Cheap Apartments for Rent in Orlando, FL from $400 (349 Rentals)

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

Orlando's Best Affordable Neighborhoods

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

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Orlando, FL Local Guide

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Cheapest Neighborhoods for Apartments in Orlando, FL

Pricing Updated: 03/05/2025

Current apartment rentals in the Orlando, FL area range in price from $400 to $15,840 with an overall median price of $2,860. The three Orlando neighborhoods with the lowest median rent pricing are Rio Grand at $1,195, Sunset Lake at $1,295, and Bay Hill at $1,500. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Orlando Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Rio Grand$1,195$1,19557
Sunset Lake$1,295$1,29524
Bay Hill$1,500$1,50020
Indian Shores$1,599$1,299187
University South$1,681$7353046
Lake Picket Center$1,704$7353077
Rouse Run$1,710$7353217
University$1,710$7352660
Arden Villas$1,715$7352968
The Villages of Camelot$1,715$7352154

Cheapest Available Orlando Apartments for Rent

 

The cheapest available apartment rental in Orlando, FL is a 1 Bed unit found at HOLLOW BROOK in the East Central Park neighborhood priced from $543. Orlando Terrace in the Rosemont neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $747. Here is today’s list of the most affordable Orlando apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HOLLOW BROOK1 Bedroom 1 Bathroom1BR,1BA$543
Orlando TerraceStudioStudio,1BA$747
Altamonte TerraceOne Bedroom1BR,1BA$830
Sunset OaksStudioStudio,1BA$840
Colonial Gardens ApartmentsStudioStudio,1BA$900
Hideaway Oaks StudiosStudiosStudio,1BA$940
Caden at LakesideA2R1BR,1BA$949
Orlando SkyThe IndigoStudio,1BA$950
Waterview Crossing ApartmentsOne Bedroom One Bath1BR,1BA$950

Best Value Apartments for Rent in Orlando, FL

As of March 06, 2025 the best value apartment in the Orlando area is the $0.82 price per square foot 2747 Grapevine Crest Model at 2747 Grapevine Crest in the in the McCormick Woods neighborhood starting from $3,115. The second greatest value Orlando apartment is the 11741 Malverns Loop Model at 11741 Malverns Loop starting at $3,030 with a $1.00 price per square foot in the Lake Nona neighborhood. Here is today’s list of the best values for Orlando apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2747 Grapevine Crest2747 Grapevine Crest5BR,3BA$0.82
11741 Malverns Loop11741 Malverns Loop4BR,2.5BA$1.00
14801 Braywood Trl14801 Braywood Trl4BR,2.5BA$1.03
2232 Victoria Falls Dr2232 Victoria Falls Dr4BR,2.5BA$1.18
1409 Timberbend Cir1409 Timberbend Cir4BR,2.5BA$1.14
The QuadPlatinum 4BR 4BA4BR,4BA$0.59
Campus Crossings on Alafaya4 Bedroom 2.5 Bathroom4BR,2.5BA$0.63
Oasis ClubThe Tide2BR,2BA$1.17
Knights Circle2 Bedroom 2 Bathroom2BR,2BA$1.06
Pointe at CentralA22BR,2BA$0.95

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Orlando Overview

Located in central Florida, Orlando is known as the “Theme Park Capital of the World” with over 62 million visitors flocking to its events and attractions each year. The Orlando metropolitan area is home to over 2 million residents, making it land among the Top 25 largest metro areas in the country. In addition to its theme-park moniker, Orlando is nicknamed The City Beautiful, and the name fits, as Orlando is an attractive city to call home. With a wide variety of comfortable and affordably priced available apartments in Orlando to move too, the city is a can't miss opportunity for happiness.

Why live in Orlando, FL?

There are so many activities, events, and sports venues to visit in Orlando, you will never feel like there is nothing to do. You may think of Orlando as the home to Walt Disney World, but that is just the tip of the iceberg! There are plenty of options for fun all year long to take advantage of out of your Orlando apartments.

Pet Friendly Lifestyle
Orlando, FL

Ranked #2

Among cities in Florida for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Orlando, FL Rentals by Map

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See the most popular apartments and homes in Orlando, FL

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Getting Around Orlando, FL

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Orlando Apartments

What is the Cheapest Studio apartment in Orlando?

Currently the most affordable Cheap Studio Apartment in Orlando is at Orlando Terrace listed at $747.

How much is rent for a Cheap One Bedroom Orlando Apartment?

The lowest price for a Cheap One Bedroom Orlando Apartment is $543 at HOLLOW BROOK.

What is the lowest price for a Cheap Two Bedroom Orlando Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Orlando is starting from $651 at HOLLOW BROOK.

What is the most affordable Orlando Three Bedroom Apartment?

The best deal on a cheap Orlando Three Bedroom Apartment rental is at HOLLOW BROOK and starts from $753.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.