Here are The Most and Least Expensive Places to Rent in Central Florida!

By
Real Estate Agent with Re/Max Town & Country Realty BK560717

It is a good idea to consider the cost of renting a one-bedroom home if you believe purchasing and owning a property in Central Florida and the Orlando area is costly. It hurts!

In a region in central Florida, the cost of rent and mortgages is going up, and there aren't a lot of indications that prices will start to go down shortly. Research from Zumper indicates that the median monthly rent for a one-bedroom flat in the Orlando metropolitan area was $1,680 in the previous month.
In the same survey, the cities in the Orlando metropolitan area with the lowest and highest rentals were ranked. Several communities in Florida, including Deltona, Titusville, and Leesburg, have the lowest rents, while Clermont, Orlando, and Palm Coast have the highest rents. 

 

Most expensive cities to rent in Orlando:

Clermont was named the most costly city to reside in, with a one-bedroom flat costing $1,700. This means that it is the most expensive city to rent in Orlando. Palm Coast had the third-highest rent at $1,600, followed by Orlando, which had the second-highest rent at $1,630. Palm Coast was the second-most expensive neighborhood. 
Additionally, the report discovered that Clermont experienced a rent increase of almost 2.4% at the end of the previous month, making it the third metro Orlando city with the highest rent increase. 

 

Least expensive cities to live in Orlando:

Deltona was the most affordable city, with one-bedroom apartments costing $1,090 monthly. Leesburg and Titusville tied for second place with rents of $1,100 monthly. Deltona was the city with the lowest cost of living in Orlando. The city of Ocala came in third place with a rent of $1,210.

When it came to the cities that experienced the most rapid growth from one year to the next, Deltona had the highest rent growth, with a 28.2% increase from July 2022. The second-highest increase in rent was seen in Daytona Beach, which was 27.6%, followed by Ocala, which experienced a 21% increase in rent.

 

In the Orlando metropolitan region, the following is a comprehensive list of the median rent prices:

  1. Clermont - $1,700
  2. Palm Coast - $1,600
  3. Orlando - $1,630
  4. Winter Park - $1,500
  5. Sanford - $1,520
  6. Melbourne - $1,480
  7. Altamonte Springs - $1,340
  8. Kissimmee - $1,460
  9. Daytona Beach - $1,340
  10. Port Orange - $1,300
  11. Palm Bay - $1,340
  12. Titusville - $1,100
  13. Ocala - $1,210
  14. Leesburg - $1,100
  15. Deltona - $1,090

 

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About Realtor Scott Garrison:

Bringing over 36+ years of experience as a local Orlando Realtor, Top Central Florida Realtor SCOTT GARRISON at ReMax Town & Country Real State has helped perhaps more Orlando-Area families and investors buy and sell Central Florida Residential Real Estate than any other of the #19,000+ Orlando Realtors currently working in the Central Florida area! 

 

Living in Oviedo and with RE/MAX Real Estate offices in both WINTER SPRINGS, Florida and WINTER PARK, FL, Top Realtor SCOTT GARRISON actively serves your best Residential Real Estate needs virtually anywhere you’d want to be in Central Florida… including Orange, Seminole, Volusia, Osceola, Brevard, and Lake Counties. Scott has lived here in the Central Florida local Orlando-Area for nearly all of his life, attending the local Winter Park High School and graduating with several degrees from the nearby University of Central Florida. 

 

As a Top Seminole & Orange County Real Estate Agent, Realtor Scott Garrison also has extensive experience in Residential Sales and Purchases, Vacant Land and in helping clients with Foreclosures and Short Sales!  He owns multiple Rental Property right here in the area, and over the years, has done many “flips” by buying “ugly houses” and making them Pretty for a new buyer, so he also understands the Real Estate Investor mindset!  Call Scott today to find out why “This Realtor WORKS!”

Comments (1)

Dennis Neal
RE/MAX, Big Bear - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Thank you for sharing such valuable insights! Wishing you a week filled with success and happiness.

Feb 12, 2024 12:17 PM