Market Insights | Spring 2023 | Orlando

February 28, 2023

Orlando’s multifamily market is growing at a rapid pace, the result of consistent inbound migration and job growth, and despite economic headwinds, remains one of the strongest performers in the nation. Strong renter demand from new residents and those priced out of the single-family market led to unprecedented recent rent growth through 2022. The Metro’s strong fundamentals have attracted robust levels of investment activity, and sales volume over the last year has been substantial. There have been 100 property trades totaling $6.7 billion in total investment volume over the trailing 12-month period.