Home Buying in Orlando
Orlando is the theme park capital of the world, home to Walt Disney World, Universal Studios, and a booming tech and healthcare economy.
Frequently Asked Questions
Common questions about buying a home in Orlando
What is the current mortgage rate in Orlando?
The average 30-year fixed mortgage rate in Orlando, FL is currently 6.23% as of April 24, 2026. This is sourced from Freddie Mac's weekly survey via FRED.
How much is a down payment on a home in Orlando?
With Orlando's median home price of $375,000, a 20% down payment would be $75,000. First-time buyers may qualify for FHA loans with as little as 3.5% down ($13,125).
What are property taxes like in Orlando?
Orlando is in Orange County. The average effective property tax rate is 0.95%, working out to approximately $3,563 per year on a median-priced home. Florida's Homestead Exemption can reduce your taxable value by up to $50,000 if this is your primary residence.
Is it better to rent or buy in Orlando?
With a monthly mortgage payment of ~$1,843 (20% down) vs. median rent of $1,900, buying costs more per month but builds equity. The break-even point depends on how long you plan to stay and your down payment amount.