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Orlando FL Apartment Market Read

Covers Orlando, Kissimmee and Sanford.
Current market read
Balanced market
ConditionBalanced
RentersLandlords
Balanced on the yearly data, with the monthly figures, asking rents and jobs cooling.
From public data. The situation now, not a forecast.
Renter Google searchabout 6,600 searches in August 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly

About 6,600 searches in August 2026, for Orlando on its own

November is usually one of the quietest months for renter searches here.

What renters Google mostHousesSee all →

Attention, not a verdict. Google searches for apartments to rent.

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Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Asking rents are slipping (September 2026).
Job growthBLS · SEPTEMBER 2026, PRELIMINARY
+1.0%
▲ Hiring, past 12 months
Job growth · 12 months
Oct 2025 to Sep 2026, with Pro
VacancyCENSUS · 2024
7.1%2024 COUNT
Share of rentals sitting empty. A yearly count, last taken 2024, not what sets the condition.
Asking rentZILLOW · MONTHLY
$1,764 a month
September 2026, ▼ down 0.1% on September 2025
Data Provided by Zillow Group
Asking rent · 24 months
Oct 2024 to Sep 2026, with Pro
Census 2024: +4.3% · US avg +4.6%
Median rentCENSUS · 2024
$1,877/mo
Typical rent. A yearly count, last taken 2024
Median rent · 8 yearly counts
2017 to 2025, no 2020, with Pro
Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
SUPPLY
DEMAND
Jobs+1.0%
Migration 2025−0.6/1k
SUPPLY
Permits 2025+58%
Vacancy 20247.1%
Rent vs buyWEEKLY RATE · 2024 RENT
+$1,185/mo
Cheaper to rent than buying
rent $1,877 · own $3,062
$1,877
RENT
$3,062
OWN
Domestic migrationCENSUS · 2025
−0.6/1k
▼ More people left for other US places than moved in. A yearly count, last taken 2025.
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.