Market Snapshot | Orlando Q2 2025

Market Overview

In Q2 2025, Orlando’s multifamily market delivered its third-strongest second quarter in a decade, absorbing 2,444 units. However, demand continues to lag behind new supply, with deliveries of 4,081 units this quarter and 7,577 units year-to-date, keeping fundamentals soft. Average rent declined 1.4 percent year-over-year, while occupancy slipped 60 basis points to 92.9 percent. Looking ahead, rent growth is expected to return by Q3 2025, supported by a slowing development pipeline and backlog filling.

About MMG

MMG Real Estate Advisors delivers multifamily market analysis and capital strategy insights across major U.S. metros. Their reports combine rental, occupancy, absorption, and supply data with regional context to help investors, developers, and owners understand evolving market fundamentals.