7/25/2013

Rent prices in Orlando outpace national rates: report

Orlando’s monthly rental rates have increased twice as much from a year ago than the national rental rates, according to a new report by Zillow, the Orlando Sentinel reports.
The median rent in June for the four-county Orlando area was $1,238 per month for apartments and single-family homes, up 3.3 percent from last year.
Nationally, rents only increased by 1.6 percent from the previous year.
Neighborhoods that have seen rents rise the most since last year include north of the Orlando International Airport, Baldwin Park, College Park and the area from Mall at Millenia to Edgewood, the Sentinel reports.

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