Average Rent in Orlando, FL

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Current Versus Historical Orlando, FL Rents

Orlando rentals average $1,300 for a studio rental to $3,600 for a 4-bedroom rental. The median price of all currently available listings is $1,995, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $568 (-30.42%) year-over-year from $1,868 to $1,300. 1-bedroom rentals prices have decreased by $233 (-13.95%) year-over-year from $1,668 to $1,435. 2-bedroom rentals prices have decreased by $134 (-6.94%) year-over-year from $1,934 to $1,800. 3-bedroom rentals prices have decreased by $214 (-8.51%) year-over-year from $2,514 to $2,300. 4-bedroom rentals prices have increased by $529 (17.79%) year-over-year from $2,972 to $3,500. 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 12.40% this month. 1-bedroom rents have gone down by 16.39% this month. 2-bedroom rents have gone down by 15.33% this month. 3-bedroom rents have gone down by 9.80% this month. 4-bedroom rents have gone up by 5.00% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.21 $1,300 $1,868 (-30.42%) $1,329 (-2.17%)
1 BR $2.07 $1,435 $1,668 (-13.95%) $1,525 (-5.89%)
2 BR $1.72 $1,800 $1,934 (-6.94%) $1,822 (-1.19%)
3 BR $1.58 $2,300 $2,514 (-8.51%) $2,220 (3.60%)
4+ BR $1.46 $3,500 $2,972 (17.79%) $2,660 (31.58%)

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 $2,265 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 $1,550, 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 $2,950 per month.

Let's compare Orlando, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 10.34% more expensive. Two bedrooms in Orlando, FL are about 5.56% more expensive. Finally, rent for three bedrooms are about 4.76% 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 $1,250 $1,600 $1,550
Poinciana, FL N/A $1,075 $1,800 $1,900
Sanford, FL N/A N/A $1,595 $1,965
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 Orlando

There are a total of 3 neighborhoods in or near Orlando. Some of these neighborhoods include Florida Center North, Metro West, and Lake Nona. We've included all of these top 3 neighborhoods in or near Orlando, FL in the following chart.

The average rent for these 3 neighborhoods in or near Orlando, FL is currently around $1,800 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Orlando, Florida Center North has the most affordable average rent at $1,690 per month. Whereas, at $3,000 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
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
Lake Nona, Orlando, FL N/A $1,725 $2,350 $3,000

Top Counties Near Orlando

There are a total of 3 counties located by Orlando, FL. Some of these counties include Casselberry-Altamonte Springs, FL, Orlando, FL, and Kissimmee, FL. The average rent for rentals in these counties is $2,348. That's roughly around $1 per sqft. A total of 1 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 Orlando, FL.

In comparison, rent for one bedroom listings in Orlando, FL is 3.28% more expensive than other counties nearby. Finally, rent for two bedrooms in Orlando, FL is 0.28% 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
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
Apopka, FL N/A $1,250 $1,988 $2,400
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 Orlando

There are a total of 17 zipcodes in or near Orlando, FL. The average rent for all of these zipcodes is $2,218. A total of 5 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 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 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 $1,595 $1,895 $2,500
34787, Winter Garden, FL N/A $1,675 $1,975 $2,850
34741, Kissimmee, FL N/A $1,300 $1,695 $2,200
32824, Orlando, FL N/A $1,125 $1,750 $2,500
32822, Orlando, FL N/A $1,300 $1,650 $1,663
32837, Williamsburg, FL N/A $1,475 $1,813 $2,100
34744, St. Cloud, FL N/A $1,500 $1,650 $2,400
32828, Alafaya, FL N/A $1,450 $2,100 $2,400
32819, Doctor Phillips, FL N/A $1,450 $1,850 $2,600
32811, Orlando, FL N/A $1,300 $1,700 $1,713

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 $1,995. 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 $1,300 and an average price per square feet of $3.21. There are a total of 7 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 $1,450 and an average price per square feet of $2.07. There are a total of 159 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 $1,800 and an average price per square feet of $1.72. There are a total of 283 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 -0.30%, one bedroom rental prices have changed by -0.14%, two bedroom rental prices have changed by -0.07%, and three bedroom rental prices have changed by -0.09% year-over-year.
What is a reasonable rent price in Orlando, FL?
A reasonable rent price in Orlando, FL is around $1,596/month. You can search for these reasonably priced rental listings on RentHop.
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