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98 Cheap Apartments for rent in Altamonte Springs, FL

Last updated November 20 at 3:47pm UTC
Promenade at Uptown
375 Palm Springs Dr
Altamonte Springs, FL
Updated November 20 at 1:22pm UTC
Studio
$942
1 Bedroom
$967
2 Bedrooms
$1,160
Oaks of Spring Valley
497 Spanish Trace Dr
Altamonte Springs, FL
Updated August 31 at 12:30am UTC
1 Bedroom
$955
2 Bedrooms
$1,145
Charter Pointe
919 Ballard St
Altamonte Springs, FL
Updated August 18 at 12:01am UTC
Studio
$780
1 Bedroom
$910
2 Bedrooms
$1,000
826 CAMARGO WAY
Altamonte Springs
Altamonte Springs, FL
Updated November 20 at 2:19pm UTC
1 Bedroom
$925
221 SHARON DRIVE
Altamonte Springs
Altamonte Springs, FL
Updated November 20 at 2:19pm UTC
1 Bedroom
$850
200 Maitland Avenue #57
Altamonte Springs
Altamonte Springs, FL
Updated November 20 at 10:32am UTC
1 Bedroom
$1,000
405 Wymore Rd, # 200
Altamonte Springs
Altamonte Springs, FL
Updated November 20 at 10:31am UTC
1 Bedroom
$895
827 Camargo Way
Altamonte Springs
Altamonte Springs, FL
Updated November 20 at 3:47pm UTC
1 Bedroom
$899
510 Cranes Way Unit #303
Altamonte Springs
Altamonte Springs, FL
Updated November 15 at 3:12pm UTC
1 Bedroom
$995
405 Wymore Road #101
Altamonte Springs
Altamonte Springs, FL
Updated November 15 at 11:58am UTC
2 Bedrooms
$1,000
200 Maitland Ave, #166
Altamonte Springs
Altamonte Springs, FL
Updated November 15 at 11:55am UTC
1 Bedroom
$950
958 SALT POND PLACE #304
Altamonte Springs
Altamonte Springs, FL
Updated November 15 at 11:51am UTC
2 Bedrooms
$995
822 Grand Regency Pointe
Altamonte Springs
Altamonte Springs, FL
Updated November 11 at 5:50pm UTC
1 Bedroom
$950
465 Forestway Cir
Altamonte Springs
Altamonte Springs, FL
Updated November 9 at 1:37am UTC
1 Bedroom
$899
312 Cherokee Ct
Altamonte Springs
Altamonte Springs, FL
Updated November 8 at 8:43pm UTC
1 Bedroom
$899
395 Wymore Rd
Altamonte Springs
Altamonte Springs, FL
Updated November 4 at 1:39am UTC
1 Bedroom
$850
126 Blue Pointe Way
Altamonte Springs
Altamonte Springs, FL
Updated October 31 at 8:49pm UTC
2 Bedrooms
$995
Results within 1 miles of Altamonte Springs, FL
Park at Rialto II
2174 Sharp Ct
Fern Park, FL
Updated November 20 at 1:59pm UTC
1 Bedroom
$865
2 Bedrooms
$945
7666 Forest City Rd
Lockhart
Orlando, FL
Updated November 19 at 5:37pm UTC
2 Bedrooms
$899
241 Afton Square
Altamonte Springs
Altamonte Springs, FL
Updated November 18 at 9:36am UTC
1 Bedroom
$950

November 2018 Altamonte Springs Rent Report

Welcome to the November 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

November 2018 Altamonte Springs Rent Report

Welcome to the November 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 have increased significantly by 4.9% in comparison to the same time last year. Currently, median rents in Altamonte Springs stand at $1,050 for a one-bedroom apartment and $1,260 for a two-bedroom. The city's rents have been increasing for 13 straight months - the last time rents declined was in September of last year. Altamonte Springs' year-over-year rent growth leads the state average of 1.7%, as well as the national average of 1.1%.

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.

  • Maitland has seen the fastest rent growth in the metro, with a year-over-year increase of 6.2%. The median two-bedroom there costs $1,320, while one-bedrooms go for $1,110.
  • Over the past month, Orlando proper has seen the biggest rent drop in the metro, with a decline of 0.2%. Median two-bedrooms there cost $1,270, while one-bedrooms go for $1,060.
  • Oviedo has the most expensive rents of the largest cities in the Orlando metro, with a two-bedroom median of $1,540; rents increased 0.5% over the past month and 2.4% over the past year.
  • Sanford has the least expensive rents in the Orlando metro, with a two-bedroom median of $1,140; rents decreased 0.1% over the past month but were up 3.6% 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 slightly in other cities across the state, with Florida as a whole logging rent growth of 1.7% over the past year. For example, rents have grown by 2.7% in Jacksonville and 0.8% in Miami.
  • Altamonte Springs' median two-bedroom rent of $1,260 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 4.9% increase in Altamonte Springs.
  • While Altamonte Springs' rents rose significantly over the past year, the city of Nashville saw a decrease of 0.2%.
  • Renters will find more reasonable prices in Altamonte Springs than most large cities. For example, San Francisco has a median 2BR rent of $3,100, 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 -0.2% 4.4%
Kissimmee $1,020 $1,230 1.1% 3.2%
Sanford $950 $1,140 -0.1% 3.6%
Apopka $980 $1,170 0.4% 1.7%
Altamonte Springs $1,050 $1,260 0.4% 4.9%
Oviedo $1,290 $1,540 0.5% 2.4%
Winter Springs $1,070 $1,280 0.4% 4.4%
Winter Park $1,060 $1,270 0.1% 5.9%
Casselberry $1,050 $1,260 0.6% 4.0%
Maitland $1,110 $1,320 1.6% 6.2%
See more

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.