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CoStar Insight

Move-outs increase as declining immigration takes toll on Orlando, Florida, apartment operators

Concessions becoming the norm as stabilized occupancy rises
Nova at East Park Village in the Lake Nona area was completed in June 2025 and is offering two months of free rent with reduced move-in fees as of August. (CoStar)<br/>
Nova at East Park Village in the Lake Nona area was completed in June 2025 and is offering two months of free rent with reduced move-in fees as of August. (CoStar)
CoStar Analytics
August 28, 2025 | 5:06 P.M.

Renter demand in Orlando, Florida, has been robust in the last 12 months, with nearly 11,000 units of absorption, a performance strong enough to lead the state by a wide margin. The pace of rent growth is also showing slow improvement.

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