Orlando rents and rental comps

The median asking rent across Orlando, FL sits at $1,906/month, pulled from active rental listings in 17 zip codes. That's down 3.0% from a year ago.

Rents aren't uniform across the city. ZIP 32814 tops the list at $3,490/month. ZIP 32805 comes in lowest at $1,300/month. That's a 168% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.

A 2-bedroom rents for $1,680/month at the median. 1-bedrooms run about $1,350. 3-bedrooms come in around $2,296.

Listings take longer here. The average is 49 days on market, which gives renters more room to negotiate and means landlords should price carefully.

Rent-to-price math is tight in Orlando. The gross figure sits at about 6.4% ($1,906/month against $359,000 median price). Most investors here are betting on appreciation, not monthly cash flow.

HUD's Fair Market Rent for a 2-bedroom in the Orlando metro is $2,220/month. Asking rents come in about 14% below the federal benchmark, which can make Section 8 properties competitive here.

Orlando's economy is dominated by Disney, Universal, and the convention industry, which is a positive for rental landlords. The parks operate year-round, and the hospitality workforce needs housing year-round. None of the seasonal dropoff you see in beach towns. Downtown Orlando and Winter Park are the premium areas for professionals. Near the parks, you're serving a different tenant base at lower price points. A tech and defense simulation industry tied to UCF and military contracts is diversifying things further. STR rules vary by jurisdiction, so check the specific regulations before committing to an Airbnb strategy.

These numbers are city-wide averages. If you're pricing a specific property in Orlando, pull comps from the same zip code. The spread is usually bigger than people expect.