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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

What is the average rent in Orlando?

The average rent for an apartment in Orlando is $1,820. The cost of rent varies depending on several factors, including location, size, and quality.

Average Rent in Orlando, FL

Last updated February 2022
Average Rent Average Apartment Size
$1,820 962 sq. ft.

What is the average apartment size in Orlando?

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

Orlando, FL Occupied Housing Units

51,571 or 45% of the households in Orlando, FL are renter-occupied while 61,667 or 54% are owner-occupied.

Orlando, FL Rent Trends

Average Rent Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Feb / 2022
Orlando, FL $1,397 $1,405 $1,439 $1,438 $1,432 $1,413 $1,391 $1,432 $1,591 $1,733 $1,820
National $1,362 $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628
Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Orlando, FL By Neighborhood

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What are the most affordable neighborhoods in Orlando?

The most affordable neighborhoods in Orlando are Mercy Drive, where the average rent goes for $1,241/month, Rosemont North, where renters pay $1,241/mo on average, and Seaboard Industrial, where the average rent goes for $1,241/mo. If you’re looking for other great deals, check out the listings from Signal Hill ($1,241), The Willows ($1,241), and Princeton - Silver Star ($1,363), where the asking prices are below the average Orlando rent of $1,820/mo.

What are the most expensive neighborhoods in Orlando?

The most expensive neighborhoods in Orlando are Lake Shore Village ($2,293), Palomar ($2,293) and Spring Lake ($2,293).

What are the most popular neighborhoods in Orlando?

The most popular neighborhood in Orlando is Downtown Orlando, where there are 14 verified RentCafe listings with an average rent of $2,037. Next up is Metro West, where apartments go for $1,864/month, followed by Lake Nona with $2,152 If you’re looking to rent in Orlando’s most popular neighborhoods, make sure to also check out Engelwood Park, where renters pay $1,604 on average, and Rosemont, where the average monthly rent is $1,445.

Orlando | Rent Comparison by Neighborhood

Neighborhood
vs.

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

$1,593

Airport North rent is 12% lower than Orlando average

Average Rent $1,593
$1,974

Audubon Park rent is 8% higher than Orlando average

Average Rent $1,974

How Orlando Compares to Other Cities

City Average Rent
Jacksonville $1,453
Kissimmee $1,700
Orlando $1,820
Tampa $1,834
Miami $2,132
Cape Coral $1,944
Poinciana $1,493
St. Petersburg $1,861
Gainesville $1,508
Lakeland $1,395
West Palm Beach $2,141
Davenport $1,894
Winter Haven $1,323
Clermont $1,638
Pine Hills $1,455
Sanford $1,535
Altamonte Springs $1,637
Leesburg $1,081
Oviedo $2,120
Saint Cloud $1,789
Lake Mary $1,767

Most Popular Apartments in Orlando

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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.