Renters’ needs have changed over the past 10 years, and even more so in 2020 – people now want more outdoor living space, a working area plus fitness centers – and community amenities have evolved in order to better support people’s lifestyles. While there is no shortage of new apartment buildings being built in Orlando during Buddy Dyer’s administration, prices are also still skyrocketing while Orlando wages continue to rank lowest in the nation under Dyer. The new study found a 22% increase in rental units built in Orlando over the last decade. At least it seems they are being built with a lot of amenities including well-manicured outdoor space, swimming pools, spas and fitness centers.
STORAGECafé , a nationwide self-storage search website and a part of Yardi, conducted a survey looking at more than 82,000 large-scale apartment buildings across the country. According to their results, Orlando stands out as the fifth-best location that offers the ideal renting conditions for community amenities. And it’s not the only Florida city to make the top 10 list, as Tampa also ranks 10th.
Here are some of the most important highlights on Orlando’s rental scene:
- 53% of Orlando’s apartment properties are equipped with over-the-top community facilities.
- The bounty of apartment amenities is likely due to the rental building boom in Orlando: There’s been a 22% increase in rental units built over the past decade.
- Almost all large-scale rental buildings in Orlando boast a common outdoor space and parking spots, along with resort-style pools (94%), and 24hr fitness centers (85%).
- Apartment buildings are particularly family-friendly here, with about 55% of rental communities offering playgrounds. 81% offer clubhouses for a plus of comfort and 61% have business centers.
- Among their mix of amenities, 40% of rental communities provide tennis courts, 37% have volleyball courts and 26% of apartment buildings in the city offer their residents access to basketball courts.
Find the full report, together with what experts are saying about the amenities race of the past decade, here.