Orlando rent less affordable than San Francisco, thanks to coronavirus housing squeeze


  • Photo courtesy City of Orlando

San Francisco's unaffordability is practically a meme at this point. The eye-popping rents and housing prices that resulted when Silicon Valley money flooded the area stand in for the housing crisis more generally. But a recent comparison of rent costs and median salaries done by Bloomberg shows that a much-better exemplar of unaffordable housing might be closer to home: right here in Orlando.

Bloomberg compared the average price of a two-bedroom apartment in the area with the median hourly wage. The apartment data was pulled from Apartment List's April report while the median wage came from the Bureau of Labor Statistics.  The metric they created via the comparison calculated how many hours a person would have to work to pay rent in each area. The Orlando-Kissimmee metro would require a person to work 75.5 hours to pay rent on the average area apartment, just beating out San Francisco's 73.4 hours.


Put another way, the average Orlando apartment would cost roughly half of what the average Orlandoan would make in a month, making them as severely rent burdened. As we've previously pointed out, the much-lauded last stimulus check wasn't enough to cover a single month of rent in many Orlando neighborhoods. And the area continues to suffer from high unemployment as the hospitality and tourism industry has cratered.

Stay on top of Central Florida news and views with our weekly newsletters, and consider supporting this free publication. Our small but mighty team is working tirelessly to bring you Central Florida news, and every little bit helps.

We welcome readers to submit letters regarding articles and content in Orlando Weekly. Letters should be a minimum of 150 words, refer to content that has appeared on Orlando Weekly, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at feedback@orlandoweekly.com.

Support Local Journalism.
Join the Orlando Weekly Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Orlando Weekly Press Club for as little as $5 a month.