Altamonte Springs, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Altamonte Springs, Florida rental market.
Altamonte Springs, Florida
Average Apartment Rent
$1,634
Y-o-Y Change in Average
Apartment Rent
-1%
As of May 2026
Compared to a year ago, Altamonte Springs, Florida apartments have recorded a -1% rent decrease.
Altamonte Springs, Florida Average apartment rent trend
Altamonte Springs, Florida Average Apartment Rent
Altamonte Springs, Florida Apartment rent ranges
At 48.12%, apartments priced $1,000 - $1,500 represent the bulk of Altamonte Springs, Florida rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.96%.
Altamonte Springs, Florida Housing tenure**
Renters take up 60% of Altamonte Springs, Florida real estate, occupying a total of 12,505 units, while homeowners live in 8,408 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$54,807
Average household size of renter-occupied housing units**
2.1
Rental vacancy rate**
8.1%
Altamonte Springs, Florida Renter-occupied housing units by no. of bedrooms**
There are 5,201 rentals in Altamonte Springs, Florida with 2 beds making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 279 units. Overall, the median number of rooms in Altamonte Springs, Florida homes for rent is 3.7.
Altamonte Springs, Florida Renter-occupied units by age of householder**
Most condos for rent in Altamonte Springs, Florida are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (26%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Altamonte Springs, Florida Renter-occupied housing units by family type**
Altamonte Springs, Florida Renter-occupied housing units by the presence of own children**
A total of 5,824 apartments for rent in Altamonte Springs, Florida, or 47% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 3,319 units. All in all, the median size of a renter-occupied household in Altamonte Springs, Florida is 2.1.
Altamonte Springs, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 39% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Altamonte Springs, Florida.
Altamonte Springs, Florida Renter-occupied units by year structure built**
The highest share of Altamonte Springs, Florida apartment rentals, namely 33% or 4,130 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (25%, 3,070 units), and the ones Built 1990 - 1999 (18%, 2,281 units).
Altamonte Springs, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Altamonte Springs, Florida renters (44%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Altamonte Springs, Florida condos for rent is 2018.
Altamonte Springs, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 56% of Altamonte Springs, Florida renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 9% have No vehicle available.
Altamonte Springs, Florida Means of transportation to work of householders living in renter-occupied housing units**
Altamonte Springs, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Altamonte Springs, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
