Orlando is one of the hottest vacation spots around, but the luxury rental scene is convincing many renters to turn one of the most popular leisure destinations into a permanent home. In fact, Orlando’s population is growing the second fastest out of the top 30 United States metro areas, building on a population of winter residents who call the area home for half of the year. Maximizing affordability with options like security deposit insurance can help renters get the most out of this up-and-coming area.

What is security deposit insurance?

You can save your money instead of paying a cash deposit at move-in by using Rhino’s security deposit insurance. Landlords who offer security deposit insurance don’t hold onto your security deposit and instead use insurance to protect their property from unpaid rent and property damage, the same way as a traditional security deposit. You can buy a policy that on average only costs a small monthly non-refundable fee of $7-$15 per month. For many renters this poses a much more convenient financial option. 

Five luxury apartments in Orlando that use security deposit insurance 

M2 at Millenia encourages renters to live outside the box

Move into some of the nicest mid-rise homes that Orlando has to offer, right next to the Millenia mall. This gated community offers its residents a parking garage, an entertainment/gaming center, a business center, and an outdoor dining and seating lounge (complete with a waterfall). M2 homes always come with the works; kitchen islands, walk-in closets, full washer/dryer, and brushed nickel accents as far as the eye can see. Check out one, two, and three bedroom availability here

A shot of the pool at a luxury apartment building that accepts Rhino
Luxury Universal is setting the standard for Orlando luxury 

Luxury Universal gives renters the chance to balance living, work, and play. You can find your new home in the heart of one of Orlando’s most dynamic, action packed neighborhoods. Residents of Luxury Universal receive access to the area’s most desired employers, shopping destinations, and Orlando’s famous Restaurant Row. Come home to a heated saltwater pool steps away from your front door, or have a pet-friendly day at the property’s private bark park. When it comes to your actual home, stretch out under your 10 foot ceilings, relax in your state-of-the art soaking tub, and control every element of your home with LatchSmart Smart Home technology.  One, two, and three bedroom homes are going fast!

A photo of the Luxury Universal, a luxury apartment in Orlando that accepts Rhino
The Monaco at waterford lakes gives you lakeside luxury in East Orlando 

Did someone say renovations? The Monaco lets Orlando renters enjoy luxury lake life from the comfort of home. Located conveniently next to the 408 expressway, Monaco residents can get to prime dining and shopping locations in 15 minutes or less. Consider yourself the sporty type? The Monaco has private tennis and sand volleyball courts, complete with floodlights that make friendly competition an around-the-clock option. After you break a sweat, jump into the property’s lagoon-style pool to cool off.  Inside your future home you’ll be delighted to find sleek track lighting, plush bedroom carpeting to sink your feet into, and modern galley-style kitchens that’ll help you get through all of the recipes you’ve been meaning to try. Check out one, two, and three bedroom availability here.

A photo of the pool at the Monaco Luxury apartments in Orlando
Arbors at Lee Vista offers resort living in mediterranean style 

Imagine being greeted by a resort-style entryway everytime you go home. The Arbors at Lee Vista makes that a reality. The property is chock-full of beautiful decorative tiling, sculpted lakes and waterways, gently flowing waterfalls, and elegant stone walkways. Your unit will make you feel like you have your very own slice of the old world in the middle of modern life. Homes at Lee Vista are flooded with natural light, bringing the best out of your state-of-the art appliances and wood plank flooring. Throw in your own private balcony and you’ll have some decisions to make about where to spend your time at home. Homes in this community are also equipped with the latest smart home technology, letting you customize your experience every time you’re at home. Explore one, two, and three bedroom apartments today. 

An image of a luxury apartment in Florida that accepts Rhino
Luxury apartments like the Ashton at Waterford Lakes are often imitated, but never duplicated

Presenting another lakeside gem for Orlando renters. Located just a stone’s throw from downtown Orlando, the Ashton gives residents direct access to the 408 expressway, the 417 greenway, and the 528 beachline. If you’re an adrenaline junkie or just a big Mickey Mouse fan, The Ashton is around the corner from many of Orlando’s most popular theme parks, as well as popular area beaches and retail destinations. Enjoy the perks of resort livings in your home year-round, with soaring ceilings, stunning lakeviews, modern amenities, and access to a private volleyball court and hot tub. Explore availability at the Ashton here

An image of a luxury apartment in Orlando with a chic, white livingroom

Orlando is a city on the up-and-up, and more renters are identifying the city as a potential long-term home. If you’re planning on a move to Orlando, Rhino helps to keep you from choosing between your wallet and a beautiful home for the lifestyle you want. Security deposit insurance continues to give renters and property owners in growing cities new ways to find common ground. Stay tuned for more highlights of cities where security deposit insurance is making the difference between your dream home and a home you settle for.

larenz-brown
Larenz Brown

Larenz Brown is a copywriter at Rhino who wants to tell stories that empower people. He once engaged in a 365-day staredown with a security deposit and emerged victorious.