Rental Demand in Orlando Supported by Thousands of Jobs

orlandoOrlando’s rental market is projected to remain tight as strong job growth and a record number of tourists fuel demand in the economy.

Ranked among the top US cities for job growth, Orlando is expected to grow significantly with new additions in the construction; trade, transportation and utilities; and leisure and hospitality sectors.

Two major transit projects are set to create thousands of jobs, the Interstate 4 reconstruction and the SunRail project. An independent impact study found that all three phases of the SunRail project alone could generate 260,000 construction and transit jobs in the city. Additionally, Orlando’s strong tourism numbers are projected to create more jobs since Orlando recently became the first U.S. city in history to welcome over 60 million tourists.

See why you should add Orlando rental properties to your portfolio by downloading our report.

Download the Orlando Market Report

 

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