The Orlando market's rental properties are producing excellent returns for rental property owners, homeowners, and real estate investors renting their properties. The real question many rental property owners around the nation are asking is, "Is Orlando The Best Place For Buying Rental Properties?" According to Orlando Weekly, Orlando is the best place to invest in real estate, especially when it comes to investing in the state of Florida.
Central Florida is continuing to grow with new residents flocking from Florida cities such as Miami and Tampa. We are seeing new tenants inquiring about rental properties from the Northeast and Midwest seeking Orlando rental properties, many of which are virtually viewing and seeking rental properties in Orlando, Florida.
If you are doing your research and questioning if you should invest in Orlando, the answer is YES. Whether you are looking at single-family rental property investments or multifamily rental properties, you will not be disappointed. As one of the best property management companies in Orlando, we have experience and knowledge in the best neighborhoods to be investing in, in Orlando, Florida. We know the Central Florida market as a whole is excellent for rental property investing. In this topic, we will be looking into specific neighborhoods to seek and target your rental property investments here in Orlando, Florida.
(Excuse Our Map Views, for General Geographical Location Purposes, All Map Views Are Screenshots, Courtest of Google Maps.)
Best Neighborhoods to Invest in Orlando, Florida
- The Central Business District is home to headquarters, satellite offices, trendsetting tech companies, and dynamic start-ups, as well as sky-high apartments and condominiums. Centrality, livability, and mobility help define this district as the Orlando region's center of gravity and energy that flows day and night. Beyond lifestyle and commerce, the Central Business District is home to public art, theaters, galleries, museums, and nightlife—all connected by public transportation.
- Suppose you are looking to buy a rental property in downtown Orlando, Florida. In that case, we suggest purchasing a single-family home rather than a condo, as condo HOA dues are difficult to navigate and expensive. Single-family rental properties in Downtown Orlando rent very quickly and earn great returns for rental property owners.
2. Baldwin Park
- Baldwin Park is a neighborhood in Orlando, Florida, with a population of 6,200. Baldwin Park is in Orange County and is one of the best places to live in Florida. Living in Baldwin Park offers residents an urban-suburban mix feel, and most residents rent their homes. In Baldwin Park, there are a lot of restaurants, coffee shops, and parks. The public schools in Baldwin Park are highly rated.
- As a Baldwin Park property management company, we love Baldwin Park because of its location and tenant prospect pool. Tenants seek Baldwin Park as a great place to live in the city while off the beaten path.
- Nestled along the eastern side of Lake Eola Park is the trendy and friendly Thornton Park neighborhood. Restaurants spanning casual to upscale, welcoming neighborhood bars, and indie shops are nestled among bungalows, brownstones, and condos. The Thornton Park neighborhood is also part of one of Orlando's Main Street Districts, so there's always a celebration or block party in the works. Don't miss the Art & Wine Walk, which takes place every second Thursday of the month.
- Thornton Park is a beautiful neighborhood with the lovely charm every tenant would enjoy. As a property management company located in Downtown Orlando, we have tenants inquire about rentals in Thornton Park. Thornton Park residents love the location and charm that comes with it.
4. Delaney Park
- Delaney Park is a neighborhood in Orlando, Florida, with a population of 1,091. Delaney Park is in Orange County and is one of the best places to live in Florida. Living in Delaney Park offers residents a dense suburban feel, and most residents own their homes. In Delaney Park, there are a lot of bars, restaurants, coffee shops, and parks. Many young professionals live in Delaney Park. The public schools in Delaney Park are highly rated.
- Your rental property investment is safe in Delaney Park and will forever be a destination for new tenants that love the area and neighborhood.
- Metro West is a Central Florida master-planned 1,805-acre mixed-use community featuring tons of apartments, condo's, townhomes, multifamily properties, single-family homes, and commercial buildings. MetroWest is a great neighborhood for purchasing a rental property and seeing constant rental rate increases.
- MetroWest can be a beautiful place to find great deals on undervalued rental property investments as a real estate investor. The tenant demand is strong in the area.
6. Lake Nona
- Lake Nona is a 17-square-mile mixed-use planned community within Orlando's city limits, southeast of Orlando International Airport. Being developed by Lake Nona Property Holdings, the Lake Nona Region is home to Lake Nona Golf & Country Club.
- As the most reputable Lake Nona property management company, we have stunning rental homes in the Lake Nona area, and they attract lovely tenants.
- East Park is a neighborhood in Orlando, Florida, with a population of 1,859. East Park is in Orange County and is one of the best places to live in Florida. Living in East Park offers residents an urban-suburban mix feel, and most residents own their homes. Many families and young professionals live in East Park, and residents tend to be liberal. The public schools in East Park are above average.
- East Park is a newer developed area just north of Lake Nona, and see this area ripe for future rental property possibilities. Lake Nona will continue to grow and make the East Park, Orlando neighborhood attractive to rental property investors.
- Florida Center North is a neighborhood in Orlando, Florida, with a population of 9,351. Florida Center North is in Orange County and is one of the best places to live in Florida. Living in Florida Center North offers residents an urban feel, and most residents rent their homes.
9. Winter Park
- Winter Park is about 28,486 residents located just north of Orlando in Orange County, Florida. Florida's stunning cities are famous for its stately trees, abundant parks, brick-lined streets, spectacular homes, museums, vibrant lakes, and fine shops along Park Avenue. Chartered in 1887, the city was originally developed as a winter resort for wealthy Northerners seeking refuge from the harsh winters and a tranquil place to rest and relax. Fortunately, the city has maintained its natural beauty throughout the years. The town was initially named Lakeview in 1858 and re-named Osceola in 1870. Eleven years later, the name Winter Park was chosen by its founders. Loring Chase and Oliver Chapman, who during an informal discussion, decided they wanted the name to be something about a park in winter – thus the name Winter Park.
- Winter Park will always be a staple of the Greater Orlando Area. As your Winter Park Property Management Company, we have seen rental properties perform extremely well. Residents enjoy the lifestyle Winter Park brings, and the sense of community is unmatched.
10. College Park
- College Park is a vibrant neighborhood located just outside of downtown Orlando where you can experience urban living with a small-town feel. This community is made up of some of the finest local retailers, award-winning restaurants, and small businesses found in Central Florida. College Park's wide selection of services, bungalow-style homes, brick tree-lined streets, and many parks and lakes create a vibrant lifestyle and a comfortable place for residents to call home.
- Tenants are willing to pay high rental rates for single-family style homes such as the College Park bungalow style home. You can find great fixer-uppers that need a little work and demand top dollar on rental rates.
Orlando Property Management Conclusion
Rental property investments in the Orlando and Central Florida real estate market are secure investments. If you invest in one of these neighborhoods, they won't disappoint. As your Orlando property management company, we'd love to hear about your experience with our choices for the best Central Florida neighborhoods.
Feel free to contact us today to learn more about our residential property management services, property management fees, buying & selling investment properties, and seek the best rental property investments in the greater Orlando area. Cheers!