Orlando is number 103 of 150 cities for rental affordability. Which means rents are higher compared to incomes in Orlando than other parts of the Nation. And as many folks moving to Orlando figure out very quickly, the rental market is super competitive.
Here is what renters are up against in Greater Orlando...
Yesterday I spoke with a property manager about a listing he placed Thursday in Davenport for $1650/month and over the weekend they received 50+ inquiries and took several applications. The problem is it will take several days for the applications to be reviewed and eventually a lease will be signed, all the while the property will remain actively advertised giving people who are searching through very limited rental inventory false hope and frustrating them more when they can't get their calls and voicemails returned!
On the flip side, Orlando is number 15 for quality of life!!! Your best bet to enjoy the Orlando lifestyle is to buy a home as soon as possible. It is much cheaper than rent and there is less competition. You can even buy a new-build, never-been-lived in home for less than renting. Friday my client closed on a NEW 3 bed 2 bath townhouse with a single-car garage with 0 downpayment and $1320/month PITI. The same home rents for $1500/month payment. She is moving out of her $1700/month apartment on Saturday.
Give me a call at 407-494-6030. I give a free Home Rental & Buyer Consultation that will help you in your given situation.
Check out these new build homes in Davenport, that can be less than renting.
EXIT Realty Champions', Champions Gate Real Estate Office, by Reunion Resort Orlando, is a full service Real Estate Brokerage Office in Champions Gate, Davenport 33896, next to Reunion Resort in 34747. Search for homes for sale with our Realtors, local experts in Champions Gate, Reunion Resort, Kissimmee and Davenport FL. This being the main area for resort vacation homes that can be rented out to meet the Disney World Orlando>, Universal Studios and other theme park market.
Alternatively, if you are looking for a new place to live, Our Realtors can help you find the perfect home in the Orlando, Kissimmee, Davenport, Clermont area known as the Four Corners, where Osceola, Lake, Orange and Polk Counties come together, Next to Disney and the Theme Parks.
EXIT Realty Champions' Realtors in Champions Gate, have a cutting edge Digital Marketing Strategy to help you sell your home for top dollar available in today's demanding market.
Rest assured that EXIT Realty Champions will Champion your housing needs, whether buying or selling one of the biggest investments you have, your home.
So happy to advise that as from 12.15pm today - August 10th Kelly and
"I started working with Lance 18 months ago when we decided to move our offices to Florida. We wanted a home to base the offices that also allow us a place to stay. We rented for a year and then went on to buy a new home all through Lance. We gave Lance the basic description and he showed us homes that met our objective. He supported us in the rental and worked in our behalf on the purchase. Have a business owned home adds to HOA requirements and he worked with both the HOA and US Postal service to get us what we wanted. We are now in our 6-bedroom home in a gated golf community and we love our corporate office. When I come to work with our FL based team I stay in this wonderful home. Thank you Lance! "