Counties / Florida / Osceola County

Osceola County, FL

FIPS 12097 · population 427,415 · part of Orlando, FL

$363k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$363k
▼ 4.0% year over year
Zillow ZHVI · direct
Median asking rent
$2,091
▲ 1.7% year over year
Zillow ZORI · direct
Gross yield
6.9%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,972
market rent is 1.06x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+59.8%not annualized · through 2025
0%ZILLOW ZHVI2026-06−4.0%FHFA HPI2025−0.1%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$353k
Surveyed gross rent$1,746
Rent burden 30%+65.4%
Median year built2002
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
16.7%vacant
171,410estimated housing units
Occupied tenure34.7% renter
owner 65.3%renter 34.7%
Structure mix68.7% single-family
Single-family 68.7%20+ units 6.5%Mobile home 6.7%Other 18.2%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs117,739▲ 1.6% from the prior annual release
Covered establishments10,576annual average reporting locations
Average weekly wage$1,057▲ 4.7% from the prior annual release
Largest private supersectorTrade, transportation, and utilities23.1% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.6%WEEKLY WAGE+4.7%Trade, transportation, and utilities23.1%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Osceola presents a lower-entry-price, higher-rent tension: investors who can verify parcel-level flood exposure and carrying costs should investigate, while those relying on county averages or an untested yield should be cautious. In Zillow’s 2026-06 county reading, median home value was $362,791, down 3.96%, and median asking rent was $2,091 per month; the supplied gross yield was 6.92% before costs. That pairing supports only a preliminary income screen, not net-return underwriting.

02Housing economics

The supplied HUD FMR sits below measured market rent, but it is a payment standard, not an estimate of asking rent and cannot replace it in a yield calculation. The effective property-tax rate is 0.76%, making taxes a direct carrying-cost check against the gross yield. FHFA’s 2025 annual repeat-transaction HPI fell 0.15%; it is an appreciation index, not a home value. Its distinct vintage and method from Zillow support a softer direction, but neither series can be averaged into one growth rate.

03Demand & competition

QCEW’s 2025 annual covered employment at county workplaces grew 1.64%; it is neither resident employment nor a labor forecast, and Trade, transportation, and utilities is only the largest disclosed private supersector. Net migration was positive, and inbound moving households had higher average income than outbound households, but these county tax-return measures do not establish tenant demand. Investor mortgages accounted for 19.66% of purchase mortgages. In Realtor.com’s 2026-06 MLS listing market, median days on market were 83, 19.88% of listings had price reductions, and the pending-to-active ratio was 28.42%; these are marketing-time, concession, and listing-pipeline measures—not closed-sale prices or proof of buyer demand alone.

04Risk & next checks

Inland flood is the dominant hazard, and the modeled annual climate-loss ratio is 0.20% of building value; it should be paired with flood-zone, elevation, insurance-quote, deductible, and coverage review rather than converted to a dollar loss. Parcel tax bills, property condition, lease terms, vacancy, repair and operating costs, debt terms, and closed-sale or rent comparables are not published. Their absence prevents net cash-flow, cap-rate, affordability, and exit-price underwriting; county migration and MLS data cannot fill those property-level gaps.

Cities & communities

Where people live within Osceola County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Kissimmee city81.5KPoinciana CDP*75.1KSt. Cloud city65.1KFour Corners CDP*65KBuenaventura Lakes CDP32.7KCelebration CDP13.7KCampbell CDP2.1KYeehaw Junction CDP440
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

8 Census places

Population
  1. 01
    Kissimmee cityIncorporated place
    81,479
  2. 02
    Poinciana CDPCensus-designated place · spans 2 counties
    75,068
  3. 03
    St. Cloud cityIncorporated place
    65,130
  4. 04
    Four Corners CDPCensus-designated place · spans 4 counties
    65,048
  5. 05
    Buenaventura Lakes CDPCensus-designated place
    32,682
  6. 06
    Celebration CDPCensus-designated place
    13,667
  7. 07
    Campbell CDPCensus-designated place
    2,123
  8. 08
    Yeehaw Junction CDPCensus-designated place
    440

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.201% of building value expected lost per year

Effective property tax0.76%

$2,700 median annual bill

02
DemandIRS SOI household flows
Net migration+2,522

21,519 in · 18,997 out

Arriving vs leaving income+$7,331

$59,989 arriving · $52,658 leaving

03
CompetitionHMDA financed purchases
Purchases by investors19.7%

1,780 of 9,056 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings4,176▼ 4.0% year over year
Median days on market83▼ 2.9% year over year
Listings price-reduced19.9%seller-concession signal
Median listing pricen/a▼ 3.5% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Orlando, FL

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Osceola County427,415$363k$2,0916.9%inland flooding
Orange County1,471,937$405k$1,9555.8%inland flooding
Seminole County481,470$405k$1,9115.7%inland flooding
Lake County412,924$364k$2,0556.8%inland flooding
Bear case

What can break the county thesis

  1. Parcel-level flood insurance, deductibles, or repair exposure could exceed the county-level climate indication.
  2. Taxes, vacancy, operating expenses, and financing costs could materially erode the gross yield.
  3. MLS supply and seller-concession conditions may differ materially by neighborhood and property type.
Underwriting questions

Before pricing a property

Is HUD FMR a market-rent estimate?

No. It is a payment standard and should not be substituted for measured asking rent in a yield calculation.

What does the FHFA HPI measure in this record?

It is a repeat-transaction appreciation index, not a dollar home value.

What does QCEW employment represent?

It is annual average covered employment at workplaces in the county, not resident employment or a forecast.