Orlando home values

Orlando
Florida · City report
Typical value $352K · 36 neighborhoods · Values through Aug 2026

Orlando at a glance

  • Zillow’s Home Value Index puts the typical home at $351,700 (Aug 2026), −1.7% over the past 12 months and +21% over five years.
  • The Census median home value in Orlando is about $334,500 — 6% below Florida overall and about the same as the U.S. median.
  • Median household income is about $72,000; median rent about $1,613/month.
  • Neighborhood values range from $199K to $751K across 14 distinct ZIP codes.
Value trend

Orlando home value trend

$352K
Typical value (Aug 2026)
−1.7%
1-year change
+21%
5-year change
+103%
10-year change
Orlando typical home value, Aug 2016 to Aug 2026$160K$240K$320K$400K20182020202220242026
OrlandoFlorida

Over the 12 months to Aug 2026, typical home values in Orlando fell 1.7%, to about $351,700. That is in step with Florida (−1.2%). Values are 7.3% below their peak of $379,300 in May 2024. Over five years the typical home gained $61,100 in value (+21%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$351,700−1.7%
Aug 2025$357,700−5.3%
Aug 2024$377,500+3.3%
Aug 2023$365,500+1.2%
Aug 2022$361,000+24.3%
Aug 2021$290,600+14.6%
Aug 2020$253,600+7.2%
Aug 2019$236,500+7.4%
Aug 2018$220,200+12.1%
Aug 2017$196,500+13.2%
Aug 2016$173,600—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.

Value score

Orlando home value score

5.3
Value Score / 10
Census-based
from local value, rent & income

In Orlando (15 ZIPs), rents are moderate relative to prices, and homes are moderately priced against local incomes.

How the Value Score is built

Rental yield4.0 / 10
Gross annual rent as a share of home value — 5.8% here. Higher means stronger cash flow.
Affordability6.7 / 10
Home value versus local income — 4.6× here. Lower is more affordable.

Computed figures

5.8%
Gross rental yield
4.6×
Price-to-income
−2%
Value vs U.S.

A transparent value snapshot — computed from U.S. Census ACS (2023) for Orlando (15 ZIPs): home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Neighborhoods

Orlando neighborhoods compared

NameHome value1-yrIncomeRentPrice / income
Audubon Park ZIP 32803 · shared$421K+0.9%$101K$1,8234.2×
Azalea Park ZIP 32807 · shared$248K−0.3%$60K$1,4714.2×
Baldwin Park$751K+0.3%$130K$2,2245.8×
Carver Shores ZIP 32811 · shared$199K−5.6%$52K$1,4833.8×
Central Business District city data$398K−3.6%$78K$1,7735.1×
College Park$499K+1.1%$113K$1,7174.4×
Colonialtown (North/South) ZIP 32803 · shared$421K+0.9%$101K$1,8234.2×
Conway$343K−1.0%$74K$1,5614.6×
Coytown ZIP 32803 · shared$421K+0.9%$101K$1,8234.2×
Delaney Park ZIP 32806 · shared$416K−0.6%$87K$1,5004.8×
Downtown city data$398K−3.6%$78K$1,7735.1×
Engelwood Park ZIP 32807 · shared$248K−0.3%$60K$1,4714.2×
Florida Center$454K−0.5%$94K$1,9474.8×
Lake Cherokee city data$398K−3.6%$78K$1,7735.1×
Lake Copeland ZIP 32806 · shared$416K−0.6%$87K$1,5004.8×
Lake Davis/Greenwood city data$398K−3.6%$78K$1,7735.1×
Lake Eola Heights ZIP 32803 · shared$421K+0.9%$101K$1,8234.2×
Lake Formosa ZIP 32803 · shared$421K+0.9%$101K$1,8234.2×
Lake Nona$616K−0.7%$112K$2,1635.5×
Lake Underhill ZIP 32803 · shared$421K+0.9%$101K$1,8234.2×
Metro West$333K−3.1%$70K$1,7644.7×
Milk District city data$398K−3.6%$78K$1,7735.1×
Millenia$251K−0.6%$51K$1,4294.9×
Orlo Vista ZIP 32811 · shared$199K−5.6%$52K$1,4833.8×
Parramore ZIP 32805 · shared$226K−0.3%$39K$1,1125.7×
Pine Hills ZIP 32808 · shared$219K−3.2%$48K$1,3754.6×
Richmond Estates ZIP 32811 · shared$199K−5.6%$52K$1,4833.8×
Richmond Heights ZIP 32811 · shared$199K−5.6%$52K$1,4833.8×
Roosevelt Park ZIP 32811 · shared$199K−5.6%$52K$1,4833.8×
Rosemont ZIP 32808 · shared$219K−3.2%$48K$1,3754.6×
Rowena Gardens ZIP 32803 · shared$421K+0.9%$101K$1,8234.2×
South Eola city data$398K−3.6%$78K$1,7735.1×
Thornton Park city data$398K−3.6%$78K$1,7735.1×
Vista East$349K−1.7%$94K$1,8583.7×
Wadeview Park ZIP 32806 · shared$416K−0.6%$87K$1,5004.8×
Washington Shores ZIP 32805 · shared$226K−0.3%$39K$1,1125.7×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Comparison

