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3 Bedroom Apartments for Rent in Orlando, FL - 72 Rentals available


Orlando’s average rent reached $1,391 in October

Orlando’s average rent reached $1,391 in October, after a 3.5% decrease since last year. One of Florida’s largest job hubs and a renter household-majority city (65%), Orlando is a desirable place to live and work in, with apartment prices below the national average of $1,464. [View Full Report]

Orlando apartment rent report

Orlando’s average rent was $1,391 in October

Orlando’s average rent reached $1,391 in October, after a 3.5% decrease since last year. One of Florida’s largest job hubs and a renter household-majority city (65%), Orlando is a desirable place to live and work in, with apartment prices below the national average of $1,464.

Orlando’s rent growth compared to surrounding cities

The average rent for an apartment in Orlando saw a greater decrease than in Kissimmee ($1,346), where prices went down by 1.5% since last year. On the other hand, in other surrounding cities, such as Sanford ($1,213), rent went up by 0.4%.

What it costs to rent in the largest renter hubs in the Orlando area

The city with the largest renter share is Orlando (65%), followed by Altamonte Springs and Kissimmee, where 59% of homes are renter households. In Altamonte Springs, apartment rents increased by 1.8% since last year, reaching $1,274. Sanford has the third largest share of renters (49%). In Maitland, where 48% of residents lease their home, the average rent is $1,621, going down by 0.5% in the past year.

The priciest and cheapest cities for renters in the Orlando area

Oviedo is the priciest city for renters in the Orlando area, with apartments renting for $1,756 per month. The average rent for apartments in Maitland is $1,621, the second most expensive, while Winter Garden ($1,476) comes in third.

For renters in search of budget-friendly apartments, Sanford’s $1,213 average rent is the cheapest in the Orlando area followed by Casselberry’s $1,217 rate. Altamonte Springs rentals are the third least pricey on the list, with a $1,274 average.

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RENTCafé to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Orlando, FL Demographics

  • Total Population275,690
  • Female 132,885
    Male 142,805
  • Median Age33.5

Average Rent in Orlando, FL

  • Orlando, FL Average Rental Price, February 2020 $1,435 /mo

    Orlando, FL Apartment Rent Ranges

    • $701-$1,00011%
    • $1,001-$1,50055%
    • $1,501-$2,00026%
    • > $2,0008%

    Orlando, FL Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
    Orlando, FL $1,239 $1,237 $1,281 $1,305 $1,338 $1,391 $1,397 $1,405 $1,439 $1,438 $1,435
    National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
    /

    Orlando, FL Households

    • Total Number of Households111,674
    • Family 60,022
      Non-family 51,652
    • Children 31,454
      No Children 80,220
    • Average People Per Household2.45
    • Median Household Income$48,511
    • Median Housing Costs Per Month$1,150

    Orlando, FL Education Statistics

    • No High School3%
    • Some High School29%
    • Some College25%
    • Associate Degree10%
    • Bachelor Degree22%
    • Graduate Degree10%

    Renting a 3 bedroom apartment in Orlando, FL

    With 23 apartments in Orlando, FL, it can be hard finding just the right 3 bedroom apartment. Before you even start thinking about size, price and features, you have to choose a neighborhood. And that’s no easy task, considering that, depending on the area, you get a wide range of rentals in Orlando, FL, from very cheap to very expensive. Then you also have to factor in the distance to work, kindergarten and/or school. It’s an important decision, as most likely you’re going to spend the next couple of years in this apartment with your family. You are not just searching for an apartment to live in, you’re searching for a home. The internet is supposed to help, but it only confuses you further with redundant lists of things you should pay attention to. We know the feeling very well. Let us give you just one piece of advice: take the rational path and get your priorities right. The only person who knows what type of apartment you need is you. Create a mental or written list of things you absolutely cannot live without, filter accordingly. If a balcony or a garage is absolutely crucial, then head on to the filters section and check the ones you want. This way you will save time by skipping the apartments that don’t meet your criteria.

    Is choosing a cheap apartment worth it?

    There are certainly plenty of options among our 23 available units in Orlando, FL if you’re considering also cheap 3 bedroom apartments. But are they worth considering? Certainly. Yet, you should not get carried away with very low prices, as your decision is not affecting only you. Most probably you’re moving with a family, and for the next few years this will be the place where your children will create memories. Good or bad. Remember how much you hated staying between four walls when you were a kid? Are there any playgrounds or parks around? Neighborhood amenities are important too. Cheap apartments in Orlando, FL have low prices mostly because of their location. Take into account your morning commute. With children morning commutes are quite long anyway, so moving to that amazing apartment in Rosemont can quickly become a drag if it’s on the opposite end of town than your job or the oldest one’s school. That being said, cheap apartments can be really good deals, but not at any price.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!