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Orlando is located in Central Florida and has an ever-growing population of around 300,000. This makes it the 4th most populous city in the State of Florida and the 72nd in the nation. The Orlando real estate market benefits from the fact that the population growth rate for the city is twice the national growth rate. For the past 5 years, the city has experienced positive net migration. And with about 65% of this population renting rather than buying a home (according to NeighborhoodScout), Orlando rental properties enjoy high demand and occupancy rates.

 

The City of Orlando boasts a strong economy which makes for a high employment growth rate. The tourism and entertainment industries lead the way in the city thanks to the presence of popular tourist destinations like Walt Disney World, Sea World, and Universal Orlando Resort. Over 50 million tourists are welcomed annually. Still, the “Theme Park Capital of the World” has a diverse economy with other industries that offer great opportunities to the growing population seeking employment. These industries include healthcare, education, advanced manufacturing, aviation, aerospace, defense, and innovative technologies.

 

The Orlando housing market landed a spot in the Top 5 Markets to Watch in 2019  in the annual PWC real estate report. It’s actually the #1 real estate market in the South Atlantic and Florida Region of the US. Orlando is continuously recognized as one of the best places to invest in real estate.

Orlando Realtors and Real Estate Agents


Orlando  Real Estate Investment Performance
Facts and Market Trends in Orlando
Homes For Sale603
Airbnb Properties595
Rental Properties2,940
Traditional Vacancy rate7.00%
Airbnb Occupancy Rate54.52%
Mashmeter65.11%
Median Price$264,900
Median Rent Price$1,608
Price/sqft$201
Median Days on Market80
Price to Rent Ratio17.9
Average Cap Rate
Airbnb0.52%
Traditional2.93%
Average Rental Income
Airbnb$1,336
Traditional$1,395
 
Median Household Income$41,901
Population280,257
Transportation in Orlando
42 / 100
Car-Dependent
33 / 100
Some Transit
55 / 100
Bikeable
Orlando  Rent Prices
RENTAL STRATEGY STUDIOS 1 ROOM 2 ROOMS 3 ROOMS 4 ROOMS
Airbnb$1,072$1,095$1,266$1,927$3,253
Traditional$1,096$1,065$1,273$1,605$2,047
Orlando, FL - Homes for Sale - Newly Listed
$369,500
MLS O5937027
5209 ALLIGATOR FLAG LANE
Orlando, FL 32811
Florida Center North
Single Family Residential
3 beds3 baths1,870 sq.ft.
CAP RATE
Trad. 1.53%Airbnb 0.91%
$164,900
MLS O5937258
1600 BENDING BROOK WAY
Orlando, FL 32807
Engelwood Park
Townhouse
2 beds3 baths1,227 sq.ft.
CAP RATE
Trad. 4.56%Airbnb 1.39%
$199,900
MLS O5937240
1100 DELANEY AVENUE #D13
Orlando, FL 32806
Lake Copeland
Condo/Coop
2 beds1 baths998 sq.ft.
CAP RATE
Trad. 6.22%Airbnb 0.94%
$275,000
MLS O5937115
1708 BAXTER AVENUE
Orlando, FL 32806
Southern Oaks
Single Family Residential
3 beds1 baths1,177 sq.ft.
CAP RATE
Trad. 4.69%Airbnb 4.42%
Top Performing Orlando Properties
$134,900
MLS O5930379
320 LAKEVIEW STREET #203
Orlando, FL 32804
Lake Dot
Condo/Coop
1 beds1 baths644 sq.ft.
CAP RATE
Trad. 3.20%Airbnb 7.70%
$195,000
MLS O5935125
222 W CASTLE STREET
Orlando, FL 32809
Southern Oaks
Single Family Residential
3 beds2 baths1,333 sq.ft.
CAP RATE
Trad. 7.87%Airbnb 7.49%
$569,990
MLS O5921496
4308 HARGILL DRIVE
Orlando, FL 32806
Dover Shores East
Single Family Residential
4 beds3 baths2,910 sq.ft.
CAP RATE
Trad. 4.95%Airbnb 7.44%
$173,900
MLS O5928027
4334 MIDDLEBROOK ROAD #2
Orlando, FL 32811
Kirkman South
Condo/Coop
3 beds3 baths1,447 sq.ft.
CAP RATE
Trad. 6.32%Airbnb 7.10%
Recently Sold Homes in Orlando, FL
$999,000
MLS O5933773
417 JERNIGAN AVENUE
Orlando, FL 32805
Holden-Parramore
Multi Family
0 beds0 baths6,576 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$415,000
MLS G5036967
513 PIGEON CIRCLE
Orlando, FL 32825
Engelwood Park
Multi Family
0 beds0 baths2,472 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$220,000
MLS OM615746
547 PIGEON CIRCLE
Orlando, FL 32825
Engelwood Park
Multi Family
2 beds2 baths1,140 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$579,900
MLS S5048132
513 A W PRINCETON STREET
Orlando, FL 32804
College Park
Multi Family
3 beds3 baths1,710 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
Property Value Changes and Real Estate Appreciation in the Orlando Housing Market

