ZIP Code · FL

ZIP 32714

Part of Altamonte Springs, FL

Pop. 37,905·Seminole County·602nd most expensive ZIP in Florida

Median rent (all units)

$1,534/mo

Year-over-Year

-0.5%

Month-over-Month

-0.6%

vs US Median

-$398

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 32714 · $1,534

More affordable than 71% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,200

1 BR

$1,254

2 BR

$1,432

3 BR

$1,800

4 BR+

$2,120

Research median

$1,432/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 32714 usually run 1.1% below trend in December and 0.9% above it in August, about $31 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 32714 is 2% below its high of $1,566 in December 2024, at $1,534 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32714 changed -0.5% 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 32714 rose 41.5% while median household income rose 34.8% ($52,626 to $70,955). Rent outpaced income.

Since before the pandemic

Rent in ZIP 32714 is 36.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($70,955) is $1,774 a month. That covers HUD's Fair Market Rent for up to a studio ($1,760); a 1-bedroom is $1,840.

From Zillow's monthly rent index (ZORI) for ZIP 32714. 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

$18,408/yr

At $1,534/mo median

Location

CityAltamonte Springs

StateFL

CountySeminole County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (-0.5% YoY, -0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 32714 (Altamonte Springs, FL) is roughly split between renters and owners, 37% of residents hold a bachelor's degree or higher.

Population

37,905

Median income

$70,955

Median age

36.5

Renters

49.1%

Age distribution

20.7%

27%

26.6%

15.5%

Under 1820.7%

18–3427%

35–5426.6%

55–6410.2%

65+15.5%

Gender

46.1%

53.9%

Male46.1%

Female53.9%

Race & ethnicity

45.5%

20%

32.3%

White45.5%

Black20%

Hispanic32.3%

Asian2.4%

Education (25+)

22.2%

33.2%

37%

No HS diploma7.5%

HS diploma22.2%

Some college33.2%

Bachelor's+37%

Housing tenure

50.9%

49.1%

Owner50.9%

Renter49.1%

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

2021 vs 2026

How ZIP 32714 in Altamonte Springs, FL has changed in 5 years

Rent

$1,191 → $1,534

up 28.8%

Income

$56,155 → $70,955

up 26.4%

Population

37,957 → 37,905

down 0.1%

Renter share

51.3% → 49.1%

-2.2 pts

Bachelor's+

37.1% → 37%

-0.1 pts

Since 2021, the typical rent in ZIP 32714 in Altamonte Springs, FL has increased from $1,191 to $1,534, a 28.8% change over five years. On the earnings side, the typical household in ZIP 32714 in Altamonte Springs, FL now reports about $70,955, up from $56,155 in 2021. Renters now make up 49.1% of households, compared with 51.3% five years ago. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 32714 in Altamonte Springs, FL reflects that arc in its own way.

Community

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Local insights

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About renting in ZIP 32714

Last updated: October 17, 2026

ZIP code 32714 covers Altamonte Springs, FL. The median rent here is $1,534/mo as of October 2026. A 1-bedroom rents for a median of $1,254/mo. A 2-bedroom rents for a median of $1,432/mo.

At 26% of local median household income ($70,955/yr), ZIP 32714 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32714?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,534/mo in ZIP 32714. The local median household income is $70,955/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32714?

Rent in ZIP 32714 has been roughly flat over the past year as of September 2026, a -0.5% change. It sits 2% below its high of $1,566 in December 2024.

When is the cheapest time to rent in ZIP 32714?

Asking rents in ZIP 32714 are usually lowest in December, about 1.1% below their yearly trend, and highest in August, about 0.9% above it. At today's median that is a gap of roughly $31 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 32714?

Yes. From 2019 to 2024, rent in ZIP 32714 rose 41.5% while median household income rose 34.8%, from $52,626 to $70,955. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 32714 compare to other ZIPs in Florida?

ZIP 32714 is one of the more affordable among Florida ZIP codes for rent, ranking #602 of 656 at $1,534/mo. Over the year to September 2026, rent in ZIP 32714 changed -0.5%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.