Downtown Orlando, Orlando, FL Rental Market Trends
Last updated: May 13, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Orlando is $2,031, a 3.91% decrease compared to the previous year, when the average rent was $2,114.
Studio Apartments at $1,551 offer the most budget-friendly option with 576 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 737 square feet for $1,788, balancing privacy and affordability.
Two-beedroom units at $2,317 offer 1,122 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,416 sq ft) for $3,058, suitable for larger households.
Average rent in Downtown Orlando, Orlando, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,031 | 897 sq. ft. |
| Studio | $1,551 | 576 sq. ft. |
| 1 Bed | $1,788 | 737 sq. ft. |
| 2 Beds | $2,317 | 1,122 sq. ft. |
| 3 Beds | $3,058 | 1,416 sq. ft. |
Downtown Orlando, Orlando, FL rent trends
Rental prices in Downtown Orlando, Orlando, FL have decreased by 3.91% over the past year. The average rent moved from $2,114 to $2,031.
What's the typical rent budget in Downtown Orlando, Orlando, FL?
The largest share of rentals in Downtown Orlando, Orlando, FL (51%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Orlando, Orlando, FL?
7,045 or 69% of the households in Downtown Orlando, Orlando, FL are renter-occupied while 3,197 or 31% are owner-occupied.
Most affordable neighborhoods in Downtown Orlando?
Rosemont $1,287/month
Lake Sunset $1,319/month
Ventura $1,359/month
All of these neighborhoods fall below the city wide average of $1,788/month.Most expensive neighborhoods in Downtown Orlando?
Florida Center $2,171/month
North Orange $2,290/month
Baldwin Park $2,340/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Orlando, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Baldwin Park | $2,340 |
| North Orange | $2,290 |
| Florida Center | $2,171 |
| Colonial Town Center | $2,124 |
| Downtown Orlando | $2,028 |
| Princeton - Silver Star | $2,017 |
| Lake Nona | $2,016 |
| Vista East | $1,864 |
| Airport North | $1,838 |
| Millenia | $1,760 |
| Metro West | $1,750 |
| Lake Underhill | $1,744 |
| Florida Center North | $1,621 |
| Lake Fredrica | $1,598 |
| Kirkman North | $1,596 |
| Mariners Village | $1,560 |
| Engelwood Park | $1,546 |
| Kirkman South | $1,492 |
| South Semoran | $1,485 |
| Conway | $1,445 |
| Ventura | $1,359 |
| Lake Sunset | $1,319 |
| Rosemont | $1,287 |
Orlando | Rent Comparison by Neighborhood
Rent in Downtown Orlando is 10% higher than in Airport North
Downtown Orlando rent is 1% lower than Orlando average
Airport North rent is 10% lower than Orlando average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Orlando apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.