Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Orlando, FL

Housing in Orlando, FL: Rent, Home Prices & Property Tax

$1,488/mo (1 bd) in Orlando. Median home $338,500. Property tax 0.95%.

Compare vs Chicago Rank metros from OrlandoHow we figure this

Rent (1 bd): $1,488; /mo
Buy: $2,290; Mortgage, tax, insurance
Buying costs more: $802; /mo

State tax and rent

To buy

20% down payment$67,700
Mortgage at 6.5%$1,712
Property tax (0.95% of value)$268/mo · $3,216/yr
Insurance and upkeep$310
Monthly total$2,290

55.8% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,193 left each month. About 31 months (2.6 years) to save $67,700.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

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