Average Rent in Lake Nona, Orlando, FL

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Current Versus Historical Lake Nona, Orlando, FL Rents

Lake Nona rentals average $1,725 for a 1-bedroom rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $3,000, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $1,069 (156.88%) year-over-year from $681 to $1,750. 1-bedroom rentals prices have decreased by $25 (-1.37%) year-over-year from $1,825 to $1,800. 2-bedroom rentals prices have decreased by $272 (-10.17%) year-over-year from $2,672 to $2,400. 3-bedroom rentals prices have increased by $183 (6.50%) year-over-year from $2,812 to $2,995. 4-bedroom rentals prices have decreased by $148 (-4.36%) year-over-year from $3,398 to $3,250. 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 0.00% this month. 1-bedroom rents have gone up by 0.20% this month. 2-bedroom rents have gone down by 3.36% this month. 3-bedroom rents have gone up by 2.22% this month. 4-bedroom rents have gone down by 14.81% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.36 $1,800 $1,825 (-1.37%) $1,549 (16.20%)
2 BR $1.52 $2,400 $2,672 (-10.17%) $1,992 (20.51%)
3 BR $1.62 $2,995 $2,812 (6.50%) $2,700 (10.94%)
4+ BR $1.46 $3,250 $3,398 (-4.36%) $3,692 (-11.96%)

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 12 cities nearby Lake Nona. The average rent in Lake Nona is currently $2,258 per month. A total of 12 cities nearby have an average rent lower than that. Our records show that Altamonte Springs, FL, with an average rent of $1,550, 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 $2,950 per month.

Let's compare Lake Nona, Orlando, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 24.64% more expensive. Two bedrooms in Lake Nona, Orlando, FL are about 25.53% more expensive. Finally, rent for three bedrooms are about 23.35% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Lake Nona, Orlando, FL in the following chart.
City Studio 1 Bed 2 Bed All
Altamonte Springs, FL N/A $1,250 $1,600 $1,550
Poinciana, FL N/A $1,075 $1,800 $1,900
Orlando, FL $1,300 $1,450 $1,800 $1,995
St. Cloud, FL N/A $1,500 $1,700 $2,250
Kissimmee, FL N/A $1,300 $1,695 $2,265
Meadow Woods, FL N/A $1,125 $1,700 $2,500
Alafaya, FL N/A $1,450 $2,100 $2,500
Four Corners, FL N/A $1,300 $1,900 $2,500
Winter Garden, FL N/A $1,650 $1,950 $2,699
Horizon West, FL N/A $1,700 $2,600 $2,950

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 $1,745 per month. A total of 2 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Lake Nona, Florida Center North has the most affordable average rent at $1,690 per month. Whereas, at $1,800 average rent per month, Metro West is the most expensive neighborhood in or near Lake Nona. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Florida Center North, Orlando, FL N/A $1,300 $1,750 $1,690
Metro West, Orlando, FL N/A $1,300 $1,750 $1,800

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 $2,348. That's roughly around $1 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 $1,750. Vice versa, with an average rent of $2,800, Southwest 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 18.70% more expensive than other counties nearby. Finally, rent for two bedrooms in Lake Nona, Orlando, FL is 23.62% 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 $1,250 $1,625 $1,750
Orlando, FL $1,225 $1,400 $1,750 $1,999
Sanford, FL N/A $1,275 $1,750 $2,150
Kissimmee, FL N/A $1,403 $1,795 $2,300
Oviedo, FL N/A $1,373 $1,825 $2,300
Winter Garden-Ocoee, FL N/A $1,495 $1,800 $2,348
Union Park, FL N/A $1,425 $1,750 $2,365
St. Cloud, FL $1,250 $1,500 $1,750 $2,397
East Orange, FL N/A $1,820 $2,150 $2,795
Southwest Orange, FL N/A $1,590 $1,895 $2,800

Top Zipcodes Near Lake Nona

There are a total of 17 zipcodes in or near Lake Nona, Orlando, FL. The average rent for all of these zipcodes is $2,218. A total of 17 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 $1,600 per month. In comparison, the zipcode with the most expensive average rent of $2,850 per month is 34787, Winter Garden, 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 $1,373 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,750 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 $1,125 $1,750 $2,500
34744, St. Cloud, FL N/A $1,500 $1,650 $2,400
32822, Orlando, FL N/A $1,300 $1,650 $1,663
32825, Alafaya, FL N/A $1,373 $1,723 $2,383
32839, Orlando, FL $1,050 $1,281 $1,650 $1,600
32837, Williamsburg, FL N/A $1,475 $1,813 $2,100
34741, Kissimmee, FL N/A $1,300 $1,695 $2,200
32828, Alafaya, FL N/A $1,450 $2,100 $2,400
32811, Orlando, FL N/A $1,300 $1,700 $1,713
32819, Doctor Phillips, FL N/A $1,450 $1,850 $2,600

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 $3,000. 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 0 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 $1,725 and an average price per square feet of $2.36. 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 $2,350 and an average price per square feet of $1.52. There are a total of 5 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 1.57%, one bedroom rental prices have changed by -0.01%, 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 Lake Nona, Orlando, FL?
A reasonable rent price in Lake Nona, Orlando, FL is around $2,400/month. You can search for these reasonably priced rental listings on RentHop.
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