Average Rent in 32828, Alafaya, FL

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Current Versus Historical 32828, Alafaya, FL Rents

32828 rentals average $1,491 for a 1-bedroom rental to $3,043 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $81 (3.66%) year-over-year from $2,219 to $2,300. 1-bedroom rentals prices have decreased by $174 (-10.01%) year-over-year from $1,740 to $1,566. 2-bedroom rentals prices have increased by $201 (11.56%) year-over-year from $1,742 to $1,943. 3-bedroom rentals prices have decreased by $130 (-5.35%) year-over-year from $2,430 to $2,300. 4-bedroom rentals prices have increased by $52 (1.82%) year-over-year from $2,848 to $2,900. 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 0.00% this month. 1-bedroom rents have gone up by 10.39% this month. 2-bedroom rents have gone up by 5.65% this month. 3-bedroom rents have gone down by 2.82% this month. 4-bedroom rents have gone up by 1.69% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.05 $1,566 $1,740 (-10.01%) $1,188 (31.78%)
2 BR $1.67 $1,943 $1,742 (11.56%) $1,463 (32.85%)
3 BR $1.50 $2,300 $2,430 (-5.35%) $1,842 (24.89%)
4+ BR $1.11 $2,900 $2,848 (1.82%) $2,313 (25.36%)

Historical Rents in 32828, Alafaya, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 32828

There are a total of 5 cities nearby 32828. The average rent in 32828 is currently $2,335 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Orlando, FL, with an average rent of $2,108, is the most affordable city nearby. In contrast, the most expensive city near 32828, Alafaya, FL is Winter Park, FL. Monthly rents here are on average $3,000 per month.

Let's compare 32828, Alafaya, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 0.60% more affordable. Two bedrooms in 32828, Alafaya, FL are about 6.33% more expensive. Finally, rent for three bedrooms are about 4.35% more affordable. Want more information? Check out the top 5 cities near 32828, Alafaya, FL in the following chart.
City Studio 1 Bed 2 Bed All
Orlando, FL $1,690 $1,500 $1,850 $2,108
Oviedo, FL N/A N/A $1,792 $2,290
Alafaya, FL N/A $1,516 $1,989 $2,335
Meadow Woods, FL N/A N/A $1,848 $2,590
Winter Park, FL N/A $1,800 $2,350 $3,000

Top Neighborhoods Near 32828

There are a total of 2 neighborhoods in or near 32828. We've included all of these top 2 neighborhoods in or near 32828, Alafaya, FL in the following chart.

The average rent for these 2 neighborhoods in or near 32828, Alafaya, FL is currently around $2,699 per month. A total of one neighborhood has a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 32828's average rent, which is only $2,300. Out of all the neighborhoods in or near 32828, Central Business District has the most affordable average rent at $2,248 per month. Whereas, at $3,150 average rent per month, Lake Nona is the most expensive neighborhood in or near 32828. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Central Business District, Orlando, FL $1,753 $1,790 $2,725 $2,248
Lake Nona, Orlando, FL N/A $1,775 N/A $3,150

Top Counties Near 32828

There are a total of 2 counties located by 32828, Alafaya, FL. Some of these counties include Casselberry-Altamonte Springs, FL, Orlando, FL, and Union Park, FL. The average rent for rentals in these counties is $2,300. That's roughly around $2 per sqft. A total of 3 counties have a lower average rent. 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 $2,900, East Orange, FL is the most expensive county by 32828, Alafaya, FL.

In comparison, rent for one bedroom listings in 32828, Alafaya, FL is 2.75% more expensive than other counties nearby. Finally, rent for two bedrooms in 32828, Alafaya, FL is 8.86% 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 $1,704 $1,800
Orlando, FL $1,584 $1,450 $1,800 $2,100
Union Park, FL N/A $1,445 $1,800 $2,300
Oviedo, FL N/A $1,795 $1,794 $2,350
East Orange, FL N/A $1,860 $2,173 $2,900

Top Zipcodes Near 32828

There are a total of 9 zipcodes in or near 32828, Alafaya, FL. The average rent for all of these zipcodes is $2,341. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32822, Orlando, FL at $1,750 per month. In comparison, the zipcode with the most expensive average rent of $3,200 per month is 32789, Winter Park, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 32828, Alafaya, FL is $1,750 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,195 per month. Which comes out to $2 per sqft. The following chart includes the top 9 zipcodes in 32828, Alafaya, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
32832, East Orange, FL N/A $1,750 $2,195 $3,050
32822, Orlando, FL N/A $1,395 $1,700 $1,750
32801, Orlando, FL $1,753 $1,743 $2,788 $2,341
32824, Orlando, FL N/A N/A $1,825 $2,570
32792, Orlando, FL N/A $1,400 $1,729 $1,800
32765, Oviedo, FL N/A $1,795 $1,792 $2,300
32806, Orlando, FL N/A $1,800 $2,225 $2,350
32803, Orlando, FL N/A $1,800 $2,313 $2,300
32789, Winter Park, FL N/A $2,000 $2,495 $3,200

Frequently Asked Questions - 32828 Average Rents

What is the average rent price in 32828, Alafaya, FL?
The average monthly rental price for 32828, Alafaya, FL apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 32828, Alafaya, 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 32828, Alafaya, FL.
How much is a studio apartment in 32828, Alafaya, 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 32828.
How much is a one bedroom apartment in 32828, Alafaya, FL?
The average monthly rental price for one bedroom apartments is $1,491 and an average price per square feet of $2.05. There are a total of 9 one bedroom apartment listings currently available for rent in 32828.
How much is a two bedroom apartment in 32828, Alafaya, FL?
The average monthly rental price for two bedroom apartments is $1,975 and an average price per square feet of $1.67. There are a total of 16 two bedroom apartment listings currently available for rent in 32828.
How have rent prices in 32828, Alafaya, FL changed this year?
Rent prices for rentals in 32828, Alafaya, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.04%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by 0.12%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 32828, Alafaya, FL?
A reasonable rent price in 32828, Alafaya, FL is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.
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