Cheap Homes for Rent in Lake Eola Neighborhood of Orlando, FL from $1,300 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Eola area of Orlando.

property at 206 E South St

206 E South St

OrlandoFL32801
property at 304 E South St

304 E South St

OrlandoFL32801
property at 101 S Eola Dr

101 S Eola Dr

OrlandoFL32801

Orlando's Best Affordable Neighborhoods

Learn about Orlando and the best places to live with original content written by our Local Expert Darla F

Lake Eola, Orlando, FL Local Guide

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 The Julian Orlando Apartments priced from $1,350. Central Station on Orange has the second lowest priced unit, which is a Studio apartment currently listed from $1,355. Here are the most affordable Lake Eola apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
The Julian Orlando ApartmentsDa VinciStudio,1BA$1,350
Central Station on OrangeS1Studio,1BA$1,355
Skyhouse ApartmentsStudio 4Studio,1BA$1,402

Best Value Apartments for Rent in Lake Eola, FL

As of March 24, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Aspire OrlandoGarland2BR,2BA$2.57
322 E Central Blvd, Unit apt 911322 E Central Blvd2BR,2BA$2.07
322 E Central Blvd, Unit 1506322 E Central Blvd2BR,2BA$2.31
CitiTower Residential UnitsA11BR,1BA$2.79
55 WESTThe Greenwich Sky Loft1BR,1BA$2.59
NORA Apartments1A1BR,1BA$2.48
The Yard at IvanhoeA1.11BR,1BA$2.67
Skyhouse ApartmentsStudio 5Studio ,1BA$2.72
Paramount on Lake EolaDelano Deluxe1BR,1BA$2.81
Central Station on OrangeS1Studio ,1BA$2.55

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Frequently Asked Questions about Lake Eola

What type of rentals are currently available in Lake Eola?

There are currently 81 Apartments for Rent in Lake Eola, FL with pricing that ranges from $895 to $6,891. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Eola ranging from $1,375 to $4,500.

What is the current price range for Rental Homes in Lake Eola?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Eola ranges from $1,375 to $4,500 with an average monthly rent of $2,173.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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.