Cheap Apartments for Rent in the Waterford Lakes Neighborhood of Orlando, FL from $800 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in the Waterford Lakes area of Orlando.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Orlando's Best Affordable Neighborhoods

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

close
View Me
River Reach
2 to 4 Bedroom Apartments

River Reach

1628 River Reach DrOrlando, FL 32828

Waterford Lakes, Orlando, FL Local Guide

Best Value Apartments for Rent in Waterford Lakes, FL

As of May 03, 2025 the best value apartment in the Waterford Lakes area is the $1.74 price per square foot C1 Model at Tortuga Bay at Waterford Lakes in the in the Waterford Park neighborhood starting from $2,307. The second greatest value Waterford Lakes apartment is the 2 bedroom, 2 bath Model at The Flats At Avalon Park starting at $2,020 with a $1.84 price per square foot in the Stoneybrook neighborhood. Here is today’s list of the best values for Waterford Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tortuga Bay at Waterford LakesC13BR,2BA$1.74
The Flats At Avalon Park2 bedroom, 2 bath2BR,2BA$1.84
Heritage Estates – Center SquareChelsea Renovated1BR,1BA$1.96
Victoria PlaceWindsor Renovated1BR,1BA$1.80
The Rexford at Waterford LakesDolphin Renovated1BR,1BA$2.14
Ashton at Waterford LakesAlana (Screened Lanai)1BR,1BA$1.94
Madison Waterford LakesA31BR,1BA$2.43
The Monaco at Waterford LakesCannes Luxury1BR,1BA$2.13
Highpoint ClubA1P1BR,1BA$2.12
Advenir at Polos EastAustin1BR,1BA$2.14

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

decorative image of woman handing cat to small boy

Getting Around the Waterford Lakes Neighborhood in Orlando, FL

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

67 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Waterford Lakes Apartments

What is the price of a cheap apartment in Waterford Lakes?

The cheapest apartment in Waterford Lakes is Knightsbridge at Stoneybrook which is listed at $1,286, while the average apartment in Waterford Lakes costs $3,345.

What types of apartments are the cheapest in Waterford Lakes?

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 3 regular apartments in Waterford Lakes 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 Waterford Lakes?

Cheap apartments in Waterford Lakes have an average cost of $657 which is $2,688 cheaper than the average rent for all rentals in Waterford Lakes.

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 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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.