
Cheap Apartments for Rent in the Waterford Park Neighborhood of Orlando, FL from $700 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford Park area of Orlando.


10950 Fernando St

10950 Fernando St

10950 Fernando St

Academy on Eastern Lake

Ashton at Waterford Lakes
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.

Total Monthly Price
Highpoint Club

Pine Harbour

Advenir at Polos East

River Park Apartments

University Apartments

CODA Apartments
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.

ARIUM Mission Bay

Total Monthly Price
Eastmar Commons

The Palmer

Total Monthly Price
Dean Woods Place

Cricket Club Apartments

Academy at Waterford Lakes
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River Reach

713 Crest Pines Dr

Victoria Place

The Monaco at Waterford Lakes

Camden Waterford Lakes

The Rexford at Waterford Lakes
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.

1230 Sophie Blvd

1215 Sophie Blvd
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 | $1,921 | $1,609 | $2,233 |
| Waterford Park 1 Bedroom Apartments | $1,584 | $850 | $2,916 |
| Waterford Park 2 Bedroom Apartments | $1,632 | $875 | $2,425 |
| Waterford Park 3 Bedroom Apartments | $1,698 | $979 | $2,595 |
| Waterford Park 4 Bedroom Apartments | $1,087 | $728 | $2,999 |
Browse Apartments in this Neighborhood
There are currently 26 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. Orion on Orpington has the second lowest priced unit, which is a 4 Beds apartment currently listed from $945. 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 |
| Orion on Orpington | 4x4 Premium | 4BR,4BA | $945 |
| The Retreat East | The Sunrise D2- 4x4 | 4BR,4BA | $955 |
| Academy on Eastern Lake | 1 Bedroom 1 Bath Affordable | 1BR,1BA | $1,130 |
| Ashton at Waterford Lakes | Alana (Screened Lanai) | 1BR,1BA | $1,209 |
| Highpoint Club | A1L | 1BR,1BA | $1,259 |
| Academy at Waterford Lakes | 2 Bedroom 2 Bath | 2BR,2BA | $1,320 |
| Advenir at Polos East | Austin | 1BR,1BA | $1,329 |
| Pine Harbour | Plan A | 1BR,1BA | $1,333 |
Best Value Apartments for Rent in Waterford Park, FL
As of April 25, 2026 the best value apartment in the Waterford Park area is the $0.66 price per square foot The Sunrise D1 - 4x4 Model at The Retreat East in the in the The Villages of Camelot neighborhood starting from $955. The second greatest value Waterford Park apartment is the 3BR/3BA - Birchmore 3 Model at The Retreat West starting at $1,125 with a $0.81 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 Sunrise D1 - 4x4 | 4BR,4BA | $0.66 |
| The Retreat West | 3BR/3BA - Birchmore 3 | 3BR,3BA | $0.81 |
| Orion on Orpington | 4x4 Premium | 4BR,4BA | $0.73 |
| Campus Crossings on Alafaya | 4 Bedroom 2.5 Bathroom | 4BR,2.5BA | $0.58 |
| Dean Woods Place | Floorplan (Basic) | 3BR,2BA | $1.46 |
| Academy at Waterford Lakes | 3 Bedroom 2 Bath | 3BR,2BA | $1.42 |
| The Rook | 2 bed 2 bath | 2BR,2BA | $1.25 |
| Vale East Student Living | Atlas | 2BR,2BA | $1.28 |
| Pointe at Central | B2 | 2BR,2BA | $1.04 |
| Academy on Eastern Lake | 1 Bedroom 1 Bath Affordable | 1BR,1BA | $1.45 |
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 ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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 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 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
What is the price of a cheap apartment in Waterford Park?
The cheapest apartment in Waterford Park is Academy on Eastern Lake which is listed at $1,130, while the average apartment in Waterford Park costs $1,921.
What types of apartments are the cheapest in Waterford 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 94 regular apartments in Waterford 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 Waterford Park?
Cheap apartments in Waterford Park have an average cost of $849 which is $1,072 cheaper than the average rent for all rentals in Waterford 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

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

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.

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.

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.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.