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Studio Apartments for Rent in Orlando, FL - 40 Rentals available


Orlando’s average rent reached $1,391 in October

Orlando’s average rent reached $1,391 in October, after a 3.5% decrease since last year. One of Florida’s largest job hubs and a renter household-majority city (65%), Orlando is a desirable place to live and work in, with apartment prices below the national average of $1,464. [View Full Report]

Orlando apartment rent report

Orlando’s average rent was $1,391 in October

Orlando’s average rent reached $1,391 in October, after a 3.5% decrease since last year. One of Florida’s largest job hubs and a renter household-majority city (65%), Orlando is a desirable place to live and work in, with apartment prices below the national average of $1,464.

Orlando’s rent growth compared to surrounding cities

The average rent for an apartment in Orlando saw a greater decrease than in Kissimmee ($1,346), where prices went down by 1.5% since last year. On the other hand, in other surrounding cities, such as Sanford ($1,213), rent went up by 0.4%.

What it costs to rent in the largest renter hubs in the Orlando area

The city with the largest renter share is Orlando (65%), followed by Altamonte Springs and Kissimmee, where 59% of homes are renter households. In Altamonte Springs, apartment rents increased by 1.8% since last year, reaching $1,274. Sanford has the third largest share of renters (49%). In Maitland, where 48% of residents lease their home, the average rent is $1,621, going down by 0.5% in the past year.

The priciest and cheapest cities for renters in the Orlando area

Oviedo is the priciest city for renters in the Orlando area, with apartments renting for $1,756 per month. The average rent for apartments in Maitland is $1,621, the second most expensive, while Winter Garden ($1,476) comes in third.

For renters in search of budget-friendly apartments, Sanford’s $1,213 average rent is the cheapest in the Orlando area followed by Casselberry’s $1,217 rate. Altamonte Springs rentals are the third least pricey on the list, with a $1,274 average.

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Look for studio apartments near me

Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RENTCafé listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RENTCafé allows you to find the best fit for you - so, let's find your new home!

Orlando, FL Demographics

  • Total Population275,690
  • Female 132,885
    Male 142,805
  • Median Age33.5

Average Rent in Orlando, FL

  • Orlando, FL Average Rental Price, February 2020 $1,435 /mo

    Orlando, FL Apartment Rent Ranges

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

    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
    /

    Orlando, FL Households

    • Total Number of Households111,674
    • Family 60,022
      Non-family 51,652
    • Children 31,454
      No Children 80,220
    • Average People Per Household2.45
    • Median Household Income$48,511
    • Median Housing Costs Per Month$1,150

    Orlando, FL Education Statistics

    • No High School3%
    • Some High School29%
    • Some College25%
    • Associate Degree10%
    • Bachelor Degree22%
    • Graduate Degree10%

    Renting a studio apartment in Orlando, FL

    If you are looking for affordable housing you’re in the right place. There are 40 rental units, with prices starting from as low as $738. Are you the typical bachelor who thinks a house is four wheels with a bed and not a zen-zone where happiness lives? Or maybe you are a very active professional, living the big-city life, practically spending all your existence downtown: working, eating and having fun. Essentially, you’re only going home for sleeping. So why would it bother you that you have your kitchen in the main room and there is no balcony with beautiful views? You don’t have time to enjoy it anyway. And besides, you’re not the type to be staying in anyways. In that case, all you need is a cheap studio. The average size for apartments in Orlando, FL is 943 Sq.Ft., but you will end up most probably with something much smaller, which will be nonetheless a good deal. If you’ve already set your mind on the “find efficiency apartment” mode, stop reading now and select “Studio” from our Beds filter. On the other hand, if you’re looking for something that is a bit homier, keep reading.

    If you are not Mr. or Mrs. efficiency apartment…

    It looks like you’re ballin’ on a budget, but you like your alone time at home. There can be huge differences between a small apartment and a studio apartment. If you like unwinding at home after a long day and cooking on the weekends, we recommend you to search for single bedroom apartments, where you will have a bit more space and a separate kitchen. Let’s face it, moving into a studio just because it’s a good deal it’s not always a good idea. Yes, probably your apartment will be more expensive than the cheapest pad in Orlando, FL which is going for $738, but it’s hard to put a price on feeling comfortable in your own home. Going down this path doesn’t necessarily mean either that you will need to overspend, with 18 listings and an average rent of $1,349 you will most likely find a one room apartment to call home.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!