Average Rent in Alafaya, FL

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Current Versus Historical Alafaya, FL Rents

Alafaya rentals average $1,588 for a 1-bedroom rental to $2,990 for a 4-bedroom rental. The median price of all currently available listings is $2,350, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have increased by $100 (4.55%) year-over-year from $2,200 to $2,300. 1-bedroom rentals prices have decreased by $167 (-9.52%) year-over-year from $1,755 to $1,588. 2-bedroom rentals prices have increased by $162 (9.31%) year-over-year from $1,741 to $1,904. 3-bedroom rentals prices have increased by $20 (0.84%) year-over-year from $2,366 to $2,386. 4-bedroom rentals prices have increased by $165 (5.98%) year-over-year from $2,758 to $2,923. 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 up by 32.93% this month. 1-bedroom rents have gone up by 5.21% this month. 2-bedroom rents have gone up by 3.11% this month. 3-bedroom rents have gone up by 1.36% this month. 4-bedroom rents have gone up by 4.47% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.15 $1,588 $1,755 (-9.52%) $1,112 (42.85%)
2 BR $1.68 $1,904 $1,741 (9.31%) $1,375 (38.44%)
3 BR $1.51 $2,386 $2,366 (0.84%) $1,783 (33.77%)
4+ BR $1.18 $2,923 $2,758 (5.98%) $2,123 (37.64%)

Historical Rents in Alafaya, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Alafaya

There are a total of 3 cities nearby Alafaya. The average rent in Alafaya is currently $2,645 per month. Only one city nearby has an average rent lower than that. Our records show that Orlando, FL, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Alafaya, FL is Winter Park, FL. Monthly rents here are on average $2,850 per month.

Let's compare Alafaya, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 4.75% more expensive. Two bedrooms in Alafaya, FL are about 1.47% more expensive. Finally, rent for three bedrooms are about 11.02% more affordable. Want more information? Check out the top 3 cities near Alafaya, FL in the following chart.
City Studio 1 Bed 2 Bed All
Orlando, FL $1,705 $1,513 $1,850 $2,100
Meadow Woods, FL N/A N/A $1,975 $2,645
Winter Park, FL N/A $2,025 $1,973 $2,850

Top Neighborhoods Near Alafaya

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

The average rent for these 2 neighborhoods in or near Alafaya, FL is currently around $2,768 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 Alafaya's average rent, which is only $2,350. Out of all the neighborhoods in or near Alafaya, Central Business District has the most affordable average rent at $2,285 per month. Whereas, at $3,250 average rent per month, Lake Nona is the most expensive neighborhood in or near Alafaya. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Central Business District, Orlando, FL $1,795 $1,700 $2,850 $2,285
Lake Nona, Orlando, FL N/A $1,950 $2,688 $3,250

Top Counties Near Alafaya

There are a total of 2 counties located by 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 4 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 $1,750. Vice versa, with an average rent of $2,900, East Orange, FL is the most expensive county by Alafaya, FL.

In comparison, rent for one bedroom listings in Alafaya, FL is 8.69% more expensive than other counties nearby. Finally, rent for two bedrooms in Alafaya, FL is 9.07% 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 $1,366 $1,672 $1,750
Orlando, FL $1,656 $1,450 $1,850 $2,100
Union Park, FL N/A $1,423 $1,775 $2,300
Oviedo, FL N/A $1,790 $1,821 $2,300
East Orange, FL N/A $1,913 $2,188 $2,900

Top Zipcodes Near Alafaya

There are a total of 11 zipcodes in or near Alafaya, FL. The average rent for all of these zipcodes is $2,350. A total of 6 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32701, Altamonte Springs, FL at $1,598 per month. In comparison, the zipcode with the most expensive average rent of $4,250 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 Alafaya, FL is $1,700 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,000 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 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 $1,860 $2,195 $3,000
32822, Orlando, FL N/A $1,400 $1,700 $1,795
32801, Orlando, FL $1,795 $1,700 $2,850 $2,350
32824, Orlando, FL N/A N/A $1,950 $2,600
32792, Orlando, FL N/A $1,404 $1,740 $1,800
32828, Alafaya, FL N/A $1,581 $2,000 $2,300
32765, Oviedo, FL N/A $1,790 $1,823 $2,300
32806, Orlando, FL N/A $1,800 $2,300 $2,425
32701, Altamonte Springs, FL N/A $1,330 $1,695 $1,598
32803, Orlando, FL N/A $1,800 $2,375 $2,385

Frequently Asked Questions - Alafaya Average Rents

What is the average rent price in Alafaya, FL?
The average monthly rental price for Alafaya, FL apartments for rent is approximately $2,350. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 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 Alafaya, FL.
How much is a studio apartment in 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 Alafaya.
How much is a one bedroom apartment in Alafaya, FL?
The average monthly rental price for one bedroom apartments is $1,588 and an average price per square feet of $2.15. There are a total of 8 one bedroom apartment listings currently available for rent in Alafaya.
How much is a two bedroom apartment in Alafaya, FL?
The average monthly rental price for two bedroom apartments is $2,002 and an average price per square feet of $1.68. There are a total of 18 two bedroom apartment listings currently available for rent in Alafaya.
How have rent prices in Alafaya, FL changed this year?
Rent prices for rentals in Alafaya, FL can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by -0.10%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Alafaya, FL?
A reasonable rent price in Alafaya, FL is around $1,880/month. You can search for these reasonably priced rental listings on RentHop.
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