Best Affordable Neighborhoods in Kissimmee, FL
Some of the cheapest neighborhoods in Kissimmee are Shadow Bay, Cascades, and Heritage Key. These neighborhoods offer some of the lowest rent prices in Kissimmee, making them ideal for renters on a budget. As of March 26, 2026, the average rent in Kissimmee is $1,563, which is 2% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Shadow Bay
Average Rent
$1,337/Month
Units Available
14 Rentals
When you’re looking for a great Kissimmee neighborhood on a budget, check out Shadow Bay. The average rent is $1,337, compared to the city average of $1,563. Shadow Bay is convenient to Vine Street Square, Vine Street Shopping Center, and Meadow Woods Park.
Cascades
Average Rent
$1,356/Month
Units Available
20 Rentals
Cascades is an affordable neighborhood in Kissimmee with an average rent price of $1,356. Compare this to the city average of $1,563. Cascades provides easy access to Vine Street Shopping Center, Green Meadows Petting Farm, and University of Central Florida.
Heritage Key
Average Rent
$1,367/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Kissimmee, Heritage Key might be the perfect place! It has an average rent price of $1,367, while the city’s average stands at $1,563. Heritage Key is near Kissimmee Lakefront Park, Bear Creek Recreation Complex, and Orlando International.
Magic Landings
Average Rent
$1,367/Month
Units Available
14 Rentals
Magic Landings is a top choice for budget-conscious renters for a variety of reasons. The average rent in Magic Landings is $1,367 while the city average is $1,563. Residents enjoy convenient access to Valencia College, Lake Nona, Heroes Community Park, and Kissimmee Lakefront Park.
Gateway
Average Rent
$1,503/Month
Year-Over-Year Rent Change
0.1%
Units Available
77 Rentals
Gateway is a neighborhood right in the heart of Kissimmee, perfectly positioned near major highways and shopping centers like Kissimmee Commons and Sunrise Plaza. While Gateway has a suburban feel, it is conveniently close to both downtown Kissimmee and Orlando, making it accessible to urban amenities.
Amber Pointe
Average Rent
$1,591/Month
Units Available
26 Rentals
When you’re looking for a great Kissimmee neighborhood on a budget, check out Amber Pointe. The average rent is $1,591, compared to the city average of $1,563. Amber Pointe is convenient to Partin Village Shopping Center, Parkway Retail Plaza, and Partin Settlement.
Reunion
Average Rent
$1,611/Month
Units Available
254 Rentals
Reunion is an affordable neighborhood in Kissimmee with an average rent price of $1,611. Compare this to the city average of $1,563. Reunion provides easy access to Disney's Animal Kingdom, Legacy Square, and Valencia College, Osceola.
Downtown Kissimmee
Average Rent
$1,611/Month
Year-Over-Year Rent Change
6.4%
Units Available
114 Rentals
Downtown Kissimmee is known for its historic charm, featuring a mix of family-owned shops and dining spots along Main, Broadway, and Emmet streets. The neighborhood is highly walkable, allowing residents to easily explore local attractions. Lake Tohopekaliga, commonly known as Lake Toho, offers various outdoor activities, including walking paths, a fishing pier, and picnic areas at the Kissimmee Lakefront Park.
NeoCity
Average Rent
$1,626/Month
Year-Over-Year Rent Change
2.5%
Units Available
117 Rentals
NeoCity is an emerging tech hub, offering modern housing options and proximity to cutting-edge industries. The area is designed to support modern living with plans for residential, commercial, and retail developments. It is strategically located near major universities and industries, making it attractive for professionals.
Lake Tivoli
Average Rent
$1,644/Month
Units Available
29 Rentals
If you’re looking for a great, affordable neighborhood in Kissimmee, Lake Tivoli might be the perfect place! It has an average rent price of $1,644, while the city’s average stands at $1,563. Lake Tivoli is near Valencia College, Osceola, Green Meadows Petting Farm, and Columbia Promenade.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.