Apartments for Rent in Lake Nona, Orlando, FL

Lake Nona, Orlando apartment availability

Lake Nona's rental market offers a strong selection of listings, with an average of 122 rentals available each month in 2024. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a smaller number of studios. Many of these rentals offer desirable amenities, including fitness centers, outdoor spaces, and in-unit laundry facilities, which are available in 59%, 66%, and 70% of apartments, respectively. With its varied housing options and range of amenities, Lake Nona is a popular choice for renters in Orlando.

Lake Nona, Orlando rental market trends

Lake Nona's rental market in 2024 is characterized by a moderate year-over-year increase of 4.3% in average rent, reaching $2,618 per month across all property types. The trend varies by bed count, with 1-bedrooms experiencing a slight decrease of 1.1% to $1,929, and 2-bedrooms seeing a minor drop of 0.4% to $2,459. In contrast, 3-bedrooms saw a 2.6% increase to $3,034, while studios decreased by 0.6% to $1,744.

Renters should note that June is the most expensive month, with rents 14.6% higher than in January, the least expensive month. This suggests that winter may be the best time to find a deal in Lake Nona, with more units available and lower prices. Overall, the rental market in Lake Nona remains relatively stable, with modest fluctuations in rent prices throughout the year.

Why Lake Nona, Orlando is a great place to live

Lake Nona is a top choice for renters who prioritize social living and pet ownership. According to data, the neighborhood's pet-friendly features, such as pet waste stations, ample outdoor space, and dog parks, make it an ideal spot for pet owners. Additionally, many apartments in Lake Nona have pet-safe windows and allow pets without restrictions. The neighborhood's social scene is also thriving, thanks to its high safety rating, well-maintained street infrastructure, and frequent transit options. With a strong walk score and shared community spaces, Lake Nona is perfect for renters who value convenience, community, and a lively atmosphere.