In this article, we’ll explore the 10 best areas For rental home investors In Orlando, highlighting features and attractions that make each location special. Orlando, Florida, is a bustling city known for its world-class attractions, vibrant cultural scene, and thriving job market. With so many diverse neighborhoods and communities to choose from, finding the perfect rental can be a daunting task. Please note that this article is for long-term investment homes in Orlando and not for this who want to own and operate vacation rental homes. If you need more information on renting a vacation home, read this article. https://renterschoicehomes.com/what-are-best-orlando-rental-companies/
Downtown Orlando is a great Place For rental home investors
Downtown Orlando is the city’s heart, offering a mix of high-rise apartments, condos, and townhouses for rent. This bustling urban center provides access to various entertainment options, dining experiences, and nightlife venues. From selective bistros to world-class restaurants, there is something for everyone in every price range. Renters who want to be at the center of it all will find Downtown Orlando an exciting place to call home. Orlando has a great fringe festival every year https://orlandofringe.org/wmf6-2/2023-welcome/. Here’s a link to some of the best restaurants in downtown Orlando https://www.visitorlando.com/things-to-do/eat-drink/restaurants/dining-and-entertainment-districts/downtown-orlando-restaurants-and-entertainment/?utm_source=Bing&utm_medium=cpc-branded&utm_campaign=uk-unbelreal-2023&utm_content=brand&utm_partner=arm&&adara_campaignid=14499061806&adara_pixelid=152576&gclid=CjwKCAjwge2iBhBBEiwAfXDBR3S7TltG_0nkLbOZHgwxU_WGH73T_7q_Xet3vhW9Pj3wOMVMlZY22RoC3ZcQAvD_BwE&gclsrc=aw.ds
Thornton Park is second in the 10 best areas For rental home investors In Orlando
Thornton Park is a trendy, historic neighborhood located near Downtown Orlando. Known for its charming bungalow-style homes, brick-lined streets, and walkable atmosphere, this area offers a mix of single-family homes, townhouses, and apartments for rent. It’s close to Lake Eola Park and numerous dining and shopping options; Thornton Park is a popular choice for renters seeking a vibrant, pedestrian-friendly community. There’s lots of things to do and see in Thornton Park https://www.10best.com/destinations/florida/orlando/thornton-park/
Mills 50 is a diverse, up-and-coming neighborhood located north of Downtown Orlando. This area offers a mix of single-family homes, duplexes, apartments for rent, and a vibrant dining and nightlife scene. The neighborhood’s eclectic mix of shops, restaurants, and bars and a strong sense of community make Mills 50 an attractive option for renters seeking a lively, urban atmosphere. They include the Orlando Museum of Art, The Mennello Museum of American Art, the Orlando Shakespeare Theater (aka Orlando Shakes), Orlando Repertory Theatre (aka Orlando Rep), Orlando Fire Museum, and the headquarters of Orlando Ballet. It also has my favorite Crystal store in Orlando, and many unique items are here. http://www.avalonbeyond.com/
Baldwin Park is a master-planned community offering a mix of single-family homes, townhouses, and apartments for rent. This neighborhood is known for its picturesque streets, parks, and lakes, providing residents with a serene and family-friendly environment. The community’s village center features a variety of shops, restaurants, and cafes, offering convenience and a strong sense of community. Leu Gardens is a popular place to visit https://www.leugardens.org/
College Park is a charming residential neighborhood located just minutes from Downtown Orlando. With its tree-lined streets and historic homes, this area offers a mix of single-family homes, apartments, and duplexes for rent. The neighborhood’s main street, Edgewater Drive, features a variety of dining, shopping, and entertainment options, making College Park an attractive choice for renters seeking a walkable, suburban atmosphere.
Winter Park is an upscale community known for its beautiful parks, historic architecture, and excellent schools. Winter Park Renters can choose from various housing options, including single-family homes, apartments, and townhouses. Winter Park started as a resort for wealthy northerners fleeing cold weather in the 1800s. With its chain of six sparkling lakes, it soon became a place where rich folks built grand homes. The neighborhood’s famous Park Avenue shopping district offers many boutiques, galleries, and restaurants, while nearby Rollins College and the Charles Hosmer Morse Museum of American Art provide cultural attractions.
Lake Nona is a rapidly growing community located southeast of Downtown Orlando. Offering a mix of single-family homes, townhouses, and apartments for rent, this neighborhood is known for its excellent schools, cutting-edge healthcare facilities, and innovative technology initiatives. With its numerous parks, trails, and recreational facilities, and is an ideal choice for renters seeking a family-friendly and active lifestyle. Boxi Park in Lake Nona is one of my favorite places to visit https://boxiparklakenona.com/
SODO, or “South of Downtown,” is a revitalized urban neighborhood offering a mix of single-family homes, apartments, and townhouses for rent. With its convenient location just south of Downtown Orlando, SODO provides easy access to major highways, making it an attractive choice for commuters. The neighborhood’s growing retail and dining scene and proximity to Orlando Health make it a popular choice for young professionals.
Audubon Park is a charming residential neighborhood located east of Downtown Orlando. With its tree-lined streets, well-kept homes, and strong sense of community, this area offers a mix of single-family homes, duplexes, and apartments for rent. The neighborhood’s Audubon Park Garden District features a variety of unique shops, restaurants, and cafes, making it a popular choice for renters seeking a walkable and close-knit community.
Dr. Phillips is an affluent neighborhood located southwest of Downtown Orlando. Known for its luxurious homes, upscale shopping centers, and excellent schools, this area offers a variety of housing options, including single-family homes, townhouses, and apartments for rent. Renters in Dr. Phillips can enjoy access to a wide range of amenities, including golf courses, parks, and the famous Restaurant Row.
Orlando, Florida, boasts a wide range of neighborhoods and communities for renters. Whether you’re seeking a bustling urban center, a charming historic district, or a serene suburban environment, you will find the perfect fit in one of these desired areas. With easy access to world-class attractions and a thriving job market, Orlando is an ideal location for renters seeking convenience and an exceptional quality of life. if your serious about buying a home in Orlando, check out this article https://renterschoicehomes.com/why-not-buy-cheap-realestate/ and contact McCormack Realty & Renters Choice Homes, your local investment home specialists in the Orlando area at 407 933 2367
What is the average rent in Orlando?
The average rent in Orlando can vary depending on the neighborhood and type of rental property. As of 2023, the average rent for an apartment in Orlando was around $2,000 per month. However, it’s essential to research current rental rates when searching for a home, as prices may have changed.
2. How is the job market in Orlando?
Orlando has a diverse job market, with major industries including tourism, healthcare, technology, and aerospace. The city has several major employers, such as Walt Disney World, Universal Orlando, and Lockheed Martin.
3. What is public transportation like in Orlando?
Orlando’s public transportation system includes the LYNX bus system and the SunRail commuter train, which connect the city to surrounding areas. However, many residents still find it necessary to have a car for convenient transportation.
4. Are there any good schools in Orlando?
Orlando is home to numerous highly-rated public and private schools and several colleges and universities, including the University of Central Florida, Rollins College, and Valencia College.
5. What is the weather like in Orlando?
Orlando has a subtropical climate, with hot, humid summers and mild, pleasant winters. The city is known for its frequent afternoon thunderstorms during the summer and is susceptible to hurricanes.