Average Rent in Central Business District, Orlando, FL

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Current Versus Historical Central Business District, Orlando, FL Rents

Central Business District rentals average $1,753 for a studio rental to $6,150 for a 3-bedroom rental. The median price of all currently available listings is $2,248, or roughly $3 per square feet.

For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have decreased by $44,881 (-95.97%) year-over-year from $46,766 to $1,885. 1-bedroom rentals prices have increased by $160 (9.76%) year-over-year from $1,640 to $1,800. 2-bedroom rentals prices have increased by $514 (21.57%) year-over-year from $2,383 to $2,898. 3-bedroom rentals prices have increased by $4,175 (116.77%) year-over-year from $3,575 to $7,750. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,998 to $1,998. 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 48.87% this month. 1-bedroom rents have gone up by 11.34% this month. 2-bedroom rents have gone up by 0.80% this month. 3-bedroom rents have gone up by 42.64% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.32	$1,885	$46,766 (-95.97%)	$1,337 (41.02%)
1 BR	$2.46	$1,800	$1,640 (9.76%)	$1,235 (45.75%)
2 BR	$2.34	$2,898	$2,383 (21.57%)	$1,811 (59.99%)
3 BR	$2.58	$7,750	$3,575 (116.77%)	$3,026 (156.16%)

Historical Rents in Central Business District, Orlando, FL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Central Business District

There are a total of 14 cities nearby Central Business District. The average rent in Central Business District is currently $2,298 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Altamonte Springs, FL, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near Central Business District, Orlando, FL is Horizon West, FL. Monthly rents here are on average $3,100 per month.

Let's compare Central Business District, Orlando, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 24.30% more expensive. Two bedrooms in Central Business District, Orlando, FL are about 33.07% more expensive. Finally, rent for three bedrooms are about 62.60% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Central Business District, Orlando, FL in the following chart.

City	Studio	1 Bed	2 Bed	All
Altamonte Springs, FL	N/A	$1,383	$1,702	$1,600
Sanford, FL	N/A	$1,336	$1,695	$1,900
Orlando, FL	$1,690	$1,500	$1,850	$2,108
Kissimmee, FL	N/A	$1,375	$1,665	$2,200
Oviedo, FL	N/A	N/A	$1,789	$2,295
Alafaya, FL	N/A	$1,530	$1,996	$2,350
Meadow Woods, FL	N/A	N/A	$1,848	$2,593
Winter Garden, FL	N/A	N/A	$2,100	$2,900
Winter Park, FL	N/A	$1,800	$2,350	$2,925
Horizon West, FL	N/A	$1,700	$2,200	$3,100

Top Neighborhoods Near Central Business District

There are a total of 2 neighborhoods in or near Central Business District. We've included all of these top 2 neighborhoods in or near Central Business District, Orlando, FL in the following chart.

The average rent for these 2 neighborhoods in or near Central Business District, Orlando, FL is currently around $2,500 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Central Business District's average rent, which is only $2,248. Out of all the neighborhoods in or near Central Business District, Metro West has the most affordable average rent at $1,850 per month. Whereas, at $3,150 average rent per month, Lake Nona is the most expensive neighborhood in or near Central Business District. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Metro West, Orlando, FL	N/A	$1,325	$1,800	$1,850
Lake Nona, Orlando, FL	N/A	$1,775	N/A	$3,150

Top Counties Near Central Business District

There are a total of 2 counties located by Central Business District, Orlando, FL. Some of these counties include Casselberry-Altamonte Springs, FL, Orlando, FL, and Sanford, FL. The average rent for rentals in these counties is $2,350. That's roughly around $2 per sqft. A total of 4 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 $2,900, East Orange, FL is the most expensive county by Central Business District, Orlando, FL.

In comparison, rent for one bedroom listings in Central Business District, Orlando, FL is 21.79% more expensive than other counties nearby. Finally, rent for two bedrooms in Central Business District, Orlando, FL is 34.13% more expensive than 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	$1,395	$1,707	$1,800
Orlando, FL	$1,584	$1,450	$1,800	$2,100
Sanford, FL	N/A	$1,390	$1,700	$2,100
Union Park, FL	N/A	$1,400	$1,800	$2,300
Oviedo, FL	N/A	$1,795	$1,792	$2,350
Winter Garden-Ocoee, FL	N/A	$1,650	$1,762	$2,395
Apopka, FL	N/A	N/A	$1,867	$2,450
Clermont, FL	N/A	N/A	$2,100	$2,800
Southwest Orange, FL	N/A	$1,700	$2,100	$2,900
East Orange, FL	N/A	$1,860	$2,173	$2,900

Top Zipcodes Near Central Business District

There are a total of 31 zipcodes in or near Central Business District, Orlando, FL. The average rent for all of these zipcodes is $2,341. A total of 10 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 $1,500 per month. In comparison, the zipcode with the most expensive average rent of $3,100 per month is 32789, Winter Park, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Central Business District, Orlando, FL is $1,399 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,823 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Central Business District, Orlando, FL. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
32801, Orlando, FL	$1,753	$1,743	$2,788	$2,341
32803, Orlando, FL	N/A	$1,800	$2,313	$2,300
32806, Orlando, FL	N/A	$1,800	$2,225	$2,350
32789, Winter Park, FL	N/A	$2,000	$2,495	$3,100
32839, Orlando, FL	N/A	$1,300	$1,725	$1,500
32811, Orlando, FL	N/A	$1,300	$1,670	$1,650
32822, Orlando, FL	N/A	$1,395	$1,700	$1,750
32792, Orlando, FL	N/A	$1,390	$1,740	$1,827
32835, Winter Garden-Ocoee, FL	N/A	$1,350	$1,800	$1,900
32714, Forest City, FL	N/A	$1,399	$1,668	$1,648

Frequently Asked Questions - Central Business District Average Rents

What is the average rent price in Central Business District, Orlando, FL?

The average monthly rental price for Central Business District, Orlando, FL apartments for rent is approximately $2,248. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Central Business District, 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 Central Business District, Orlando, FL.

How much is a studio apartment in Central Business District, Orlando, FL?

The average monthly rental price for studio apartments is $1,753 and an average price per square feet of $3.32. There are a total of 4 studio apartment listings currently available for rent in Central Business District.

How much is a one bedroom apartment in Central Business District, Orlando, FL?

The average monthly rental price for one bedroom apartments is $1,790 and an average price per square feet of $2.46. There are a total of 22 one bedroom apartment listings currently available for rent in Central Business District.

How much is a two bedroom apartment in Central Business District, Orlando, FL?

The average monthly rental price for two bedroom apartments is $2,725 and an average price per square feet of $2.34. There are a total of 17 two bedroom apartment listings currently available for rent in Central Business District.

How have rent prices in Central Business District, Orlando, FL changed this year?

Rent prices for rentals in Central Business District, Orlando, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.96%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by 0.22%, and three bedroom rental prices have changed by 1.17% year-over-year.

What is a reasonable rent price in Central Business District, Orlando, FL?

A reasonable rent price in Central Business District, Orlando, FL is around $1,798/month. You can search for these reasonably priced rental listings on RentHop.