ZIP Code · FL

ZIP 32824

Part of Orlando, FL
Pop. 58,368·Orange County·241st most expensive ZIP in Florida
Median rent (all units)
$2,289/mo
Year-over-Year
+2.4%
Month-over-Month
-0.2%
vs US Median
+$324
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 32824 · $2,289
More expensive than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,820
1 BR
$1,910
2 BR
$2,180
3 BR
$2,740
4 BR+
$3,230
Research median
$2,180/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: July 20, 2026

Annual cost
$27,468/yr
At $2,289/mo median
Location
StateFL
CountyOrange County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.4% YoY, -0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 32824 (Orlando, FL) is majority owner-occupied, 36.1% of residents hold a bachelor's degree or higher.

Population
58,368
Median income
$84,841
Median age
38.4
Renters
24.1%
Age distribution
23.3%
21.9%
31.3%
12.2%
Under 1823.3%
18–3421.9%
35–5431.3%
55–6411.4%
65+12.2%
Gender
48%
52%
Male48%
Female52%
Race & ethnicity
24.8%
64.4%
White24.8%
Black12.7%
Hispanic64.4%
Asian6%
Education (25+)
25.7%
30.9%
36.1%
No HS diploma7.3%
HS diploma25.7%
Some college30.9%
Bachelor's+36.1%
Housing tenure
75.9%
24.1%
Owner75.9%
Renter24.1%

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

2021 vs 2026

How ZIP 32824 in Orlando, FL has changed in 5 years

Rent
$1,679 → $2,289
up 36.3%
Income
$68,083 → $84,841
up 24.6%
Population
53,049 → 58,368
up 10.0%
Renter share
25% → 24.1%
-0.9 pts
Bachelor's+
26.8% → 36.1%
+9.3 pts
Median age
37.1 → 38.4
+1.3 yrs

Compared with 2021, rent in ZIP 32824 in Orlando, FL has increased by $610 per month, settling near $2,289 after starting the period at $1,679. Median household income grew from $68,083 to $84,841 between 2021 and 2024, a 24.6% shift. Rent outpaced income growth by roughly 11.7 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 53,049 to 58,368 between 2021 and 2024, a 10.0% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 26.8% to 36.1%. Taken together, the five-year picture in ZIP 32824 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.

Community

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Local insights

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About renting in ZIP 32824

Last updated: July 20, 2026

ZIP code 32824 covers Orlando, FL. The median rent here is $2,289/mo as of July 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,180/mo.

At 32% of local median household income ($84,841/yr), ZIP 32824 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32824?

As of July 20, 2026, the median monthly rent in ZIP 32824 (Orlando, FL) is $2,289. This is based on aggregated data from public sources and community submissions.

How does ZIP 32824 rent compare to the US average?

ZIP 32824's median rent of $2,289/mo is $324 (16%) above the US national median of $1,965/mo.

How does ZIP 32824 compare to other ZIPs in Florida?

ZIP 32824 falls in the middle range for Florida, ranking #241 out of 662 ZIPs at $2,289/mo.

How much income do you need to rent in ZIP 32824?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,289/mo in ZIP 32824. The local median household income is $84,841/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32824?

Rent in ZIP 32824 has increased 2.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 32824 an affordable place to rent?

ZIP 32824 is considered moderate for renters. At $2,289/mo, rent takes approximately 32% of the local median household income ($84,841/yr). The standard benchmark is 30%. ZIP 32824 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32824 residents rent vs. own?

According to Census data, approximately 24.1% of ZIP 32824 households are renters, while 75.9% are owner-occupied. ZIP 32824 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 32824 compare to the rest of Orlando?

ZIP 32824 is pricier than Orlando as a whole. At $2,289/mo, it's $385 above the Orlando citywide median of $1,904/mo.

When was rent data for ZIP 32824 last updated?

Rent data for ZIP 32824 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $2,289/mo, rent takes ~32% of ZIP 32824's median household income ($84,841/yr). The standard benchmark is 30%.

ZIP 32824 32%Benchmark 30%
State income taxNone
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Schools nearby

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