Average Rent in Orlando, FL

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Current Versus Historical Orlando, FL Rents

Orlando rentals average $1,656 for a studio rental to $3,900 for a 4-bedroom rental. The median price of all currently available listings is $2,000, or roughly $2 per square feet.
For the apartment units and housing in July 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $348 (19.99%) year-over-year from $1,742 to $2,090. 1-bedroom rentals prices have increased by $219 (12.76%) year-over-year from $1,713 to $1,932. 2-bedroom rentals prices have increased by $207 (10.39%) year-over-year from $1,988 to $2,195. 3-bedroom rentals prices have increased by $152 (5.67%) year-over-year from $2,673 to $2,825. 4-bedroom rentals prices have increased by $636 (20.11%) year-over-year from $3,164 to $3,800. 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 23.03% this month. 1-bedroom rents have gone up by 5.94% this month. 2-bedroom rents have gone up by 3.42% this month. 3-bedroom rents have gone up by 3.67% this month. 4-bedroom rents have gone up by 10.14% this month.
Beds
Price / Sqft
Jul 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.13 $2,090 $1,742 (19.99%) $1,347 (55.20%)
1 BR $2.17 $1,932 $1,713 (12.76%) $1,164 (65.93%)
2 BR $1.76 $2,195 $1,988 (10.39%) $1,738 (26.27%)
3 BR $1.62 $2,825 $2,673 (5.67%) $2,025 (39.51%)
4+ BR $1.53 $3,800 $3,164 (20.11%) $2,583 (47.10%)

Historical Rents in Orlando, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Orlando

There are a total of 11 cities nearby Orlando. The average rent in Orlando is currently $2,250 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 $1,614, is the most affordable city nearby. In contrast, the most expensive city near Orlando, FL is Horizon West, 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 7.87% more expensive. Two bedrooms in Orlando, FL are about 6.76% more expensive. Finally, rent for three bedrooms are about 11.74% more expensive. Want more information? Check out the top 10 cities out of 11 total cities near Orlando, FL in the following chart.
City Studio 1 Bed 2 Bed All
Altamonte Springs, FL N/A $1,382 $1,667 $1,614
Sanford, FL N/A $1,349 $1,684 $1,800
Poinciana, FL N/A N/A $1,775 $1,895
Hunters Creek, FL N/A $1,600 $1,890 $2,100
Kissimmee, FL N/A $1,400 $1,725 $2,250
St. Cloud, FL N/A $1,323 $1,575 $2,498
Four Corners, FL N/A $1,560 $1,915 $2,500
Alafaya, FL N/A $1,666 $2,051 $2,593
Meadow Woods, FL N/A N/A $1,862 $2,600
Horizon West, FL N/A $1,549 N/A $3,000

Top Neighborhoods Near Orlando

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

The average rent for these 2 neighborhoods in or near Orlando, FL is currently around $2,545 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 Orlando's average rent, which is only $2,000. Out of all the neighborhoods in or near Orlando, Metro West has the most affordable average rent at $1,800 per month. Whereas, at $3,290 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 $1,395 $1,800 $1,800
Lake Nona, Orlando, FL N/A $1,800 $3,088 $3,290

Top Counties Near Orlando

There are a total of 2 counties located by Orlando, FL. Some of these counties include Casselberry-Altamonte Springs, FL, Orlando, FL, and Winter Garden-Ocoee, FL. The average rent for rentals in these counties is $2,325. That's roughly around $2 per sqft. A total of 2 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 $1,815. Vice versa, with an average rent of $2,800, East Orange, FL is the most expensive county by Orlando, FL.

In comparison, rent for one bedroom listings in Orlando, FL is 3.33% more expensive than other counties nearby. Finally, rent for two bedrooms in Orlando, FL is 2.70% 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 $1,400 $1,682 $1,815
Orlando, FL $1,475 $1,450 $1,800 $1,985
Winter Garden-Ocoee, FL N/A $2,300 $1,934 $2,250
Apopka, FL N/A $1,375 $1,800 $2,313
Kissimmee, FL $1,525 $1,500 $1,850 $2,325
Union Park, FL N/A $1,385 $1,804 $2,370
Oviedo, FL N/A $1,845 $1,666 $2,390
St. Cloud, FL N/A $1,500 $1,750 $2,500
Southwest Orange, FL N/A $1,723 $2,027 $2,800
East Orange, FL N/A $1,820 $2,113 $2,800

Top Zipcodes Near Orlando

There are a total of 29 zipcodes in or near Orlando, FL. The average rent for all of these zipcodes is $2,400. A total of 9 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 $3,200 per month is 34786, Lake Butler, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Orlando, FL is $1,395 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,793 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 $1,525 $1,702 $2,100 $2,500
34746, Campbell, FL N/A $1,400 $1,800 $2,490
33837, Haines City, FL N/A $1,225 $1,900 $2,300
32835, Winter Garden-Ocoee, FL N/A $1,395 $1,800 $1,800
34787, Winter Garden, FL N/A $1,549 $1,898 $2,800
32832, East Orange, FL N/A $1,810 $2,200 $2,900
32822, Orlando, FL N/A $1,400 $1,665 $1,673
34741, Kissimmee, FL N/A $1,300 $1,750 $1,995
32801, Orlando, FL $1,675 $1,895 $2,663 $2,316
33897, Haines City, FL N/A $1,100 $1,750 $2,200

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 $2,000. 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 $1,656 and an average price per square feet of $3.13. There are a total of 11 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 $1,500 and an average price per square feet of $2.17. There are a total of 171 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 $1,850 and an average price per square feet of $1.76. There are a total of 252 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 0.20%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.10%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Orlando, FL?
A reasonable rent price in Orlando, FL is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.
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