Matrix Multifamily Orlando Report-March 2023 March 30, 2023

Orlando Regains Stability

After two atypically fast-paced years, Central Florida’s multifamily growth is gradually slowing down. Rent growth contracted 0.3% on a T3 basis through January to $1,813. Developers broke ground on only 150 units, down from 1,922 in January 2022.