Average Rent in Orlando, FL

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Current Versus Historical Orlando, FL Rents

Orlando rentals average $1,705 for a studio rental to $3,700 for a 4-bedroom rental. The median price of all currently available listings is $2,100, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $278 (15.35%) year-over-year from $1,812 to $2,090. 1-bedroom rentals prices have increased by $273 (15.78%) year-over-year from $1,731 to $2,004. 2-bedroom rentals prices have increased by $366 (18.32%) year-over-year from $1,999 to $2,365. 3-bedroom rentals prices have increased by $84 (3.18%) year-over-year from $2,641 to $2,725. 4-bedroom rentals prices have increased by $585 (20.43%) year-over-year from $2,865 to $3,450. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 23.43% this month. 1-bedroom rents have gone up by 9.45% this month. 2-bedroom rents have gone up by 11.73% this month. 3-bedroom rents have gone up by 5.83% this month. 4-bedroom rents have gone up by 4.81% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.13 $2,090 $1,812 (15.35%) $1,397 (49.64%)
1 BR $2.17 $2,004 $1,731 (15.78%) $1,333 (50.34%)
2 BR $1.79 $2,365 $1,999 (18.32%) $1,672 (41.46%)
3 BR $1.63 $2,725 $2,641 (3.18%) $2,000 (36.25%)
4+ BR $1.58 $3,450 $2,865 (20.43%) $2,383 (44.76%)

Historical Rents in Orlando, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Orlando

There are a total of 12 cities nearby Orlando. The average rent in Orlando is currently $2,400 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Altamonte Springs, FL, with an average rent of $1,590, is the most affordable city nearby. In contrast, the most expensive city near Orlando, FL is Winter Park, FL. Monthly rents here are on average $3,000 per month.

Let's compare Orlando, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 9.26% more expensive. Two bedrooms in Orlando, FL are about 4.10% more affordable. Finally, rent for three bedrooms are about 13.46% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Orlando, FL in the following chart.
City Studio 1 Bed 2 Bed All
Altamonte Springs, FL N/A $1,388 $1,700 $1,590
Sanford, FL N/A $1,462 $1,748 $1,995
Kissimmee, FL N/A $1,325 $1,680 $2,200
St. Cloud, FL N/A N/A $1,625 $2,350
Alafaya, FL N/A $1,599 $1,992 $2,450
Four Corners, FL N/A $1,715 $1,958 $2,475
Meadow Woods, FL N/A N/A $1,948 $2,600
Winter Garden, FL N/A N/A $2,100 $2,900
Winter Park, FL N/A $1,713 $2,450 $3,000
Horizon West, FL N/A $1,700 $2,400 $3,000

Top Neighborhoods Near Orlando

There are a total of 3 neighborhoods in or near Orlando. Some of these neighborhoods include Metro West, Central Business District, and Lake Nona. We've included all of these top 3 neighborhoods in or near Orlando, FL in the following chart.

The average rent for these 3 neighborhoods in or near Orlando, FL is currently around $2,100 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is equivalent to Orlando's average rent, which is also $2,100. Interestingly, the neighborhoods' average rent is less than Orlando's average rent, which is actually $2,100. Out of all the neighborhoods in or near Orlando, Metro West has the most affordable average rent at $1,800 per month. Whereas, at $3,200 average rent per month, Lake Nona is the most expensive neighborhood in or near Orlando. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Metro West, Orlando, FL N/A $1,354 $1,800 $1,800
Central Business District, Orlando, FL $1,753 $1,768 $2,650 $2,100
Lake Nona, Orlando, FL N/A $1,800 $3,375 $3,200

Top Counties Near Orlando

There are a total of 3 counties located by Orlando, FL. Some of these counties include Casselberry-Altamonte Springs, FL, Orlando, FL, and Union Park, FL. The average rent for rentals in these counties is $2,350. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Casselberry-Altamonte Springs, FL. It's average rent per month is $1,800. Vice versa, with an average rent of $3,000, East Orange, FL is the most expensive county by Orlando, FL.

In comparison, rent for one bedroom listings in Orlando, FL is 3.01% more expensive than other counties nearby. Finally, rent for two bedrooms in Orlando, FL is on par with the other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Casselberry-Altamonte Springs, FL N/A $1,388 $1,701 $1,800
Orlando, FL $1,656 $1,426 $1,800 $2,027
Union Park, FL N/A $1,450 $1,790 $2,325
Kissimmee, FL $1,100 $1,545 $1,800 $2,350
Oviedo, FL N/A $1,795 $1,819 $2,350
St. Cloud, FL $1,000 $1,245 $1,800 $2,400
Apopka, FL N/A N/A $1,859 $2,450
Winter Garden-Ocoee, FL N/A $1,650 $1,788 $2,500
Southwest Orange, FL N/A $1,650 $2,100 $2,890
East Orange, FL N/A $1,610 $2,195 $3,000

Top Zipcodes Near Orlando

There are a total of 30 zipcodes in or near Orlando, FL. The average rent for all of these zipcodes is $2,316. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32839, Orlando, FL at $1,538 per month. In comparison, the zipcode with the most expensive average rent of $3,923 per month is 32836, Southwest Orange, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Orlando, FL is $1,388 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,821 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Orlando, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
34747, Celebration, FL N/A $1,675 $2,000 $2,400
34746, Campbell, FL N/A $1,225 $1,813 $2,393
33837, Haines City, FL N/A $1,400 $1,800 $2,300
32835, Winter Garden-Ocoee, FL N/A $1,357 $1,800 $1,800
34787, Winter Garden, FL N/A $1,700 $2,100 $3,000
32832, East Orange, FL N/A $1,800 $2,210 $3,100
32822, Orlando, FL N/A $1,400 $1,698 $1,750
34741, Kissimmee, FL N/A $1,375 $1,688 $1,995
32801, Orlando, FL $1,753 $1,768 $2,688 $2,332
33897, Haines City, FL $950 $1,050 $1,750 $2,300

Frequently Asked Questions - Orlando Average Rents

What is the average rent price in Orlando, FL?
The average monthly rental price for Orlando, FL apartments for rent is approximately $2,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Orlando, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Orlando, FL.
How much is a studio apartment in Orlando, FL?
The average monthly rental price for studio apartments is $1,705 and an average price per square feet of $3.13. There are a total of 9 studio apartment listings currently available for rent in Orlando.
How much is a one bedroom apartment in Orlando, FL?
The average monthly rental price for one bedroom apartments is $1,495 and an average price per square feet of $2.17. There are a total of 135 one bedroom apartment listings currently available for rent in Orlando.
How much is a two bedroom apartment in Orlando, FL?
The average monthly rental price for two bedroom apartments is $1,800 and an average price per square feet of $1.79. There are a total of 239 two bedroom apartment listings currently available for rent in Orlando.
How have rent prices in Orlando, FL changed this year?
Rent prices for rentals in Orlando, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.15%, one bedroom rental prices have changed by 0.16%, two bedroom rental prices have changed by 0.18%, and three bedroom rental prices have changed by 0.03% year-over-year.
What is a reasonable rent price in Orlando, FL?
A reasonable rent price in Orlando, FL is around $1,680/month. You can search for these reasonably priced rental listings on RentHop.
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