GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Orlando

The average monthly rent in Orlando is around $1,600 for a one-bedroom apartment and $2,000 for a two-bedroom apartment.

In this post, we will examine a comprehensive overview of the average rent in Orlando based on a range of statistical data. With insights into various types of rental properties and neighborhood-specific figures, we aim to provide a detailed understanding of the current rental landscape in one of Florida’s bustling cities.

Statistic 1

"The average rent in Orlando saw a 7% increase over the past year."

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Statistic 2

"The average rent for a two-bedroom apartment in Orlando is about $1,557 per month."

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Statistic 3

"Orlando's average rent for a studio apartment is around $1,200 per month."

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Statistic 4

"The average rent in the downtown area of Orlando is $1,800 per month."

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Statistic 5

"The average rent for a pet-friendly apartment in Orlando is $1,600 per month."

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Statistic 6

"The average rent in Orlando for a three-bedroom apartment is $1,800 per month."

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Statistic 7

"The average rent in Orlando for a one-bedroom apartment is approximately $1,350 per month."

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Statistic 8

"Orlando's most affordable neighborhoods have average rents of around $1,100 per month."

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Statistic 9

"The average monthly rent for a four-bedroom house in Orlando is around $2,400."

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Statistic 10

"Orlando's Lake Eola Heights neighborhood has an average rent of $1,700 per month."

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Statistic 11

"35% of apartments in Orlando offer in-unit laundry facilities."

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Statistic 12

"In the last five years, the average rent in Orlando has increased by 20%."

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Statistic 13

"The average utility cost for renters in Orlando is around $150 per month."

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Statistic 14

"In Orlando, 45% of the rental population consists of young professionals."

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Statistic 15

"Around 50% of rental units in Orlando are occupied by single residents."

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Statistic 16

"Orlando's average vacancy rate for rental units is around 6.5%."

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Statistic 17

"The average rent in Orlando's Avalon Park neighborhood is $1,450 per month."

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Statistic 18

"Orlando's average rent is about 10% higher than the national average."

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Statistic 19

"The average rent in Orlando's suburbs is $1,350 per month for a two-bedroom apartment."

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Statistic 20

"Orlando is the 25th most expensive city in the U.S. for renters."

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In conclusion, the statistics on average rent in Orlando reveal a city experiencing notable increases in rental prices across different property types and neighborhoods. These figures show Orlando as a rental market with a diverse range of options, from more affordable neighborhoods with lower average rents to upscale areas commanding higher prices. The data also highlight key insights such as the growing popularity of pet-friendly apartments and the prevalence of in-unit laundry facilities. Overall, Orlando’s rental landscape presents opportunities for various demographics, with young professionals making up a significant portion of the rental population and single residents occupying a substantial share of rental units. Orlando’s position as the 25th most expensive city for renters in the U.S. underscores the competitive nature of its rental market amid rising costs and demand.

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