Apartments in Lake Formosa Orlando

1 - 30 of 98 Results
11
$1,600
1423 Asher Ln Orlando, FL
1 BR | Available Now
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Lake Formosa
$2,150
529 Virginia Dr Orlando, FL
2 BR | Jun. 1, 2024
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Lake Formosa
12
$1,365 - 1,380
1730 Gurtler Ct Orlando, FL
1 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
North Orange
$1,625
1412 Granville Ln Orlando, FL
2 BR | Jun. 1, 2024
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Dishwasher
Rowena Gardens
17
$1,495
Orlando, FL
2 BR | Available Now
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North Orange
39
$4,250
721 Terrace Blvd Orlando, FL
4 BR | Available Now
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Disability Access
10
$1,675
Orlando, FL
2 BR | Available Now
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Balcony/Deck/Patio
Storage
13
$1,730
828 Laurel St Orlando, FL
2 BR | Jun. 1, 2024
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1
$1,895
847 Highland Ave Orlando, FL
2 BR | Ask for Availability
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Storage
$1,495
614 Park Lake St Orlando, FL
1 BR | Available Now
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Lake Eola Heights
12
$1,650
Orlando, FL
1 BR | Available Now
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8
$1,600
911 N Orange Ave Unit 323 Orlando, FL
1 BR | Available Now
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Dishwasher
13
$1,700
Orlando, FL
1 BR | Available Now
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Storage
9
$1,425
911 N Orange Ave Unit 245 Orlando, FL
1 BR | Jun. 7, 2024
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Dishwasher
32
$1,399
Orlando, FL
1 BR | Available Now
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Fitness Center
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Dishwasher
5
$1,625
Orlando, FL
1 BR | Available Now
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Fitness Center
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9
$1,600
Orlando, FL
1 BR | Available Now
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Storage
Dishwasher
49
$1,570
911 N Orange Ave #436 Orlando, FL
1 BR | Available Now
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Storage
9
$1,450
911 N Orange Ave Unit 435 Orlando, FL
1 BR | Available Now
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Dishwasher
11
$1,450
911 N Orange Ave Unit 122 Orlando, FL
1 BR | Available Now
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Dishwasher
Pool
10
$1,899
730-732 N Highland Ave Orlando, FL
2 BR | Available Now
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Lake Eola Heights
6
$1,500
860 N Orange Ave Unit 111 Orlando, FL
1 BR | Available Now
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47
$1,970
860 N Orange Ave #370 Orlando, FL
Studio | Jun. 10, 2024
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Fitness Center
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Disability Access
13
$1,950
Orlando, FL
2 BR | Available Now
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Cat Friendly
Storage
Dishwasher
24
$3,040
539 W Yale St Orlando, FL
2 BR | Jun. 1, 2024
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Dishwasher
16
$1,475
Orlando, FL
1 BR | Available Now
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Fitness Center
Storage
21
$1,400
860 N Orange Ave Orlando, FL
Studio | Jun. 7, 2024
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Fitness Center
Storage
34
$2,495
606 Vassar St Orlando, FL
2 BR | Ask for Availability
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26
$3,595
1313 Buckingham Rd Winter Park, FL
4 BR | Available Now
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Disability Access
34
$1,679 - 2,529
777 N Orange Ave Orlando, FL
Studio - 2 BR | Available Now
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Section 8
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Orlando:
May Rent Report

Welcome to the May 2024 Orlando Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Orlando rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Orlando and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Orlando average rent prices in the chart below.

Monthly Rent Report

$2,150
$1,610
$1,080
$540
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Orlando Rent Prices Increase From April to May

Orlando rent prices increased over the last month. From April to May, the city experienced a 1.24% increase for the price of a one-bedroom apartment. The rent price for a Orlando one-bedroom apartments currently stands at $1,555.0.

When we take a look at the two-bedroom comparison from April to May, Orlando experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Orlando two-bedroom apartments currently stands at $1,882.0.

May Prices: Orlando vs. Surrounding Areas

Clermont, FL
Ocoee, FL
Kissimmee, FL
Davenport, FL
Sanford, FL
Orlando, FL
Altamonte Springs, FL
Winter Park, FL
$1,799
$1,751
$1,656
$1,650
$1,538
$1,536
$1,460
$1,393
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Orlando and Surrounding Areas

Rent prices have increased in Orlando over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Orlando suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Altamonte Springs, FL, Ocoee, FL, Sanford, FL .

  • Rent decreased in Davenport, FL, Kissimmee, FL, Clermont, FL, Winter Park, FL.

  • 4 suburbs are currently priced higher than the city of Orlando.

  • 3 suburbs are currently priced lower than the city of Orlando.

May 2024 Pricing Trends: Orlando vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Orlando, FL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,536
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Orlando Rent Prices More Affordable Than Major Cities

Rent growth in Orlando over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Orlando average rent prices appear to be relatively affordable for local residents.

The price for a Orlando one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Orlando and surrounding area rent prices, take a look at the complete data set below.

Data set for Orlando and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Orlando, FL $1,536.0 0.13% $1,882.0 0.21%
Davenport, FL $1,650.0 -0.18% $1,891.0 1.23%
Kissimmee, FL $1,656.0 -0.48% $1,866.0 1.91%
Clermont, FL $1,799.0 -1.86% $2,130.0 1.67%
Altamonte Springs, FL $1,460.0 0.14% $1,711.0 0.06%
Winter Park, FL $1,393.0 -0.36% $1,735.0 -0.29%
Ocoee, FL $1,751.0 1.92% $2,171.0 5.44%
Sanford, FL $1,538.0 0.72% $1,711.0 0.00%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.