Market Analysis

Orlando, FL Multifamily Market

Cap rates, rent trends, and underwriting benchmarks for Orlando apartment investors.

5.5%
Avg Cap Rate
4.8% – 6.5%
Cap Rate Range
1.30x
Avg DSCR
$195,000
Price / Unit
$1,600
Avg Rent / Unit
6.8%
Vacancy Rate
+2.5%
YoY Rent Growth
320,000
Population

Market Trend

Tourism and tech employment drive demand in the I-4 corridor. New supply in Lake Nona and the Medical City area has pushed vacancy higher in Class A. Workforce housing in Kissimmee and east Orange County remains tight. Strong population growth supports long-term fundamentals.

Lender Notes

Insurance costs are a key underwriting variable. 1.20-1.25x DSCR standard. Lenders may require wind mitigation reports.

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