Cheap Apartments for Rent in the Downtown Orlando Neighborhood of Orlando, FL from $400 (53 Rentals)

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

Downtown Orlando

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

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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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
Senior Living
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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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Crescent Club Apartments
1 to 2 Bedroom Apartments

Crescent Club Apartments

4100 S Rio Grande AveOrlando, FL 32839
Senior Living
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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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Parramore Oaks
1 to 3 Bedroom Apartments

Parramore Oaks

750 S Parramore AveOrlando, FL 32805
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Whitney Groves Apartments
Studio to 2 Bedroom Apartments

Whitney Groves Apartments

1648 S Crystal Lake DrOrlando, FL 32806
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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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520 Broadway Ave
1 Bedroom Apartments

520 Broadway Ave

520 Broadway AveOrlando, FL 32803
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  • Smoke Free
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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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Hope Square Apartments
2 Bedroom Apartments

Hope Square Apartments

2919 Orange Center BlvdOrlando, FL 32805
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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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Celano
1 Bedroom Apartments

Celano

2401 S Bumby AveOrlando, FL 32806
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1219 Oregon St
Studio Apartments

1219 Oregon St

1219 Oregon StOrlando, FL 32803

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 1 Bed unit found at Lexington Court priced from $975. Hillcrest Hampton House has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Downtown Orlando apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Lexington CourtEola1BR,1BA$975
Hillcrest Hampton HouseStudioStudio,1BA$1,000
Winford Place ApartmentsOne Bedroom One Bath1BR,1BA$1,160
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1,190
Hope Square Apartments2 Beds, 1 Baths2BR,1BA$1,250
Palm Grove Apartments1x11BR,1BA$1,250
Castilian ApartmentsOne Bedroom A1BR,1BA$1,295
CelanoEola1BR,1BA$1,299
SODO FLATS LIVING1/1 AU1BR,1BA$1,299
BelmontBalmoral1BR,1BA$1,339

Best Value Apartments for Rent in Downtown Orlando, FL

As of April 12, 2025 the best value apartment in the Downtown Orlando area is the $1.46 price per square foot Floorplan 2 Model at Azalea Gardens in the in the North Orange neighborhood starting from $1,750. The second greatest value Downtown Orlando apartment is the 322 E Central Blvd Model at 322 E Central Blvd, Unit apt 911 starting at $2,400 with a $2.07 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.
Azalea GardensFloorplan 22BR,2BA$1.46
322 E Central Blvd, Unit apt 911322 E Central Blvd2BR,2BA$2.07
760 North Westmoreland Drive, Unit 2760 North Westmoreland Drive2BR,2BA$1.73
Lake Lucerne Towers2 Bedroom2BR,1BA$1.91
Palm Grove Apartments2x12BR,1BA$1.61
Hope Square Apartments2 Beds, 1 Baths2BR,1BA$1.47
Charles TowneEllington Dormer1BR,1BA$1.81
Winford Place ApartmentsOne Bedroom One Bath1BR,1BA$1.66
Lakeshore at East MilOne Bedroom One Bath Lg1BR,1BA$1.74
BelmontAurora1BR,1BA$2.12

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.

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Pet Friendly Lifestyle
Downtown Orlando, Orlando, FL

Ranked #28

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 a cheap apartment in Downtown Orlando?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Orlando is under $1,339.

What is the price of a cheap apartment in Downtown Orlando?

The cheapest apartment in Downtown Orlando is Lexington Court which is listed at $975, while the average apartment in Downtown Orlando costs $2,925.

What types of apartments are the cheapest in Downtown 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 182 regular apartments in Downtown 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 Downtown Orlando?

Cheap apartments in Downtown Orlando have an average cost of $540 which is $2,385 cheaper than the average rent for all rentals in Downtown 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.

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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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.