Cheap Apartments for Rent in the Waterford Park Neighborhood of Orlando, FL from $900 (4 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 Park area of Orlando.

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 Park, Orlando, FL Local Guide

Best Value Apartments for Rent in Waterford Park, FL

As of March 29, 2025 the best value apartment in the Waterford Park area is the $1.72 price per square foot 11224 Cypress Leaf Dr Model at 11224 Cypress Leaf Dr in the in the Waterford Park neighborhood starting from $2,295. The second greatest value Waterford Park apartment is the 4x4 Platinum Model at Orion on Orpington starting at $985 with a $0.76 price per square foot in the University South neighborhood. Here is today’s list of the best values for Waterford Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
11224 Cypress Leaf Dr11224 Cypress Leaf Dr3BR,2BA$1.72
Orion on Orpington4x4 Platinum4BR,4BA$0.76
Tortuga Bay at Waterford LakesA11BR,1BA$1.95
Victoria PlaceWindsor Renovated1BR,1BA$1.92
CODA ApartmentsThe Sienna1BR,1BA$2.06
The Rexford at Waterford LakesDolphin Renovated1BR,1BA$1.90
The Lofts2x2 Renovated2BR,2BA$1.68
The Monaco at Waterford LakesCannes Luxury1BR,1BA$2.21
Highpoint ClubA1R1BR,1BA$2.25
Advenir at Polos EastAustin1BR,1BA$2.27

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

Best Local Schools in
Waterford Park, Orlando, FL

Best Local Schools in
Waterford Park, Orlando, FL

Frequently Asked Questions about Cheap Waterford Park Apartments

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

The cheapest apartment in Waterford Park is Advenir at Polos East which is listed at $1,454, while the average apartment in Waterford Park costs $1,892.

What types of apartments are the cheapest in Waterford Park?

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 21 regular apartments in Waterford Park 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 Park?

Cheap apartments in Waterford Park have an average cost of $915 which is $977 cheaper than the average rent for all rentals in Waterford Park.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.