Orlando, FL Multifamily Market Report | Yardi Matrix | Q4 2025

Market Overview

Orlando absorbed more than 30,000 new units over the past two years, and the supply weight shows: average asking rents slipped to $1,763 through October, down 40 basis points on a trailing three-month basis, and occupancy settled at 94.5%, just below the national rate. Yet the demand fundamentals are among the strongest in the Sun Belt. Employment grew 1.7% year over year through August, more than twice the national pace, with 19,000 net jobs added and leisure and hospitality continuing to lead. Investment volume reached $1.9 billion, surpassing all of 2024, and the Orange County Convention Center's $560 million expansion adds a structural demand catalyst with construction set to begin in 2026. With 20,000 units still under construction, the near-term supply pressure persists, but the market's absorption capacity is substantial.

About Yardi Matrix

Yardi Matrix is a commercial real estate data and research platform serving multifamily investors, developers, and property managers across the U.S. Their Orlando Multifamily Market Report for December 2025 tracks asking rents, occupancy, completions, and investment volume to help owners and investors assess market conditions and refine investment timing. To read the full report, click here.