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Rental market trends in Orlando, FL

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Average Rent in Orlando, FL

Average Rent in Orlando, FL

Avg. RentAnnual Change
Studio - $1,696-5%
1 Bed - $1,749-2%
2 Beds - $2,192+1%
Last updated 5/20/2024

Average Apartment Cost in Orlando, FL

The average rent for apartments in Orlando, FL, is between $1,696 and $2,192 in 2024. For a studio apartment in Orlando, FL, the average rent is $1,696. When it comes to 1-bedroom apartments, the average rent in Orlando, FL, is $1,749. For a 2-bedroom apartment, the average rent is $2,192.

Apartment Rent Ranges in Orlando, FL

Apartment PricesProportion
0%
2%
16%
34%
48%

Neighborhood Apartment Rent Trends in Orlando, FL

NeighborhoodStudio Avg RentAnnual Change
Lake Nona$1,750--
Lake Nona South$1,750--
Airport North$1,734--
Downtown Orlando$1,656+2%
Callahan$1,656+16%
North Quarter$1,619-4%
South Orange$1,595--
Westwood$1,499-17%
Pineloch$1,399--
Baldwin Park$1,300--
South Semoran$1,265-2%
Lake Eola Heights$1,050-30%
Lake Eola Heights Historic District$1,050-30%
Ventura$1,020+7%
Neighborhood1 Bed Avg RentAnnual Change
Lakeside Village$2,360-2%
Dover Shores East$2,100--
Baldwin Park$2,095-1%
South Eola$2,019-3%
Lake Nona$2,000+1%
Lake Nona South$2,000+5%
Engelwood Park$1,974+32%
College Park$1,950-1%
Park Central$1,941-1%
Vista East$1,909+9%
Kirkman North$1,904+13%
Horizon West$1,830+1%
East Park$1,817-5%
Colonialtown North$1,810+25%
Callahan$1,800+3%
Wadeview Park$1,800-22%
North Quarter$1,749-13%
Downtown Orlando$1,744-9%
Airport North$1,726+7%
South Orange$1,639-9%
Metro West$1,578-11%
South Semoran$1,561-3%
Windhover$1,550--
Thornton Park$1,450--
Florida Center North$1,434--
Pineloch$1,349-4%
Rosemont$1,347-11%
Lake Eola Heights$1,345-35%
Lake Eola Heights Historic District$1,3450%
Ventura$1,275+9%
Plaza at Millenium$1,150--
Millenia$1,058--
Neighborhood2 Beds Avg RentAnnual Change
North Orange$3,268+2%
Lake Nona Central$2,800--
Dover Shores East$2,700--
Kirkman North$2,591+19%
Baldwin Park$2,572-7%
Lakeside Village$2,522-24%
Wadeview Park$2,500+43%
College Park$2,482-2%
Lake Eola Heights$2,395--
Lake Eola Heights Historic District$2,395--
Airport North$2,339+20%
Horizon West$2,337+6%
Park Central$2,336-4%
North Quarter$2,329-10%
Vista East$2,265+3%
Dixie Belle$2,200--
Downtown Orlando$2,199-9%
South Eola$2,180-13%
South Orange$2,146-16%
East Park$2,1380%
Engelwood Park$2,100-10%
Callahan$2,050-5%
Metro West$2,006-11%
Lake Frederica$1,900--
South Semoran$1,854-1%
Colonialtown North$1,850+19%
Kirkman South$1,850--
Rosemont$1,822+3%
Florida Center North$1,819--
Ventura$1,650--
Plaza at Millenium$1,600--
Millenia$1,243--

