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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Orlando, FL Rental Market Trends

Highlights

The average rent for an apartment in Orlando is $1,435, a 2% increase compared to the previous year.

Average Rent in Orlando, FL

Last updated February 2020
Average Rent Y-o-Y Change Average Apartment Size
$1,435 2% 962 sq. ft.

The average size for a Orlando, FL apartment is 962 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

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

Orlando, FL Occupied Housing Units

  • Renter-occupied Households46%
  • Owner-occupied Households53%

51,652 or 46% of the households in Orlando, FL are renter-occupied while 60,022 or 53% are owner-occupied.

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
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Average Rent in Orlando, FL By Neighborhood

Neighborhood Average Rent
The Willows $966
Signal Hill $966
Seaboard Industrial $966
Rosemont North $966
Mercy Drive $966
Princeton - Silver Star $997
Rosemont $1,123
West Colonial $1,137
Wedgewood Groves $1,172
Mariners Village $1,172
Dover Estates $1,172
Bryn Mawr $1,172
Dover Shores East $1,207
Dover Manor $1,207
Conway $1,209
The Dovers $1,239
Monterey $1,239
Hibiscus $1,239
Azalea Park $1,239
Millenia $1,256
Camellia Gardens $1,256
Rio Grande Park $1,258
South Semoran $1,261
Dixie Belle $1,261
Airport North $1,261
Florida Center North $1,262
Timberleaf $1,274
Roosevelt Park $1,274
Richmond Heights $1,274
Richmond Estates $1,274
New Malibu $1,274
Malibu Groves $1,274
Lake Richmond $1,274
Lake Mann Garden $1,274
Kirkman North $1,274
Industrial $1,274
Eagles Nest $1,274
Carver Shores $1,274
Wadeview Park $1,277
Southern Oaks $1,277
Sodo $1,277
Pineloch $1,277
Lancaster Park $1,277
Lake Weldona $1,277
Lake Terrace $1,277
Lake Holden $1,277
Lake Copeland $1,277
Delaney Park $1,277
Bel Air $1,277
Engelwood Park $1,280
South Division $1,284
Ventura $1,299
Lake Fredrica $1,299
Countryside $1,299
Vista East $1,311
Westfield $1,321
Washington Shores $1,321
Rock Lake $1,321
Lorna Doone $1,321
Lake Sunset $1,321
Lake Mann Estates $1,321
Johnson Village $1,321
Holden Heights $1,321
Clear Lake $1,321
Catalina $1,321
Beltway Commerce Center $1,365
Lake Fairview $1,373
Vista Park $1,402
Spring Lake $1,406
Palomar $1,406
Lake Shore Village $1,406
College Park $1,406
Kirkman South $1,410
Metro West $1,418
Lake Como $1,459
Dover Shores West $1,459
City of Orlando - GOAA $1,527
Lake Nona $1,535
Southport $1,541
North Orange $1,575
Rowena Gardens $1,601
Rose Isle $1,601
Orwin Manor $1,601
Orlando Executive Airport $1,601
Lake Underhill $1,601
Lake Formosa $1,601
East Central Park $1,601
Coytown $1,601
Colonialtown South $1,601
Colonialtown North $1,601
Colonial Town Center $1,601
Audubon Park $1,601
Windhover $1,605
Florida Center $1,605
Lake Davis - Greenwood $1,631
Downtown Orlando $1,699
Lawsona - Fern Creek $1,717
Baldwin Park $1,808
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The most affordable neighborhoods in Orlando are Mercy Drive, where the average rent goes for $966/month, Rosemont North, where renters pay $966/mo on average, and Seaboard Industrial, where the average rent goes for $966/mo. If you’re looking for other great deals, check out the listings from Signal Hill ($966), The Willows ($966), and Princeton - Silver Star ($997), where the asking prices are below the average Orlando rent of $1,435/mo.

The most expensive neighborhoods in Orlando are Downtown Orlando ($1,699), Lawsona - Fern Creek ($1,717) and Baldwin Park ($1,808).

The most popular neighborhood in Orlando is Downtown Orlando, where there are 7 verified RENTCafé listings with an average rent of $1,699. Next up is Lake Nona, where apartments go for $1,535/month, followed by Metro West with $1,418 If you’re looking to rent in Orlando’s most popular neighborhoods, make sure to also check out Rosemont, where renters pay $1,123 on average, and Kirkman North, where the average monthly rent is $1,274.

Orlando | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

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

$1,261

Airport North rent is 12% lower than Orlando average

Average Rent $1,261
$1,601

Audubon Park rent is 12% higher than Orlando average

Average Rent $1,601

How Orlando Compares to Other Cities

Average Rent Y-o-Y Change
Jacksonville $1,109 4%
Tampa $1,359 5%
Miami $1,702 2%
Homestead $1,286 4%
Kissimmee $1,365 2%
Orlando $1,435 2%
Lakeland $1,084 4%
Pine Hills $1,123 1%
Altamonte Springs $1,222 n/a
Casselberry $1,218 2%
Winter Springs $1,325 -1%

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

Check out Florida Cities, Florida Neighborhoods and Florida Zip Codes for more details on verified listings, including the Florida Average Rent.

Curious about listings in your area? Check out our apartments near you for more details!

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.