The 10 Cheapest Orlando, FL Neighborhoods To Live In For 2024


The cheapest Orlando neighborhoods are Orlando Executive and West Colonial for 2024 based on Saturday Night Science.

By: Chris Kolmar | About HomeSnacks
Last Updated: January 27, 2024
Worst Neighborhoods In Orlando
Source: Wikipedia User Miosotis Jade | CC BY-SA 4.0

Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Orlando might be more expensive than living in rural Florida, there are certain neighborhoods that are definitely cheaper.

What exactly are those Orlando neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in Orlando are the cheapest using Saturday Night Science.

The Cheapest Neighborhoods In Orlando For 2024

  1. Orlando Executive
  2. West Colonial
  3. Richmond Estates
  4. Malibu Groves
  5. Dover Shores East
  6. Rock Lake
  7. Englewood Park
  8. Hibiscus
  9. The Dovers
  10. Colonial Town Center

What’s the cheapest neighborhood to live in Orlando for 2024? According to the most recent census data, Orlando Executive looks to be the cheapest Orlando neighborhood to live in.

At this point, we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Orlando. You could be sacrificing location or crime rates for more space and cheaper groceries.

Read on to see how we determined the places around Orlando that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Orlando.

For more Florida reading, check out:

Table Of Contents: Top Ten | Methodology | Summary | Table

The 10 Cheapest Neighborhoods To Live In Orlando For 2024

1. Orlando Executive

Overall SnackAbility

3
/10

Population: 783
Cost Of Living Index: 88 (19th cheapest)
Home Value To Income Ratio: 2.5 (16th cheapest)
Rent To Income Ratio: 0.0 (cheapest)
More on Orlando Executive: Data | Real Estate

2. West Colonial

Overall SnackAbility

3
/10

Population: 1,924
Cost Of Living Index: 93 (42nd cheapest)
Home Value To Income Ratio: 2.4 (10th cheapest)
Rent To Income Ratio: 0.013 (10th cheapest)
More on West Colonial: Data | Real Estate

3. Richmond Estates

Overall SnackAbility

2
/10

Population: 1,132
Cost Of Living Index: 87 (13th cheapest)
Home Value To Income Ratio: 2.0 (3rd cheapest)
Rent To Income Ratio: 0.021 (48th cheapest)
More on Richmond Estates: Data | Real Estate

4. Malibu Groves

Overall SnackAbility

2
/10

Population: 1,140
Cost Of Living Index: 86 (10th cheapest)
Home Value To Income Ratio: 2.1 (6th cheapest)
Rent To Income Ratio: 0.021 (50th cheapest)
More on Malibu Groves: Data | Real Estate

5. Dover Shores East

Overall SnackAbility

6
/10

Population: 1,691
Cost Of Living Index: 93 (42nd cheapest)
Home Value To Income Ratio: 2.5 (17th cheapest)
Rent To Income Ratio: 0.014 (14th cheapest)
More on Dover Shores East: Data | Real Estate

6. Rock Lake

Overall SnackAbility

4
/10

Population: 1,040
Cost Of Living Index: 82 (4th cheapest)
Home Value To Income Ratio: 3.1 (32nd cheapest)
Rent To Income Ratio: 0.02 (4cheapest)
More on Rock Lake: Data | Real Estate

7. Englewood Park

Overall SnackAbility

5
/10

Population: 9,224
Cost Of Living Index: 89 (25th cheapest)
Home Value To Income Ratio: 2.4 (12th cheapest)
Rent To Income Ratio: 0.021 (52nd cheapest)
More on Englewood Park: Data | Real Estate

8. Hibiscus

Overall SnackAbility

4
/10

Population: 264
Cost Of Living Index: 90 (30th cheapest)
Home Value To Income Ratio: 2.5 (15th cheapest)
Rent To Income Ratio: 0.021 (53rd cheapest)
More on Hibiscus: Data | Real Estate

9. The Dovers

Overall SnackAbility

4
/10

Population: 414
Cost Of Living Index: 96 (52nd cheapest)
Home Value To Income Ratio: 2.9 (28th cheapest)
Rent To Income Ratio: 0.015 (20th cheapest)
More on The Dovers: Data | Real Estate

10. Colonial Town Center

Overall SnackAbility

6
/10

Population: 1,664
Cost Of Living Index: 98 (56th cheapest)
Home Value To Income Ratio: 2.3 (8th cheapest)
Rent To Income Ratio: 0.019 (36th cheapest)
More on Colonial Town Center: Data | Real Estate

Methodology: How We Determined The Cheapest Orlando Hoods In 2024

To rank the cheapest places to live in Orlando, we had to determine what criteria define “cheap” and then apply Saturday Night Science.

