Orlando has been one of the fastest-growing markets for apartment inventory across the country, with Kissimmee/Osceola County turning in about one-quarter of the market’s delivery total.
With 14,012 new apartments added in 2024, Orlando placed between typically strong Northeastern development markets Newark, which had 15,300 new units, and Washington D.C., with 13,300 units added, according to data from RealPage Market Analytics.
Located south of downtown Orlando, Kissimmee/Osceola County is Orlando’s largest submarket, which includes Kissimmee, Celebration, and St. Cloud. It benefits from proximity to major tourist attractions, including Walt Disney World Resort, Universal Orlando Resort and SeaWorld. Last year, the county logged delivery of 3,480 units, accounting for 10% inventory growth.
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