Laureate Park Rental Report: Laureate Park and The Preserve
Lease Trends From 2021 to 2026 YTD — A leased-only look at 851 MLS lease records covering January 1, 2021 through April 3, 2026.
If you own a home in Laureate Park or The Preserve at Laureate Park, the more useful question is not what Orlando rents are doing in general. It is what this part of the market has done over time, and which segment of the neighborhood your home actually competes in.
This updated report reviews MLS lease data from Laureate Park and The Preserve at Laureate Park from January 1, 2021 through April 3, 2026 so owners can see the larger trend instead of leaning too heavily on one season or one comparable.
2026 YTD Snapshot
Laureate Park has three distinct rental segments. Your home competes within one of them, not against the neighborhood average.
Detached Homes and Larger Residences
The Most Stable Segment in This Dataset
Garage Apartments
Methodology at a Glance
- This report uses closed MLS lease rows only, which means each included record has a populated close date.
- The dataset covers Laureate Park and The Preserve at Laureate Park exports from 2021 through April 3, 2026.
- The snapshot above uses property-type segmentation to orient owners more accurately. The blended all-type figure is shown as a reference point, not a pricing benchmark.
- We emphasize medians and segment-level comparisons, not just averages, because premium homes and luxury outliers can pull average rent higher than the middle of the market.
- MLS lease data shows where homes actually leased. Zillow is still valuable for understanding active competition renters can choose from right now, but it does not show the final leased price.
Quick Takeaways
Headline annual numbers
| Period | Closed leases | Average recorded rent | Median recorded rent | Avg. rent/sf |
|---|---|---|---|---|
| 2021 | 99 | $2,447 | $2,450 | $1.53 |
| 2022 | 118 | $3,119 | $3,200 | $1.73 |
| 2023 | 166 | $3,037 | $3,000 | $1.76 |
| 2024 | 190 | $3,110 | $3,073 | $1.75 |
| 2025 | 221 | $3,105 | $3,100 | $1.73 |
| 2026 YTD | 57 | $3,015 | $3,000 | $1.77 |
The clearest pricing reset happened from 2021 to 2022, not in the more recent years.
Townhomes have stayed in a relatively tight band, which makes them one of the easiest segments to benchmark.
Three-bedroom and four-bedroom homes still provide the strongest comp base for most pricing decisions.
Lease volume is part of the story
Price is only part of a market read. Lease volume matters too across Laureate Park and The Preserve at Laureate Park.
- The Laureate Park and Preserve dataset had 99 closed leases in 2021, then 118 in 2022, 166 in 2023, 190 in 2024, and 221 in 2025.
- More lease volume can reflect more turnover, more available inventory, or stronger MLS capture. It does not automatically mean the market is weaker.
- For owners, the practical takeaway is that higher lease counts usually mean more real comparables to work from, while lower counts require more judgment and tighter comp selection.
What changed over time
1. 2021 to 2022 was the real jump
The biggest move in this dataset was the reset from 2021 to 2022. Average recorded rent rose from $2,447 to $3,119, and median rent moved from $2,450 to $3,200.
That was the biggest structural shift in the full time series. After that, the Laureate Park and Preserve market settled into a much tighter band.
2. 2022 through 2025 was comparatively steady
From 2022 onward, average annual rent stayed in a relatively narrow range:
That does not mean every property type stayed flat. It means the neighborhood-level market has been fairly disciplined since the post-2021 reset.
3. 2026 is a partial-year snapshot, not a full-year conclusion
For 2026 there have been 57 closed leases through April 3, 2026. That is enough to show direction, but not enough to treat as a full-year result yet.
Through that date, 2026 sits slightly below 2025 on both average and median rent, but not dramatically so.
2026 YTD compared with prior years at the same cutoff
Looking at the same point in the calendar is a cleaner way to judge 2026 than comparing partial-year data against a full prior year.
| Period through April 3 | Closed leases | Average recorded rent | Median recorded rent |
|---|---|---|---|
| 2021 YTD | 29 | $2,308 | $2,350 |
| 2022 YTD | 33 | $3,161 | $3,100 |
| 2023 YTD | 32 | $3,139 | $2,975 |
| 2024 YTD | 40 | $3,095 | $3,050 |
| 2025 YTD | 66 | $3,036 | $3,198 |
| 2026 YTD | 57 | $3,015 | $3,000 |
That framing suggests 2026 is not dramatically out of line with the post-2022 market. It looks somewhat softer than 2025 at the same cutoff, but still broadly consistent with the pricing range Laureate Park and The Preserve have held since the market reset.
Seasonality still matters
The monthly data suggests Laureate Park and The Preserve still follow a recognizable leasing rhythm. Summer and early fall often show firmer pricing than late fall and winter.
- In 2024, median rent moved from $3,025 in June to $3,445 in September, then softened to $2,650 in November.
- In 2025, medians were $3,250 in July and $3,275 in September, then eased to $2,900 in November and $2,750 in December.
