Orlando multifamily market, October 2026

Neither side has the edge in Orlando, and it is cooling: asking rents are down 0.1% on a year, while jobs grew 1.0%.

Updated October 31, 2026 · from Zillow, BLS and the US Census Bureau

-0.1%

Asking rent, year over year

Zillow · September 2026

+1.0%

Jobs, year over year

BLS · September 2026, preliminary

7.1%YEARLY

Vacancy

Census · 2024 count

What is moving now

Asking rents are down 0.1% on a year to September 2026, which is the figure the condition is read from. Jobs are up 1.0% over the same year to September 2026, a first release the BLS revises the following month. Asking rents are slipping (September 2026).

The backdrop

These are yearly Census counts, not this month's: 7.1% of rentals sat empty in 2024, permits for new apartments were up 58% in 2025, more people moved out than in in 2025, and the typical rent was $1,877 a month in 2024. They are the background the monthly figures move against, and they are the newest the Census has published.

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Common questions about Orlando

Answered from the data, updated October 31, 2026

Is the Orlando rental market tight or soft right now?

In Orlando right now, neither side has a clear edge, and it is cooling.

Which way is the Orlando market heading?

Orlando is cooling right now, as asking rents stay about flat over the past year (Zillow ZORI, monthly).

Is Orlando a landlord's or a renter's market?

Orlando is a balanced market right now, with neither side holding a clear edge.

What is the vacancy rate in Orlando?

Vacancy in Orlando is 7.1% in the 2024 count, a yearly snapshot rather than a monthly reading (US Census Bureau).

How much have Orlando rents changed?

Asking rents in Orlando are about flat over the past year (Zillow ZORI, monthly, latest Sep 2026).

Recent coverage

Daily, from the MetroSgnl news feed. Headlines only.

What’s Ahead for the Orlando Housing Market?Builder Magazine

Historic Orlando hospital site could become affordable housing, health care hubWKMG

Subtext Opens 626-Bed VERVE Orlando Student Housing Development Near University Of Central FloridaFlorida YIMBY

The Beacon brings 115 affordable apartments to Parramore areaSpectrum News 13

Hamilton Point Acquires Central Florida Multifamily Asset for $57MYield PRO

Subtext Completes Student Housing Developments in Florida, TennesseeREBusinessOnline

See all Orlando news →

Data: Zillow ZORI, BLS, US Census Bureau, FRED, and the MetroSgnl news feed. Recomputed daily. Market information only, not investment advice.
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