Orlando - FL vs Providence - RI: 2026 Housing Comparison

What this means for buyers

Providence - RI is roughly 36% more expensive than Orlando - FL in typical home value. Homes sit on market longer in Orlando - FL (41 days vs 14), suggesting more buyer leverage there. Orlando - FL sees more listings with price cuts (28.2% vs 24.6%), a sign of softening seller expectations.

Orlando vs Providence: what the numbers say

At today's 7.32% average 30-year rate with 20% down, the typical home would cost about $2,106 a month in principal and interest in Orlando and $2,870 in Providence, a gap of $764 a month.

Typical rent runs $1,929 in Orlando and $2,166 in Providence, so the mortgage payment alone is 1.1 times rent in Orlando and 1.3 times rent in Providence, before taxes and insurance.

Home prices are 16.6 years of rent in Orlando and 20.1 in Providence; the lower ratio in Orlando means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -5.6% in Orlando and +5.8% in Providence; over just the last three months the change was -0.3% in Orlando and +1.0% in Providence.

Homes sell for 97.3% of list price in Orlando and 101.1% in Providence, after 41 and 14 days on the market, with price cuts on 28% and 25% of listings. All three signs point the same way: buyers have more room to negotiate in Orlando.

The number of homes for sale is down 3% on a year ago in Orlando and up 9% on a year ago in Providence.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-22), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.