Lake Nona South, Orlando, FL—32832

As of July '25, Rentcast reports the average rent in Lake Nona South, Orlando, FL is $2,890, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Lake Nona South, Orlando, FL is 1-bedrooms: $1,640, 2-bedrooms: $2,130, 3-bedrooms: $2,630, 4-bedrooms: $3,300. The most common rental property sizes in Lake Nona South, Orlando, FL are 2-bedroom and 3-bedroom, accounting for 39.7% and 26.5% of the rental stock.

As of the latest ACS Survey released in 2023, Lake Nona South, Orlando, FL has a population of 34,900, which has increased by 43.3% over the past 5 years. Lake Nona South, Orlando, FL is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 54.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.

As of the latest ACS Survey released in 2023, Lake Nona South, Orlando, FL is a predominantly hispanic area, with 45.1% of the population identifying as hispanic. The hispanic population has grown by 15.6% in the last 5 years. The second most common race or ethnicity in Lake Nona South, Orlando, FL is white, making up 38.5% of the population. Foreign-born residents account for 22.7% of the population in Lake Nona South, Orlando, FL, and this percentage has decreased by 17.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

As of 2024, the percent of homes in Lake Nona South, Orlando, FL under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lake Nona South, Orlando, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.