Orlando ranks middle-of-the-pack among major U.S. cities for housing affordability

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Orlando's housing market ranked as the 49th most expensive out of 100 cities, according to the August housing affordability report released by New York-based property investment company RealtyHop.

The City Beautiful, where the median home price is $259,000, stayed in the same spot as last month’s rankings.

Miami ranked as the second-least affordable city, trailing only Los Angeles, and followed by New York (No. 3); San Francisco (No. 4) and Oakland, California (No. 5). Hialeah also ranked among the least affordable cities, coming in at No. 10.

Click here to read Brendan Ward and Ryan Lynch’s story on the Orlando Business Journal’s website.