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Rent Inflation in Orlando, FL

The average asking rent in Orlando, FL is $1,942/month as of 2026-08. That is +0.7% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,942/mo

as of 2026-08

Year-over-Year Change

+0.7%

24-Month Rent Trend

Monthly ZORI index values for Orlando, FL.

MonthAvg Asking RentChange from Prior Month
2026-08$1,942+0.00%
2026-07$1,942-0.10%
2026-06$1,944+0.41%
2026-05$1,936+0.41%
2026-04$1,928+0.57%
2026-03$1,917+0.42%
2026-02$1,909+0.21%
2026-01$1,905+0.21%
2025-12$1,901-0.21%
2025-11$1,905-0.42%
2025-10$1,913-0.42%
2025-09$1,921-0.41%
2025-08$1,929-0.05%
2025-07$1,930-0.16%
2025-06$1,933+0.16%
2025-05$1,930+0.21%
2025-04$1,926+0.36%
2025-03$1,919+0.63%
2025-02$1,907+0.47%
2025-01$1,898+0.26%
2024-12$1,893-0.32%
2024-11$1,899-0.42%
2024-10$1,907-0.63%
2024-09$1,919—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices