Class A Pulse
Orlando: city skyline across body of water during daytime

Metro report · FL

Orlando

Orlando-Kissimmee-Sanford, FL metro area

Rent
$1,509
Vacancy
7.2%
Concess.
44%

Photo: Mick Haupt / Unsplash

Asking rent (new leases)

$1,509/mo

1BR $1,278 · 2BR $1,474 · −1.1% vs. a year ago · −0.3% vs. last month

Median rent on new leases, all apartment classes.

As of Oct 2026 · Apartment List Rent Estimates (Oct 2026) · published 2026-10-28

Class A asking rent

Data coming

We only publish a Class A-only figure once we have a free, citable source for it. Until then, use the market-wide number and the concession rate as a guide.

Vacancy

7.2%

7.4% a year ago (−0.2 pts)

Apartment List Vacancy Index (properties listed on its platform, skews professionally managed).

As of Oct 2026 · Apartment List Vacancy Index (Oct 2026) · published 2026-10-28

Concessions

44%

of properties advertise a free month or more, vs. 40% a year ago (+4 pts).

Share of properties advertising at least one free month (or equivalent) on new leases. Median time on market: 37.5 days.

As of Oct 2026 · Apartment List Concession Rates (Oct 2026) · method

Download the data

Pipeline / new supply

4,664

units in 5+ unit buildings permitted Jan–Sep 2026, vs. 10,524 in Jan–Sep 2025 (−56%). Fewer permits now means less new supply competing for renters once those projects deliver, typically a couple of years out.

Permits are an early signal, not deliveries. Under-construction counts: data coming.

As of Sep 2026 · U.S. Census Bureau Building Permits Survey, CBSA monthly (Sep 2026 YTD vs Sep 2025 YTD) · accessed 2026-11-11

Census CBSA file (XLS)

Reader concession sightings

None yet. Seen a free-rent offer at a Class A property here? Send it in; we check each one before it goes up.

Refi read-through

What it means for a refi here

The 10-year Treasury is at 4.88% (−0.03 pts on the week). Lenders size loans on NOI, so rising concessions and flat-to-falling rents squeeze proceeds even if rates hold. Test your loan →

Get Orlando and 14 other metros every Friday.