While all other things remain the same, we can all say that a less expensive place to live is better than a more expensive one.
I’d rather pay $500 a month for rent than $1,000 a month. Also, I’d rather pay $2 for coffee than $5.
And while some places in Orlando might be more expensive than living in the country in Florida, some are definitely less expensive.
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In what parts of Orlando can you get a one-bedroom apartment instead of a studio apartment for the same price?
We didn’t want to rely on guesses and general opinions. Instead, we wanted to find out which Orlando neighborhoods are the cheapest by using Saturday Night Science.
The Cheapest Neighborhoods In Orlando For 2024
- Orlando Executive
- West Colonial
- Richmond Estates
- Malibu Groves
- Dover Shores East
- Rock Lake
- Englewood Park
We should make it clear right now that you do get what you pay for. These Orlando areas might not be the best places to live. For more room and cheaper groceries, you might have to give up a good location or a low crime rate.
You might be interested in the worst areas in Orlando. If so, keep reading to find out how we chose the places around Orlando that are worth bragging about.
1. Orlando Executive
- SnackAbility as a Whole 3/10
- Seventy-three people
- Score for cost of living: 88 (19th lowest)
- Rate of Home Value to Income: 2.5 (16th lowest)
- Rate of Rent to Income: 0 (lowest)
2. West Colonial
- SnackAbility 3/10
- Population as a Whole: 1,924
- Score for cost of living: 93 (42nd lowest)
- Rate of Home Value to Income: 2.4 (10th lowest)
- Rate of Rent to Income: 0.013 (10th lowest)
3. Richmond Estates
- SnackAbility as a Whole 2/10
- No. of people: 1,132
- The score for cost of living: 87 (thirteenth lowest)
- Rate of Home Value to Income: 2.0 (3rd lowest)
- Rate of rent to income: 0.021 (48th lowest)
4. Malibu Groves
- SnackAbility as a Whole 2/10
- List of people: 1,140
- Score for cost of living: 86 (10th lowest)
- Rate of Home Value to Income: 2.1 (6th lowest)
- Rate of rent to income: 0.021 (50th lowest)
5. East Dover Shores
- Overall, SnackAbility gets a 6/10.
- No. of people: 1,691
- Score for cost of living: 93 (42nd lowest)
- Rate of Home Value to Income: 2.5 (17th lowest)
- Rate of rent to income: 0.014 (14th lowest)
6. Lake Rock
- Overall, SnackAbility gets a 4/10.
- Total people: 1,040
- Prices of living: 82 (4th cheapest)
- Rate of Home Value to Income: 3.1 (32nd lowest)
- The ratio of rent to income: 0.02% (4th cheapest)
7. Englewood Park
- SnackAbility as a Whole 5/10
- 9,224 people live there.
- Score for cost of living: 89 (25th lowest)
- Rate of Home Value to Income: 2.4 (12th lowest)
- Rate of Rent to Income: 0.021 (52nd lowest)
Read More:
Five Of The Best Places To Live In South Carolina In 2024
In Summary
To find the least expensive places to live in Orlando for 2024, HomeSnacks goes to Saturday Night Science. Orlando Executive, West Colonial, Richmond Estates, Malibu Groves, Dover Shores East, Rock Lake, and Englewood Park are all on the list. Even though these places might not have the best general living conditions, they do offer affordable options for people who want to live there. The rankings look at things like cost of living, home value to income ratio, and rent to income ratio. This helps people make decisions based on their own preferences and priorities, like whether they want more space or lower grocery costs.
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