ZIP Code · FL

ZIP 32804

Part of Orlando, FL
Pop. 21,720·Orange County·345th most expensive ZIP in Florida
Median rent (all units)
$2,046/mo
Year-over-Year
+0.3%
Month-over-Month
+0.3%
vs US Median
+$114
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 32804 · $2,046
More expensive than 64% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,720
1 BR
$1,810
2 BR
$2,060
3 BR
$2,590
4 BR+
$3,050
Research median
$2,060/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 32804 usually run 1.4% below trend in December and 1.2% above it in June, about $53 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 32804 is 0.5% below its high of $2,056 in July 2026, at $2,046 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32804 changed +0.3% 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 32804 rose 43.3% while median household income rose 42.1% ($79,707 to $113,231). Rent outpaced income.

Since before the pandemic

Rent in ZIP 32804 is 43.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($113,231) is $2,831 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,590); a 4-bedroom is $3,050.

Rank in Orlando

17th cheapest of 26 ZIP codes in Orlando.

Cheaper nearby

ZIP 32808, 3 miles away, rents for 16% less ($1,710/mo), about $4,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32804. 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
$24,552/yr
At $2,046/mo median
Location
StateFL
CountyOrange 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 (+0.3% YoY, +0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 32804 (Orlando, FL) is majority owner-occupied, has a median income above the national average, 59.9% of residents hold a bachelor's degree or higher.

Population
21,720
Median income
$113,231
Median age
37.9
Renters
35%
Age distribution
17.5%
25.3%
28.7%
13.8%
14.7%
Under 1817.5%
18–3425.3%
35–5428.7%
55–6413.8%
65+14.7%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
76.5%
15.3%
White76.5%
Black4.6%
Hispanic15.3%
Asian3.7%
Education (25+)
15.5%
21.6%
59.9%
No HS diploma3%
HS diploma15.5%
Some college21.6%
Bachelor's+59.9%
Housing tenure
65%
35%
Owner65%
Renter35%

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

2021 vs 2026

How ZIP 32804 in Orlando, FL has changed in 5 years

Rent
$1,515 → $2,046
up 35.0%
Income
$97,695 → $113,231
up 15.9%
Population
20,073 → 21,720
up 8.2%
Renter share
34.1% → 35%
+0.9 pts
Bachelor's+
57.5% → 59.9%
+2.4 pts
Median age
38.9 → 37.9
-1.0 yrs

Compared with 2021, rent in ZIP 32804 in Orlando, FL has climbed by $531 per month, settling near $2,046 after starting the period at $1,515. Median household income grew from $97,695 to $113,231 between 2021 and 2024, a 15.9% shift. Rent outpaced income growth by roughly 19.1 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 20,073 to 21,720 between 2021 and 2024, a 8.2% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 57.5% to 59.9%. Taken together, the five-year picture in ZIP 32804 in Orlando, 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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About renting in ZIP 32804

Last updated: October 17, 2026

ZIP code 32804 covers Orlando, FL. The median rent here is $2,046/mo as of October 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,060/mo.

At 22% of local median household income ($113,231/yr), ZIP 32804 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32804?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (about $39/hour full-time) to afford the median rent of $2,046/mo in ZIP 32804. The local median household income is $113,231/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32804?

Rent in ZIP 32804 has been roughly flat over the past year as of September 2026, a +0.3% change. It sits 0.5% below its high of $2,056 in July 2026.

When is the cheapest time to rent in ZIP 32804?

Asking rents in ZIP 32804 are usually lowest in December, about 1.4% below their yearly trend, and highest in June, about 1.2% above it. At today's median that is a gap of roughly $53 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 32804?

Yes. From 2019 to 2024, rent in ZIP 32804 rose 43.3% while median household income rose 42.1%, from $79,707 to $113,231. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 32804 compare to other ZIPs in Florida?

ZIP 32804 is in the middle among Florida ZIP codes for rent, ranking #345 of 656 at $2,046/mo. Over the year to September 2026, rent in ZIP 32804 changed +0.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32804 compare to the rest of Orlando?

At $2,046/mo, ZIP 32804 is $157 above the Orlando citywide median of $1,889/mo. It is the 17th cheapest of 26 ZIP codes in Orlando.
Income Affordability
22%
VERY AFFORDABLE

At $2,046/mo, rent takes ~22% of ZIP 32804's median household income ($113,231/yr). The standard benchmark is 30%.

ZIP 32804 22%Benchmark 30%
State income taxNone
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