
Cheap Apartments for Rent in the Lake Eola Neighborhood of Orlando, FL from $800 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Eola area of Orlando.


133 E Concord St

Skyhouse Apartments

202 E South St, Unit 202 E South St #3047

MAA Robinson

Central Station on Orange

Mondrian Lake Eola

MAA Parkside

The Julian Orlando Apartments

Alexan Mills 50
Orlando's Best Affordable Neighborhoods
Learn about Orlando and the best places to live with original content written by our Local Expert Darla F

110 N Mills Ave

151 E Washington St

11 N Mills Ave

204 E South St

35 Hill Ave

206 E South St

304 E South St

300 E South St

101 S Eola Dr
Lake Eola, Orlando, FL Local Guide

How much does it cost to rent an apartment in Lake Eola?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Eola Studio Apartments | $1,636 | $895 | $3,413 |
Lake Eola 1 Bedroom Apartments | $2,249 | $1,560 | $5,188 |
Lake Eola 2 Bedroom Apartments | $2,767 | $1,295 | $6,548 |
Lake Eola 3 Bedroom Apartments | $3,357 | $2,500 | $7,143 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Lake Eola Neighborhood of Orlando, FL.
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Lake Eola, Orlando, FL Local Guide
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Cheapest Available Lake Eola Apartments for Rent
 The cheapest available apartment rental in the Lake Eola area of Orlando, FL is a Studio unit found at Alexan Mills 50 priced from $1,465. Central Station on Orange has the second lowest priced unit, which is a Studio apartment currently listed from $1,475. Here are the most affordable Lake Eola apartments for rent in Orlando, FL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Alexan Mills 50 | S1 w/ Wall - Dali | Studio,1BA | $1,465 |
Central Station on Orange | S1 | Studio,1BA | $1,475 |
MAA Parkside | Studio 0x1 501-504 SF | Studio,1BA | $1,492 |
The Julian Orlando Apartments | Da Vinci | Studio,1BA | $1,513 |
Skyhouse Apartments | 1x1 8 | 1BR,1BA | $1,574 |
Best Value Apartments for Rent in Lake Eola, FL
As of April 07, 2025 the best value apartment in the Lake Eola area is the $2.57 price per square foot Garland Model at Aspire Orlando in the in the Downtown Orlando neighborhood starting from $2,990. The second greatest value Lake Eola 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 Lake Eola apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Aspire Orlando | Garland | 2BR,2BA | $2.57 |
322 E Central Blvd, Unit apt 911 | 322 E Central Blvd | 2BR,2BA | $2.07 |
322 E Central Blvd, Unit 1506 | 322 E Central Blvd | 2BR,2BA | $2.31 |
103 S Osceola Ave, Unit 1 | 103 S Osceola Ave | 1BR,1BA | $2.28 |
109 S Osceola Ave, Unit 1 | 109 S Osceola Ave | 1BR,1BA | $2.28 |
The Yard at Ivanhoe | D1.1 | 1BR,1BA | $2.68 |
55 WEST | The Greenwich Sky Loft | 1BR,1BA | $2.59 |
Radius | Legend | 1BR,1BA | $2.57 |
NORA Apartments | 1A | 1BR,1BA | $2.54 |
Central Station on Orange | S1 | Studio ,1BA | $2.77 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Eola, Orlando, FL
Ranked #98
Among neighborhoods in Orlando, FL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Lake Eola Neighborhood in Orlando, FL
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
84 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
62 / 100
Good Transit
Many nearby public transportation options
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 Lake Eola Apartments
What is a cheap apartment in Lake Eola?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Eola is under $1,779.
What is the price of a cheap apartment in Lake Eola?
The cheapest apartment in Lake Eola is Skyhouse Apartments which is listed at $1,574, while the average apartment in Lake Eola costs $3,060.
What types of apartments are the cheapest in Lake Eola?
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 158 regular apartments in Lake Eola 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 Lake Eola?
Cheap apartments in Lake Eola have an average cost of $873 which is $2,187 cheaper than the average rent for all rentals in Lake Eola.
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.

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.

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.

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.

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.