Using Census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 97 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In Orlando.” We’re lookin’ at you, Orlando Executive.

We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Orlando. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.

Summary: Lowest Cost Places To Live In Orlando

If you’re measuring the neighborhoods in Orlando where prices are low, and it’s cheap to live, this is an accurate list.

The most affordable neighborhoods in Orlando are Orlando Executive, West Colonial, Richmond Estates, Malibu Groves, Dover Shores East, Rock Lake, Englewood Park, Hibiscus, The Dovers, and Colonial Town Center.

As mentioned earlier, the neighborhoods in Orlando aren’t all cheap. Windhover takes the title of the most expensive neighborhood to live in Orlando.

The most expensive neighborhoods in Orlando are Windhover, Kirkman South, Orlando International Airport, Colonicaltown South, and Crescent Park.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more Florida reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Orlando For 2024

Rank Neighborhood Cost Of Living Index
1 Orlando Executive 88
2 West Colonial 93
3 Richmond Estates 87
4 Malibu Groves 86
5 Dover Shores East 93
6 Rock Lake 82
7 Englewood Park 89
8 Hibiscus 90
9 The Dovers 96
10 Colonial Town Center 98
11 Lake Frendrica 85
12 Audubon Park 99
13 Boggy Creek 95
14 Lake Mann Gardens 87
15 Pershing 84
16 Lake Formosa 119
17 Park Central 94
18 Orwin Manor 120
19 33rd Saint Industrial 88
20 Princeton-Silver Star 108
21 Florida Center North 89
22 Lake Mann Estates 88
23 Roosevelt Park 87
24 North Orange 109
25 Dover Estates 93
26 Vista East 100
27 Kirkman North 90
28 Lake Weldona 119
29 Airport North 92
30 Washington Shores 87
31 Lancaster Park 123
32 Lake Richmond 88
33 Bel Air 105
34 Richmond Heights 88
35 Delancy Park 109
36 Ventura 89
37 Eagles Nest 88
38 Millenia 91
39 Coytown 98
40 Wedgewood Groves 97
41 Southern Oaks 104
42 Pineloch 99
43 South Orange 95
44 Lake Sunset 85
45 Lorna Doone 83
46 Central Business District 105
47 Countryside 88
48 College Park 116
49 Rosemont North 89
50 New Malibu 87
51 Lake Underhill 102
52 Baldwin Park 114
53 Mercy Drive 82
54 Dixie Belle 93
55 Rosemont 85
56 Lake Davis-Greenwood 118
57 Carver Shores 89
58 Wadeview Park 91
59 Lake Nona Central 124
60 Metro West 98
61 Camellia Gardens 90
62 Lake Fairview 93
63 Florida Center 100
64 The Willows 93
65 Lake Como 106
66 Lake Copeland 102
67 Thornton Park 115
68 Dover Shores West 99
69 Lake Nona South 124
70 City Of Orlando-Goaa 124
71 Lake Nona Estates 124
72 Monterey 93
73 Lake Terrace 99
74 Dover Manor 96
75 Holden-Parramore 81
76 Palomar 106
77 South Semoran 95
78 Bryn Mawr 97
79 Seaboard Industrial 93
80 Colonicaltown North 103
81 Lawsona-Fern Creek 112
82 Mariners Village 95
83 Westfield 81
84 Catalina 90
85 Clear Lake 90
86 Lake Shore Village 106
87 Park Lake-Highland 109
88 Rio Grande Park 92
89 Lake Eola Heights 111
90 Lake Cherokee 106
91 Signal Hill 91
92 East Central Park 102
93 Crescent Park 100
94 Colonicaltown South 108
95 Orlando International Airport 110
96 Kirkman South 101
97 Windhover 100
About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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