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64 Apartments for rent in Altamonte Springs, FL

Read Guide >
Last updated October 20 at 11:56AM
234 Afton Square
Altamonte Springs
Altamonte Springs, FL
Updated October 19 at 5:44PM UTC
1 Bedroom
$850
184 RIVERBEND DRIVE
Altamonte Springs
Altamonte Springs, FL
Updated October 18 at 10:15AM UTC
1 Bedroom
$875
122 Water Front Way
Altamonte Springs
Altamonte Springs, FL
Updated October 19 at 5:53PM UTC
1 Bedroom
$799
224 AFTON SQUARE
Altamonte Springs
Altamonte Springs, FL
Updated October 12 at 2:13AM UTC
2 Bedrooms
$1,200
552 Olympic Village #104
Spring Oaks
Altamonte Springs, FL
Updated October 19 at 12:47PM UTC
2 Bedrooms
$1,150
151 Waterfall Way
Altamonte Springs
Altamonte Springs, FL
Updated October 20 at 10:08AM UTC
2 Bedrooms
$1,095
832 GRAND REGENCY POINT, #103
Altamonte Springs
Altamonte Springs, FL
Updated September 26 at 3:54AM UTC
1 Bedroom
$895
814 Turnbull Ave
Altamonte Springs
Altamonte Springs, FL
Updated October 20 at 10:14AM UTC
3 Bedrooms
$1,095
413 OAK HILL DRIVE
Altamonte Springs
Altamonte Springs, FL
Updated October 10 at 10:47AM UTC
5 Bedrooms
$2,395
532 ORANGE DRIVE
Altamonte Springs
Altamonte Springs, FL
Updated October 16 at 8:01PM UTC
2 Bedrooms
$1,095
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October 2017 Altamonte Springs Rent Report

Welcome to the October 2017 Altamonte Springs Rent Report. Altamonte Springs rents declined over the past month. In this report, we'll evaluate trends in the Altamonte Springs rental market, including comparisons to cities throughout the metro, state, and nation.

View full Altamonte Springs Rent Report
Rent Report
Altamonte Springs

October 2017 Altamonte Springs Rent Report

Welcome to the October 2017 Altamonte Springs Rent Report. Altamonte Springs rents declined over the past month. In this report, we'll evaluate trends in the Altamonte Springs rental market, including comparisons to cities throughout the metro, state, and nation.

Altamonte Springs rents declined slightly over the past month

Altamonte Springs rents have declined 0.3% over the past month, but are up moderately by 3.4% in comparison to the same time last year. Currently, median rents in Altamonte Springs stand at $1,000 for a one-bedroom apartment and $1,190 for a two-bedroom. Altamonte Springs' year-over-year rent growth lags the state average of 3.5%, but exceeds the national average of 2.8%.

Rents rising across the Orlando Metro

Throughout the past year, rent increases have been occurring not just in the city of Altamonte Springs, but across the entire metro. Of the largest 10 cities that we have data for in the Orlando metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Lake Mary has the most expensive rents in the Orlando metro, with a two-bedroom median of $1,550; the city has also seen rent growth of 8.2% over the past year, the fastest in the metro.
  • Sanford has the least expensive rents in the Orlando metro, with a two-bedroom median of $1,110; rents fell 0.9% over the past month but rose 7.1% over the past year.

Altamonte Springs rents more affordable than many large cities nationwide

As rents have increased moderately in Altamonte Springs, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Altamonte Springs is still more affordable than most large cities across the country.

