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Apartments under $500 for Rent in Orlando, FL

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Living & Renting in Orlando

Orlando at a Glance

Average Rent

$1,575
(All bedrooms and property types)
Learn more about
Average Rent in Orlando
7

School Rating

out of 10 Rating
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Schools in Orlando

Orlando, FL Apartments for Rent

Orlando is Florida's fourth-most populous city and the county seat of Orange County, recognized as one of the world's most-visited destinations with over 75 million annual visitors drawn to its world-famous theme parks and attractions. If you're searching for apartments for rent in Orlando, you'll discover Central Florida's entertainment capital, where Walt Disney World, Universal Studios, and SeaWorld create an exciting backdrop of opportunity that attracts renters from across the globe.

Renting in Orlando offers diverse neighborhoods and a strong job market anchored by major employers like Disney, Universal, AdventHealth, and the University of Central Florida. Popular areas like Lake Nona offer modern planned communities with easy access to tech and healthcare jobs, while Downtown Orlando provides walkable high-rise living near restaurants and nightlife. The city's excellent transportation network includes major highways like I-4, the SunRail transit system, and Orlando International Airport, making commutes and travel convenient for residents across the metro area's 120 square miles.

Why Orlando?

  • Home to theme parks like Walt Disney World, Universal Studios, and much more
  • Convenient to both Atlantic and Gulf Coast beaches
  • Cultural amenities like Doctor Phillips Center for the Performing Arts
  • Great retail centers on Colonial Drive and International Drive
  • Beautiful weather throughout the year with plenty of outdoor activities available on its many lakes

Renting in Orlando

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Orlando

(For 1 bedroom apartments)

Education

GreatSchools Rating

Public High School

Public
Grades 9-12
Students
GreatSchools Rating

Public High School

Public
Grades 9-12
Students
GreatSchools Rating

Public High School

Public
Grades 9-12
Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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