Picture a typical starter apartment in Ocoee, Florida: a cozy 700-square-foot one-bedroom unit, perhaps in a garden-style complex shaded by live oaks. The interior features modern finishes—granite countertops, stainless appliances—but at a approachable price point for young professionals. Residents enjoy on-site amenities like a pool and fitness center, with convenient access to local parks and shopping. It’s an attractive setup for many, but how does the cost of living in an apartment vs house in Ocoee compare? Let’s take a closer look at the housing landscape in this Orlando suburb.
The Housing Market in Ocoee Today
Ocoee’s housing market in 2025 reflects the city’s ongoing growth and appeal to a diverse population, from young families to retirees. Inventory has tightened somewhat in recent years, with a mix of new apartment complexes, single-family developments, and established neighborhoods. Home prices have risen steadily but remain more affordable than Orlando proper.
One notable trend is the rise of mixed-use districts like the West Oaks Mall area, where apartments are integrated with retail, dining, and entertainment. These walkable live-work-play nodes are attractive to younger renters seeking convenience and community. Meanwhile, Ocoee’s more suburban areas continue to draw families looking for space and good schools.
Despite growth, Ocoee retains its natural beauty, with many homes and apartments offering views of Lake Apopka or easy access to the West Orange Trail. Green spaces and trees are prioritized in new developments. Overall, Ocoee offers a balanced housing market with options for various budgets and lifestyles.
Renting in Ocoee: What’s Typical?
As of 2025, the average rent for a 1-bedroom apartment in Ocoee is around $1,500 per month, while a 2-bedroom typically goes for $1,800. Newer luxury complexes may command higher prices, but there are also many affordable options, especially in the city’s more established areas.
Popular renter hotspots include the Fountains at Forestbrooke, a lakeside complex with resort-style amenities, and the more budget-friendly Advenir at Ocoee, which offers spacious units and a central location. Young professionals are often drawn to newer apartments near the West Oaks Mall, while families may opt for townhome-style rentals in quieter neighborhoods.
Rent in Ocoee has risen by about 4% annually in recent years—a manageable pace compared to some parts of Orlando. However, with home prices also climbing, some renters are feeling the squeeze. The city is working to promote affordable housing through initiatives like density bonuses for developers who include workforce units.
Owning a Home in Ocoee
The median home price in Ocoee as of 2025 is $450,000, which translates to a typical monthly mortgage of around $2,500 (assuming 20% down on a 30-year fixed loan). However, actual costs can vary widely depending on the specific property and loan terms.
In addition to the mortgage, Ocoee homeowners can expect to pay around $3,500 per year in property taxes (based on the median home value) and $1,500 or more for insurance. Many neighborhoods also have HOA fees, which average $200-300 per month. Altogether, the true cost of ownership in Ocoee is often $3,000+ per month.
For a median-priced home, buyers in Ocoee can expect a monthly mortgage of around $2,500, plus average HOA dues of $250. However, some more affordable options exist, especially in older neighborhoods or townhome communities. Buyers who can handle the upfront costs may find that owning can be comparable to renting in the long run.
Renters vs. Homeowners: Who Lives Where?
Ocoee’s homeownership rate is around 65%, slightly higher than the national average. The city’s mix of urban and suburban neighborhoods appeals to a range of buyers, from young families seeking starter homes to retirees looking for a low-maintenance lifestyle.
Renters in Ocoee tend to be younger, with many in their 20s and 30s. They are often drawn to the city’s relative affordability compared to Orlando, as well as its convenient location and amenities. Some are saving up to buy a home, while others prefer the flexibility of renting.
While renting is common among younger individuals, a large portion of older residents own homes. This is especially true in Ocoee’s more established neighborhoods, many of which were built in the 1980s and 1990s. However, the city also has a growing number of 55+ communities offering low-maintenance living for retirees.
| Housing Cost | Apartment (1BR) | House (Median Price) |
|---|---|---|
| Rent/Mortgage | $1,500 | $2,500 |
| Property Tax | $0 | $300 |
| Insurance | $20 | $150 |
| HOA/Maintenance | $0 | $250 |
| Utilities | $150 | $300 |
| Total | $1,670 | $3,500 |
What’s Driving Costs Up or Down?
Like much of Florida, Ocoee’s housing market is influenced by supply and demand. The city’s population has grown by over 25% since 2010, outpacing new home construction. This has put upward pressure on prices, especially for entry-level homes.
Ocoee’s strong local job market is another factor, with major employers like Health Central Hospital and the West Oaks Mall driving demand for nearby housing. The city’s highly rated schools also attract families, many of whom are willing to pay a premium to be in the best districts.
On the supply side, Ocoee has seen a surge of new apartment construction in recent years, which has helped keep rent growth in check. The city has also taken steps to encourage affordable housing, such as waiving impact fees for developers who include income-restricted units. However, zoning and land-use regulations can still make it challenging to build new homes at attainable price points.
FAQs About Housing in Ocoee
- Is Ocoee affordable to live in? Compared to Orlando, Ocoee offers a relatively affordable cost of living. However, housing costs have risen in recent years, and many residents spend more than 30% of their income on rent or mortgage payments.
- Why are housing prices changing? Ocoee’s housing market is influenced by factors like population growth, job market strength, and new construction. Prices have trended upward due to high demand and limited supply, especially for entry-level homes.
- How does Ocoee compare to nearby cities? Ocoee is generally more affordable than Orlando but pricier than some outlying suburbs. It offers a mix of urban and suburban living, with good schools and amenities. Compared to similar cities like Winter Garden or Apopka, Ocoee’s housing costs are in the middle of the pack.
Making Smart Housing Decisions in Ocoee
Whether renting or buying in Ocoee, it’s important to weigh the full cost of housing, including utilities, insurance, and maintenance. Renters should budget for regular rent increases and factor in the cost of commuting. How much it costs to live in Ocoee each month will depend on your specific housing choice and lifestyle.
For buyers, a realistic assessment of ongoing ownership costs is key. In addition to the mortgage, be prepared for property taxes, HOA fees, and repairs. Consider the long-term value of the home and whether it fits your budget and goals. Our full 2025 cost of living breakdown for Ocoee can help you plan.
Ultimately, the decision between renting and owning in Ocoee comes down to your financial situation, life stage, and priorities. By understanding the market and weighing the tradeoffs, you can find the right housing option for you.