  • Rents also increased moderately in other cities across the state, with Florida as a whole logging rent growth of 3.5% over the past year. For example, rents have grown by 4.4% in Jacksonville.
  • Altamonte Springs' median two-bedroom rent of $1,190 is slightly above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 3.4% rise in Altamonte Springs.
  • While Altamonte Springs' rents rose moderately over the past year, many cities nationwide saw decreases, including Houston (-1.5%), DC (-0.8%), and New York (-0.1%).
  • Renters will find more reasonable prices in Altamonte Springs than most large cities. For example, San Francisco has a median 2BR rent of $3,080, which is more than two-and-a-half times the price in Altamonte Springs.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Orlando $1,020 $1,220 0.4% 6.6%
Kissimmee $990 $1,190 -0.1% 5.6%
Sanford $930 $1,110 -0.9% 7.1%
Altamonte Springs $1,000 $1,190 -0.3% 3.4%
Oviedo $1,260 $1,510 -0.4% 1.9%
Winter Springs $1,040 $1,250 -0.5% 0.2%
Winter Park $1,000 $1,200 0.8% 7.2%
Casselberry $1,020 $1,230 6.8%
Maitland $1,040 $1,240 -0.4% 1.3%
Lake Mary $1,290 $1,550 -1.8% 8.2%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

City Guide
Altamonte Springs
So you've discovered the little city of Altamonte Springs, one of Central Florida's best-kept secrets, and now you are diligently searching for the perfect place to live. Well, stay with us now, because we are going to break it all down for you, with the insider's guide to Altamonte Springs living and apartment renting.

Altamonte Springs is a small city with a population around 41,500 people, except for during the 4th of July, when the city swells to around 141,500 with all the tourists who come in for the largest Independence Day celebration in Central Florida. A paradise epicenter in its own right, this little city boasts a unique style of affordable resort-style living. Here, you’ll find the small-town, family-oriented vibes of a modern day Andy Griffith Show mixed with the big events, live music, fine eats and endless shopping you would find in a tourist-fueled beach paradise. Altamonte Springs is a place you can raise a family, live like a rock star, or just retire into a pleasant, laidback lake life of fishing and boating, water fountain shows and jazz jams, as well as some comfortable living in luxury condominiums, spacious townhomes, and resort-inspired apartments.

Around here, the most happening place to be is Uptown Altamonte. With tons of shopping, gourmet restaurants, charming cafes, arts, festivals, jazz jams, and other live music, it is a neighborhood where even Debbie Downers and Negative Nancies find themselves getting into the uptown swing. While most of the rentals around here are of the luxury brand, you won’t have to pay a fortune to live here... although you certainly can if you want. Apartments for rent in this Altamonte Springs neighborhood run anywhere from $650 to $1700.

Basically the more you pay, the more space, extravagance, and amenities you’ll get. For example, you could live life in the luxury of the Lofts at Uptown Altamonte for $1120+ and enjoy more sophisticated interior designs in high-rise loft apartments, along with a meditation garden, business center, swimming pool and spa. Or, you could go for a basic apartment, townhome, or studio for rent in the lower end of the price spectrum, while still having the attractions of uptown at your door step. No matter where your rent, though, it’ll be hard to find an apartment without that coastal-resort feel of sparkling swimming pools, spectacular views, and waterfront entertainment.

The rest of the city is broken down into Westmonte, located west of I-4, and Eastmonte, located east of I-4. Although there isn't a whole lot of difference between the two, Westmonte does tend to attract more families due to its more spread-out population density, lower rental rates and quieter atmosphere. Eastmonte is the side where Uptown is located, with the Altamonte Mall, Crane's Roost Park, and the hospital, as well as the location of the future commuter rail (a project that just recently broke ground). Throughout the Eastmonte side of town, you will find rentals in all price ranges with all levels of luxury amenities.

For all you pet owners out there, Altamonte Springs is a city where furry friends are more than welcome. Not only are there lots of places for pets to play, such as parks, lakes, and hiking trails, but there are also lots of apartments that are very pet-friendly, too. Even in the upscale uptown rentals, you’ll find that pets are a welcome part of life (as long as you fork over a $200-$400 pet deposit). There are, however, a few places with breed and weight restrictions, especially in apartment units above the ground floor. Common breeds subjected to restrictions include Pit Bulls, Chow-Chows, Siberian Huskies, Dobermans, Great Danes, and German Shepherds. For big dogs and breeds with bad reputations, you may need to spend a little more time hunting for a perfect rental, with a little more research into duplex and house rentals.

So, that's the swing of things in Altamonte Springs. Good luck and happy hunting!

-By Katy Comal