ZIP Code · FL

ZIP 32806

Part of Orlando, FL
Pop. 26,096·Orange County·517th most expensive ZIP in Florida
Median rent (all units)
$1,737/mo
Year-over-Year
-0.9%
Month-over-Month
+0.4%
vs US Median
-$195
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 32806 · $1,737
More affordable than 55% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,520
1 BR
$1,600
2 BR
$1,820
3 BR
$2,280
4 BR+
$2,700
Research median
$1,820/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

February. Asking rents in ZIP 32806 usually run 0.9% below trend in February and 0.9% above it in June, about $31 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 32806 is 1.6% below its high of $1,765 in March 2025, at $1,737 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32806 changed -0.9% 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 32806 rose 42.2% while median household income rose 34.9% ($65,987 to $89,046). Rent outpaced income.

Since before the pandemic

Rent in ZIP 32806 is 39.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($89,046) is $2,226 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,820); a 3-bedroom is $2,280.

Rank in Orlando

10th cheapest of 26 ZIP codes in Orlando.

Cheaper nearby

ZIP 32805, 3 miles away, rents for 16% less ($1,463/mo), about $3,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32806. 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
$20,844/yr
At $1,737/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 (-0.9% YoY, +0.4% MoM), not inventory.
Demographics

Who lives here

ZIP 32806 (Orlando, FL) is majority owner-occupied, 53.9% of residents hold a bachelor's degree or higher.

Population
26,096
Median income
$89,046
Median age
41.1
Renters
30.5%
Age distribution
18.6%
22.2%
29%
14.9%
15.3%
Under 1818.6%
18–3422.2%
35–5429%
55–6414.9%
65+15.3%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
71.5%
19.2%
White71.5%
Black4.9%
Hispanic19.2%
Asian2.5%
Other1.9%
Education (25+)
18.4%
23%
53.9%
No HS diploma4.7%
HS diploma18.4%
Some college23%
Bachelor's+53.9%
Housing tenure
69.5%
30.5%
Owner69.5%
Renter30.5%

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

2021 vs 2026

How ZIP 32806 in Orlando, FL has changed in 5 years

Rent
$1,318 → $1,737
up 31.8%
Income
$78,816 → $89,046
up 13.0%
Population
27,050 → 26,096
down 3.5%
Renter share
37.5% → 30.5%
-7.0 pts
Bachelor's+
51.7% → 53.9%
+2.2 pts
Median age
38.2 → 41.1
+2.9 yrs

Five years ago, renters in ZIP 32806 in Orlando, FL paid around $1,318 a month. That figure now sits near $1,737, up 31.8% from the 2021 baseline. On the earnings side, the typical household in ZIP 32806 in Orlando, FL now reports about $89,046, up from $78,816 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 32806 in Orlando, FL losing about 954 residents over the five-year window, down 3.5% on net. The renter share has eased from 37.5% to 30.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 51.7% to 53.9% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 32806 in Orlando, FL reflects that arc in its own way.

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About renting in ZIP 32806

Last updated: October 17, 2026

ZIP code 32806 covers Orlando, FL. The median rent here is $1,737/mo as of October 2026. A 1-bedroom rents for a median of $1,600/mo. A 2-bedroom rents for a median of $1,820/mo.

At 23% of local median household income ($89,046/yr), ZIP 32806 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32806?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,737/mo in ZIP 32806. The local median household income is $89,046/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32806?

Rent in ZIP 32806 has fallen 0.9% over the past year as of September 2026. It sits 1.6% below its high of $1,765 in March 2025.

When is the cheapest time to rent in ZIP 32806?

Asking rents in ZIP 32806 are usually lowest in February, about 0.9% below their yearly trend, and highest in June, 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 32806?

Yes. From 2019 to 2024, rent in ZIP 32806 rose 42.2% while median household income rose 34.9%, from $65,987 to $89,046. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 32806 compare to other ZIPs in Florida?

ZIP 32806 is one of the more affordable among Florida ZIP codes for rent, ranking #517 of 656 at $1,737/mo. Over the year to September 2026, rent in ZIP 32806 changed -0.9%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32806 compare to the rest of Orlando?

At $1,737/mo, ZIP 32806 is $152 below the Orlando citywide median of $1,889/mo. It is the 10th cheapest of 26 ZIP codes in Orlando.
Income Affordability
23%
VERY AFFORDABLE

At $1,737/mo, rent takes ~23% of ZIP 32806's median household income ($89,046/yr). The standard benchmark is 30%.

ZIP 32806 23%Benchmark 30%
State income taxNone
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