Location: Orlando-Kissimmee-Sanford, FL | Metro: Orlando-Kissimmee-Sanford, FL MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,840 |
| 1 Bedroom | $1,910 |
| 2 Bedrooms | $2,170 |
| 3 Bedrooms | $2,710 |
| 4 Bedrooms | $3,160 |
| 5 Bedrooms | $3,666 |
| 6 Bedrooms | $4,106 |
| 7 Bedrooms | $4,434 |
| 8 Bedrooms | $4,656 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,910 | $137,442 | 1.39% | A |
| 2BR | $2,170 | $224,486 | 0.97% | C |
| 3BR | $2,710 | $412,019 | 0.66% | D |
| 4BR | $3,160 | $688,673 | 0.46% | F |
| 5BR | $3,666 | $1,071,585 | 0.34% | F |
U.S. Census Bureau data (2024)
The dynamics in ZIP 32751, Maitland, FL, suggest a market in motion, characterized by a delicate balance between supply and demand. The Fair Market Rent (FMR) for the area is set at $2040 for fiscal year 2024, while the actual market rent, measured by Zillow's Observed Rent Index (ZORI), stands slightly lower at $2,029. This indicates that rents are closely aligned with what the government deems fair, implying a stable rental market.
A 0.3% price-cut share reveals that landlords are not frequently reducing their asking rents, which could point to a situation where demand is steady enough to support current pricing without significant adjustments. Additionally, a 24-day Days on Market (DOM) suggests that properties are moving relatively quickly once they come onto the rental market, further supporting the notion that demand meets supply effectively.
The median home value of $461,455 places Maitland firmly within the middle range of residential property values, neither excessively high nor low. This figure aligns with the overall economic health of the area, indicating a diverse mix of homeownership opportunities that cater to various income levels.
A critical indicator of long-term housing pressure is the 38.9% renter share. This substantial proportion of renters suggests an ongoing need for rental units, driven by factors such as affordability, lifestyle choices, or the desire for flexibility. High renter share can translate into sustained demand for rental properties, making it a favorable environment for landlords and small-portfolio investors who focus on the rental sector.
The interplay between these metrics—FMR, market rent, price-cut share, DOM, and renter share—paints a picture of a market where demand is robust enough to keep pace with supply, but not so overwhelming as to cause significant price pressures. This equilibrium supports the idea that Maitland is a stable rental market with consistent opportunities for investment.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.