ZIP Code · FL

ZIP 32707

Pop. 39,493·Seminole County·439th most expensive ZIP in Florida
Median rent (all units)
$1,894/mo
Year-over-Year
+3.4%
Month-over-Month
+0.6%
vs US Median
-$38
Reported rents
Rising (Monthly)
Be the first to discuss 32707 rents ↓
Most AffordableMost Expensive
ZIP 32707 · $1,894
More expensive than 55% of US ZIP codes · National median $1,932/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,660
2 BR
$1,890
3 BR
$2,370
4 BR+
$2,800
Research median
$1,890/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 32707 usually run 1.2% below trend in January and 1.1% above it in July, about $44 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 32707 is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of Florida

Rent in ZIP 32707 changed +3.4% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 32707 rose 41.9% while median household income rose 25.8% ($54,941 to $69,113). Rent outpaced income.

Since before the pandemic

Rent in ZIP 32707 is 45% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($69,113) is $1,728 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,660); a 2-bedroom is $1,890.

Cheaper nearby

ZIP 32792, 4 miles away, rents for 11% less ($1,679/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32707. 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.

Annual cost
$22,728/yr
At $1,894/mo median
Location
StateFL
CountySeminole County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.4% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 32707 (Casselberry, FL) is majority owner-occupied, 35.3% of residents hold a bachelor's degree or higher.

Population
39,493
Median income
$69,113
Median age
40
Renters
34.2%
Age distribution
18.5%
23.9%
25.1%
13.8%
18.8%
Under 1818.5%
18–3423.9%
35–5425.1%
55–6413.8%
65+18.8%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
60.2%
26.5%
White60.2%
Black9.7%
Hispanic26.5%
Asian4.3%
Education (25+)
25.4%
31.2%
35.3%
No HS diploma8.1%
HS diploma25.4%
Some college31.2%
Bachelor's+35.3%
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 32707 in Casselberry, FL has changed in 5 years

Rent
$1,385 → $1,894
up 36.8%
Income
$59,894 → $69,113
up 15.4%
Population
37,495 → 39,493
up 5.3%
Renter share
31.1% → 34.2%
+3.1 pts
Bachelor's+
34.5% → 35.3%
+0.8 pts

Five years ago, renters in ZIP 32707 in Casselberry, FL paid around $1,385 a month. That figure now sits near $1,894, up 36.8% from the 2021 baseline. Census figures show median household income at $69,113 today, compared with $59,894 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 32707 in Casselberry, FL adding about 1,998 residents over the five-year window, up 5.3% on net. The renter share has risen from 31.1% to 34.2%, 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 ZIP 32707

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 32707

About renting in ZIP 32707

Last updated: October 17, 2026

ZIP code 32707 covers Casselberry, FL. The median rent here is $1,894/mo as of October 2026. A 1-bedroom rents for a median of $1,660/mo. A 2-bedroom rents for a median of $1,890/mo.

At 33% of local median household income ($69,113/yr), ZIP 32707 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32707?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,894/mo in ZIP 32707. The local median household income is $69,113/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 32707?

Rent in ZIP 32707 has risen 3.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in ZIP 32707?

Asking rents in ZIP 32707 are usually lowest in January, about 1.2% below their yearly trend, and highest in July, about 1.1% above it. At today's median that is a gap of roughly $44 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 32707?

Yes. From 2019 to 2024, rent in ZIP 32707 rose 41.9% while median household income rose 25.8%, from $54,941 to $69,113. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 32707 compare to other ZIPs in Florida?

ZIP 32707 is one of the more affordable among Florida ZIP codes for rent, ranking #439 of 656 at $1,894/mo. Over the year to September 2026, rent in ZIP 32707 changed +3.4%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32707 compare to the rest of Casselberry?

At $1,894/mo, ZIP 32707 is $69 above the Casselberry citywide median of $1,825/mo.
Income Affordability
33%
MODERATE

At $1,894/mo, rent takes ~33% of ZIP 32707's median household income ($69,113/yr). The standard benchmark is 30%.

ZIP 32707 33%Benchmark 30%
State income taxNone
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 32707 (Casselberry, FL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.