ZIP Code · FL

ZIP 32837

Part of Orlando, FL
Pop. 53,671·Orange County·365th most expensive ZIP in Florida
Median rent (all units)
$2,006/mo
Year-over-Year
+2.2%
Month-over-Month
+0.8%
vs US Median
+$74
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 32837 · $2,006
More expensive than 62% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,930
1 BR
$2,030
2 BR
$2,310
3 BR
$2,900
4 BR+
$3,420
Research median
$2,310/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 32837 usually run 0.7% below trend in December and 0.9% above it in July, about $32 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 32837 is 1.3% below its high of $2,032 in September 2022, at $2,006 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 32837 changed +2.2% 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 32837 rose 38.8% while median household income rose 40.3% ($63,339 to $88,848). Income kept ahead of rent.

Since before the pandemic

Rent in ZIP 32837 is 37.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($88,848) is $2,221 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($2,030); a 2-bedroom is $2,310.

Rank in Orlando

16th cheapest of 26 ZIP codes in Orlando.

Cheaper nearby

ZIP 34741, 5 miles away, rents for 12% less ($1,765/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32837. 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
$24,072/yr
At $2,006/mo median
Location
StateFL
CountyOrange County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.2% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 32837 (Orlando, FL) is majority owner-occupied, 41% of residents hold a bachelor's degree or higher.

Population
53,671
Median income
$88,848
Median age
41.9
Renters
42.5%
Age distribution
18.3%
21.1%
29.6%
15.6%
15.4%
Under 1818.3%
18–3421.1%
35–5429.6%
55–6415.6%
65+15.4%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
32.4%
54.1%
White32.4%
Black8.6%
Hispanic54.1%
Asian8.2%
Education (25+)
22.8%
27.5%
41%
No HS diploma8.7%
HS diploma22.8%
Some college27.5%
Bachelor's+41%
Housing tenure
57.5%
42.5%
Owner57.5%
Renter42.5%

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

2021 vs 2026

How ZIP 32837 in Orlando, FL has changed in 5 years

Rent
$1,525 → $2,006
up 31.5%
Income
$71,114 → $88,848
up 24.9%
Population
49,669 → 53,671
up 8.1%
Renter share
40.7% → 42.5%
+1.8 pts
Bachelor's+
37% → 41%
+4.0 pts
Median age
40.6 → 41.9
+1.3 yrs

Since 2021, the typical rent in ZIP 32837 in Orlando, FL has increased from $1,525 to $2,006, a 31.5% change over five years. Census figures show median household income at $88,848 today, compared with $71,114 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 8.1% since 2021, moving from about 49,669 residents to roughly 53,671. Renters now make up 42.5% of households, compared with 40.7% five years ago. College-educated residents now make up 41% of adults here, versus 37% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 32837

Last updated: October 17, 2026

ZIP code 32837 covers Orlando, FL. The median rent here is $2,006/mo as of October 2026. A 1-bedroom rents for a median of $2,030/mo. A 2-bedroom rents for a median of $2,310/mo.

At 27% of local median household income ($88,848/yr), ZIP 32837 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32837?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (about $38/hour full-time) to afford the median rent of $2,006/mo in ZIP 32837. The local median household income is $88,848/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32837?

Rent in ZIP 32837 has risen 2.2% over the past year as of September 2026. It sits 1.3% below its high of $2,032 in September 2022.

When is the cheapest time to rent in ZIP 32837?

Asking rents in ZIP 32837 are usually lowest in December, about 0.7% below their yearly trend, and highest in July, about 0.9% above it. At today's median that is a gap of roughly $32 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 32837?

No. From 2019 to 2024, rent in ZIP 32837 rose 38.8% while median household income rose 40.3%, from $63,339 to $88,848. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 32837 compare to other ZIPs in Florida?

ZIP 32837 is in the middle among Florida ZIP codes for rent, ranking #365 of 656 at $2,006/mo. Over the year to September 2026, rent in ZIP 32837 changed +2.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32837 compare to the rest of Orlando?

At $2,006/mo, ZIP 32837 is $117 above the Orlando citywide median of $1,889/mo. It is the 16th cheapest of 26 ZIP codes in Orlando.
Income Affordability
27%
AFFORDABLE

At $2,006/mo, rent takes ~27% of ZIP 32837's median household income ($88,848/yr). The standard benchmark is 30%.

ZIP 32837 27%Benchmark 30%
State income taxNone
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