Orlando vs Florida and the U.S.

OrlandoFloridaU.S.
Typical value (Zillow, Aug 2026)$351,700$410,200—
1-year change−1.7%−1.2%—
5-year change+21%+22%—
Median home value (Census)$334,500$357,600$340,200
Median household income$72,000$75,700$78,500
Median gross rent$1,613/mo$1,666/mo$1,406/mo
Price-to-income ratio4.6×4.7×4.3×
Gross rental yield5.8%5.6%5.0%
Rent as share of income27%26%21%
Mortgage payment*$1,691/mo$1,808/mo$1,720/mo

Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.

Buying vs renting

What it costs to buy a home in Orlando

$352K
Typical price
$70K
Down payment (20%)
$1,778
Monthly P&I
$1,613
Median rent

At today’s typical value of $351,700 (Zillow, Aug 2026), a buyer putting 20% down ($70,340) and financing the rest at 6.5% over 30 years would pay about $1,778 a month in principal and interest — 30% of the median household income here. That is above the common 28% guideline but under 36%, so budgets are stretched but workable for a median earner. The median rent is $1,613/month, so owning costs roughly 10% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Orlando

Buyers

At 4.6× local income, prices are moderate — compare a few nearby areas before committing. Prices have eased 1.7% over the past year, which gives buyers more room to negotiate.

Sellers

Values are down 1.7% on the year, so price to today’s market rather than last year’s peak — and get a home-specific estimate: condition and size move the number more than the area average.

Investors

A gross rental yield of 5.8% is middling — returns depend on buying below the typical price or adding value.

Common questions

Orlando real estate FAQ

Are home prices going up in Orlando?

Down — the Zillow Home Value Index for Orlando fell 1.7% in the 12 months to Aug 2026, to about $351,700. Florida changed −1.2% over the same period. Over five years values are +21%.

What is the typical home value in Orlando?

The median owner-occupied home in Orlando is valued at about $334,500 according to the U.S. Census Bureau’s ACS 2023 5-year estimates — about the same as the U.S. median and 6% below Florida. Zillow’s more current index puts the typical home at about $351,700.

Is Orlando affordable?

Homes cost about 4.6× the median household income of $72,000, which is moderately priced. At today’s typical value of about $351,700, principal and interest would take about 30% of that income.

How much is rent in Orlando?

Median gross rent (rent plus utilities) is about $1,613 a month, 15% above the U.S. median, or 27% of the median household income.

Is Orlando good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 5.8%. That is average; returns depend on the purchase price and costs.

What is the most affordable neighborhood in Orlando?

Among Orlando neighborhoods with their own ZIP-level data, Richmond Estates (ZIP 32811, which also covers Carver Shores, Orlo Vista, Richmond Heights and others) has the lowest median home value at about $199,100.

What is the most expensive neighborhood in Orlando?

Baldwin Park has the highest median home value, about $751,400.

Where are home values rising fastest in Orlando?

College Park, where the Zillow Home Value Index changed +1.1% over the past 12 months.

Where is the best rental yield in Orlando?

Richmond Estates, where a year of median rent equals about 8.9% of the median home value.
Your home

What’s your Orlando home worth?

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Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.