The second-lowest rate in the Orlando metro at 0.87% — the county covering Lake Nona, VillageWalk, Gatherings, and Del Webb Oasis. What buyers in these communities actually pay, and how to claim your homestead exemption.
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Talk to a Specialist →Orange County’s effective property tax rate of approximately 0.87% is the second-lowest in the four-county Orlando metro, behind only Lake County (0.85%). The gap between Orange and Lake County is small — approximately $100/year on a $500K home. For most buyers, this narrow margin does not move the needle on a community decision, but it is real money that accumulates over a 20-year retirement.
The communities that fall in Orange County — VillageWalk Lake Nona, Gatherings of Lake Nona, and Del Webb Oasis in Winter Garden — are among the most desirable addresses in the Orlando 55+ market. Their higher home prices mean higher absolute tax bills even at a favorable rate.
| Purchase Price | Annual Tax (before exemption) | After Homestead | Monthly Impact |
|---|---|---|---|
| $380,000 | $3,306 | $2,871 | $239/mo |
| $500,000 | $4,350 | $3,915 | $326/mo |
| $600,000 | $5,220 | $4,785 | $399/mo |
| $750,000 | $6,525 | $6,090 | $508/mo |
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The Orange County communities near Lake Nona — VillageWalk and Gatherings — offer a combination that exists nowhere else in Central Florida: favorable tax rate (second-best in metro), elite healthcare access (five minutes to the VA, Nemours, UCF Med, and AdventHealth), and 10 minutes to Orlando International Airport. These advantages price accordingly — Orange County Lake Nona homes are the most expensive in the Orlando 55+ market.
For buyers comparing VillageWalk (Orange Co.) to Twin Lakes (Osceola Co.): At $500K, the annual tax gap is approximately $360/year favoring Orange County. Over 20 years: $7,200. VillageWalk’s higher home prices offset this advantage — a $580K VillageWalk home vs a $480K Twin Lakes home has similar tax bills despite Orange County’s favorable rate. The meaningful differentiator between these communities is not the tax rate — it is the 5-minute vs 25-minute drive to Lake Nona Medical City.
File with the Orange County Property Appraiser (ocpafl.org) by March 1 of the year following purchase. Standard homestead exemption saves approximately $435/year at Orange County’s 0.87% rate. The Save Our Homes cap protects you from rapid assessment growth after you establish homestead.
For Del Webb Oasis in Winter Garden (also Orange County): same process, same rate. The western Orange County location has slightly different municipality millage rates than eastern Lake Nona, but both fall within the 0.87% effective rate range.
We can run HOA + tax + CDD + insurance for any Orange County 55+ community at your purchase price.
Connect with a specialist who knows this market from the inside — real cost math, honest community comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder.
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