Since Q1 of 2000, Orlando properties have experienced a total real estate appreciation of 96.3% according to NeighborhoodScout, which is an annual growth rate of 3.7%. Property value is still climbing in the Orlando real estate market as Zillow reports an appreciation of 8.9% in 2018. Still, Orlando home values remain relatively affordable compared to other top markets in the Florida real estate market and in the US in general. That’s why buying an investment property in Orlando makes for a good real estate investment.

 

However, the Orlando real estate market is currently a hot seller’s market. There is a limited number of homes for sale on the market, while demand from homebuyers and real estate investors continues to rise as the population grows. This shortage of housing supply is what contributes to the high real estate appreciation that an Orlando real estate investor will enjoy.

Orlando, FL Top Multi Family Homes
$210,000
MLS O5909459
1032 RANDALL STREET
Orlando, FL 32805
Holden-Parramore
Multi Family
0 beds0 baths968 sq.ft.
CAP RATE
Trad. 4.40%Airbnb N/A
$499,900
MLS O5915115
1041 N SHINE AVENUE
Orlando, FL 32803
Colonialtown North
Multi Family
4 beds3 baths1,727 sq.ft.
CAP RATE
Trad. 1.56%Airbnb N/A
$650,000
MLS OM568745
18585 N Highway 441
Orlando, FL 32681
Spring Lake
Multi Family
7 beds5 baths11,033 sq.ft.
CAP RATE
Trad. 0.15%Airbnb N/A
Homes Below Median Price in the Orlando, FL Real Estate Market
$134,900
MLS O5930379
320 LAKEVIEW STREET #203
Orlando, FL 32804
Lake Dot
Condo/Coop
1 beds1 baths644 sq.ft.
CAP RATE
Trad. 3.20%Airbnb 7.70%
$195,000
MLS O5935125
222 W CASTLE STREET
Orlando, FL 32809
Southern Oaks
Single Family Residential
3 beds2 baths1,333 sq.ft.
CAP RATE
Trad. 7.87%Airbnb 7.49%
$569,990
MLS O5921496
4308 HARGILL DRIVE
Orlando, FL 32806
Dover Shores East
Single Family Residential
4 beds3 baths2,910 sq.ft.
CAP RATE
Trad. 4.95%Airbnb 7.44%
$173,900
MLS O5928027
4334 MIDDLEBROOK ROAD #2
Orlando, FL 32811
Kirkman South
Condo/Coop
3 beds3 baths1,447 sq.ft.
CAP RATE
Trad. 6.32%Airbnb 7.10%
Orlando Airbnb Growth and Regulations

The “Happiest Place on Earth” with its booming tourism industry has experienced massive Airbnb growth over the years. Orlando was one of the ten most booked cities at the beginning of 2018 and continues to be a popular Airbnb destination. And because of its growth, city officials legalized short-term rental properties in the summer of 2018. However, the use of a non-owner occupied Airbnb investment property was outlawed. The only way an Airbnb real estate investor can legally operate is with a duplex investment property: living in one unit and renting out the second for income.

