How much does it cost to rent in Altamonte Springs, FL?

As of July 2026, the median monthly rent in Altamonte Springs, FL is $1,718. This figure is based on aggregated data from public sources and community-submitted rents.

Is Altamonte Springs cheaper than other Florida cities?

Altamonte Springs is among the more affordable cities in Florida, ranking #254 out of 288 cities at $1,718/mo.

When was Altamonte Springs rent data last updated?

Altamonte Springs rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · FL

Altamonte Springs

Name: Average Rent Prices in Altamonte Springs, FL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 46,116·254th most expensive in Florida·Altamonte Springs rents are up 9.2% over the past year

Median rent (all units)

$1,718/mo

Year-over-Year

+9.2%

Month-over-Month

+0.6%

vs US Median

-$247

Rising (Monthly)

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Most AffordableMost Expensive

Altamonte Springs · $1,718

More affordable than 60% of US cities · National median $1,965/mo

Rent Reality Score

76/100

Good value

OverheatedFairGreat value

Rents are 13% below what Altamonte Springs's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,718/mo

Expected by trend

$1,976/mo

The Rent Reality Score compares today's median rent to where Altamonte Springs's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,660

1 BR

$1,755

2 BR

$1,990

3 BR

$2,525

4 BR+

$3,005

Research median

$1,990/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$20,616/yr

At $1,718/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 9.2% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+9.2% YoY, +0.6% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Altamonte Springs, FL is majority renter-occupied, has a median income below the national average, 38.5% of residents hold a bachelor's degree or higher.

Population

46,116

Median income

$64,070

Median age

36.7

Renters

56.8%

Age distribution

18.6%

28.5%

26%

15.5%

Under 1818.6%

18–3428.5%

35–5426%

55–6411.4%

65+15.5%

Gender

43.8%

56.2%

Male43.8%

Female56.2%

Race & ethnicity

45.8%

20.1%

30.3%

White45.8%

Black20.1%

Hispanic30.3%

Asian2.7%

Other1.2%

Education (25+)

19.5%

34.9%

38.5%

No HS diploma7.2%

HS diploma19.5%

Some college34.9%

Bachelor's+38.5%

Housing tenure

43.2%

56.8%

Owner43.2%

Renter56.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Altamonte Springs, FL has changed in 5 years

Rent

$1,208 → $1,718

up 42.2%

Income

$57,629 → $64,070

up 11.2%

Population

45,732 → 46,116

up 0.8%

Renter share

59.5% → 56.8%

-2.7 pts

Bachelor's+

38.9% → 38.5%

-0.4 pts

Across the past five years, the going rent in Altamonte Springs, FL has shifted from $1,208 to $1,718, up 42.2% since 2021. Census figures show median household income at $64,070 today, compared with $57,629 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. The renter share has eased from 59.5% to 56.8%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Altamonte Springs

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View Altamonte Springs rent history (2015–2026) →

Salary vs rent

Can you afford rent in Altamonte Springs on your salary?

At $1,718/mo, how Altamonte Springs rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 23.5% income

affordable

Elementary School Teacher

Avg $62,384/yr · Rent = 33% income

stretched

Police Officer

Avg $71,861/yr · Rent = 28.7% income

affordable

Software Developer

Avg $128,442/yr · Rent = 16.1% income

very comfortable

Lawyer

Avg $164,117/yr · Rent = 12.6% income

very comfortable

Firefighter

Avg $58,413/yr · Rent = 35.3% income

stretched

Truck Driver

Avg $52,740/yr · Rent = 39.1% income

stretched

Electrician

Avg $65,007/yr · Rent = 31.7% income

stretched

By apartment size

Altamonte Springs rent by bedroom count

Median rent for each apartment size in Altamonte Springs. Click any size for full breakdown.

Local insights

Tips for renters in Altamonte Springs

About renting in Altamonte Springs, FL

Last updated: July 20, 2026

The median rent in Altamonte Springs is $1,718/mo as of July 2026. A studio apartment averages $1,660/mo while a 2-bedroom runs $1,990/mo. One-bedroom apartments average $1,755/mo and 3-bedroom units go for $2,525/mo.

At 32% of local median household income ($64,070/yr), Altamonte Springs ranks as moderate compared to the national benchmark of 30%. Rents have increased 9.2% over the past year.

FAQ

Frequently asked questions

Is Altamonte Springs an affordable city for renters?

Altamonte Springs is considered moderate for renters. At $1,718/mo, rent takes approximately 32% of the local median household income ($64,070/yr). The standard benchmark is 30%. Altamonte Springs slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Altamonte Springs?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,718/mo in Altamonte Springs. The local median household income is $64,070/yr, meaning the typical Altamonte Springs household falls short of that threshold.

Is rent going up or down in Altamonte Springs?

Rent in Altamonte Springs has increased 9.2% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Altamonte Springs neighborhoods have the lowest rent?

The most affordable ZIP codes in Altamonte Springs are 32714 ($1,534/mo), and 32701 ($1,844/mo). Citywide, the median rent in Altamonte Springs is $1,718/mo.

How does Altamonte Springs rent compare to other cities in Florida?

Altamonte Springs is one of the more affordable cities in Florida for rent, ranking #254 out of 288 tracked cities at $1,718/mo.

What percentage of Altamonte Springs residents rent vs. own?

According to Census data, approximately 56.8% of Altamonte Springs households are renters, while 43.2% are owner-occupied. With a majority renter population, Altamonte Springs has a strong rental market.

How does Altamonte Springs rent compare to the national average?

Altamonte Springs's median rent of $1,718/mo is $247 (13%) below the US national median of $1,965/mo. Within Florida, it ranks #254 out of 288 tracked cities.

Income Affordability

32%

MODERATE

At $1,718/mo, rent takes ~32% of Altamonte Springs's median household income ($64,070/yr). The standard benchmark is 30%.

Altamonte Springs 32%Benchmark 30%

State income taxNone

Run the Altamonte Springs affordability calculator →

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