2022 Orange County Florida Annual Rental Report
Despite talks of a recession, the Orange County, Florida rental market remained strong in 2022. Median rent prices rose 6%, even higher than the 4% increase in 2021 [Fig. 2]. Luxury submarkets have flourished, thanks in large part to the record-breaking wealth relocating to the state of Florida, four times higher than anywhere in the country. Affluent areas like Doctor Phillips, Celebration and Windermere have benefited the most, with the highest rent increases in 2022, ranging from 18-24% [Fig. 1].