Cheap Apartments for Rent in the Downtown Orlando Neighborhood of Orlando, FL from $400 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Orlando area of 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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Downtown Orlando

Named as one of the Best Affordable Areas to rent in Orlando by our , Local Expert Darla F. See how it ranks!

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property at 4527 Lakeway Dr

4527 Lakeway Dr

OrlandoFL32839
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Whitney Grove Apartments
Studio to 2 Bedroom Apartments

Whitney Grove Apartments

1638 S Crystal Lake DrOrlando, FL 32806
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Kinneret Apartments
Studio to 1 Bedroom Apartments

Kinneret Apartments

515 Delaney AveOrlando, FL 32801
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Crescent Club Apartments
1 to 2 Bedroom Apartments

Crescent Club Apartments

4100 S Rio Grande AveOrlando, FL 32839
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The Oaks Apartments
Studio to 3 Bedroom Apartments

The Oaks Apartments

3222 Clay AveOrlando, FL 32804
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Cloverdale Apartments
1 to 2 Bedroom Apartments

Cloverdale Apartments

1911 Ranwill CtOrlando, FL 32806
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Boca Club
1 to 3 Bedroom Apartments

Boca Club

3114 Cr Smith StOrlando, FL 32805
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Smith Street Condo
2 Bedroom Apartments

Smith Street Condo

113 E Smith StOrlando, FL 32804
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La Bella Vida
1 to 2 Bedroom Apartments

La Bella Vida

3308-3310 Clay StOrlando, FL 32804
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OCB
2 Bedroom Apartments

OCB

3205 Orange Center BlvdOrlando, FL 32805
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Harwood Street
1 to 2 Bedroom Apartments

Harwood Street

714 E Harwood StOrlando, FL 32803
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Primrose Orlando
1 Bedroom Apartments

Primrose Orlando

2716 E Washington StOrlando, FL 32803
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Park Plaza Apartments
1 to 2 Bedroom Apartments

Park Plaza Apartments

101 S Bumby AveOrlando, FL 32803
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Showing Results 1-50, Page 1 of 2

Downtown Orlando, Orlando, FL Local Guide

Cheapest Available Downtown Orlando Apartments for Rent

 

The cheapest available apartment rental in the Downtown Orlando area of Orlando, FL is a Studio unit found at Colonial Drive Apartments priced from $895. Palmetto at Lakeside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $953. Here are the most affordable Downtown Orlando apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Colonial Drive ApartmentsStudioStudio,1BA$895
Palmetto at LakesideA11BR,1BA$953
Lexington CourtEola1BR,1BA$975
Hillcrest Hampton HouseStudioStudio,1BA$1,000
Hope Square Apartments2 Beds, 1 Baths2BR,1BA$1,040
Winford Place ApartmentsOne Bedroom One Bath1BR,1BA$1,160
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1,169
Palm Grove Apartments1x11BR,1BA$1,250

Best Value Apartments for Rent in Downtown Orlando, FL

As of March 12, 2025 the best value apartment in the Downtown Orlando area is the $1.42 price per square foot 3601 Lake Sarah Dr Model at 3601 Lake Sarah Dr in the in the North Orange neighborhood starting from $3,600. The second greatest value Downtown Orlando apartment is the 3 Bedroom Model at Lake Lucerne Towers starting at $2,190 with a $1.65 price per square foot in the Downtown Orlando neighborhood. Here is today’s list of the best values for Downtown Orlando apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3601 Lake Sarah Dr3601 Lake Sarah Dr4BR,2BA$1.42
Lake Lucerne Towers3 Bedroom3BR,3BA$1.65
Azalea GardensFloorplan 22BR,2BA$1.46
760 North Westmoreland Drive, Unit 2760 North Westmoreland Drive2BR,2BA$1.73
Landon Trace TownhomesThree Bedroom Townhome3BR,2.5BA$1.36
Palm Grove Apartments2x12BR,1BA$1.61
Hope Square Apartments2 Beds, 1 Baths2BR,1BA$1.22
Winford Place ApartmentsOne Bedroom One Bath1BR,1BA$1.66
2920 E Jefferson St2920 E Jefferson St1BR,1BA$1.57
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1.71

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Orlando, Orlando, FL

Ranked #13

Among neighborhoods in Orlando, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States, including Orlando. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, places to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Orlando Apartments

What is the Cheapest Studio apartment in Downtown Orlando?

Currently the most affordable Cheap Studio Apartment in Downtown Orlando is at Colonial Drive Apartments listed at $895.

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

The lowest price for a Cheap One Bedroom Downtown Orlando Apartment is $953 at Palmetto at Lakeside.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Orlando is starting from $1,040 at Hope Square Apartments.

What is the most affordable Downtown Orlando Three Bedroom Apartment?

The best deal on a cheap Downtown Orlando Three Bedroom Apartment rental is at Landon Trace Townhomes and starts from $1,382.

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 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.