Average Rent in Orlando, FL

Orlando's rental market has been cooling after pandemic-era spikes. Tourism and tech industries drive the economy. No state income tax is a draw but insurance costs are rising.

-1.5%YoY
Studio
$1,300
1-Bedroom
$1,550
2-Bedroom
$1,850
3-Bedroom
$2,200

Market Overview

Year-over-Year Change-1.5%
Vacancy Rate6.5%
Renter Population54%
Median Income$51,757/yr
Rent-to-Income Ratio35.9%
Cost of Living Index99 (US avg: 100)

Market Condition

Renter-Friendly

Market conditions favor renters. Good time to negotiate.

Tenant Protections

  • Security deposit return within 15-60 days depending on disputes
  • No rent control (Florida state preemption)
  • Landlord must maintain premises in habitable condition
  • 12-hour notice required before entry

Rent by Neighborhood in Orlando

Downtown Orlando

Urban core with Lake Eola, nightlife, and sports venues.

Walk Score: 75Safety: 6/10
1-Bed
$1,800
2-Bed
$2,200
3-Bed
$2,600

Winter Park

Charming town with Park Avenue shops, Rollins College, and scenic lakes.

Walk Score: 50Safety: 8/10
1-Bed
$1,700
2-Bed
$2,100
3-Bed
$2,500

Lake Nona

Master-planned community with medical city and modern amenities.

Walk Score: 25Safety: 9/10
1-Bed
$1,600
2-Bed
$2,000
3-Bed
$2,400

Mills 50

Diverse district with Vietnamese restaurants, breweries, and local shops.

Walk Score: 65Safety: 6/10
1-Bed
$1,400
2-Bed
$1,700
3-Bed
$2,100

Tips for Renting in Orlando

  • 1Rents are declining - use FareRent data to negotiate lower rates
  • 2Factor in hurricane insurance and flood zone status
  • 3No state income tax but property insurance costs are rising fast
  • 4Avoid tourist corridor apartments - noise and traffic are constant

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FareRent provides data for informational purposes only and does not constitute financial, legal, or real estate advice. Rent estimates are based on available market data and may not reflect your exact situation. Always verify independently before making housing decisions.