Cheapest Neighborhoods in Orlando, FL
Some of the cheapest neighborhoods in Orlando are Lake Jasmine, Lake Ellenor, and Lake Mann. These neighborhoods offer some of the lowest rent prices in Orlando, making them ideal for renters on a budget. As of July 9, 2026, the average rent in Orlando is $1,592, which is 0.4% 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.
Lake Jasmine
Average Rent
$935/Month
Year-Over-Year Rent Change
10.5%
Units Available
65 Rentals
If you’re looking for a great, affordable neighborhood in Orlando, Lake Jasmine might be the perfect place! It has an average rent price of $935, while the city’s average stands at $1,592. In the last year, prices have decreased by 10.5%. Lake Jasmine is near Robinson Observatory, Orlando Sanford International, and 4973 S Orange Ave.
Lake Ellenor
Average Rent
$1,131/Month
Year-Over-Year Rent Change
0.5%
Units Available
27 Rentals
Lake Ellenor is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lake Ellenor is $1,131 while the city average is $1,592. This is a -0.5% difference from last year. Residents enjoy convenient access to Valencia College, West Campus, Orlando Sanford International, and Airport Lakes Park.
Lake Mann
Average Rent
$1,183/Month
Year-Over-Year Rent Change
6%
Units Available
48 Rentals
When you’re looking for a great Orlando neighborhood on a budget, check out Lake Mann. The average rent is $1,183, compared to the city average of $1,592. Rent prices have increased by 6%. Lake Mann is convenient to Florida Hospital College, Bruton Village Shopping Center, and Orlo Vista Park.
Holden
Average Rent
$1,232/Month
Units Available
31 Rentals
Holden is an affordable neighborhood in Orlando with an average rent price of $1,232. Compare this to the city average of $1,592. Holden provides easy access to Orange Blossom Center, Fort Gatlin Recreation Complex, and Delaney Park.
Hiawassee
Average Rent
$1,237/Month
Year-Over-Year Rent Change
0.2%
Units Available
37 Rentals
If you’re looking for a great, affordable neighborhood in Orlando, Hiawassee might be the perfect place! It has an average rent price of $1,237, while the city’s average stands at $1,592. In the last year, prices have decreased by 0.2%. Hiawassee is near Park Promenade Shopping Center, Clarcona Horse Park, and Westgate Square.
Rosemont
Average Rent
$1,249/Month
Year-Over-Year Rent Change
2.7%
Units Available
72 Rentals
Rosemont is a top choice for budget-conscious renters for a variety of reasons. The average rent in Rosemont is $1,249 while the city average is $1,592. This is a 2.7% difference from last year. Residents enjoy convenient access to Orlando Sanford International, Lake Ivanhoe Park, and Florida Hospital College.
Dover
Average Rent
$1,296/Month
Year-Over-Year Rent Change
0.3%
Units Available
32 Rentals
When you’re looking for a great Orlando neighborhood on a budget, check out Dover. The average rent is $1,296, compared to the city average of $1,592. Rent prices have decreased by 0.3%. Dover is convenient to Orlando Sanford International, Valencia C, Public Safety, and Semoran Plaza.
Lake Terrace
Average Rent
$1,310/Month
Year-Over-Year Rent Change
6.9%
Units Available
12 Rentals
Lake Terrace is an affordable neighborhood in Orlando with an average rent price of $1,310. Compare this to the city average of $1,592. In the past year, rent prices have decreased by 6.9%. Lake Terrace provides easy access to Orlando International, Delaney Park, and Mayor Carl T. Langford Park.
Park Central
Average Rent
$1,311/Month
Year-Over-Year Rent Change
0.1%
Units Available
266 Rentals
Park Central in Orlando, Florida, is the perfect spot for renters on the hunt for cheap apartments in the area. Affordable living options are abundant in this neighborhood, making it a prime destination for budget-conscious renters. The neighborhood offers easy access to public transportation and major roads such as I-4, so residents can reach downtown Orlando and surrounding attractions easily, such as Walt Disney World, SeaWorld Orlando, and Universal Studios.
Westside
Average Rent
$1,316/Month
Units Available
86 Rentals
If you’re looking for a great, affordable neighborhood in Orlando, Westside might be the perfect place! It has an average rent price of $1,316, while the city’s average stands at $1,592. Westside is near University of Central Florida, Valencia College, West Campus, and 5233 Old Winter Garden Rd.
Ready to make your move to Orlando? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.