ZIP Code · FL

ZIP 32821

Part of Orlando, FL
Pop. 26,161·Orange County·444th most expensive ZIP in Florida
Median rent (all units)
$1,886/mo
Year-over-Year
-0.3%
Month-over-Month
+0.2%
vs US Median
-$46
Reported rents
Stable (Monthly)
Be the first to discuss 32821 rents ↓
Most AffordableMost Expensive
ZIP 32821 · $1,886
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
$1,820
1 BR
$1,900
2 BR
$2,170
3 BR
$2,720
4 BR+
$3,220
Research median
$2,170/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

December. Asking rents in ZIP 32821 usually run 0.5% below trend in December and 0.9% above it in June, about $26 a month apart at today's median. Based on 7 years of data.

Compared with the peak

Rent in ZIP 32821 is 8% below its high of $2,049 in July 2022, at $1,886 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32821 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 32821 rose 34.8% while median household income rose 23.9% ($55,965 to $69,348). Rent outpaced income.

Since before the pandemic

Rent in ZIP 32821 is 31% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($69,348) is $1,734 a month. That is less than HUD's Fair Market Rent for a studio ($1,820).

Rank in Orlando

12th cheapest of 26 ZIP codes in Orlando.

Cheaper nearby

ZIP 32839, 9 miles away, rents for 14% less ($1,616/mo), about $3,200 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32821. 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
$22,632/yr
At $1,886/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, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 32821 (Orlando, FL) is majority renter-occupied, skews toward younger working-age adults, 47.1% of residents hold a bachelor's degree or higher.

Population
26,161
Median income
$69,348
Median age
31.9
Renters
68.3%
Age distribution
20.2%
36.1%
28.4%
Under 1820.2%
18–3436.1%
35–5428.4%
55–647.5%
65+7.9%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
47.1%
46.6%
White47.1%
Black5.7%
Hispanic46.6%
Asian3%
Education (25+)
20.6%
27.2%
47.1%
No HS diploma5.1%
HS diploma20.6%
Some college27.2%
Bachelor's+47.1%
Housing tenure
31.7%
68.3%
Owner31.7%
Renter68.3%

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

2021 vs 2026

How ZIP 32821 in Orlando, FL has changed in 5 years

Rent
$1,466 → $1,886
up 28.6%
Income
$58,461 → $69,348
up 18.6%
Population
20,618 → 26,161
up 26.9%
Renter share
66.5% → 68.3%
+1.8 pts
Bachelor's+
40.1% → 47.1%
+7.0 pts

Rent in ZIP 32821 in Orlando, FL has increased 28.6% since 2021, going from about $1,466 per month to roughly $1,886 today. Census figures show median household income at $69,348 today, compared with $58,461 five years earlier. Rent outpaced income growth by roughly 10.0 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 20,618 to 26,161 between 2021 and 2024, a 26.9% change. About 68.3% of households rent today, against 66.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 40.1% to 47.1%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about ZIP 32821

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 32821

About renting in ZIP 32821

Last updated: October 17, 2026

ZIP code 32821 covers Orlando, FL. The median rent here is $1,886/mo as of October 2026. A 1-bedroom rents for a median of $1,900/mo. A 2-bedroom rents for a median of $2,170/mo.

At 33% of local median household income ($69,348/yr), ZIP 32821 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32821?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,886/mo in ZIP 32821. The local median household income is $69,348/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 32821?

Rent in ZIP 32821 has been roughly flat over the past year as of September 2026, a -0.3% change. It sits 8% below its high of $2,049 in July 2022.

When is the cheapest time to rent in ZIP 32821?

Asking rents in ZIP 32821 are usually lowest in December, about 0.5% below their yearly trend, and highest in June, about 0.9% above it. At today's median that is a gap of roughly $26 a month. This pattern comes from 7 years of Zillow rent data.

Has rent outpaced income in ZIP 32821?

Yes. From 2019 to 2024, rent in ZIP 32821 rose 34.8% while median household income rose 23.9%, from $55,965 to $69,348. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 32821 compare to other ZIPs in Florida?

ZIP 32821 is one of the more affordable among Florida ZIP codes for rent, ranking #444 of 656 at $1,886/mo. Over the year to September 2026, rent in ZIP 32821 changed -0.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32821 compare to the rest of Orlando?

At $1,886/mo, ZIP 32821 is $3 below the Orlando citywide median of $1,889/mo. It is the 12th cheapest of 26 ZIP codes in Orlando.
Income Affordability
33%
MODERATE

At $1,886/mo, rent takes ~33% of ZIP 32821's median household income ($69,348/yr). The standard benchmark is 30%.

ZIP 32821 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 32821 (Orlando, FL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.