Orlando, FL Multifamily Market Report | Colliers | Q1 2026

Market Overview

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Orlando's multifamily market is recalibrating in Q1 2026 as it absorbs a massive wave of new supply, with occupancy pulling back to 94.3% and asking rents declining 2.4% year-over-year. Current trends suggest pricing has bottomed and is beginning to stabilize, with 2026 absorption levels expected to run roughly 60% below the 2021 peak as slower population growth moderates demand. On the investment side, the market remains one of the most liquid in the country, with over $22.8 billion in sales volume over the past five years and a trailing 12-month total of $2.6 billion as narrowed bid-ask spreads improved price discovery. Capital continues to favor stabilized, high-quality assets with lower insurance costs and more accessible financing, and long-term confidence remains intact as investors underwrite toward a rent growth recovery in years three and four of ownership.

‍About Colliers

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Colliers is a global real estate services and investment management firm operating across more than 60 countries. The firm offers comprehensive brokerage, capital markets, valuation, advisory, and research services. Their Q1 2026 Orlando multifamily report tracks occupancy, rents, absorption, deliveries, and investment activity to help owners, developers, and investors assess market conditions and timing. To read the full report, click here.