Apartments Rising Up Everywhere in Orlando?

Orlando ranks in the top 20 for the nation for new apartment construction in 2016, according to insights from the Rent Cafe Apartment Rental Website.

top20metrosapartmentdeliveries

  • Orlando, currently at the 17  spot nationwide, projected to remain in an apartment building boom that will expand the metro’s rental inventory by nearly 7,000 new units available this year.
  • Rental prices are not slowing down in the Orlando despite the intensified apartment construction. The average of an area apartment around $1,100, up 7 approx 7 percent from 2015.
  • The high demand from millennials plus job growth and favorable demographics have helped favor Orlando’s apartment rental market.

Credit @ Orlando Biz Journal

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