ZIP 32701
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12-month history
Last updated: October 17, 2026
What the numbers show
November. Asking rents in ZIP 32701 usually run 0.7% below trend in November and 1% above it in July, about $29 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 32701 is 0.6% below its high of $1,727 in April 2025, at $1,716 as of September 2026.
Rent in ZIP 32701 changed +1.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 32701 rose 36.2% while median household income rose 12.8% ($55,137 to $62,198). Rent outpaced income.
Rent in ZIP 32701 is 35.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
30% of the median household income ($62,198) is $1,555 a month. That is less than HUD's Fair Market Rent for a studio ($1,570).
ZIP 32714, 3 miles away, rents for 11% less ($1,534/mo), about $2,200 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 32701. 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.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 32701 in Altamonte Springs, FL has changed in 5 years
Compared with 2021, rent in ZIP 32701 in Altamonte Springs, FL has increased by $398 per month, settling near $1,716 after starting the period at $1,318. Census figures show median household income at $62,198 today, compared with $60,212 five years earlier. Rent outpaced income growth by roughly 26.9 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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Tips for renters in ZIP 32701
Last updated: October 17, 2026
ZIP code 32701 covers Altamonte Springs, FL. The median rent here is $1,716/mo as of October 2026. A 1-bedroom rents for a median of $1,650/mo. A 2-bedroom rents for a median of $1,880/mo.
At 33% of local median household income ($62,198/yr), ZIP 32701 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.
Frequently asked questions
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How does ZIP 32701 compare to other ZIPs in Florida?
How does ZIP 32701 compare to the rest of Altamonte Springs?
At $1,716/mo, rent takes ~33% of ZIP 32701's median household income ($62,198/yr). The standard benchmark is 30%.
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