Orlando Multifamily Market Report

Several tailwinds support near-term performance. Employment growth accelerated notably through the first few months of the year, while the population gain for the year ended March was the strongest among major Florida markets. The metro also recorded the sixth-fastest pace of household income growth nationally over that span. These factors, coupled with inventory expansion that will remain well below the 3.4 percent trailing decade average, are expected to allow demand to outpace supply in 2026 by the widest margin in five years.