Orlando, FL Rental Market Trends

Highlights

The average rent for an apartment in Orlando is $1,256, a 4% increase compared to the previous year, when the average rent was $1,203.

Studio apartments in Orlando rent for $952 a month, while 1-bedroom apartments ask on average $1,109 a month; the average rent for a 2-bedroom apartment is $1,339.

Average Rent in Orlando, FL

Last updated Dec 2018
All rentals Studio 1 Bed 2 Beds 3 Beds
Average Rent $1,256 $952 $1,109 $1,339 $1,591
Y-o-Y Change 4% 1% 4% 5% 6%
Average Apartment Size 932 sq. ft. 484 sq. ft. 730 sq. ft. 1,066 sq. ft. 1,329 sq. ft.

The average size for a Orlando apartment is 932 square feet, but this number varies greatly depending on apartment type. A studio averages 484 sq. ft., while a one-bedroom apartment offers a more generous square footage: 730. 2-bedroom apartments in Orlando have an average size of 1,066 sq. ft.

Orlando, FL Apartment Rent Ranges

  • $501-$70016%
  • $701-$1,00051%
  • $1,001-$1,50029%
  • $1,501-$2,0004%

Orlando, FL Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Dec / 2018 $1,256 $952 $1,109 $1,339 $1,591
Jan / 2018 $1,253 $951 $1,106 $1,336 $1,587
Sept / 2017 $1,232 $955 $1,089 $1,313 $1,545
May / 2017 $1,203 $939 $1,069 $1,278 $1,503
Jan / 2017 $1,159 $879 $1,017 $1,239 $1,462
Sept / 2016 $1,160 $868 $1,014 $1,245 $1,464
May / 2016 $1,151 $875 $1,005 $1,236 $1,448
Jan / 2016 $1,128 $849 $986 $1,213 $1,411
Sept / 2015 $1,099 $836 $955 $1,177 $1,407
May / 2015 $1,055 $812 $910 $1,134 $1,354
/

Average Rent in Orlando, FL By Neighborhood

Baldwin Park
$1,725
Lawsona - Fern Creek
$1,635
Downtown Orlando
$1,587
Lake Davis - Greenwood
$1,547
Florida Center
$1,485
Windhover
$1,485
Audubon Park
$1,476
Colonial Town Center
$1,476
Colonialtown North
$1,476
Colonialtown South
$1,476
Coytown
$1,476
East Central Park
$1,476
Lake Formosa
$1,476
Lake Underhill
$1,476
Orlando Executive Airport
$1,476
Orwin Manor
$1,476
Rose Isle
$1,476
Rowena Gardens
$1,476
North Orange
$1,467
Lake Fairview
$1,346
Dover Shores West
$1,322
Lake Como
$1,322
Metro West
$1,312
Kirkman South
$1,290
Vista East
$1,206
Countryside
$1,191
Lake Fredrica
$1,191
Ventura
$1,191
Engelwood Park
$1,172
Airport North
$1,166
Dixie Belle
$1,166
South Semoran
$1,166
Camellia Gardens
$1,158
Millenia
$1,158
Rio Grande Park
$1,153
Florida Center North
$1,153
Carver Shores
$1,144
Eagles Nest
$1,144
Industrial
$1,144
Kirkman North
$1,144
Lake Mann Garden
$1,144
Lake Richmond
$1,144
Malibu Groves
$1,144
New Malibu
$1,144
Richmond Estates
$1,144
Richmond Heights
$1,144
Roosevelt Park
$1,144
Timberleaf
$1,144
Azalea Park
$1,128
Hibiscus
$1,128
Monterey
$1,128
The Dovers
$1,128
Dover Manor
$1,120
Dover Shores East
$1,120
Bel Air
$1,118
Delaney Park
$1,118
Lake Copeland
$1,118
Lake Holden
$1,118
Lake Terrace
$1,118
Lake Weldona
$1,118
Lancaster Park
$1,118
Pineloch
$1,118
Sodo
$1,118
Southern Oaks
$1,118
Wadeview Park
$1,118
Conway
$1,114
Bryn Mawr
$1,112
Dover Estates
$1,112
Mariners Village
$1,112
Wedgewood Groves
$1,112
South Division
$1,104
Rosemont
$1,055
West Colonial
$1,025
Princeton - Silver Star
$913
Mercy Drive
$871
Rosemont North
$871
Seaboard Industrial
$871
Signal Hill
$871
The Willows
$871
/
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The most affordable neighborhoods in Orlando are Mercy Drive, where the average rent goes for $871/month, Rosemont North, where renters pay $871/mo on average, and Seaboard Industrial, where the average rent goes for $871/mo. If you’re looking for other great deals, check out the listings from Signal Hill ($871), The Willows ($871), and Princeton - Silver Star ($913), where the asking prices are below the average Orlando rent of $1,256/mo.

The most expensive neighborhoods in Orlando are Downtown Orlando ($1,587), Lawsona - Fern Creek ($1,635) and Baldwin Park ($1,725).

Orlando | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Airport North is 21% lower than in Audubon Park

$1,166

Airport North rent is 7% lower than Orlando average

All rentals $1,166
Studio $878
1 Bed $1,036
2 Beds $1,259
3 Beds $1,476
$1,476

Audubon Park rent is 17% higher than Orlando average

All rentals $1,476
Studio $586
1 Bed $1,301
2 Beds $1,681
3 Beds $2,204

How Does Orlando Compare to Nearby Cities

Average Rent Y-o-Y Change
Pine Hills $1,050 5%
Orlando $1,256 4%
Winter Park $1,173 4%
Maitland $1,410 12%
Ocoee $1,343 6%
Alafaya $1,372 5%
South Apopka $1,232 1%
Apopka $1,210 1%
University $1,794 3%
Meadow Woods $1,502 0%
Winter Garden $1,390 5%

For more information about the Orlando rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Orlando apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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