November 3, 2026: Florida Amendment 3 is on the ballot. Rentals do not get the new homestead exemption.County impact →

Orange County · Table 5 · 2028 model

Orlando rental holding costs and Amendment 3

People searching “is it worth buying a rental in Orlando” need tax, millage, and insurance — not a slogan. Below are the cited figures. We do not declare this market a buy.

· · Figures retrieved 2026-10-18

Amendment 3 modeled 2028 tax (Table 5)

TypeAdditional taxPercent
Apartment unit$35811.84%
Single-family rental$93610.84%

Walczak Table 5 · county-level Table 4 is on the Orange Amendment 3 page.

Millage used for a purchase-year tax sketch

The county millage sheet prints a Orlando total of 19.0878 mills(Orlando mill code 7 total on the Orange County Property Appraiser 2025 Final Millage sheet (printed October 16, 2025)). Illustration only: just value of $350,000 × millage ÷ 1,000 = $6,680.73 ad valorem tax, ignoring non-ad valorem assessments.Orange County Property Appraiser, 2025 Final Millage Rates.

OIR homeowners-with-wind average for Orange as of 2025-09-30: $3,585. That is a labeled placeholder, not a Orlando DP-3 quote.Insurance page.

Is it worth buying a rental in Orlando?

This site does not rate Orlando as a buy or a pass. Worth depends on rent, millage, insurance, flood, and HOA on the specific parcel. Walczak Table 5 models $936 (10.84%) additional 2028 tax on the average Orlando single-family rental if millage is raised to replace homestead revenue — an assumption, not a forecast.

Does a Orlando rental get the Amendment 3 homestead exemption?

No. Homestead is for a permanent resident’s primary home. Source: Pinellas County Property Appraiser Amendment 3 FAQs.

Calculator starting from Orange

If Orlando millage is in our files, type 19.0878 into the millage field. Label: Orlando mill code 7 total on the Orange County Property Appraiser 2025 Final Millage sheet (printed October 16, 2025).