Side-by-side comparison of Orlando, FL and Miami, FL — cap rates, rent, prices, and investment metrics.
Cash flow: Orlando has the edge with an estimated cap rate of 3.63% compared to Miami's 2.91%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $360,000 in Orlando vs $520,000 in Miami, while rents come in at $1,680/mo and $2,100/mo respectively.
Growth & appreciation: Orlando is growing faster at 2% annually vs Miami's 1.2%. Miami leads on home value appreciation at 4.5% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 0.89% in Orlando vs 0.89% in Miami. Vacancy rates of 5% and 5% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Orlando edges out Miami on most key metrics. While cap rates are moderate at 3.63%, Orlando's overall profile is stronger. Use our free calculators to model specific deals in Orlando or Miami.