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 $1,388, a 3% decrease compared to the previous year.

Average Rent in Orlando, FL

Last updated January 2021

Average Rent	Y-o-Y Change	Average Apartment Size
$1,388	-3%	963 sq. ft.

The average size for a Orlando, FL apartment is 963 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-$1,00013%
$1,001-$1,50058%
$1,501-$2,00022%
> $2,0006%

Orlando, FL Occupied Housing Units

Renter-occupied Households45%
Owner-occupied Households54%

51,168 or 45% of the households in Orlando, FL are renter-occupied while 60,969 or 54% are owner-occupied.

Orlando, FL Rent Trends

Average Rent	Nov / 2017	Mar / 2018	Jul / 2018	Nov / 2018	Mar / 2019	Jul / 2019	Nov / 2019	Mar / 2020	Jul / 2020	Nov / 2020	Jan / 2021
Orlando, FL	$1,305	$1,338	$1,391	$1,397	$1,405	$1,439	$1,438	$1,432	$1,413	$1,391	$1,388
National	$1,309	$1,311	$1,342	$1,351	$1,356	$1,388	$1,395	$1,397	$1,389	$1,392	$1,392

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Orlando, FL By Neighborhood

Neighborhood	Average Rent
Baldwin Park	$1,794
Lawsona - Fern Creek	$1,658
Downtown Orlando	$1,643
Lake Davis - Greenwood	$1,598
Florida Center	$1,532
Windhover	$1,532
Audubon Park	$1,522
Colonial Town Center	$1,522
Colonialtown North	$1,522
Colonialtown South	$1,522
Coytown	$1,522
East Central Park	$1,522
Lake Formosa	$1,522
Lake Underhill	$1,522
Orlando Executive Airport	$1,522
Orwin Manor	$1,522
Rose Isle	$1,522
Rowena Gardens	$1,522
Southport	$1,518
North Orange	$1,504
Lake Nona	$1,487
City of Orlando - GOAA	$1,463
Vista Park	$1,446
Dover Shores West	$1,418
Lake Como	$1,418
College Park	$1,388
Lake Shore Village	$1,388
Palomar	$1,388
Spring Lake	$1,388
Metro West	$1,383
Lake Fairview	$1,358
Kirkman South	$1,351
Catalina	$1,346
Clear Lake	$1,346
Holden Heights	$1,346
Johnson Village	$1,346
Lake Mann Estates	$1,346
Lake Sunset	$1,346
Lorna Doone	$1,346
Rock Lake	$1,346
Washington Shores	$1,346
Westfield	$1,346
Beltway Commerce Center	$1,346
South Division	$1,294
Bel Air	$1,285
Delaney Park	$1,285
Lake Copeland	$1,285
Lake Holden	$1,285
Lake Terrace	$1,285
Lake Weldona	$1,285
Lancaster Park	$1,285
Pineloch	$1,285
Sodo	$1,285
Southern Oaks	$1,285
Wadeview Park	$1,285
Vista East	$1,277
Countryside	$1,256
Lake Fredrica	$1,256
Ventura	$1,256
Rio Grande Park	$1,245
Camellia Gardens	$1,242
Millenia	$1,242
Engelwood Park	$1,235
Florida Center North	$1,232
Airport North	$1,227
Dixie Belle	$1,227
South Semoran	$1,227
Carver Shores	$1,213
Eagles Nest	$1,213
Industrial	$1,213
Kirkman North	$1,213
Lake Mann Garden	$1,213
Lake Richmond	$1,213
Malibu Groves	$1,213
New Malibu	$1,213
Richmond Estates	$1,213
Richmond Heights	$1,213
Roosevelt Park	$1,213
Timberleaf	$1,213
Conway	$1,202
Azalea Park	$1,188
Hibiscus	$1,188
Monterey	$1,188
The Dovers	$1,188
Dover Manor	$1,173
Dover Shores East	$1,173
Bryn Mawr	$1,157
Dover Estates	$1,157
Mariners Village	$1,157
Wedgewood Groves	$1,157
Rosemont	$1,137
West Colonial	$1,120
Princeton - Silver Star	$1,025
Mercy Drive	$998
Rosemont North	$998
Seaboard Industrial	$998
Signal Hill	$998
The Willows	$998

The most affordable neighborhoods in Orlando are Mercy Drive, where the average rent goes for $998/month, Rosemont North, where renters pay $998/mo on average, and Seaboard Industrial, where the average rent goes for $998/mo. If you’re looking for other great deals, check out the listings from Signal Hill ($998), The Willows ($998), and Princeton - Silver Star ($1,025), where the asking prices are below the average Orlando rent of $1,388/mo.

The most expensive neighborhoods in Orlando are Downtown Orlando ($1,643), Lawsona - Fern Creek ($1,658) and Baldwin Park ($1,794).

The most popular neighborhood in Orlando is Metro West, where there are 17 verified RENTCafé listings with an average rent of $1,383. Next up is Downtown Orlando, where apartments go for $1,643/month, followed by Lake Nona with $1,487 If you’re looking to rent in Orlando’s most popular neighborhoods, make sure to also check out Rosemont, where renters pay $1,137 on average, and Ventura, where the average monthly rent is $1,256.

Orlando | Rent Comparison by Neighborhood

Rent in Airport North is 19% lower than in Audubon Park

$1,227

Airport North rent is 12% lower than Orlando average

Average Rent	$1,227

$1,522

Audubon Park rent is 10% higher than Orlando average

Average Rent	$1,522

How Orlando Compares to Other Cities

	Average Rent	Y-o-Y Change
Jacksonville	$1,156	4%
Orlando	$1,388	-3%
Miami	$1,708	n/a
Kissimmee	$1,358	-2%
Tampa	$1,399	3%
Cape Coral	$1,337	5%
Lakeland	$1,152	6%
Pine Hills	$1,143	-1%
Altamonte Springs	$1,273	2%
Saint Cloud	$1,428	2%
Casselberry	$1,174	-4%

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.