rent Specials
$1,519 - $2,395
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Total Monthly Price

Base Rent
$1,519 - $2,395
Total Monthly Price
$1,519 - $2,395
1 to 3 Bedroom Apartments Available Now

Eastmar Commons

10038 Vista Laguna DrOrlando, FL 32825
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Highpoint Club
Rent Specials
$1,574 - $2,319
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$1,574 - $2,319
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1 to 2 Bedroom Apartments Available Now

Highpoint Club

11100 Point Sylvan CirOrlando, FL 32825
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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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River Reach
2 to 4 Bedroom Apartments

River Reach

1628 River Reach DrOrlando, FL 32828
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Victoria Place
1 to 3 Bedroom Apartments

Victoria Place

12612 Victoria Place CirOrlando, FL 32828

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Showing Results 1-31, Page 1 of 1

Cheapest Available Waterford Lakes Apartments for Rent

 

The cheapest available apartment rental in the Waterford Lakes area of Orlando, FL is a 6 Beds unit found at The Retreat West priced from $899. The Retreat East has the second lowest priced unit, which is a 4 Beds apartment currently listed from $899. Here are the most affordable Waterford Lakes apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
The Retreat West6BR/6.5BA - Belmont6BR,6BA$899
The Retreat EastThe Sunrise D1 Alt - 4x44BR,4BA$899
Ashton at Waterford LakesAlana (Screened Lanai)1BR,1BA$1,293
Advenir at Polos EastAddison1BR,1BA$1,349
Pine HarbourPlan A1BR,1BA$1,367
The PalmerA31BR,1BA$1,499
The Monaco at Waterford LakesCannes Luxury1BR,1BA$1,512
Eastmar CommonsAzul1BR,1BA$1,519
River Park ApartmentsThe Downey - Solarium2BR,2BA$1,538
Pointe Parc at AvalonA1 - (Garage Included with Rent)1BR,1BA$1,541

Best Value Apartments for Rent in Waterford Lakes, FL

As of June 06, 2026 the best value apartment in the Waterford Lakes area is the $1.60 price per square foot 1478 Linda Bryant Way Model at Cornell’s Corner in the in the The Villages of Camelot neighborhood starting from $2,995. The second greatest value Waterford Lakes apartment is the The Keys Townhome - 4x4 Model at The Retreat East starting at $1,075 with a $0.64 price per square foot in the The Villages of Camelot neighborhood. Here is today’s list of the best values for Waterford Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cornell’s Corner1478 Linda Bryant Way4BR,2.5BA$1.60
The Retreat EastThe Keys Townhome - 4x44BR,4BA$0.64
Campus Crossings on Alafaya4 Bedroom 3.5 Bathroom4BR,3.5BA$0.52
The Retreat West3BR/3BA - Birchmore 33BR,3BA$0.81
Hub Orlando3x3 Balcony3BR,3BA$1.04
The Rexford at Waterford LakesBeach Club Renovated2BR,2BA$1.65
The Rook2 bed 2 bath2BR,2BA$1.25
River Park ApartmentsThe Downey - Patio2BR,2BA$1.59
Cricket Club ApartmentsTwo Bedroom Two Bath2BR,2BA$1.55
The 9 Central FloridaB12BR,2BA$1.62

Frequently Asked Questions about Cheap Waterford Lakes Apartments

What is the price of a cheap apartment in Waterford Lakes?

The cheapest apartment in Waterford Lakes is Ashton at Waterford Lakes which is listed at $1,293, while the average apartment in Waterford Lakes costs $2,235.

What types of apartments are the cheapest in Waterford Lakes?

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 43 regular apartments in Waterford Lakes 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 Waterford Lakes?

Cheap apartments in Waterford Lakes have an average cost of $707 which is $1,528 cheaper than the average rent for all rentals in Waterford Lakes.

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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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.

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