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ZIP Code · FL

ZIP 32701

Pop. 24,592·Seminole County·479th most expensive ZIP in Florida
Median rent (all units)
$1,844/mo
Year-over-Year
+16.8%
Month-over-Month
+3.1%
vs US Median
-$121
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 32701 · $1,844
More expensive than 51% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,570
1 BR
$1,650
2 BR
$1,880
3 BR
$2,360
4 BR+
$2,790
Research median
$1,880/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
$22,128/yr
At $1,844/mo median
Location
StateFL
CountySeminole County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.8% YoY, +3.1% MoM), not inventory.
Demographics

Who lives here

ZIP 32701 (Altamonte Springs, FL) is roughly split between renters and owners, has a median income below the national average, 34.3% of residents hold a bachelor's degree or higher.

Population
24,592
Median income
$62,198
Median age
39.4
Renters
49%
Age distribution
16.1%
26.6%
24.6%
15.4%
17.3%
Under 1816.1%
18–3426.6%
35–5424.6%
55–6415.4%
65+17.3%
Gender
45.9%
54.1%
Male45.9%
Female54.1%
Race & ethnicity
51.1%
18.2%
25.6%
White51.1%
Black18.2%
Hispanic25.6%
Asian3%
Other2.2%
Education (25+)
21.2%
37%
34.3%
No HS diploma7.6%
HS diploma21.2%
Some college37%
Bachelor's+34.3%
Housing tenure
51%
49%
Owner51%
Renter49%

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

2021 vs 2026

How ZIP 32701 in Altamonte Springs, FL has changed in 5 years

Rent
$1,217 → $1,844
up 51.5%
Income
$60,212 → $62,198
up 3.3%
Population
24,931 → 24,592
down 1.4%
Renter share
51.2% → 49%
-2.2 pts
Bachelor's+
35.1% → 34.3%
-0.8 pts

Compared with 2021, rent in ZIP 32701 in Altamonte Springs, FL has increased by $627 per month, settling near $1,844 after starting the period at $1,217. Census figures show median household income at $62,198 today, compared with $60,212 five years earlier. Rent outpaced income growth by roughly 48.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 24,931 to 24,592 between 2021 and 2024, a 1.4% change. About 49% of households rent today, against 51.2% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 32701

Last updated: July 20, 2026

ZIP code 32701 covers Altamonte Springs, FL. The median rent here is $1,844/mo as of July 2026. A 1-bedroom rents for a median of $1,650/mo. A 2-bedroom rents for a median of $1,880/mo.

At 36% of local median household income ($62,198/yr), ZIP 32701 ranks as moderate compared to the national benchmark of 30%. Rents have increased 16.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32701?

As of July 20, 2026, the median monthly rent in ZIP 32701 (Altamonte Springs, FL) is $1,844. This is based on aggregated data from public sources and community submissions.

How does ZIP 32701 rent compare to the US average?

ZIP 32701's median rent of $1,844/mo is $121 (6%) below the US national median of $1,965/mo.

How does ZIP 32701 compare to other ZIPs in Florida?

ZIP 32701 is among the more affordable ZIP codes in Florida, ranking #479 out of 662 ZIPs at $1,844/mo.

How much income do you need to rent in ZIP 32701?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (~$36/hour full-time) to afford the median rent of $1,844/mo in ZIP 32701. The local median household income is $62,198/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32701?

Rent in ZIP 32701 has increased 16.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 32701 an affordable place to rent?

ZIP 32701 is considered moderate for renters. At $1,844/mo, rent takes approximately 36% of the local median household income ($62,198/yr). The standard benchmark is 30%. ZIP 32701 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32701 residents rent vs. own?

According to Census data, approximately 49% of ZIP 32701 households are renters, while 51% are owner-occupied. ZIP 32701 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32701 compare to the rest of Altamonte Springs?

ZIP 32701 is pricier than Altamonte Springs as a whole. At $1,844/mo, it's $126 above the Altamonte Springs citywide median of $1,718/mo.

When was rent data for ZIP 32701 last updated?

Rent data for ZIP 32701 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $1,844/mo, rent takes ~36% of ZIP 32701's median household income ($62,198/yr). The standard benchmark is 30%.

ZIP 32701 36%Benchmark 30%
State income taxNone
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Public schools near ZIP 32701 (Altamonte Springs, FL)

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