Most Affordable Neighborhoods in Orlando, FL
Some of the cheapest neighborhoods in Orlando are Legacy, Oak Ridge Manor, and Sky Lake. These neighborhoods offer some of the lowest rent prices in Orlando, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Orlando is $1,589, which is 0.2% higher 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.
Legacy
Average Rent
$1,013/Month
Units Available
18 Rentals
When you’re looking for a great Orlando neighborhood on a budget, check out Legacy. The average rent is $1,013, compared to the city average of $1,589. Legacy is convenient to University of Central Florida, Everest Univ., South Orlando, and Versail Plaza.
Oak Ridge Manor
Average Rent
$1,068/Month
TransitScore® Rating
0/100
Units Available
13 Rentals
Oak Ridge Manor is an affordable neighborhood in Orlando with an average rent price of $1,068. Compare this to the city average of $1,589. Oak Ridge Manor provides easy access to Bear Creek Recreation Complex, Everest Univ., South Orlando, and Fort Gatlin Recreation Complex. It’s a somewhat walkable neighborhood with a WalkScore® of 56.
Sky Lake
Average Rent
$1,077/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
1/100
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in Orlando, Sky Lake might be the perfect place! It has an average rent price of $1,077, while the city’s average stands at $1,589. In the last year, prices have increased by 0.8%. Sky Lake is near Valencia C.C., Downtown Center, Airport Lakes Park, and Sand Lake Plaza.
Pheasant Run at Rosemont Condominiums
Average Rent
$1,105/Month
TransitScore® Rating
28/100
Units Available
12 Rentals
Pheasant Run at Rosemont Condominiums is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pheasant Run at Rosemont Condominiums is $1,105 while the city average is $1,589. Residents enjoy convenient access to Clarcona Crossings, Clarcona Horse Park, and Lake Fairview Park. The neighborhood is considered car-dependent with a WalkScore® of 29.
Magellan Cove
Average Rent
$1,133/Month
Units Available
37 Rentals
When you’re looking for a great Orlando neighborhood on a budget, check out Magellan Cove. The average rent is $1,133, compared to the city average of $1,589. Magellan Cove is convenient to Shadow Bay Park, Barnett Park, and Valencia C.C., Downtown Center.
Lake Jasmine
Average Rent
$1,155/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
0/100
Units Available
35 Rentals
Lake Jasmine is an affordable neighborhood in Orlando with an average rent price of $1,155. Compare this to the city average of $1,589. In the past year, rent prices have increased by 2.9%. Lake Jasmine provides easy access to Valencia C.C., Downtown Center, Orlando International, and Robinson Observatory. It’s a car-dependent neighborhood with a WalkScore® of 47.
Lake Ellenor
Average Rent
$1,164/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
8/100
Units Available
27 Rentals
If you’re looking for a great, affordable neighborhood in Orlando, Lake Ellenor might be the perfect place! It has an average rent price of $1,164, while the city’s average stands at $1,589. In the last year, prices have increased by 4.3%. Lake Ellenor is near Clear Lake Park, Shoppes Of Southland, and Delaney Park.
Grandview Pointe
Average Rent
$1,191/Month
TransitScore® Rating
0/100
Units Available
76 Rentals
Grandview Pointe is a top choice for budget-conscious renters for a variety of reasons. The average rent in Grandview Pointe is $1,191 while the city average is $1,589. Residents enjoy convenient access to Everest Univ., South Orlando, Progress Plaza III, and Cypress Grove Park. The neighborhood is considered car-dependent with a WalkScore® of 13.
Holden
Average Rent
$1,198/Month
TransitScore® Rating
9/100
Units Available
15 Rentals
When you’re looking for a great Orlando neighborhood on a budget, check out Holden. The average rent is $1,198, compared to the city average of $1,589. Holden is convenient to Lorna Doone Park, Valencia C.C., Downtown Center, and Clear Lake Park. The community is somewhat walkable with a WalkScore® of 55.
Village Park at Lake Orlando
Average Rent
$1,207/Month
TransitScore® Rating
25/100
Units Available
18 Rentals
Village Park at Lake Orlando is an affordable neighborhood in Orlando with an average rent price of $1,207. Compare this to the city average of $1,589. Village Park at Lake Orlando provides easy access to Audubon Center for Birds of Prey, Seminole State, Altamonte, and Clarcona Crossings. It’s a car-dependent neighborhood with a WalkScore® of 11.
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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.