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 | $1,690 |
| 1 Bedroom | $1,760 |
| 2 Bedrooms | $2,000 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $2,920 |
| 5 Bedrooms | $3,387 |
| 6 Bedrooms | $3,793 |
| 7 Bedrooms | $4,096 |
| 8 Bedrooms | $4,301 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,760 | $223,349 | 0.79% | D |
| 2BR | $2,000 | $392,226 | 0.51% | F |
| 3BR | $2,500 | $670,719 | 0.37% | F |
| 4BR | $2,920 | $1,506,102 | 0.19% | F |
| 5BR | $3,387 | $2,406,816 | 0.14% | F |
U.S. Census Bureau data (2024)
The dynamics of the Winter Park, FL (ZIP 32789) real estate market reveal a scenario where demand closely follows supply. With a Fair Market Rent (FMR) of $2,040 for fiscal year 2024 and a market rent (ZORI) of $2,053, the rental rates align closely with government guidelines, indicating a balanced market. The price-cut share at 0.3% suggests that very few properties are being discounted, which is typically a sign of stable demand. The days on market (DOM) figure stands at 42 days, which is relatively short, pointing to a market where listings are moving quickly once they reach the desired price point.
The median home value of $799,768 reflects a high-end residential area, where homeownership is prevalent but not without challenges. A 35.6% renter share indicates a significant portion of the population prefers renting over buying, which can be a sign of long-term housing pressure. This pressure is likely due to the high cost of living and purchasing homes in the area, making it difficult for some residents to transition into homeownership. As a result, the rental sector remains robust, catering to those who cannot afford to buy or prefer the flexibility of renting.
In summary, the market in Winter Park appears to be well-balanced, with neither supply nor demand significantly outpacing the other. However, the high renter share suggests ongoing pressure on the housing market, particularly for rentals, which could continue to attract investors seeking steady returns. Landlords and small-portfolio investors should take note of these dynamics to make informed decisions.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.