Most Affordable Neighborhoods in Orlando, FL
Some of the cheapest neighborhoods in Orlando are Park Central, Florida Center North, and Conway. These neighborhoods offer some of the lowest rent prices in Orlando, making them ideal for renters on a budget. As of April 13, 2025, the average rent in Orlando is $1,588, which is 1% 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.
Park Central
Average Rent
$1,381/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
26/100
Units Available
226 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.
Florida Center North
Average Rent
$1,516/Month
Year-Over-Year Rent Change
3.7%
TransitScore® Rating
32/100
Units Available
207 Rentals
Florida Center North is an affordable neighborhood in Orlando with an average rent price of $1,516. Compare this to the city average of $1,588. In the past year, rent prices have increased by 3.7%. Florida Center North provides easy access to Orlando Sanford International, University of Central Florida, and Cypress Grove Park. It’s a car-dependent neighborhood with a WalkScore® of 42.
Conway
Average Rent
$1,546/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
23/100
Units Available
196 Rentals
Renters searching for housing in Conway have access to convenient public transportation that connects residents to downtown Orlando. In addition, numerous parks, such as Barber Park and nearby Lake George, offer opportunities for outdoor activity. Combining affordability with convenience, Conway provides an excellent place to call home without stretching your budget.
South Orlando
Average Rent
$1,602/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
66/100
Units Available
1,072 Rentals
South Orlando in Orlando, Florida, offers a variety of cheap apartments ideal for budget-conscious renters. The neighborhood has convenient access to public transportation into the city and numerous parks for outdoor activities. Additionally, nearby shopping centers, such as the Mall at Millenia and the Florida Mall, make daily living both convenient and enjoyable.
Metro West
Average Rent
$1,615/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
23/100
Units Available
445 Rentals
Metro West in Orlando, Florida, is known for its affordable rental prices and excellent public transportation options for an easy commute into the city. Nearby parks with fishing, camping, and boating opportunities enhance the appeal of living in this area.
East Orlando
Average Rent
$1,680/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
10/100
Units Available
703 Rentals
If you’re looking for a great, affordable neighborhood in Orlando, East Orlando might be the perfect place! It has an average rent price of $1,680, while the city’s average stands at $1,588. In the last year, prices have decreased by 2.5%. East Orlando is near Shops at Avalon Chase, Orlando International, and Town Center at Timber Springs.
West Orlando
Average Rent
$1,710/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
67/100
Units Available
949 Rentals
West Orlando is the perfect location for outdoor enthusiasts. Bill Frederick Park, Barnett Park, and Magnolia Park are all within a short drive, offering scenic walking and biking trails. The neighborhood provides access to public transportation, as well as shopping centers and dining spots that ensure everything you need is within easy reach.
Millenia
Average Rent
$1,761/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
27/100
Units Available
303 Rentals
Millenia in Orlando, Florida, is a top choice for renters looking for cheap apartments in the city. The neighborhood features excellent public transportation around the city and proximity to the Mall at Millenia, providing convenient shopping and dining experiences. Parks and recreational areas nearby offer ample opportunities for outdoor enjoyment.
I Drive Orlando
Average Rent
$1,846/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
70/100
Units Available
2,065 Rentals
International Drive is located between the world-renowned Walt Disney World and Universal Studios. Needless to say, this neighborhood has plenty of shopping, dining, and easily accessible entertainment for every renter. Outside of attractions, International Drive is also home to grocery stores, schools, and convenience stores that lie on the neighborhood outskirts. Public transportation is available, enhancing the convenience and livability of this affordable area.
Universal
Average Rent
$1,851/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
22/100
Units Available
350 Rentals
Universal is a top choice for budget-conscious renters for a variety of reasons. The average rent in Universal is $1,851 while the city average is $1,588. This is a 0.8% difference from last year. Residents enjoy convenient access to Shadow Bay Park, Everest Univ., South Orlando, and Valencia C.C., West Campus. The neighborhood is considered car-dependent with a WalkScore® of 44.
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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.