Exploring Orlando’s Best Affordable Neighborhoods for Renters

Share this article:

Beyond the theme parks and tourist hotspots, Orlando is packed with awesome neighborhoods that offer both affordability and a fantastic quality of life. Whether you’re looking for a peaceful retreat or a lively community, there’s a spot for you in this lively city:

  • Rosemont
  • Ventura
  • Engelwood Park
  • South Semoran
  • Lake Fredrica

For renters, finding a great place to live at a reasonable price is important. Fortunately, several neighborhoods in Orlando provide budget-friendly options while still offering excellent amenities, accessibility and lively communities. So, let’s explore five of the best affordable neighborhoods in Orlando!

1. Rosemont

Average rent: $1,351

Rosemont stands out with an average rent of $1,351, positioning it among Orlando’s most budget-friendly neighborhoods. With its lush green spaces, including the popular Rosemont Preserve, this area offers renters a natural retreat within the city.

Here, the neighborhood’s community centers and parks provide ample opportunities for recreation and socializing to foster a tight-knit community atmosphere. Its strategic location also offers easy access to major highways, facilitating convenient commutes.​

2. Ventura

Average rent: $1,390

With an average rent of $1,390, Ventura presents a compelling option for those seeking affordable neighborhoods in Orlando. Specifically, as a gated golf community, Ventura attracts renters with a blend of recreational activities and serene living.

This particular neighborhood boasts an 18-hole golf course, tennis courts and walking trails to cater to active lifestyles. Plus, its proximity to downtown Orlando ensures that urban amenities are just a short drive away, making it a balanced choice for many renters.​

3. Engelwood Park

Average rent: $1,539

Engelwood Park’s average rent of $1,539 makes it yet another excellent choice for those seeking affordable neighborhoods in Orlando — especially those who are looking for a more family-friendly environment featuring parks, playgrounds and schools within walking distance.

Renters will also appreciate the area’s quiet streets and community events that enhance the suburban feel. At the same time, Engelwood Park’s proximity to shopping centers and eateries adds to the convenience of living in this neighborhood.​

4. South Semoran

Average rent: $1,568

With an average rent of $1,568, South Semoran is a lively neighborhood that appeals to renters who enjoy exploring. Notably, the area is known for its cultural diversity, which is reflected in the variety of dining options ranging from local eateries to international cuisines.

Renters here also benefit from numerous shopping centers, parks and proximity to Orlando International Airport, making travel convenient. Plus, the neighborhood’s active community associations also organize events that foster a sense of belonging among those living here.​

5. Lake Fredrica

Average rent: $1,630

Lake Fredrica offers an average rent of $1,630, making it a slightly higher-priced, but still affordable area in Orlando. This neighborhood is centered around the scenic Lake Fredrica, which provides renters with picturesque views and opportunities for water-based activities, like kayaking and fishing.

Lake Fredrica is also home to several well-maintained apartment complexes that offer amenities like swimming pools and fitness centers, and its location provides easy access to major roadways, ensuring that other parts of the city are within reach.​

Without a doubt, Orlando offers a variety of affordable neighborhoods that cater to different lifestyles and preferences. So, whether you’re drawn to the recreational amenities of Ventura, the green spaces of Rosemont, the cultural vibrancy of South Semoran, the scenic beauty of Lake Fredrica or the family-friendly environment of Engelwood Park, there’s a budget-friendly neighborhood waiting for you. Of course, Orlando has plenty of affordable neighborhoods to choose from, so take your time exploring to find a rental that suits your lifestyle and budget.

Or, if you’re curious about neighborhoods in other cities, check out similar articles on the best affordable neighborhoods in Vancouver, WA; Cincinnati; and Las Vegas.

Share this article:

Adina Dragos is a real estate writer and research analyst with RentCafe. She has solid experience in real estate writing, covering topics ranging from best cities for renters and the top cities for rental activity to cost of living. Her work was featured in several prominent media channels such as Axios, The Dallas Morning News, ConnectCre and The New York Times.

The Ready Renter has your back

Tips, news, and research curated for renters, straight to your inbox.

Something went wrong. Please check your entries and try again.
Mask group (1)
Group 50289
Mask group (2)
Group 50288

Related posts

Cityscape with the Rainbow Amphitheater by Lake Eola to illustrate public transport in Orlando, FL.

Public Transport in Orlando, FL: Everything You Need to Know as a Renter

Orlando‘s got everything going for it: year-round sunshine, incredible theme parks, and a job market that keeps growing. If you’re looking at apartments here, you’ve…

Scenic view of swan birds gracefully floating on the waters of Lake Eola Park in Orlando, Florida. Discover peaceful surroundings and vibrant city life near some of the best apartments in Orlando, ideal for those seeking comfort and nature in the heart of the city.

Renting an apartment in Orlando, FL? Ask these 5 key questions first

Orlando, FL, has quickly become one of the top picks for renters looking to relocate in 2025 as the city continues to attract renters from…

A shot of the skyline in Orlando, FL, a city where the cost of living is lower than state and national averages.

Cost of Living in Orlando, FL: What to Expect When Living Here as a Renter

Whether you’re drawn to the fun, sunny vibes of Orlando, FL, or the convenience of living near some of the country’s top attractions, getting a…

Enjoying this post?

Sign up for The Ready Renter newsletter

Something went wrong. Please check your entries and try again.