
Cheap Apartments for Rent in the Waterford Park Neighborhood of Orlando, FL from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford Park area of Orlando.


877 Park Manor Dr, Unit A

11630 Cameron St, Unit C

Total Monthly Price
Cricket Club Apartments

River Park Apartments

Academy on Eastern Lake

877 Park Manor Dr, Unit B
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.

Advenir at Polos East

Ashton at Waterford Lakes

Pine Harbour

University Apartments

Mendel Villas

The Palmer

Total Monthly Price
Eastmar Commons
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.

Total Monthly Price
1222 Tino Ct, Unit 1222 tino court

802 Crest Pines Dr, Unit 814

ARIUM Mission Bay

CODA Apartments

Total Monthly Price
Highpoint Club

Total Monthly Price
Academy on Dean Woods

Total Monthly Price
11633 Anjali Ct, Unit 11633
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.

Academy at Waterford Lakes

River Reach

The Monaco at Waterford Lakes

Camden Waterford Lakes

Tortuga Bay at Waterford Lakes

The Rexford at Waterford Lakes

1230 Sophie Blvd
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.

1215 Sophie Blvd

12255 Eastcove Dr

12500 Crest Springs Ln
Waterford Park, Orlando, FL Local Guide

How much does it cost to rent an apartment in Waterford Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford Park Studio Apartments | $1,717 | $1,649 | $1,785 |
| Waterford Park 1 Bedroom Apartments | $1,612 | $1,000 | $2,558 |
| Waterford Park 2 Bedroom Apartments | $1,655 | $905 | $3,137 |
| Waterford Park 3 Bedroom Apartments | $1,710 | $964 | $2,641 |
| Waterford Park 4 Bedroom Apartments | $1,069 | $710 | $2,999 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Waterford Park Neighborhood of Orlando, FL.
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Waterford Park, Orlando, FL Local Guide
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Cheapest Available Waterford Park Apartments for Rent
 The cheapest available apartment rental in the Waterford Park 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 Park apartments for rent in Orlando, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Retreat West | 6BR/6.5BA - Belmont | 6BR,6BA | $899 |
| The Retreat East | The Sunrise D1 Alt - 4x4 | 4BR,4BA | $899 |
| Academy on Eastern Lake | 1 Bedroom 1 Bath Market | 1BR,1BA | $1,299 |
| Advenir at Polos East | Addison | 1BR,1BA | $1,349 |
| Ashton at Waterford Lakes | Alana (Screened Lanai) | 1BR,1BA | $1,383 |
| Pine Harbour | Plan A | 1BR,1BA | $1,385 |
| University Apartments | Upgraded 1 BR | 1BR,1BA | $1,399 |
| Mendel Villas | 80 MKT RENT | 2BR,2BA | $1,450 |
| The Palmer | A3 | 1BR,1BA | $1,499 |
| Highpoint Club | A1R | 1BR,1BA | $1,514 |
Best Value Apartments for Rent in Waterford Park, FL
As of June 10, 2026 the best value apartment in the Waterford Park area is the $0.64 price per square foot The Keys Townhome - 4x4 Model at The Retreat East in the in the The Villages of Camelot neighborhood starting from $1,075. The second greatest value Waterford Park apartment is the 4 Bedroom 3.5 Bathroom Model at Campus Crossings on Alafaya starting at $730 with a $0.52 price per square foot in the The Villages of Camelot neighborhood. Here is today’s list of the best values for Waterford Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Retreat East | The Keys Townhome - 4x4 | 4BR,4BA | $0.64 |
| Campus Crossings on Alafaya | 4 Bedroom 3.5 Bathroom | 4BR,3.5BA | $0.52 |
| The Retreat West | 3BR/3BA - Birchmore 3 | 3BR,3BA | $0.81 |
| Mendel Villas | 80 MKT RENT | 2BR,2.5BA | $1.21 |
| Hub Orlando | 3x3 Balcony | 3BR,3BA | $1.04 |
| ARIUM Mission Bay | Bermuda | 2BR,2BA | $1.37 |
| Academy at Waterford Lakes | 3 Bedroom 2 Bath | 3BR,2BA | $1.56 |
| The Rook | 2 bed 2 bath | 2BR,2BA | $1.25 |
| Cricket Club Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.55 |
| Vale East Student Living | Atlas | 2BR,2BA | $1.28 |
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 ArticleYour 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 ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Waterford Park, Orlando, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap Waterford Park Apartments
How much is rent for a Cheap One Bedroom Waterford Park Apartment?
The lowest price for a Cheap One Bedroom Waterford Park Apartment is $1,299 at Academy on Eastern Lake.
What is the lowest price for a Cheap Two Bedroom Waterford Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterford Park is starting from $1,450 at Mendel Villas.
What is the most affordable Waterford Park Three Bedroom Apartment?
The best deal on a cheap Waterford Park Three Bedroom Apartment rental is at The Retreat West and starts from $1,109.
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

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.

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.

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.

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

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.

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.

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.

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.