Average Rent in 32701, Altamonte Springs, FL

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Current Versus Historical 32701, Altamonte Springs, FL Rents

32701 rentals average $1,315 for a 1-bedroom rental to $2,643 for a 3-bedroom rental. The median price of all currently available listings is $1,650, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $8,444 (-98.55%) year-over-year from $8,568 to $124. 1-bedroom rentals prices have decreased by $42 (-3.27%) year-over-year from $1,274 to $1,233. 2-bedroom rentals prices have decreased by $39 (-2.33%) year-over-year from $1,682 to $1,643. 3-bedroom rentals prices have increased by $435 (21.07%) year-over-year from $2,065 to $2,500. 4-bedroom rentals prices have increased by $180 (6.43%) year-over-year from $2,800 to $2,980. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 88.73% this month. 1-bedroom rents have gone down by 3.52% this month. 2-bedroom rents have gone down by 2.61% this month. 3-bedroom rents have gone up by 13.85% this month. 4-bedroom rents have gone up by 1.19% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.02 $1,233 $1,274 (-3.27%) $995 (23.87%)
2 BR $1.69 $1,643 $1,682 (-2.33%) $1,238 (32.73%)
3 BR $1.63 $2,500 $2,065 (21.07%) $1,591 (57.15%)

Historical Rents in 32701, Altamonte Springs, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 32701

There are a total of 2 cities nearby 32701. The average rent in 32701 is currently $2,263 per month. Only one city nearby has an average rent lower than that. Our records show that Altamonte Springs, FL, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near 32701, Altamonte Springs, FL is Winter Park, FL. Monthly rents here are on average $2,925 per month.

Let's compare 32701, Altamonte Springs, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 21.01% more affordable. Two bedrooms in 32701, Altamonte Springs, FL are about 15.18% more affordable. Finally, rent for three bedrooms are about 6.99% more expensive. Want more information? Check out the top 2 cities near 32701, Altamonte Springs, FL in the following chart.
City Studio 1 Bed 2 Bed All
Altamonte Springs, FL N/A $1,383 $1,702 $1,600
Winter Park, FL N/A $1,800 $2,350 $2,925

Top Neighborhoods Near 32701



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 32701

The average rent for rentals in these counties is $1,800. That's roughly around $2 per sqft. The county that is the most affordable is Casselberry-Altamonte Springs, FL. It's average rent per month is $1,800. Vice versa, with an average rent of $1,800, Casselberry-Altamonte Springs, FL is the most expensive county by 32701, Altamonte Springs, FL.

In comparison, rent for one bedroom listings in 32701, Altamonte Springs, FL is 6.08% more affordable than other counties nearby. Finally, rent for two bedrooms in 32701, Altamonte Springs, FL is 2.96% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Casselberry-Altamonte Springs, FL N/A $1,395 $1,707 $1,800

Top Zipcodes Near 32701

There are a total of 3 zipcodes in or near 32701, Altamonte Springs, FL. The average rent for all of these zipcodes is $1,827.

The following chart includes the top 3 zipcodes in 32701, Altamonte Springs, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
32714, Forest City, FL N/A $1,399 $1,668 $1,648
32792, Orlando, FL N/A $1,390 $1,740 $1,827
32789, Winter Park, FL N/A $2,000 $2,495 $3,100

Frequently Asked Questions - 32701 Average Rents

What is the average rent price in 32701, Altamonte Springs, FL?
The average monthly rental price for 32701, Altamonte Springs, FL apartments for rent is approximately $1,650. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 32701, Altamonte Springs, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 32701, Altamonte Springs, FL.
How much is a studio apartment in 32701, Altamonte Springs, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 32701.
How much is a one bedroom apartment in 32701, Altamonte Springs, FL?
The average monthly rental price for one bedroom apartments is $1,315 and an average price per square feet of $2.02. There are a total of 20 one bedroom apartment listings currently available for rent in 32701.
How much is a two bedroom apartment in 32701, Altamonte Springs, FL?
The average monthly rental price for two bedroom apartments is $1,759 and an average price per square feet of $1.69. There are a total of 21 two bedroom apartment listings currently available for rent in 32701.
How have rent prices in 32701, Altamonte Springs, FL changed this year?
Rent prices for rentals in 32701, Altamonte Springs, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.99%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.02%, and three bedroom rental prices have changed by 0.21% year-over-year.
What is a reasonable rent price in 32701, Altamonte Springs, FL?
A reasonable rent price in 32701, Altamonte Springs, FL is around $1,320/month. You can search for these reasonably priced rental listings on RentHop.
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