Cheap Homes for Rent in Lake Mary, FL from $700 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Lake Mary.

Orlando's Best Affordable Neighborhoods

Learn about Orlando and the best places to live with original content written by our Local Expert Darla F

property at 414 Beth Dr

414 Beth Dr

SanfordFL32771

Lake Mary, FL Local Guide

Cheapest Available Lake Mary Apartments for Rent

 

The cheapest available apartment rental in Lake Mary, FL is a 1 Bed unit found at Hatteras Sound Apartment Homes in the Sterling Meadows neighborhood priced from $944. Roselea Apartments in the Sterling Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Lake Mary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hatteras Sound Apartment HomesOne Bedroom One Bathroom 60%1BR,1BA$944
Roselea Apartments1x11BR,1BA$1,150
Sun LakeWindsurfer1BR,1BA$1,266
Lofts At Eden1BR/1BA Small1BR,1BA$1,299
StonebrookWindrift1BR,1BA$1,314

Best Value Apartments for Rent in Lake Mary, FL

As of March 25, 2025 the best value apartment in the Lake Mary area is the $1.28 price per square foot 228 Capri Cove Pl Model at 228 Capri Cove Pl in the in the Wilson Park neighborhood starting from $4,649. The second greatest value Lake Mary apartment is the 184 Dublin Dr Model at 184 Dublin Dr starting at $2,650 with a $1.46 price per square foot in the Brentwood Club neighborhood. Here is today’s list of the best values for Lake Mary apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
228 Capri Cove Pl228 Capri Cove Pl4BR,3BA$1.28
184 Dublin Dr184 Dublin Dr3BR,2BA$1.46
132 London Fog Way132 London Fog Way3BR,2BA$1.51
MAA Town Park Reserve22B Floor Plan2BR,2BA$1.41
Stratford PointFour Split4BR,2BA$1.19
712 Secret Harbor Ln712 Secret Harbor Ln3BR,2BA$1.50
Dalton Place2 BR2BR,2BA$1.44
Seville on the GreenDurango1BR,1.5BA$1.48
Roselea Apartments1x11BR,1BA$1.35
Hatteras Sound Apartment HomesOne Bedroom One Bathroom 60%1BR,1BA$1.31

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

Frequently Asked Questions about Lake Mary

What type of rentals are currently available in Lake Mary?

There are currently 93 Apartments for Rent in Lake Mary, FL with pricing that ranges from $984 to $5,133. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Mary ranging from $725 to $7,499.

What is the current price range for Rental Homes in Lake Mary?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Mary ranges from $725 to $7,499 with an average monthly rent of $2,652.

How much are larger Three and Four Bedroom Rentals in Lake Mary?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Mary range from $1,355 to $3,633, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,015 and Four Bedroom Apartments start at $1,588.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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 F

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.