Similar to the surrounding areas, it is somewhat more expensive compared to the rest of the country. Compared to the city of Tampa, it is close to average.
Home prices
The price of the median home in Orlando is $240,000. In comparison to its surrounding areas this is is very similar.It is approximately $22,500 (10%) higher compared to the entire nation, and in comparison to the city of Tampa is is very similar.
Rents
In Orlando the median rent is $1,196 per month. In comparison to nearby areas this is approximately $158 (15%) higher.Compared to the entire country it is roughly $134 (12%) higher, and in comparison to the city of Tampa it is about $65 (5%) higher.
Nearby places
Belle Isle
Belle Isle is Orlando's neighbor to the southwest. The housing prices there are somewhat more expensive. Belle Isle's median home value is $321,700, which comes out to $81,700 (25%) higher than Orlando. Rent there is substantially less expensive. In Belle Isle the median rent is $884 per month, which is $312 (35%) lower than Orlando.
Conway
Conway is Orlando's neighbor to the north. The real estate prices there are somewhat more expensive. The median home price in Conway is $252,800, which comes out to $12,800 (5%) higher than Orlando. Rent there is pretty similar. Conway's median monthly rent is $1,231, which works out to $35 (2%) higher than Orlando.
Edgewood
Edgewood is Orlando's neighbor to the west. Real estate prices there are somewhat more expensive. The price of the median home in Edgewood is $297,900, which comes out to $57,900 (19%) higher than Orlando. Rent there is somewhat less expensive. In Edgewood the median rent is $1,025 a month, which is $171 (16%) lower than Orlando.
Pine Castle
Pine Castle is about 2 miles southwest from Orlando. Its real estate prices are substantially less expensive. Pine Castle's median home value is $161,200, which is $78,800 (48%) lower than Orlando. Its rents are somewhat less expensive. In Pine Castle the median monthly rent is $1,006, which works out to $190 (18%) lower than Orlando.
Sky Lake
Sky Lake is roughly 3 miles southwest from Orlando. The real estate prices there are substantially less expensive. The median home cost in Sky Lake is $154,700, which comes out to $85,300 (55%) lower than Orlando. Rents there are a bit less expensive. The median rent in Sky Lake is $1,044 a month, which works out to $152 (14%) lower than Orlando.
