Orlando, FL Rental Market Trends

What is the average rent in Orlando?

The average rent for an apartment in Orlando is $1,940. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Orlando, FL

Last updated July 2023

Average Rent	Average Apartment Size
$1,940	964 sq. ft.

What is the average apartment size in Orlando?

The average size for a Orlando, FL apartment is 964 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

Orlando, FL Occupied Housing Units

73,476 or 62% of the households in Orlando, FL are renter-occupied while 45,358 or 38% are owner-occupied.

Orlando, FL rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Orlando, FL By Neighborhood

Neighborhood	Average Rent
Baldwin Park	$2,471
College Park	$2,287
Lake Shore Village	$2,287
Palomar	$2,287
Spring Lake	$2,287
Lawsona - Fern Creek	$2,169
North Orange	$2,157
Downtown Orlando	$2,147
Southport	$2,133
Audubon Park	$2,102
Colonial Town Center	$2,102
Colonialtown North	$2,102
Colonialtown South	$2,102
Coytown	$2,102
East Central Park	$2,102
Lake Formosa	$2,102
Lake Underhill	$2,102
Orlando Executive Airport	$2,102
Orwin Manor	$2,102
Rose Isle	$2,102
Rowena Gardens	$2,102
Lake Nona	$2,085
Lake Davis - Greenwood	$2,083
City of Orlando - GOAA	$2,070
Florida Center	$2,062
Windhover	$2,062
Vista Park	$1,988
Dover Shores West	$1,949
Lake Como	$1,949
Lake Fairview	$1,943
Metro West	$1,926
Kirkman South	$1,910
Beltway Commerce Center	$1,861
Vista East	$1,808
Countryside	$1,784
Lake Fredrica	$1,784
Ventura	$1,784
Engelwood Park	$1,781
Azalea Park	$1,776
Hibiscus	$1,776
Monterey	$1,776
The Dovers	$1,776
Airport North	$1,724
Dixie Belle	$1,724
South Semoran	$1,724
Camellia Gardens	$1,719
Millenia	$1,719
Florida Center North	$1,717
Rio Grande Park	$1,714
Carver Shores	$1,714
Eagles Nest	$1,714
Industrial	$1,714
Kirkman North	$1,714
Lake Mann Garden	$1,714
Lake Richmond	$1,714
Malibu Groves	$1,714
New Malibu	$1,714
Richmond Estates	$1,714
Richmond Heights	$1,714
Roosevelt Park	$1,714
Timberleaf	$1,714
Bel Air	$1,700
Delaney Park	$1,700
Lake Copeland	$1,700
Lake Holden	$1,700
Lake Terrace	$1,700
Lake Weldona	$1,700
Lancaster Park	$1,700
Pineloch	$1,700
Sodo	$1,700
Southern Oaks	$1,700
Wadeview Park	$1,700
Dover Manor	$1,688
Dover Shores East	$1,688
South Division	$1,678
Conway	$1,630
Princeton - Silver Star	$1,624
Bryn Mawr	$1,593
Dover Estates	$1,593
Mariners Village	$1,593
Wedgewood Groves	$1,593
West Colonial	$1,581
Rosemont	$1,558
Catalina	$1,557
Clear Lake	$1,557
Holden Heights	$1,557
Johnson Village	$1,557
Lake Mann Estates	$1,557
Lake Sunset	$1,557
Lorna Doone	$1,557
Rock Lake	$1,557
Washington Shores	$1,557
Westfield	$1,557
Mercy Drive	$1,436
Rosemont North	$1,436
Seaboard Industrial	$1,436
Signal Hill	$1,436
The Willows	$1,436

What are the most affordable neighborhoods in Orlando?

The most affordable neighborhoods in Orlando are Mercy Drive, where the average rent goes for $1,436/month, Rosemont North, where renters pay $1,436/mo on average, and Seaboard Industrial, where the average rent goes for $1,436/mo. If you’re looking for other great deals, check out the listings from Signal Hill ($1,436), The Willows ($1,436), and Catalina ($1,557), where the asking prices are below the average Orlando rent of $1,940/mo.

What are the most expensive neighborhoods in Orlando?

The most expensive neighborhoods in Orlando are Palomar ($2,287), Spring Lake ($2,287) and Baldwin Park ($2,471).

What are the most popular neighborhoods in Orlando?

The most popular neighborhood in Orlando is Downtown Orlando, where there are 8 listings with an average rent of $2,147. Next up is Lake Nona, where apartments go for $2,085/month, followed by Metro West with $1,926 If you’re looking to rent in Orlando’s most popular neighborhoods, make sure to also check out Rosemont, where renters pay $1,558 on average, and Kirkman North, where the average monthly rent is $1,714.

Orlando | Rent Comparison by Neighborhood

Rent in Airport North is 18% lower than in Audubon Park

$1,724

Airport North rent is 11% lower than Orlando average

Average Rent	$1,724

$2,102

Audubon Park rent is 8% higher than Orlando average

Average Rent	$2,102

How Orlando Compares to Other Cities

City	Average Rent
Jacksonville	$1,537
Kissimmee	$1,857
Miami	$2,438
Tampa	$1,920
Lakeland	$1,510
Cape Coral	$2,090
Orlando	$1,940
Fort Myers	$2,005
Gainesville	$1,692
Winter Haven	$1,562
West Palm Beach	$2,262
Saint Cloud	$1,964
Sanford	$1,693
Davenport	$1,922
Clermont	$1,758
Altamonte Springs	$1,744
Lake Mary	$1,873
Casselberry	$1,639
Oviedo	$2,304
Tavares	$1,597
Haines City	$1,420

What is the average price for a storage unit in Orlando?

The average rent for a non-climate-controlled 10'x10' storage unit in Orlando is $158.34. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.