ZIP Code · FL

ZIP 32818

Part of Orlando, FL

Pop. 59,114·Orange County·554th most expensive ZIP in Florida

Median rent (all units)

$1,655/mo

Year-over-Year

-1.2%

Month-over-Month

Stable

vs US Median

-$277

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 32818 · $1,655

More affordable than 61% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,470

1 BR

$1,540

2 BR

$1,760

3 BR

$2,210

4 BR+

$2,610

Research median

$1,760/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 32818 usually run 1.2% below trend in December and 1.3% above it in May, about $41 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 32818 is 2.8% below its high of $1,702 in March 2025, at $1,655 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32818 changed -1.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($63,061) is $1,577 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,540); a 2-bedroom is $1,760.

Rank in Orlando

6th cheapest of 26 ZIP codes in Orlando.

Cheaper nearby

ZIP 32805, 6 miles away, rents for 12% less ($1,463/mo), about $2,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32818. 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

$19,860/yr

At $1,655/mo median

Location

CityOrlando

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 (-1.2% YoY, -0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 32818 (Orlando, FL) is majority owner-occupied, has a median income below the national average, 19.7% of residents hold a bachelor's degree or higher.

Population

59,114

Median income

$63,061

Median age

36.1

Renters

41.6%

Age distribution

24.3%

24.7%

26.3%

13.8%

Under 1824.3%

18–3424.7%

35–5426.3%

55–6410.9%

65+13.8%

Gender

44.9%

55.1%

Male44.9%

Female55.1%

Race & ethnicity

14.7%

69.6%

14%

White14.7%

Black69.6%

Hispanic14%

Asian3.9%

Education (25+)

15.1%

36.8%

28.5%

19.7%

No HS diploma15.1%

HS diploma36.8%

Some college28.5%

Bachelor's+19.7%

Housing tenure

58.4%

41.6%

Owner58.4%

Renter41.6%

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

2022 vs 2026

How ZIP 32818 in Orlando, FL has changed in 5 years

Rent

$1,583 → $1,655

up 4.5%

Income

$51,060 → $63,061

up 23.5%

Population

62,693 → 59,114

down 5.7%

Renter share

43.8% → 41.6%

-2.2 pts

Bachelor's+

18.6% → 19.7%

+1.1 pts

Median age

33.3 → 36.1

+2.8 yrs

Rent in ZIP 32818 in Orlando, FL has increased 4.5% since 2022, going from about $1,583 per month to roughly $1,655 today. Census figures show median household income at $63,061 today, compared with $51,060 five years earlier. Income growth outran rent by about 19.0 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 62,693 to 59,114 between 2021 and 2024, a 5.7% change. About 41.6% of households rent today, against 43.8% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

Community

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About renting in ZIP 32818

Last updated: October 17, 2026

ZIP code 32818 covers Orlando, FL. The median rent here is $1,655/mo as of October 2026. A 1-bedroom rents for a median of $1,540/mo. A 2-bedroom rents for a median of $1,760/mo.

At 31% of local median household income ($63,061/yr), ZIP 32818 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32818?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,655/mo in ZIP 32818. The local median household income is $63,061/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 32818?

Rent in ZIP 32818 has fallen 1.2% over the past year as of September 2026. It sits 2.8% below its high of $1,702 in March 2025.

When is the cheapest time to rent in ZIP 32818?

Asking rents in ZIP 32818 are usually lowest in December, about 1.2% below their yearly trend, and highest in May, about 1.3% above it. At today's median that is a gap of roughly $41 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 32818 compare to other ZIPs in Florida?

ZIP 32818 is one of the more affordable among Florida ZIP codes for rent, ranking #554 of 656 at $1,655/mo. Over the year to September 2026, rent in ZIP 32818 changed -1.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.