Comparison of Popular Areas for 2-Bedroom Rentals in Orlando - Orlando - 1

Orlando has a strong image as a tourist city, but in recent years, the influx of residents has rapidly increased, causing the rental market to heat up as well. As of 2025, the average rent for a 2-bedroom apartment in Orlando is estimated to be around $1,700 per month, with significant variations depending on the area, ranging from the $1,500s to over $2,200.

Recent trends show that Orlando, like Jacksonville and Tampa, has seen a significant increase in new construction. Between 2023 and 2024, large apartment complexes are starting to open, noticeably easing the upward trend in rents, and in some areas, rents have even slightly decreased compared to the previous year.

One popular area for 2-bedroom rentals is Lake Nona. With the Medical City at its center, hospitals, research facilities, and large companies are rapidly establishing themselves, attracting young professionals and families. The high rate of new construction means that 2-bedroom rents are around $1,900 to $2,100, exceeding the Orlando average.

The second area is Dr. Phillips, known for its Restaurant Row, which offers excellent convenience and a good reputation for schools, making it a steady choice for family rentals. In this area, 2-bedroom rentals are priced around $1,900 to $2,200.

Thirdly, the area around S. Semoran Blvd and Curry Ford can be mentioned. This area has a strong character as Orlando's Korean town, with a concentration of Korean markets and restaurants, and offers reasonable rents compared to its convenience. The average rent for a 2-bedroom here is around $1,500 to $1,650, making it a priority for many Korean families.

Rental differences by area largely depend on the presence of new construction and the local industrial base. Areas like Lake Nona, which have large medical and research clusters, attract high-income workers, keeping rents high, while older developed areas like near Semoran Blvd maintain relatively stable rents.

The Waterford Lakes area near UCF, a college town, also has steady demand for 2-bedroom shares. It is common for students and young professionals to share rooms, lowering the rent burden per person to around $800 to $950.

For Korean families, the area near Semoran Blvd appears to be the most realistic option in terms of living conditions and rent. If prioritizing school districts for children, it is advisable to also compare new developments in Lake Nona and Dr. Phillips. However, keep in mind that newer complexes often have separate management fees and amenity costs, so it's wise to carefully consider the total costs before signing a lease.