8 Apartments under 800 for rent in Altamonte Springs, FL

Last updated June 20 at 4:09pm UTC
Results within 5 miles of Altamonte Springs, FL
472 Banyon Tree Circle #200
Maitland
Maitland, FL
Updated June 20 at 10:39am UTC
1 Bedroom
$750
2520 Caper Lane #204
Maitland
Maitland, FL
Updated June 20 at 10:38am UTC
1 Bedroom
$785
5461 Oak Cluster Terrace
Orlando
Orlando, FL
Updated April 28 at 1:54am UTC
2 Bedrooms
$725
4914 Pine Cluster Ln
Orlando
Orlando, FL
Updated April 27 at 1:48am UTC
2 Bedrooms
$725
Sanford Court Apartments
3291 S Sanford Ave
Sanford, FL
Updated June 20 at 4:09pm UTC
Studio
$726
1 Bedroom
$880
2 Bedrooms
$1,049
Results within 10 miles of Altamonte Springs, FL
800 N HASTINGS STREET
Orlando
Orlando, FL
Updated June 20 at 2:45pm UTC
1 Bedroom
$700
4259 Inglenook Unit 39G
Orlando
Orlando, FL
Updated April 25 at 9:59am UTC
Studio
$100
2127 Veranda Cir
Pine Hills
Pine Hills, FL
Updated April 13 at 2:05am UTC
2 Bedrooms
$740

June 2018 Altamonte Springs Rent Report

Welcome to the June 2018 Altamonte Springs Rent Report. Altamonte Springs rents increased 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

June 2018 Altamonte Springs Rent Report

Welcome to the June 2018 Altamonte Springs Rent Report. Altamonte Springs rents increased 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 increased significantly over the past month

Altamonte Springs rents have increased 0.4% over the past month, and are up significantly by 4.3% in comparison to the same time last year. Currently, median rents in Altamonte Springs stand at $1,030 for a one-bedroom apartment and $1,240 for a two-bedroom. This is the eighth straight month that the city has seen rent increases after a decline in September of last year. Altamonte Springs' year-over-year rent growth leads the state average of 2.5%, as well as the national average of 1.5%.

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.

  • Winter Park has seen the fastest rent growth in the metro, with a year-over-year increase of 7.3%. The median two-bedroom there costs $1,230, while one-bedrooms go for $1,030.
  • Oviedo has the most expensive rents of the largest cities in the Orlando metro, with a two-bedroom median of $1,540; rents grew 1.0% over the past month and 5.3% over the past year.
  • Sanford has the least expensive rents in the Orlando metro, with a two-bedroom median of $1,130; rents increased 0.2% over the past month and 3.2% over the past year.

Altamonte Springs rents more affordable than many large cities nationwide

As rents have increased significantly in Altamonte Springs, a few 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 increased moderately in other cities across the state, with Florida as a whole logging rent growth of 2.5% over the past year. For example, rents have grown by 2.5% in Jacksonville and 1.2% in Miami.
  • Altamonte Springs' median two-bedroom rent of $1,240 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 4.3% rise in Altamonte Springs.
  • While Altamonte Springs' rents rose significantly over the past year, the city of DC saw a decrease of 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 $3,070, which is nearly 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 $1,060 $1,270 0.6% 6.7%
Kissimmee $1,020 $1,220 0.6% 4.8%
Sanford $950 $1,130 0.2% 3.2%
Apopka $970 $1,160 0.7% 1.6%
Altamonte Springs $1,030 $1,240 0.4% 4.3%
Oviedo $1,280 $1,540 1.0% 5.3%
Winter Springs $1,060 $1,270 1.0% 0.4%
Winter Park $1,030 $1,230 1.2% 7.3%
Casselberry $1,050 $1,260 0.3% 5.0%
Maitland $1,100 $1,320 3.0% 5.8%
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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.