Average Rent in Orlando, FL

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Current Versus Historical Orlando, FL Rents

Orlando rentals average $1,690 for a studio rental to $4,000 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 April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $882 (-44.49%) year-over-year from $1,982 to $1,100. 1-bedroom rentals prices have decreased by $411 (-21.81%) year-over-year from $1,886 to $1,475. 2-bedroom rentals prices have decreased by $406 (-18.40%) year-over-year from $2,206 to $1,800. 3-bedroom rentals prices have decreased by $266 (-9.98%) year-over-year from $2,666 to $2,400. 4-bedroom rentals prices have increased by $735 (27.07%) year-over-year from $2,715 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 down by 26.50% this month. 1-bedroom rents have gone down by 10.04% this month. 2-bedroom rents have gone down by 5.30% this month. 3-bedroom rents have gone down by 4.32% this month. 4-bedroom rents have gone up by 3.55% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.06 $1,100 $1,982 (-44.49%) $1,525 (-27.87%)
1 BR $2.24 $1,475 $1,886 (-21.81%) $1,350 (9.26%)
2 BR $1.78 $1,800 $2,206 (-18.40%) $1,672 (7.67%)
3 BR $1.63 $2,400 $2,666 (-9.98%) $1,983 (21.01%)
4+ BR $1.54 $3,450 $2,715 (27.07%) $2,257 (52.88%)

Historical Rents in Orlando, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Orlando

There are a total of 13 cities nearby Orlando. The average rent in Orlando is currently $2,350 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 $1,600, is the most affordable city nearby. In contrast, the most expensive city near Orlando, FL is Celebration, 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 8.94% more expensive. Two bedrooms in Orlando, FL are about 3.51% more affordable. Finally, rent for three bedrooms are about 8.00% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Orlando, FL in the following chart.
City Studio 1 Bed 2 Bed All
Altamonte Springs, FL N/A $1,349 $1,668 $1,600
Kissimmee, FL N/A $1,400 $1,650 $2,200
St. Cloud, FL N/A $1,400 $1,675 $2,295
Alafaya, FL N/A $1,595 $2,004 $2,350
Four Corners, FL N/A $1,705 $1,915 $2,500
Meadow Woods, FL N/A N/A $1,975 $2,645
Winter Garden, FL N/A $1,600 $2,100 $2,850
Winter Park, FL N/A $2,025 $1,973 $2,850
Horizon West, FL N/A $1,650 $2,200 $3,000
Celebration, FL N/A $1,675 $2,550 $3,000

Top Neighborhoods Near Orlando

There are a total of 4 neighborhoods in or near Orlando. Some of these neighborhoods include Metro West, Central Business District, and Celebration. We've included all of these top 4 neighborhoods in or near Orlando, FL in the following chart.

The average rent for these 4 neighborhoods in or near Orlando, FL is currently around $2,643 per month. A total of one neighborhood has a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,643. Interestingly, the neighborhoods' average rent is higher than Orlando's average rent, which is only $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 $3,250 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 $1,357 $1,800 $1,800
Central Business District, Orlando, FL $1,795 $1,700 $2,850 $2,285
Celebration, FL N/A $1,675 $2,550 $3,000
Lake Nona, Orlando, FL N/A $1,950 $2,688 $3,250

Top Counties Near Orlando

There are a total of 4 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 $2,300. 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 $1,768. Vice versa, with an average rent of $2,950, Southwest Orange, FL is the most expensive county by Orlando, FL.

In comparison, rent for one bedroom listings in Orlando, FL is 5.27% 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 $1,350 $1,678 $1,768
Orlando, FL $1,584 $1,457 $1,850 $2,100
Union Park, FL N/A $1,445 $1,773 $2,300
Winter Garden-Ocoee, FL N/A $1,650 $1,687 $2,300
Oviedo, FL N/A $1,790 $1,818 $2,300
Kissimmee, FL $1,025 $1,573 $1,800 $2,350
St. Cloud, FL $1,000 $1,500 $1,795 $2,400
Apopka, FL N/A $1,323 $1,950 $2,498
East Orange, FL N/A $1,913 $2,188 $2,900
Southwest Orange, FL N/A $1,600 $2,100 $2,950

Top Zipcodes Near Orlando

There are a total of 31 zipcodes in or near Orlando, FL. The average rent for all of these zipcodes is $2,350. 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 $1,500 per month. In comparison, the zipcode with the most expensive average rent of $4,250 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 Orlando, FL is $1,398 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,850 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 $1,685 $1,950 $2,500
34746, Campbell, FL N/A $1,225 $1,850 $2,350
33837, Haines City, FL N/A $1,325 $1,850 $2,350
32835, Winter Garden-Ocoee, FL N/A $1,369 $1,800 $1,850
34787, Winter Garden, FL N/A $1,600 $2,100 $3,000
32832, East Orange, FL N/A $1,860 $2,195 $3,097
32822, Orlando, FL N/A $1,398 $1,700 $1,800
34741, Kissimmee, FL N/A $1,400 $1,650 $1,996
32801, Orlando, FL $1,795 $1,700 $2,850 $2,350
33897, Haines City, FL $1,000 $1,075 $1,750 $2,350

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 $1,690 and an average price per square feet of $3.06. There are a total of 10 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 $1,538 and an average price per square feet of $2.24. There are a total of 162 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 $1.78. There are a total of 229 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 -0.44%, one bedroom rental prices have changed by -0.22%, two bedroom rental prices have changed by -0.18%, and three bedroom rental prices have changed by -0.10% 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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