How Other Cities Compare to Orlando, FL

CityStudio Avg RentAnnual Change
Apopka$1,915--
Altamonte Springs$1,733-12%
Lake Mary$1,649-20%
Casselberry$1,639--
Clermont$1,375--
Deland$1,299+18%
Sanford$1,255-26%
Winter Park$1,188-5%
Kissimmee$1,176+5%
Winter Garden$1,100--
Davenport$1,100+22%
Winter Haven$947+2%
Lakeland$867+4%
Titusville$7350%
City1 Bed Avg RentAnnual Change
Maitland$2,107+9%
Lake Mary$2,075--
Casselberry$1,847+32%
Oviedo$1,834+1%
Ocoee$1,800-13%
Winter Garden$1,7950%
Clermont$1,736+3%
Celebration$1,725+5%
Longwood$1,723+7%
Davenport$1,718-2%
Apopka$1,667-12%
Kissimmee$1,657-1%
Winter Park$1,611-1%
Sanford$1,580-1%
Altamonte Springs$1,577-1%
Port Orange$1,372+10%
New Smyrna Beach$1,340--
Orange City$1,290-7%
Lakeland$1,198+3%
Deland$1,195+31%
Winter Haven$1,135+3%
Titusville$1,082+1%
City2 Beds Avg RentAnnual Change
Celebration$2,500--
Winter Garden$2,255+3%
Casselberry$2,239+26%
Ocoee$2,2330%
Lake Mary$2,219-17%
Oviedo$2,218-5%
Clermont$2,104+20%
Davenport$2,062-3%
Longwood$2,031+4%
Kissimmee$1,999-3%
Apopka$1,960-5%
Sanford$1,943-2%
Altamonte Springs$1,894+1%
Port Orange$1,872-2%
Winter Park$1,749-3%
Orange City$1,535-1%
Deland$1,500+38%
Lakeland$1,464+1%
Winter Haven$1,454+2%
New Smyrna Beach$1,200-40%
Titusville$1,067-11%

Orlando, FL Rent Trends

Studio1 Bed2 Beds
May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024
$1742$1742$1724$1675$1692$1689$1665$1656$1665$1690$1690$1707$1700
$1764$1754$1752$1749$1751$1753$1755$1749$1749$1757$1759$1751$1749
$2149$2119$2138$2084$2094$2061$2237$2219$2230$2257$2264$2185$2103
$2637$2629$2560$2595$2512$2530$2626$2529$2528$2531$2512$2514$2485

Neighborhood Information for Orlando, FL

What are the most affordable neighborhoods in Orlando, FL?

The most affordable neighborhoods in Orlando are Millenia, where the average 1-bedroom apartment rent goes for $1,058, Plaza at Millenium, where renters pay $1,150 on average for a 1-bedroom apartment, and Ventura, where the average 1-bedroom apartment rent goes for $1,275. If you're looking for other great deals, check out the listings in Lake Eola Heights ($1,345 for a 1-bedroom apartment) or Lake Eola Heights Historic District ($1,345 for a 1-bedroom apartment), compared to the $1,749 average for an Orlando 1-bedroom apartment.

What are the most expensive neighborhoods in Orlando, FL?

The most affordable neighborhoods in Orlando are Northlake Park at Lake Nona, where the average 1-bedroom apartment rent goes for $3,066, North Orange, where renters pay $2,918 on average for a 1-bedroom apartment, and Lakeside Village, where the average 1-bedroom apartment rent goes for $2,360. If you're looking for other great deals, check out the listings in Dover Shores East ($2,100 for a 1-bedroom apartment) or Baldwin Park ($2,095 for a 1-bedroom apartment), compared to the $1,749 average for an Orlando 1-bedroom apartment.

What are the most popular neighborhoods in Orlando, FL?

The most popular neighborhoods in Orlando are South Orange, where the average 1-bedroom apartment rent goes for $1,639, Baldwin Park, where renters pay $2,095 on average for a 1-bedroom apartment, and Wadeview Park, where the average 1-bedroom apartment rent goes for $1,800. If you're looking for other popular neighborhoods, check out the listings in Pineloch ($1,349 for a 1-bedroom apartment) or Thornton Park ($1,450 for a 1-bedroom apartment), compared to the $1,749 average for an Orlando 1-bedroom apartment.

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