Average Rent in Orlando, FL↓ Rents falling 0.7% YoY🔺 8th priciest in FL

Orlando, FL has rental prices ranging from $1,658/month to $2,856/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,726/month — 23% above the national average of $1,400/month. With a median household income of $75,611/year, spending $1,726/month on a 1-bedroom represents 27% of gross income — within the recommended 30% threshold.

How Orlando Compares

With an average 2-bedroom rent of $1,959/month, Orlando ranks #8 most expensive of the 56 cities tracked in Florida — pricier than 97% of all US cities in our data.

The Orlando Rental Market

The Orlando, FL area has a population of about 2,721,022 and 37% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Orlando, FL have fallen by $13/month (0.7%) over the past year, from $1,972 to $1,959. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Orlando, FL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $69,040. The local median household income of $75,611 exceeds that threshold by $6,571, making Orlando relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Orlando, FL is $372,775, giving a price-to-rent ratio of 15.9. With a break-even horizon of approximately 16 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Safety

Crime statistics for Orlando, FL show a violent crime rate of 278.13 per 100,000 residents (moderate) and a property crime rate of 1317.64 per 100,000 residents (low). As with any metro area, crime rates vary widely by neighborhood — prospective renters are encouraged to research specific areas within Orlando before signing a lease.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Orlando's neighborhoods. Among the highest-value areas are Lake Frendrica ($128,890 median home value), Conway ($141,962 median home value), South Semoran ($142,498 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Orlando, FL Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Orlando?

Break-even analysis and mortgage estimates based on local market data.

Living in Orlando

Cost of living, job market, crime rates, and moving cost estimates.