Thinking about going on a permanent vacation to Orlando, FL? You’re not alone. With its booming job market, thriving entertainment scene, and year-round sunshine, it’s become a magnet for newcomers. But before you pack your bags, let’s take a look at the bottom line—that is, how much rent costs in Orlando, Florida, and how expensive it is to live there in general. In this post, we’ll break down the current rental market, typical costs, and the factors that influence prices so you can make an informed decision about calling Orlando home.
Table of Contents
Orlando Real Estate Market Overview
According to Zillow, the average rental cost in Orlando, Florida sits at $1,995/month, encompassing all property types and bedroom counts. This represents a slight monthly increase of $7, but a year-over-year drop of about $70 compared to previous years. That’s hovering right on the dot of the average cost of rent in the US and considerably cheaper than what you can expect to find in many of the country’s tourist hubs.
Overall, Orlando’s rental market is currently considered “cool.” This means that demand isn’t overwhelming supply, and renters have a bit more leverage when it comes to finding the right home. Renters aren’t facing the bidding wars common in hotter markets, like Miami and Boca Raton. However, one can expect more competition on fancier and well-located units. Proximity to major employers, universities, and attractions drives up prices in certain neighborhoods, but in many instances, the supply is greater than the demand.
“Orlando’s rental market is currently defined by a surge in new apartment construction. This creates a unique situation where the luxury, or Class A, segment is becoming oversupplied. We see new buildings competing aggressively for tenants, which represents a major change from a few years ago. For renters, this means you have more leverage than you might think, especially if you have a strong application.”
Brandon Rimes, Radio Host, Consumer Quarterback Show
Neighborhoods in Orlando
Where you live in Orlando can have a big impact on both your cost of living and the lifestyle you enjoy. In general, neighborhoods closer to major attractions are more expensive, while those farther out provide more space for the money. Access to public transportation, good schools, and local amenities can also raise prices. Let’s break down some of Orlando’s most popular neighborhoods and what makes each one stand out, from what kind of lifestyle they offer to what you can expect to pay in rent.
Downtown Orlando
Downtown is the heart of Orlando. It’s a popular choice for young professionals and anyone who wants to be in the center of the action. Convenience is the main draw as you’re never too far from the nightlife. Small studios and one-bedroom apartments typically start out cheap, but the large selection of newer high-rise apartments raises the median cost.
Lake Nona
Lake Nona has quickly become a hotspot for families and professionals looking for more modern, planned communities. It’s known for its pristine layout and top-notch schools. Because of its suburban layout with fewer big apartment blocks, rent can be moderately high, but it’s a desirable location for working families.
College Park
College Park is located outside of Downtown Orlando, and unlike much of Florida, it’s a surprisingly walkable, self-sufficient community. There’s a charming mix of older, brick apartment blocks, bungalow-style homes, and small, studio apartments that appeal to young, single adults. It’s a popular choice for those who want some downtown charm without the downtown pricetag.
Kissimmee
Kissimmee is a favorite for families and those who work near the theme parks. Rent is generally more affordable than what you’ll find Downtown, and it’s ideal for people seeking more space for the money while staying within commuting distance of the city and attractions.
Looking to move soon?
Check out UniMovers and save 30-50% on your move as compared with traditional moving!
Baldwin Park
Baldwin Park is a planned community built on a former naval training center. With townhomes, a lake, beautiful trails, and a walkable town center, it’s a highly desirable pick for families and professionals alike. However, this is reflected in the cost of rent, and on average, it’s more competitive and expensive than other parts of Orlando.
Cost of Living in Orlando, FL
Of course, the price of rent in Orlando, Florida isn’t the only thing to consider when determining how expensive the city is to live in. You’re going to be paying for a lot more than that, no matter where you live. The cost of living in Orlando is roughly on par with the national average, and the median household income is around $70,000/year. According to Numbeo, a family of four can expect to spend about $4,200 each month, excluding rent, whereas a single adult’s expenses come to around $1,165.
