Orlando Real Estate Market Update by an Orlando Property Management Company

If you’re an investor in the Orlando rental market, or you’re thinking about buying property in this area to rent out to tenants, we have some good news for you. The real estate market in the Orlando area for 2019 is looking strong. You shouldn’t take our word for it. Ask the experts. Zillow recently rated Orlando as the second hottest market in the country.

Today we’re going over some of those key driving factors.

Orlando Rental Market: Why So Strong?

The current surge in the Orlando rental market is driven by a surge of new residents. These tenants are flocking to the south in search of affordability and jobs. According to Cushman Wakefield, the next five years is projected to bring close to 400,000 new residents to the Orlando area. That’s going to mean a total projected population of 2.8 million by 2022. This is a staggering amount of growth, and it’s important that the rental market is prepared to absorb the influx of new residents. If you’re an investor, this is the time to start buying new properties. Well-maintained homes will be very attractive to the people moving into Orlando.

Whether you’re thinking about buying your first investment property or you’re an experienced investor looking to add some profitable homes to your current portfolio, Orlando is definitely an attractive and stable option. Even if you have a property that you’re thinking about selling – you might be better off hanging onto it. You can earn short term rental income and long term returns on that investment. While your property continues to grow in value, you’ll have a responsible and reliable tenant paying you rent and bringing down your mortgage debt. What does the future hold for the Florida Rental Market?

Economic Factors in Orlando, Florida

Much of Orlando’s growth can be attributed to strong job creation in the area. The Orlando economy adds an average of 1,000 jobs per week, and the unemployment rate here is 3.3 percent, which is the lowest in the state.

Orlando’s average household income is $46,000 per year, and the average home price is $237,000. This leads us to a solid $1,550 average monthly rent per month.

If you do the math, you’ll see that those rents mean a healthy cash flow and a great long term ROI. When you offer a good home, you’ll attract good tenants. And, those good tenants will be willing and able to pay the market rents.

Property Management Investing in the Orlando Rental Market

With all the new data that we have to show you, it’s easy to see that as a real estate investor, you have a lot of opportunity in Orlando. Whether you’re hoping to invest in a single-family home or a multi-family property such as a duplex or a quad, you will have no problem finding well-qualified tenants, and you’ll be well-positioned to earn high rents while your home grows in value. Even if you’re investing in a newly constructed property, if it’s scheduled to be finished in Q1, you’ll have a large pool of residents who are searching for all home types.

Orlando Rental Property Management Summary

This is the best time to invest in Orlando real estate. Smart investors know that the help and guidance offered by a professional property management company can be invaluable. In fact, you’re likely to earn more and spend less on that investment home.

If you need any assistance with your Orlando property management needs, please don’t hesitate to reach out to us. Contact The Listing Orlando, the best choice for Tampa Property Managementproperty management in Orlando Florida, and we’d be glad to tell you more.

Recent Posts

Subscribe to our Newsletter Today!

ORL - Subscribe to Our Blog

"*" indicates required fields

This field is for validation purposes and should be left unchanged.


Share this post:


Get in touch with us

Table of Contents

The Listing Real Estate Management

Your Guide to a Successful Rental Experience.

We’ve helped thousands of Orlando and Central Florida landlords, rental owners, and real estate investors with successful rental management for 15+ years. Your investment is in good hands here at The Listing Real Estate Management.

Explore More Educational Content

Check out all of our Educational & Informational blog posts.

RE Corp: CQ1056007

Office Visits Are By Appointment Only

follow us on

Copyright @ 2023 The Listing Real Estate Management. All Rights Reserved.

The Listing Real Estate Management is committed to ensuring that its website is accessible to people with disabilities. All the pages on our website will meet W3C WAI’s Web Content Accessibility Guidelines 2.0, Level A conformance. Any issues should be reported to Info@thelistingrem.com.

Website Accessibility Policy | Privacy Policy | Terms & Conditions