Rental market snapshot for Park Central, Orlando
Park Central rental market summary
The rental market in Park Central, Florida is showing signs of growth. In July 2023, there were 59 new listings, a 10.2% increase from the previous month. This suggests that the rental market is becoming more competitive, with more options for tenants. The median rent in July 2023 was $1,950, a 3.0% increase from the same month in 2022. This indicates that rental prices are slowly increasing, but not at an alarming rate. Overall, the rental market in Park Central is becoming more competitive and prices are slowly increasing, making it an attractive option for tenants.
The increasing number of new listings and the slow rise in rental prices suggest that the rental market in Park Central is becoming more attractive for tenants. With more options available, tenants can find the perfect rental for their needs and budget. The slow rise in rental prices also means that tenants can expect to pay a reasonable amount for their rental. With the rental market in Park Central becoming more competitive and prices slowly increasing, it is an attractive option for tenants.
Median rent for all residential properties in Park Central
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The most expensive listings and top trending buildings in Park Central
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2388 Grand Central Pkwy | $2,295 | 3 / 2.0 |
| 2691 Charleston Town Pl | $2,222 | 2 / 2.0 |
| 2586 Grand Central Pkwy #1 | $2,200 | 3 / 2.0 |
| 2370 Grand Central Pkwy | $2,195 | 3 / 2.0 |
| 2388 Grand Central Pkwy | $2,145 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Birchstone Residential | $1,598 |
| Greystar - Florida Division | $1,541 |
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Bedroom Breakdown in Park Central
Park Central neighborhood apartments rents
The rental market for studios in Park Central, Florida is showing signs of improvement. In June 2023, there was only one new studio listing, but the median rent decreased by 9.2% from May 2023 to June 2023, from $1,645 to $1,493. This suggests that the rental market is becoming more competitive, and renters may be able to find better deals in the near future.
The rental market for 1-bedroom apartments in Park Central, Florida is showing signs of stability. In July 2023, there were 3 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 6.0% from June 2023 to July 2023, settling at $1,572. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 1-bedroom apartments are staying relatively consistent.
The rental market for 2-bedroom apartments in Park Central, Florida is showing signs of growth. In July 2023, there were 9 new 2-bedroom listings, a 5.2% increase in median rent from June 2023 to July 2023, and a median rent of $2,015. This indicates that the rental market for 2-bedroom apartments in Park Central is becoming more competitive and that demand is increasing.