Zillow: Orlando Rents Slow To Rise, With Some Exceptions

Apartments and houses in the community originally developed by the Walt Disney Co. jumped more than 18 percent during the past 12 months an increase six times greater than that of the Orlando go metropolitan area overall, according to an August report released Monday by Zillow. The company tracks rental rates and home values throughout the country. The Celebration rental market may have gotten a price boost by the opening of new apartment complexes, Jodi Meyers, office manager for Century 21 in Celebration. “A lot of people want to move in here, and they rent before they buy just to see how they like it,” said Meyers, who has rented in Celebration for about 10 years. Rentals are now in so much demand at the pedestrian-friendly development that Century 21 is getting ready to launch a property-management business there, she said.
For the original version including any supplementary images or video, visit http://www.orlandosentinel.com/business/os-orlando-rentals-20130923,0,7735588.story


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