Cheap Apartments for Rent in Orlando, FL from $400 (516 Rentals)

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Cheap Apartments in Orlando.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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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property at 5773 Gatlin Ave

5773 Gatlin Ave

OrlandoFL32822
Showing Results 1-50, Page 1 of 11

Orlando, FL Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Orlando, FL

Pricing Updated: 05/03/2025

Current apartment rentals in the Orlando, FL area range in price from $600 to $45,000 with an overall median price of $4,127. The three Orlando neighborhoods with the lowest median rent pricing are Carver Park at $850, Creative Village at $1,650, and Beaumont at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Orlando Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Carver Park$1,190$8501
Creative Village$1,650$1,6501
Beaumont$1,895$1,10012
Parramore$1,900$8504
University South$1,990$1,25015
Huckleberry$2,000$1,27516
Rio Grand$2,000$9007
Lake Sherwood Hills$2,065$2,0002
Boggy Creek$2,085$91913
Waterford Park$2,097$1,55013

Cheapest Available Orlando Apartments for Rent

 

The cheapest available apartment rental in Orlando, FL is a 1 Bed unit found at Altamonte Terrace in the Orienta Gardens neighborhood priced from $800. Sunset Oaks in the Ashton Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here is today’s list of the most affordable Orlando apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Altamonte TerraceOne Bedroom1BR,1BA$800
Sunset OaksStudioStudio,1BA$840
Hideaway Oaks StudiosStudiosStudio,1BA$840
Laurel Hills Villas, a 55+ CommunityHighrise1BR,1BA$890
Colonial Drive ApartmentsStudioStudio,1BA$895
Kingswood ApartmentsStudioStudio,1BA$900
Orlando TerraceStudioStudio,1BA$932
Palmetto at LakesideE2Studio,1BA$935
Waterview Crossing ApartmentsOne Bedroom One Bath Classic1BR,1BA$950

Best Value Apartments for Rent in Orlando, FL

As of May 03, 2025 the best value apartment in the Orlando area is the $0.59 price per square foot Platinum 4BR 4BA Model at The Quad in the in the Straw Ridge neighborhood starting from $879. The second greatest value Orlando apartment is the 4x4 Platinum Model at Orion on Orpington starting at $995 with a $0.77 price per square foot in the University South 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.
The QuadPlatinum 4BR 4BA4BR,4BA$0.59
Orion on Orpington4x4 Platinum4BR,4BA$0.77
Lake Weston Point ApartmentsFour Bedroom4BR,2BA$1.31
Village Townhomes2 Bed/ 2.5 Bath B12BR,2.5BA$1.28
Campus Crossings on Alafaya4 Bedroom 2.5 Bathroom4BR,2.5BA$0.63
5764 S Texas Ave, Unit 2 Bedroom5764 S Texas Ave2BR,2.5BA$1.28
The Seasons2 Bedroom2BR,2BA$1.32
Knights Circle2 Bedroom 2 Bathroom2BR,2BA$1.06
Pointe at CentralA22BR,2BA$0.95
8915 Hidden Village Blvd, Unit B8915 Hidden Village Blvd1BR,1BA$1.28

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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.

Orlando, FL Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 Sunset Oaks listed at $840.

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

The lowest price for a Cheap One Bedroom Orlando Apartment is $800 at Altamonte Terrace.

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 $980 at Altamonte Terrace.

What is the most affordable Orlando Three Bedroom Apartment?

The best deal on a cheap Orlando Three Bedroom Apartment rental is at Hub Orlando and starts from $1,205.

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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.