 

To operate within the bounds of the new Airbnb Orlando regulations, the owner of a short-term rental property must be on site during the guests’ stay. Other regulations include a maximum of one booking at a time, no more than two guests in a room, and a maximum of four non-family members in an Airbnb rental property at one time.

 

Airbnb hosts will also have to register with the city at an initial fee of $275 for the first year and $125 for every year after that. There are also lodging taxes in place that hosts using other short-term rental websites will have to collect from tenants and remit to the city. Airbnb hosts specifically will have this done for them by the platform.

Any Airbnb regulation put in place by the city will not override any existing neighborhood or homeowner association rules that ban short-term rental properties.

Orlando, FL Top Airbnb Homes
$59 per night
$73 per night
Entire home/apt · 1 bed
Garvin Street Guesthouse
516
$71 per night
$71 per night
Orlando, FL Homes for Rent
$1,450
MLS 10984158
3006 Backiel Dr #40
Orlando, FL
Lake Fairview
Single Family
3 beds2 baths1,200 sq.ft.
$1,000
MLS O5937327
$1,499
MLS O5937304
4275 PERKINSHIRE LANE #101
Orlando, FL
South Semoran
Apartment
3 beds2 baths1,150 sq.ft.
$1,500
MLS O5936960
5376 BAMBOO COURT #482
Orlando, FL
Windhover
Townhouse
2 beds3 baths1,285 sq.ft.
Orlando, FL Open Houses
Open 10 AM to 2 PM
$265,000
MLS O5937106
2409 WOODS EDGE CIRCLE
Orlando, FL 32817
Hibiscus
Single Family Residential
3 beds2 baths1,263 sq.ft.
CAP RATE
Trad. 3.33%Airbnb 5.16%
Open 11 AM to 3 PM
$629,950
MLS O5936554
9355 ROYAL ESTATES BOULEVARD
Orlando, FL 32836
Windhover
Single Family Residential
4 beds4 baths3,415 sq.ft.
CAP RATE
Trad. 2.05%Airbnb 3.19%
Open 1 PM to 4 PM
$340,000
MLS O5935980
4800 BRENDA DRIVE
Orlando, FL 32812
Dover Estates
Single Family Residential
3 beds2 baths1,595 sq.ft.
CAP RATE
Trad. 2.02%Airbnb 2.82%
Open 2 PM to 4 PM
$296,000
MLS O5936195
1328 FALLING STAR LANE
Orlando, FL 32828
Vista Park
Townhouse
3 beds3 baths2,165 sq.ft.
CAP RATE
Trad. 2.94%Airbnb 1.05%
Best Orlando Neighborhoods for Buying Investment Property
69%
Mashmeter
property price
$695,000
Median
cap rate
3.35%
Traditional
3.98%
Airbnb
rental income
$1,941
Traditional
$2,303
Airbnb
homes for sale
4
occupancy rate
56%
Airbnb
84%
Mashmeter
property price
$352,250
Median
cap rate
7.42%
Traditional
7.46%
Airbnb
rental income
$2,179
Traditional
$2,189
Airbnb
homes for sale
34
occupancy rate
53%
Airbnb
68%
Mashmeter
property price
$197,450
Median
cap rate
11.58%
Traditional
14.15%
Airbnb
rental income
$1,906
Traditional
$2,328
Airbnb
homes for sale
6
occupancy rate
56%
Airbnb
68%
Mashmeter
property price
$520,000
Median
cap rate
3.75%
Traditional
5.13%
Airbnb
rental income
$1,627
Traditional
$2,223
Airbnb
homes for sale
4
occupancy rate
54%
Airbnb
68%
Mashmeter
property price
$199,000
Median
cap rate
11.88%
Traditional
13.17%
Airbnb
rental income
$1,971
Traditional
$2,184
Airbnb
homes for sale
10
occupancy rate
53%
Airbnb
All Orlando Neighborhoods