That does not mean every home should be listed aggressively in summer or discounted in winter. It means timing still affects how much pricing leverage an owner is likely to have.
Segment trends matter more than the neighborhood average
Here is the clearest side-by-side view of the current market by major property type.
| Property type | 2025 Avg. | 2025 Median | 2025 Avg. $/sf | 2026 YTD Avg. | 2026 YTD Median | 2026 YTD Avg. $/sf |
|---|---|---|---|---|---|---|
| Garage apartment | $1,706 | $1,700 | $2.28 | $1,657 | $1,650 | $2.42 |
| Townhouse | $2,987 | $2,925 | $1.57 | $2,956 | $2,900 | $1.52 |
| Single-family | $3,694 | $3,598 | $1.64 | $3,606 | $3,500 | $1.59 |
Garage Apartments
Garage apartment inventory moved from a $1,441 average in 2021 into the mid-to-high $1,600s and $1,700s from 2022 forward. Recent averages were $1,781 in 2023, $1,725 in 2024, $1,706 in 2025, and $1,657 in 2026 YTD.
Townhomes
Townhomes have been one of the clearest and most stable product types in the dataset. Averages ran $2,612 in 2021, $3,161 in 2022, $2,958 in 2023, $2,966 in 2024, $2,987 in 2025, and $2,956 in 2026 YTD. In practical terms, that market has mostly held around $2,950 to $3,000 after the 2022 reset.
Single-Family Homes
Detached single-family homes carry the widest range because size, lot, finish level, and premium inventory matter more in this segment. Averages came in at $3,235 in 2021, $3,707 in 2022, $3,674 in 2023, $3,908 in 2024, $3,694 in 2025, and $3,606 in 2026 YTD. One or two large or luxury leases can move the annual average more than many owners expect.
Bedroom benchmarks
For most owners, bedroom-based pricing is easier to apply than neighborhood-wide averages.
| Segment | 2022 Avg. | 2023 Avg. | 2024 Avg. | 2025 Avg. | 2026 YTD Avg. |
|---|---|---|---|---|---|
| 1-bedroom | $1,756 | $1,875 | $1,727 | $1,705 | $1,684 |
| 3-bedroom | $3,278 | $3,131 | $3,114 | $3,125 | $3,035 |
| 4-bedroom | $3,856 | $3,815 | $4,166 | $4,042 | $4,093 |
| 5-bedroom | $4,325 | $5,248 | $5,092 | $4,955 | $3,925 |
The most dependable pricing bands in this dataset are still the same:
- 1-bedroom inventory generally in the high-$1,600s to low-$1,700s
- 3-bedroom inventory around the low-$3,000s
- 4-bedroom inventory around the high-$3,000s to low-$4,000s
Five-bedroom homes are still useful to watch, but the sample is thin enough that luxury outliers can distort the annual average.
That is exactly why the report leans on median rent, property type, and bedroom count instead of broad neighborhood averages alone. A few premium leases can move the average, but they do not necessarily change where the middle of the market is clearing.
What this means by owner type
If you own a garage apartment
This segment has been relatively steady in the high-$1,600s to low-$1,700s, with some variation based on size, privacy, finish level, parking, and whether the space feels more like a true independent unit versus an accessory setup.
If you own a townhome
Townhomes are one of the most stable product types in the dataset. In most cases, owners should think in terms of a market that has been holding around $2,950 to $3,000, then adjust for exact location, updates, and layout.
If you own a detached 3-bedroom home
This is one of the most useful pricing bands in the report because the sample is deep. The market has generally lived in the low-$3,000s, so pricing usually comes down to condition, timing, and how the home compares against current active competition.
If you own a detached 4-bedroom home
This segment has shown more pricing strength than the three-bedroom segment. Owners in this category should pay especially close attention to finish level, lot, outdoor space, and how premium the home feels relative to nearby alternatives.
If you own a larger 5-bedroom or premium home
These homes can command strong rent, but they are also the easiest segment to misread because sample sizes are smaller and luxury outliers move averages more. For these properties, broad neighborhood averages matter much less than truly comparable homes.
What owners should take from this
Use active listings and leased comps together
Leased comps show where renters have actually said yes. Active listings show what your home has to compete against right now. The best pricing decision usually comes from combining both, then adjusting for condition, location within Laureate Park, finish level, lot, and timing. If a home is priced above the current active competition, it should usually be meaningfully better in ways renters will immediately recognize.
Bottom line
The big jump already happened. The market has been relatively steady since.
That does not mean pricing is generic. It means owners should price with more precision, not just more optimism. The strongest pricing decisions in Laureate Park and The Preserve still come from combining:
If you want to price a Laureate Park or Preserve home accurately, the goal is usually not the highest theoretical rent. It is the strongest rent level that can still attract qualified demand quickly and lease with less friction.
Get a local rent opinion built around the right comps
We can help you compare your home against the right Laureate Park and Preserve leased comps, the current live competition, and the property-specific adjustments that matter most.