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ZIP Code · FL

ZIP 32703

Part of Apopka, FL
Pop. 59,269·Orange County·459th most expensive ZIP in Florida
Median rent (all units)
$1,887/mo
Year-over-Year
-1.8%
Month-over-Month
-1.1%
vs US Median
-$78
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 32703 · $1,887
More expensive than 54% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,560
1 BR
$1,630
2 BR
$1,860
3 BR
$2,330
4 BR+
$2,760
Research median
$1,860/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
$22,644/yr
At $1,887/mo median
Location
CityApopka
StateFL
CountyOrange County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.8% YoY, -1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 32703 (Apopka, FL) is majority owner-occupied, 29.7% of residents hold a bachelor's degree or higher.

Population
59,269
Median income
$72,880
Median age
38.6
Renters
34.2%
Age distribution
24.3%
20.7%
28.6%
14.8%
Under 1824.3%
18–3420.7%
35–5428.6%
55–6411.7%
65+14.8%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
40.3%
28.9%
28%
White40.3%
Black28.9%
Hispanic28%
Asian3%
Education (25+)
29.7%
29%
29.7%
No HS diploma11.6%
HS diploma29.7%
Some college29%
Bachelor's+29.7%
Housing tenure
65.8%
34.2%
Owner65.8%
Renter34.2%

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

2021 vs 2026

How ZIP 32703 in Apopka, FL has changed in 5 years

Rent
$1,470 → $1,887
up 28.4%
Income
$54,744 → $72,880
up 33.1%
Population
54,551 → 59,269
up 8.6%
Renter share
33.7% → 34.2%
+0.5 pts
Bachelor's+
26.1% → 29.7%
+3.6 pts
Median age
38.1 → 38.6
+0.5 yrs

The median rent in ZIP 32703 in Apopka, FL stood at $1,470 in 2021 and currently runs about $1,887, reflecting a 28.4% increase over the period. Median household income rose from $54,744 to $72,880 between 2021 and 2024, a 33.1% shift. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 8.6% since 2021, moving from about 54,551 residents to roughly 59,269. College-educated residents now make up 29.7% of adults here, versus 26.1% in 2021. Taken together, the five-year picture in ZIP 32703 in Apopka, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

Tips for renters in ZIP 32703

About renting in ZIP 32703

Last updated: July 20, 2026

ZIP code 32703 covers Apopka, FL. The median rent here is $1,887/mo as of July 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $1,860/mo.

At 31% of local median household income ($72,880/yr), ZIP 32703 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32703?

As of July 20, 2026, the median monthly rent in ZIP 32703 (Apopka, FL) is $1,887. This is based on aggregated data from public sources and community submissions.

How does ZIP 32703 rent compare to the US average?

ZIP 32703's median rent of $1,887/mo is $78 (4%) below the US national median of $1,965/mo.

How does ZIP 32703 compare to other ZIPs in Florida?

ZIP 32703 is among the more affordable ZIP codes in Florida, ranking #459 out of 662 ZIPs at $1,887/mo.

How much income do you need to rent in ZIP 32703?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,887/mo in ZIP 32703. The local median household income is $72,880/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32703?

Rent in ZIP 32703 has decreased 1.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 32703 an affordable place to rent?

ZIP 32703 is considered moderate for renters. At $1,887/mo, rent takes approximately 31% of the local median household income ($72,880/yr). The standard benchmark is 30%. ZIP 32703 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32703 residents rent vs. own?

According to Census data, approximately 34.2% of ZIP 32703 households are renters, while 65.8% are owner-occupied. ZIP 32703 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32703 compare to the rest of Apopka?

ZIP 32703 is more affordable than Apopka overall. At $1,887/mo, it's $95 below the Apopka citywide median of $1,982/mo.

When was rent data for ZIP 32703 last updated?

Rent data for ZIP 32703 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
31%
MODERATE

At $1,887/mo, rent takes ~31% of ZIP 32703's median household income ($72,880/yr). The standard benchmark is 30%.

ZIP 32703 31%Benchmark 30%
State income taxNone
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