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Orlando, FL Real Estate


According to census data in the year 2000 there were 88,636 housing units in Orlando. This represents a 20.7% growth from 73,425 in 1990.

Of those housing units, 88,321 were located in either urbanized areas or urban clusters, and 315 were located in what is classified as a rural area.

Homeownership rate in Orlando is about 40.8%. Orlando's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 2.25 people.

The majority of houses, apartments or condos in Orlando were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type5.40%
One Bedroom23.40%
Two Bedrooms37.20%
Three Bedrooms26.40%
Four Bedrooms6.70%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1969
Median Value of occupied units$103,200
Median Price asked for vacant units$94,900

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1981
Median Monthly Rent asked for vacant units$694

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage9.20%
Home Equity Loan6.20%
Simple Mortgage59.10%
Debt Free25.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%