Best Affordable Neighborhoods in Orlando, FL
Some of the cheapest neighborhoods in Orlando are Lake Jasmine, Sky Lake, and Lake Mann. These neighborhoods offer some of the lowest rent prices in Orlando, making them ideal for renters on a budget. As of May 25, 2026, the average rent in Orlando is $1,581, which is 1.4% 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.
Lake Jasmine
Average Rent
$975/Month
Year-Over-Year Rent Change
8.1%
Units Available
71 Rentals
Lake Jasmine is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lake Jasmine is $975 while the city average is $1,581. This is a -8.1% difference from last year. Residents enjoy convenient access to University of Central Florida, Robinson Observatory, and Versail Plaza.
Sky Lake
Average Rent
$1,021/Month
Year-Over-Year Rent Change
1.3%
Units Available
16 Rentals
When you’re looking for a great Orlando neighborhood on a budget, check out Sky Lake. The average rent is $1,021, compared to the city average of $1,581. Rent prices have increased by 1.3%. Sky Lake is convenient to Clear Lake Park, Fort Gatlin Recreation Complex, and Orlando International.
Lake Mann
Average Rent
$1,096/Month
Year-Over-Year Rent Change
0.1%
Units Available
56 Rentals
Lake Mann is an affordable neighborhood in Orlando with an average rent price of $1,096. Compare this to the city average of $1,581. In the past year, rent prices have decreased by 0.1%. Lake Mann provides easy access to Orlando Sanford International, Valencia College, Downtown, and Orlo Vista Park.
Lake Ellenor
Average Rent
$1,129/Month
Year-Over-Year Rent Change
1.4%
Units Available
31 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 $1,129, while the city’s average stands at $1,581. In the last year, prices have decreased by 1.4%. Lake Ellenor is near Shoppes Of Southland, Orlando Sanford International, and Fort Gatlin Recreation Complex.
Lake Weston
Average Rent
$1,180/Month
Year-Over-Year Rent Change
2.5%
Units Available
15 Rentals
Lake Weston is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lake Weston is $1,180 while the city average is $1,581. This is a -2.5% difference from last year. Residents enjoy convenient access to Orlando Science Center, Valencia College, Winter Park, and Edgewater Drive Shopping Center.
Rosemont
Average Rent
$1,236/Month
Year-Over-Year Rent Change
0.8%
Units Available
66 Rentals
When you’re looking for a great Orlando neighborhood on a budget, check out Rosemont. The average rent is $1,236, compared to the city average of $1,581. Rent prices have increased by 0.8%. Rosemont is convenient to Trotters Park, University of Central Florida, and Lake Ivanhoe Park.
Hiawassee
Average Rent
$1,244/Month
Year-Over-Year Rent Change
1.8%
Units Available
35 Rentals
Hiawassee is an affordable neighborhood in Orlando with an average rent price of $1,244. Compare this to the city average of $1,581. In the past year, rent prices have decreased by 1.8%. Hiawassee provides easy access to Barnett Park, Westgate Square, and Lake Fairview Park.
Holden
Average Rent
$1,248/Month
Units Available
38 Rentals
If you’re looking for a great, affordable neighborhood in Orlando, Holden might be the perfect place! It has an average rent price of $1,248, while the city’s average stands at $1,581. Holden is near 4100 Plaza, Orlando International, and Orange Blossom Center.
Dover
Average Rent
$1,264/Month
Year-Over-Year Rent Change
3.1%
Units Available
31 Rentals
Dover is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dover is $1,264 while the city average is $1,581. This is a -3.1% difference from last year. Residents enjoy convenient access to Orlando Sanford International, Curry Ford Centre, and Florida Hospital College.
West Oaks
Average Rent
$1,272/Month
Year-Over-Year Rent Change
1.4%
Units Available
107 Rentals
When you’re looking for a great Orlando neighborhood on a budget, check out West Oaks. The average rent is $1,272, compared to the city average of $1,581. Rent prices have decreased by 1.4%. West Oaks is convenient to Westland Terrace Plaza, Seminole State, Altamonte, and Valencia College, Downtown.
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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.