Cheap Apartments for Rent in Orlando, FL from $400 (577 Rentals)

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Orlando, FL Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Orlando, FL

Pricing Updated: 10/07/2025

Current apartment rentals in the Orlando, FL area range in price from $400 to $29,349 with an overall median price of $4,672. The three Orlando neighborhoods with the lowest median rent pricing are Indian Shores at $1,200, Washington Shores at $461, and Indian Hills at $1,200. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Orlando Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Indian Shores$1,550$1,2002
Washington Shores$1,644$46114
Indian Hills$1,687$1,20014
Hiawassee$1,733$72570
Horshoe Lake Estates$1,733$84069
Silver Pines$1,733$725127
Waterford Park$1,739$730150
Stonebriar$1,759$730111
University$1,759$730122
Lake Picket Center$1,769$73084

Cheapest Available Orlando Apartments for Rent

 

The cheapest available apartment rental in Orlando, FL is a 2 Beds unit found at Hollow Brook in the East Central Park neighborhood priced from $528. Ekos at Lake Shadow in the Courtland Street neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $560. Here is today’s list of the most affordable Orlando apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hollow Brook2BR30%2BR,1BA$528
Ekos at Lake ShadowB1 302BR,2BA$560
Sand Lake Pointe ApartmentsThree Bedroom Two Bath 283BR,2BA$649
Altamonte TerraceOne Bedroom1BR,1BA$800
Orlando SkyThe IndigoStudio,1BA$899
The Retreat West6BR/6.5BA - Belmont6BR,6BA$899
Southern Oaks ResidencesJasmine ClassicStudio,1BA$900
San Jose Apartments1x1 8631BR,1BA$903
Lorenzo At East MilA21BR,1BA$930

Best Value Apartments for Rent in Orlando, FL

As of October 07, 2025 the best value apartment in the Orlando area is the $0.63 price per square foot Platinum 4BR 4BA Model at The Quad in the in the The Villages of Camelot neighborhood starting from $949. The second greatest value Orlando apartment is the The Sunrise D1 Alt - 4x4 Model at The Retreat East starting at $1,069 with a $0.74 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$0.63
The Retreat EastThe Sunrise D1 Alt - 4x44BR,4BA$0.74
The Retreat West3BR/3BA - Fairview3BR,3BA$0.87
College Station4 Bedroom 4 Bath4BR,4BA$0.69
Orion on Orpington4x4 Platinum4BR,4BA$0.76
Campus Crossings on Alafaya4 Bedroom 2.5 Bathroom4BR,2.5BA$0.58
Hub Orlando3x3 Balcony3BR,3BA$1.08
San Jose Apartments2x1 10332BR,1BA$1.05
Ekos at Lake ShadowB1 302BR,2BA$0.57
Pointe at CentralB22BR,2BA$1.04

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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!

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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

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 a cheap apartment in Orlando?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Orlando is under $930.

What is the price of a cheap apartment in Orlando?

The cheapest apartment in Orlando is Altamonte Terrace which is listed at $800, while the average apartment in Orlando costs $4,672.

What types of apartments are the cheapest in Orlando?

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 12,219 regular apartments in Orlando 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 Orlando?

Cheap apartments in Orlando have an average cost of $616 which is $4,056 cheaper than the average rent for all rentals in Orlando.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.