The typical owner-occupied home in Orlando is worth about $65,000, 67% below the Oklahoma median of $199,800 and 80% below the national median of $332,700. The median household earns $46,250 a year, so the median home costs 1.4 times the median income (3.1 times for Oklahoma). 91% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.
Orlando at a glance
| Orlando | Oklahoma | U.S. | |
|---|---|---|---|
| Median home value | $65,000 | $199,800 | $332,700 |
| Median property tax paid per year | – | $1,599 | $3,119 |
| Median household income | $46,250 | $65,039 | $80,734 |
| Homes lived in by their owners | 91% | 66% | 65% |
| Owner homes with a mortgage | 32% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,109 | $1,539 | $1,963 |
| Those costs as a share of the owners' income | 32.5% | 19.6% | 21.0% |
| Median rent | – | $1,014 | $1,413 |
| Median year homes were built | 1959 | 1980 | 1980 |
| Vacant homes | 34.8% | 12.0% | 10.1% |
| Population | 106 | 4,028,634 | 334,922,499 |
What a typical home costs per month in Orlando
At this week's average 30-year rate of 7.11%, buying the median Orlando home of $65,000 with 20% down costs about $436 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $545, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $18,706 for the 20%-down payment. That payment is 11% of the median Orlando household income of $46,250; at that income and 20% down, the 28% guideline points to a home of about $161,000.
| Down payment | $13,000 |
|---|---|
| Loan amount | $52,000 |
| Principal and interest | $350 |
| Property taxes (1.10% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $27 |
| PMI | $0 |
| Total per month | $436 |
Change the numbers in the calculator
| Down payment | $2,275 |
|---|---|
| Loan amount | $63,823 |
| Principal and interest | $429 |
| Property taxes (1.10% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $27 |
| FHA mortgage insurance | $29 |
| Total per month | $545 |
Change the numbers in the calculator
Questions about home buying in Orlando
What is the median home value in Orlando?
About $65,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Orlando?
For the median home with 20% down at 7.11%, the payment is about $436 a month. Keeping that under 28% of gross income takes about $18,706 a year.
More about Orlando
- Mortgage Refinance in Orlando
- Debt Relief in Orlando
- Home Equity Loans in Orlando
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data