Apartments in Lake Eola Heights Orlando

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16
$1,599 - 1,699
3373 Coe Ave Orlando, FL
1 BR | Available Now
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1
$1,700
921 18th St Orlando, FL
2 BR | Available Now
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20
$2,095
Orlando, FL
3 BR | Available Now
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1
$750 - 1,000
1610 S Orange Blossom Trl Orlando, FL
1 - 2 BR | Available Now
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25
$1,999
Orlando, FL
3 BR | Available Now
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$2,875
1313 Radclyffe Rd Orlando, FL
3 BR | Available Now
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1
$1,100
1311 22nd St Orlando, FL
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$1,490
1626 Roosevelt Ave Orlando, FL
2 BR | Available Now
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Orlando:
December Rent Report

Welcome to the December 2024 Orlando Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Orlando rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Orlando and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Orlando average rent prices in the chart below.

Monthly Rent Report

$2,000
$1,500
$1,000
$500
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Orlando Rent Prices Increase From November to December

Orlando rent prices increased over the last month. From November to December, the city experienced a 0.45% increase for the price of a one-bedroom apartment. The rent price for a Orlando one-bedroom apartments currently stands at $1,577.0.

When we take a look at the two-bedroom comparison from November to December, Orlando experienced a 0.31% increase for the price of a two-bedroom apartment. The rent price for a Orlando two-bedroom apartments currently stands at $1,937.0.

December Prices: Orlando vs. Surrounding Areas

Sanford, FL
Winter Garden, FL
Clermont, FL
Kissimmee, FL
Davenport, FL
Orlando, FL
Winter Park, FL
Altamonte Springs, FL
$1,809
$1,808
$1,715
$1,702
$1,647
$1,570
$1,432
$1,400
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Orlando and Surrounding Areas

Rent prices have increased in Orlando over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Orlando suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Sanford, FL, Clermont, FL .

  • Rent decreased in Kissimmee, FL, Davenport, FL, Winter Park, FL, Winter Garden, FL, Altamonte Springs, FL.

  • 5 suburbs are currently priced higher than the city of Orlando.

  • 2 suburbs are currently priced lower than the city of Orlando.

December 2024 Pricing Trends: Orlando vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Orlando, FL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,570
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Orlando Rent Prices More Affordable Than Major Cities

Rent growth in Orlando over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Orlando average rent prices appear to be relatively affordable for local residents.

The price for a Orlando one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Orlando and surrounding area rent prices, take a look at the complete data set below.

Data set for Orlando and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Orlando, FL $1,570.0 0.38% $1,931.0 0.36%
Sanford, FL $1,809.0 1.01% $1,930.0 0.57%
Kissimmee, FL $1,702.0 -0.06% $1,963.0 -1.51%
Davenport, FL $1,647.0 -0.84% $1,972.0 -0.86%
Winter Park, FL $1,432.0 -1.04% $1,732.0 -0.80%
Winter Garden, FL $1,808.0 0.00% $2,289.0 0.26%
Altamonte Springs, FL $1,400.0 -0.50% $1,701.0 0.53%
Clermont, FL $1,715.0 0.94% $2,060.0 -1.91%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.