The Orlando real estate market is one of the most diverse in Florida, encompassing everything from entry-level starter homes in outer suburban corridors to luxury short-term rental communities near Walt Disney World, Universal, and SeaWorld. Median home prices in Orlando run around $380,000, with single-family homes in established neighborhoods like College Park, Baldwin Park, and Dr. Phillips trading between $380,000 and $800,000. Growth corridors like Lake Nona and Horizon West attract families with new construction communities featuring amenities packages and master-planned schools.
Short-term rentals, FHA loans, and what Orlando buyers must know
Orlando is one of the most active short-term rental markets in the country, with vacation rental communities in Kissimmee and Davenport generating significant income for investment buyers. Buyers targeting STR income should research county zoning carefully, as Orange County, Osceola County, and Polk County have différent STR regulations. FHA loans are widely applicable in Orlando given median prices within Orange County limits. VA loans are used by eligible buyers throughout the métro. Conventional financing covers most mid-range and upper-tier transactions.
Florida homeowners insurance in Orlando averages $2,000-$3,500 annually, lower than coastal South Florida but still a significant monthly cost. HOA fees in Orlando master-planned communities typically run $100-$400 per month. For primary home buyers, Lake Nona has attracted strong employer anchor tenants including Tavistock Development, Nemours Children Hospital, and the VA Lake Nona Médical Center, making it one of the most investment-grade growth corridors in Central Florida. Cap rates on long-term single-family rentals run 4.5-6%.
