Average Rent in Lake Nona, Orlando, FL

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Current Versus Historical Lake Nona, Orlando, FL Rents

Lake Nona rentals average $0 for a studio rental to $4,000 for a 4-bedroom rental. The median price of all currently available listings is $3,150, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $376,290 (-99.54%) year-over-year from $378,040 to $1,750. 1-bedroom rentals prices have decreased by $87 (-4.59%) year-over-year from $1,887 to $1,800. 2-bedroom rentals prices have decreased by $58 (-2.28%) year-over-year from $2,558 to $2,500. 3-bedroom rentals prices have increased by $43 (1.42%) year-over-year from $3,057 to $3,100. 4-bedroom rentals prices have increased by $575 (16.19%) year-over-year from $3,550 to $4,125. 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 4.24% this month. 1-bedroom rents have gone down by 4.42% this month. 2-bedroom rents have gone down by 7.26% this month. 3-bedroom rents have gone up by 2.48% this month. 4-bedroom rents have gone up by 10.78% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.27 $1,800 $1,887 (-4.59%) $1,396 (28.99%)
3 BR $1.66 $3,100 $3,057 (1.42%) $2,250 (37.78%)
4+ BR $1.62 $4,125 $3,550 (16.19%) $3,065 (34.57%)

Historical Rents in Lake Nona, Orlando, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lake Nona

There are a total of 14 cities nearby Lake Nona. The average rent in Lake Nona is currently $2,298 per month. A total of 14 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 Lake Nona, Orlando, FL is Horizon West, FL. Monthly rents here are on average $3,100 per month.

Let's compare Lake Nona, Orlando, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 23.66% more expensive. Two bedrooms in Lake Nona, Orlando, FL are about inf% more affordable. Finally, rent for three bedrooms are about 24.59% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Lake Nona, Orlando, FL in the following chart.
City Studio 1 Bed 2 Bed All
Altamonte Springs, FL N/A $1,383 $1,702 $1,600
Orlando, FL $1,690 $1,500 $1,850 $2,108
Kissimmee, FL N/A $1,375 $1,665 $2,200
St. Cloud, FL N/A $1,000 $1,600 $2,273
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 Lake Nona

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

The average rent for these 2 neighborhoods in or near Lake Nona, Orlando, FL is currently around $2,049 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Lake Nona, Metro West has the most affordable average rent at $1,850 per month. Whereas, at $2,248 average rent per month, Central Business District is the most expensive neighborhood in or near Lake Nona. 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
Central Business District, Orlando, FL $1,753 $1,790 $2,725 $2,248

Top Counties Near Lake Nona

There are a total of 2 counties located by Lake Nona, 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 13 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 Lake Nona, Orlando, FL.

In comparison, rent for one bedroom listings in Lake Nona, Orlando, FL is 21.13% more expensive than other counties nearby. Finally, rent for two bedrooms in Lake Nona, Orlando, FL is inf% more affordable 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
Kissimmee, FL $1,025 $1,515 $1,795 $2,350
Oviedo, FL N/A $1,795 $1,792 $2,350
Winter Garden-Ocoee, FL N/A $1,650 $1,762 $2,395
St. Cloud, FL $1,000 $1,400 $1,795 $2,400
East Orange, FL N/A $1,860 $2,173 $2,900
Southwest Orange, FL N/A $1,700 $2,100 $2,900

Top Zipcodes Near Lake Nona

There are a total of 31 zipcodes in or near Lake Nona, Orlando, FL. The average rent for all of these zipcodes is $2,341. A total of 31 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 Lake Nona, 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 Lake Nona, Orlando, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
32824, Orlando, FL N/A N/A $1,825 $2,590
32832, East Orange, FL N/A $1,750 $2,195 $3,050
34744, St. Cloud, FL $1,100 $900 $1,823 $2,400
32822, Orlando, FL N/A $1,395 $1,700 $1,750
32806, Orlando, FL N/A $1,800 $2,225 $2,350
32839, Orlando, FL N/A $1,300 $1,725 $1,500
32837, Williamsburg, FL N/A $1,550 $1,850 $2,225
34771, St. Cloud, FL N/A $1,575 $2,300 $2,500
34741, Kissimmee, FL N/A $1,400 $1,680 $1,950
32828, Alafaya, FL N/A $1,493 $1,991 $2,300

Frequently Asked Questions - Lake Nona Average Rents

What is the average rent price in Lake Nona, Orlando, FL?
The average monthly rental price for Lake Nona, Orlando, FL apartments for rent is approximately $3,150. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lake Nona, 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 Lake Nona, Orlando, FL.
How much is a studio apartment in Lake Nona, Orlando, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in Lake Nona.
How much is a one bedroom apartment in Lake Nona, Orlando, FL?
The average monthly rental price for one bedroom apartments is $1,775 and an average price per square feet of $2.27. There are a total of 8 one bedroom apartment listings currently available for rent in Lake Nona.
How much is a two bedroom apartment in Lake Nona, Orlando, FL?
The average monthly rental price for two bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 two bedroom apartment listings currently available for rent in Lake Nona.
How have rent prices in Lake Nona, Orlando, FL changed this year?
Rent prices for rentals in Lake Nona, Orlando, FL can fluctuate yearly. Specifically, studio rental prices have changed by -1.00%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Lake Nona, Orlando, FL?
A reasonable rent price in Lake Nona, Orlando, FL is around $2,520/month. You can search for these reasonably priced rental listings on RentHop.
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