Rents are 14% below what Altamonte Springs's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom figures are derived from HUD Fair Market Rents and scaled to match Altamonte Springs's market median, because the published HUD values all ran above it. They are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Altamonte Springs usually run 0.8% below trend in December and 0.9% above it in August, about $27 a month apart at today's median. Based on 11 years of data.
Rent in Altamonte Springs is 1.2% below its high of $1,607 in April 2025, at $1,588 as of September 2026.
Rent in Altamonte Springs changed 0.0% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in Altamonte Springs rose 37.8% while median household income rose 21.1% ($52,888 to $64,070). Rent outpaced income.
Rent in Altamonte Springs is 34.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 4 of the last 12 months.
30% of the median household income ($64,070) is $1,602 a month. That is less than HUD's Fair Market Rent for a studio ($1,660).
From Zillow's monthly rent index (ZORI) for Altamonte Springs. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Is your rent fair?
Compare your rent to the local median.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Altamonte Springs, FL has changed in 5 years
Across the past five years, the going rent in Altamonte Springs, FL has shifted from $1,234 to $1,588, up 28.7% 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.
Discussions about Altamonte Springs
No discussions yet. Start the conversation.
Can you afford rent in Altamonte Springs on your salary?
At $1,588/mo, how Altamonte Springs rent compares to typical pay (30% rule).
Altamonte Springs rent by bedroom count
Median rent for each apartment size in Altamonte Springs. Click any size for full breakdown.
Tips for renters in Altamonte Springs
Last updated: October 17, 2026
The median rent in Altamonte Springs is $1,588/mo as of October 2026. A studio apartment averages $1,229/mo while a 2-bedroom runs $1,473/mo. One-bedroom apartments average $1,299/mo and 3-bedroom units go for $1,869/mo.
At 30% of local median household income ($64,070/yr), Altamonte Springs ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Altamonte Springs?
Is rent going up or down in Altamonte Springs?
When is the cheapest time to rent in Altamonte Springs?
Has rent outpaced income in Altamonte Springs?
Which Altamonte Springs neighborhoods have the lowest rent?
How does Altamonte Springs rent compare to other cities in Florida?
At $1,588/mo, rent takes ~30% of Altamonte Springs's median household income ($64,070/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Estimated from ZIP-level data
Be the first to submit your rent for Altamonte Springs.
No discussions yet.