Utilities and everyday expenses in Orlando are fairly average. Electricity, water, and gas will run you about $200 each month, depending on the size of your home and your energy usage, though some apartments will include this in the rent. Internet rates are standard, more affordable than what you’ll find in rural parts of Florida. Groceries are comparable to the national average, though you’ll find higher price tags the closer you are to the theme parks.
Transportation costs can vary depending on your lifestyle. Outside of a few neighborhoods, Orlando is a car-centric city, so be sure to budget for about $3/gallon gas, car insurance, and routine vehicle maintenance. Public transit options like the SunRail are available, but if you’re outside the downtown area, you’ll still need a personal vehicle.
Also, consider how much you plan to allocate for entertainment. For many people, the biggest draw of Orlando is its theme parks, but that expense adds up. For Disney World alone, for example, the cheapest annual pass costs about $500, which only covers entry into the park, not factoring in goods and meals.
Things to Do and See in Orlando
In Orlando, you’re not lacking in options for entertainment. It’s a famous tourist city for a reason, but locals have access to Orlando’s hotspots all year-round, and sometimes with special discounts.
Theme Parks
Let’s get this out of the way—Orlando is world-famous for its theme parks, and they’re a huge part of the city’s entertainment scene. Some of the most popular ones include Walt Disney World, Universal Studios, and SeaWorld, each offering its own attractions, shows, and dining options. Even as a local, many residents enjoy visiting these parks for special events, seasonal celebrations, or just a day of fun, and locals can get discounted season passes.
Outdoor and Nature Activities
Orlando and its surrounding areas are home to numerous lakes, parks, and nature preserves, all of which are good spots to escape the bustle of the city and soak up that Florida sunshine. Kayaking and airboat tours are popular options. Located in Central Florida, Orlando isn’t as beachy as some of Florida’s coastal cities, but you’re not out of luck if you love the water. There are also plenty of nature trails in Orlando to walk along, too!
Nightlife and Dining
Orlando isn’t just a city for daytime family fun. There’s a surprisingly energetic nightlife to the city too, including some old-fashioned speakeasies, local breweries, and upscale wine bars. Mathers Social Gathering is a popular one with a charming, sophisticated atmosphere, or Tin Roof for live music and a more laidback feel.
Moving Companies in Orlando, FL
No matter where you’re moving, an important point to consider is what kind of help you’ll hire. Key things to consider include:
- What services are included (packing, loading, truck, labor)
- Hourly vs flat‑rate pricing, especially if you anticipate stairs or tight access
- Reputation and reliability
Orlando has hubs for most major moving companies. UniMovers is a strong contender, positioning itself as a labor‑only moving company. You supply the truck, and they bring the moving muscle and logistics. If you need help deciding what kind of moving service you’ll need, you can refer to our handy guide.
Conclusion
If you’re considering a move to Orlando, understanding the local rental market and overall cost of living is essential. While rent prices in Orlando, Florida vary by neighborhood and property type, the city generally offers options that are close to the national average, making it more affordable than many major metros across the country, like New York, Seattle, and most California beaches. Each area has its own character and price point, giving renters flexibility to find a home that fits both their lifestyle and budget. Planning ahead and understanding these costs can make your move smoother and less stressful.
FAQs
How much is rent in Orlando, Florida?
Rent in Orlando varies depending on the neighborhood, size, and type of property. In general, it’s affordable, but in more urban, developed neighborhoods close to park attractions, expect to pay more.
Is Orlando expensive to live in?
Orlando is moderately priced. Housing is the biggest expense, and it’s about equal to the national average. Groceries, utilities, and transportation are in the middle of the road, too. Overall, Orlando is less expensive to live in than Tampa or Miami, but more expensive than what you’ll find in smaller towns across Florida.
What neighborhoods in Orlando are the most affordable?
Suburban areas and neighborhoods farther from downtown, such as College Park or Kissimmee, tend to offer more affordable housing options. Rent in Orlando, Florida’s downtown areas and next to its main attractions is much more expensive.
J. Dailey has an English degree with a focus in technical writing. When not busy blogging, find J. Dailey hiking, playing tabletop games, or spending time with cats.
