As a vibrant, bustling metropolis and one of the larger, more populated cities in Florida, Orlando suffers from the same problems that
plague all big American cities. Crime, in particular, is an obvious consideration for property investors throughout the United States, and Orlando is no exception. While the overall crime rate in Orlando is fairly low, the city does suffer from an above-average rate of property-related crimes, suffering 6,400 incidents per 100,000 people, according to FBI data.
If thinking about investing in property in Orlando, you need
to be aware of how neighbourhood crime rates differ across the city because it
can affect major parts of your experience of investing in property.
Everything from your buying and selling price and, to the ease of actually
managing the property can be affected by the area’s crime rate.
brief overview of some of the neighbourhoods with the highest and
lowest crime rates.
Highest Crime Rates
As a rule, crime rates will generally be higher the closer to the centre of the
city you get. Areas such as Azeala Park and Pershing, for example, both have relatively high crime rates, which can have both its benefits and drawbacks.
If you're thinking of investing in these or similar areas, the good news is that your may very well be able to find an attractive piece of property at
significantly lower price than you would find in surrounding
neighbourhoods, which could potentially mean a higher yield from your
investment. However, you run the risk of increased issues with
management, and may even have to accept higher vacancy rates than an
area with lower crime rates.
However, downtown areas are not the only neighbourhoods in Orlando that observe higher than average crime
rates. Indeed, Winter Park has the highest crime rates in Orlando metropolitan
area. Technically a suburb of Orlando, Winter Park is near enough that
property being listed will still catch the eye of anyone looking to
invest in the area.
It just goes to show that if you think you've found a deal that is too good to be true, it's imperative you make sure you take the time and
do your research, or you may end up with difficulties that you weren’t
Lower Crime Rates
As you would expect, generally the further you travel from the core
of Orlando into the suburbs, the lower crime rates get, although there are certainly
plenty of exceptions to this rule. Areas such as Park Central, Wedgewood
Groves, and Rosemont North are all neighbourhoods that exhibit lower-than-average crime rates and are seen as very desirable places to own property in
However, there are different benefits and challenges that come with
investing in property with lower crime rates. The increased property
values that come with lower crime areas mean that investing in property
in these areas is a more expensive proposition. And while you will have
far less trouble with vacancy or finding a buyer, the home could
potentially not increase very much in value of the time you own the
Understanding crime is an important part of understanding your
investment. Take the time to learn about the areas you intend to invest
in and you will reap the rewards.