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
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 |

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
Airport North rent is 12% lower than Orlando average
Average Rent | $1,227 |
---|
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!