Cheap Apartments for Rent in the Waterford Lakes Neighborhood of Orlando, FL from $800 (5 Rentals)

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

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

close
View Me
12190 Shady Spring Way
$9002 Bedroom, 3 Bath Home for RentAvailable Now

12190 Shady Spring Way

Orlando, FL 32828
View Details
close
View Me
River Reach
2 to 4 Bedroom Apartments

River Reach

1628 River Reach DrOrlando, FL 32828

Orlando's Best Affordable Neighborhoods

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

Waterford Lakes, Orlando, FL Local Guide

Cheapest Available Waterford Lakes Apartments for Rent

 

The cheapest available apartment rental in the Waterford Lakes area of Orlando, FL is a 1 Bed unit found at Advenir at Polos East priced from $1,379. Highpoint Club has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,394. Here are the most affordable Waterford Lakes apartments for rent in Orlando, FL:

Apartment ListingModel NameBed/BathPriced From
Advenir at Polos EastAustin1BR,1BA$1,379
Highpoint ClubA1T1BR,1BA$1,394
The Monaco at Waterford LakesCannes Luxury1BR,1BA$1,519

Best Value Apartments for Rent in Waterford Lakes, FL

As of February 14, 2025 the best value apartment in the Waterford Lakes area is the $1.89 price per square foot 3 Bedroom, 2 Bath Model at The Flats At Avalon Park in the in the Stoneybrook neighborhood starting from $2,575. The second greatest value Waterford Lakes apartment is the Ivanhoe Model at River Park Apartments starting at $1,810 with a $1.46 price per square foot in the The Villages of Camelot 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.
The Flats At Avalon Park3 Bedroom, 2 Bath3BR,2BA$1.89
River Park ApartmentsIvanhoe3BR,2BA$1.46
Ashton at Waterford LakesKincora (Screened Lanai)2BR,2BA$1.66
Heritage Estates – Center SquareChelsea Renovated1BR,1BA$1.74
Tortuga Bay at Waterford LakesA11BR,1BA$2.00
The Rexford at Waterford LakesSwan Renovated1BR,1BA$2.09
Hub Orlando2x2 A2BR,2BA$1.57
Victoria PlaceSherwood Renovated1BR,1BA$2.05
The Monaco at Waterford LakesCannes Luxury1BR,1BA$2.09
Advenir at Polos EastAustin1BR,1BA$2.15

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

How much is rent for a Cheap One Bedroom Waterford Lakes Apartment?

The lowest price for a Cheap One Bedroom Waterford Lakes Apartment is $1,379 at Advenir at Polos East.

What is the lowest price for a Cheap Two Bedroom Waterford Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Waterford Lakes is starting from $1,525 at River Park Apartments.

What is the most affordable Waterford Lakes Three Bedroom Apartment?

The best deal on a cheap Waterford Lakes Three Bedroom Apartment rental is at River Park Apartments and starts from $1,810.

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 What to Know About Fees and Fines When Renting article

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 Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.