Orlando, FL Rental Market Trends
What is the average rent in Orlando?
The average rent for an apartment in Orlando is $1,905. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Orlando, FL
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,905 | 964 sq. ft. |
What is the average apartment size in Orlando?
The average size for a Orlando, FL apartment is 964 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Orlando, FL apartment rent ranges
Orlando, FL Occupied Housing Units
74,508 or 61% of the households in Orlando, FL are renter-occupied while 48,099 or 39% are owner-occupied.
Orlando, FL rent trends
Average Rent in Orlando, FL By Neighborhood
| City | Average Rent |
|---|---|
| Lake Shore Village | $2,241 |
| Spring Lake | $2,241 |
| Lake Nona | $2,092 |
| Downtown Orlando | $2,079 |
| Florida Center | $2,052 |
| Colonial Town Center | $2,019 |
| Colonialtown North | $2,019 |
| Metro West | $1,893 |
| Kirkman South | $1,874 |
| Vista East | $1,737 |
| Engelwood Park | $1,726 |
| Countryside | $1,725 |
| Lake Fredrica | $1,725 |
| Ventura | $1,725 |
| Eagles Nest | $1,707 |
| Kirkman North | $1,707 |
| Malibu Groves | $1,707 |
| Florida Center North | $1,693 |
| Millenia | $1,686 |
| Airport North | $1,673 |
| South Semoran | $1,673 |
| Lake Holden | $1,650 |
| Sodo | $1,650 |
| Wadeview Park | $1,650 |
| Conway | $1,589 |
| Lorna Doone | $1,585 |
| Mariners Village | $1,556 |
| West Colonial | $1,544 |
| Princeton - Silver Star | $1,529 |
| Mercy Drive | $1,347 |
| Seaboard Industrial | $1,347 |
/
/
What are the most affordable neighborhoods in Orlando?
The most affordable neighborhoods in Orlando are Mercy Drive, where the average rent goes for $1,347/month, Seaboard Industrial, where renters pay $1,347/mo on average, and Princeton - Silver Star, where the average rent goes for $1,529/mo. If you’re looking for other great deals, check out the listings from West Colonial ($1,544), Mariners Village ($1,556), and Lorna Doone ($1,585), where the asking prices are below the average Orlando rent of $1,905/mo.
What are the most expensive neighborhoods in Orlando?
The most expensive neighborhoods in Orlando are Lake Nona ($2,092), Lake Shore Village ($2,241) and Spring Lake ($2,241).
What are the most popular neighborhoods in Orlando?
The most popular neighborhood in Orlando is Downtown Orlando, where there are 7 listings with an average rent of $2,079. Next up is Kirkman South, where apartments go for $1,874/month, followed by Colonialtown North with $2,019 If you’re looking to rent in Orlando’s most popular neighborhoods, make sure to also check out Florida Center, where renters pay $2,052 on average, and South Semoran, where the average monthly rent is $1,673.
Orlando | Rent Comparison by Neighborhood
Rent in Airport North is 17% lower than in Colonial Town Center
$1,673
Airport North rent is 12% lower than Orlando average
Average Rent
$1,673
$2,019
Colonial Town Center rent is 6% higher than Orlando average
Average Rent
$2,019
How Orlando Compares to Other Cities
| State | Average Rent |
|---|---|
| Orlando | $1,905 |
| Miami Beach | $3,002 |
| Miami | $2,451 |
| Jacksonville | $1,504 |
| Clearwater | $1,790 |
| West Palm Beach | $2,232 |
| North Miami Beach | $2,419 |
| Tampa | $1,923 |
| Coral Gables | $2,890 |
| Gainesville | $1,671 |
| Green Cove Springs | $1,078 |
| Kissimmee | $1,828 |
What is the average price for a storage unit in Orlando?
The average rent for a non-climate-controlled 10'x10' storage unit in Orlando is $130.26. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Orlando
.jpg?width=480&quality=80)
RCLD Flex Florida Property
3921 Kenwood Place, Orlando, FL 32801| 1 BED | $1,000 |
| 2 BEDS | $19,000 |
| 3 BEDS | $1,000 |
4578 South Kirkman Road
Screening Prop, Orlando, FL 32811| 2 BEDS | $1,000 |
.png?width=480&quality=80)
1410 Altaloma Ave
1410 Altaloma Ave, Orlando, FL 32803| 3 BEDS | $2,800 |