RentData

Average Rent in Orlando, FL Rents rising 5.4% YoY🔺 6th priciest in FL

HUD FY2025 · Official government data · Updated annually · Metro pop. 2,721,022

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Orlando, FL has rental prices ranging from $1,636/month to $2,960/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,727/month — 23% above the national average of $1,400/month. With a median household income of $75,611/year, spending $1,727/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 $1,958/month, Orlando ranks #6 most expensive of the 54 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 risen by $101/month (5.4%) over the past year, from $1,857 to $1,958. This modest growth is consistent with broader inflationary trends seen across US rental markets.

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 $69,080. The local median household income of $75,611 exceeds that threshold by $6,531, making Orlando relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Orlando, FL is $376,216, giving a price-to-rent ratio of 16.0. 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 286.4 per 100,000 residents (moderate) and a property crime rate of 1360.91 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 Conway ($144,435 median home value), Lake Frendrica ($156,141 median home value), Park Central ($156,847 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.

Fair Market Rents

HUD FY2025
Studio
$1,636
Affordable
1 Bedroom
$1,727
Affordable
2 Bedrooms
$1,958
5.4% YoY
Average
3 Bedrooms
$2,486
Average
4 Bedrooms
$2,960
Expensive
🔔
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Median Home Value
$376,216
Source: Zillow ZHVI
Est. monthly payment
$2,002/mo
20% down · 30yr · 7%

Is Orlando, FL Affordable?

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

Affordability Index(30% income rule)

To rent a 2BR
$78,320/year
Local median income: $75,611
To buy a median home
$80,095/year
US national median: $75,000
💡 Based on a 2BR rent of $1,958/month and 20% down on a $376,216 home at 7% rate.

Nearby Cities in FLlargest metros in the state

CityStudio1BR2BR3BRHome Value
West Palm Beach$1,639$1,830$2,187$2,856
Miami$1,711$1,898$2,329$3,008
Fort Lauderdale$1,768$1,929$2,388$3,297
Tampa$1,566$1,686$1,978$2,533
Jacksonville$1,381$1,454$1,730$2,163
North Port$1,266$1,580$1,846$2,425

Rent or Buy in Orlando?

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

Should I Rent or Buy?

Break-even analysis using real Orlando data

$
Home Value
$376,216
2BR Rent
$1,958/mo
Mortgage Rate
7%
Monthly P&I
$2,002/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,770/movs rent: $1,958/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $376,216 home at 7% rate

20% — $75,243
3%50%
Estimated Monthly Payment
$2,002
per month · 30 years · 7% APR
Loan Amount
$300,973
Total Paid
$720,857
Total Interest
$419,884
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Orlando

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Frequently Asked Questions

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🏘️Neighborhoods in Orlando

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Orlando

Is it cheaper to rent or buy here?

💵Rent Affordability in Orlando

Salary needed to afford rent here

🗺️All Cities in FL

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⚖️Compare Orlando

Side-by-side rent & cost of living with any city

📋FL Tenant Rights

Deposit limits, eviction laws & renters protections