167 Luxury Apartments for rent in Altamonte Springs, FL

Last updated May 24 at 10:04pm UTC
823 GRAND REGENCY POINTE
Altamonte Springs
Altamonte Springs, FL
Updated May 24 at 12:05pm UTC
3 Bedrooms
$1,300
424 CENTER STREET
Hickory Square
Altamonte Springs, FL
Updated May 24 at 3:08am UTC
3 Bedrooms
$1,630
827 CAMARGO WAY
Altamonte Springs
Altamonte Springs, FL
Updated May 23 at 9:24am UTC
2 Bedrooms
$1,250
896 W Timberland Trail
Country Creek
Altamonte Springs, FL
Updated May 23 at 1:56am UTC
4 Bedrooms
$1,850
630 Steamboat Court #173
Weathersfield
Altamonte Springs, FL
Updated May 22 at 8:45pm UTC
3 Bedrooms
$1,300
705 Youngstown Pkwy #353
Weathersfield
Altamonte Springs, FL
Updated May 22 at 8:41pm UTC
3 Bedrooms
$1,350
841 Grand Regency
Altamonte Springs
Altamonte Springs, FL
Updated May 22 at 8:40pm UTC
2 Bedrooms
$1,225
662 Youngstown Pkwy #206
Weathersfield
Altamonte Springs, FL
Updated May 22 at 8:40pm UTC
3 Bedrooms
$1,400
637 Buoy Lane 101
Altamonte Springs
Altamonte Springs, FL
Updated May 22 at 12:31pm UTC
2 Bedrooms
$1,300
2 Perry Ln
Hickory Square
Altamonte Springs, FL
Updated May 21 at 11:11am UTC
3 Bedrooms
$1,895
692 Seabrook Ct. #202
Altamonte Springs
Altamonte Springs, FL
Updated May 22 at 8:39pm UTC
3 Bedrooms
$1,525
Franklin Street
Altamonte Springs
Altamonte Springs, FL
Updated May 23 at 7:31am UTC
3 Bedrooms
$2,045
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May 2018 Altamonte Springs Rent Report

Welcome to the May 2018 Altamonte Springs Rent Report. Altamonte Springs rents remained steady 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

May 2018 Altamonte Springs Rent Report

Welcome to the May 2018 Altamonte Springs Rent Report. Altamonte Springs rents remained steady 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 held steady over the past month

Altamonte Springs rents have remained flat over the past month, however, they are up significantly by 5.1% year-over-year. Currently, median rents in Altamonte Springs stand at $1,030 for a one-bedroom apartment and $1,230 for a two-bedroom. Altamonte Springs' year-over-year rent growth leads the state average of 2.3%, 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.

  • Orlando proper has seen the fastest rent growth in the metro, with a year-over-year increase of 6.8%. The median two-bedroom there costs $1,260, while one-bedrooms go for $1,050.
  • Over the past month, Casselberry is the only city in the metro that has seen rents fall, with a decline of 0.1%. Median two-bedrooms there cost $1,250, while one-bedrooms go for $1,050.
  • Oviedo has the most expensive rents of the largest cities in the Orlando metro, with a two-bedroom median of $1,520; rents increased 0.6% over the past month and 4.7% over the past year.
  • Sanford has the least expensive rents in the Orlando metro, with a two-bedroom median of $1,130; rents increased 4.8% over the past year but remained flat month-over-month.

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 2.3% over the past year. For example, rents have grown by 2.5% in Jacksonville and 0.6% in Miami.
  • Altamonte Springs' median two-bedroom rent of $1,230 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 5.1% rise in Altamonte Springs.
  • While Altamonte Springs' rents rose significantly over the past year, the city of DC 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 $3,060, 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 $1,050 $1,260 0.5% 6.8%
Kissimmee $1,010 $1,220 0.2% 4.2%
Sanford $940 $1,130 0.2% 4.8%
Apopka $960 $1,150 0.5% 0.9%
Altamonte Springs $1,030 $1,230 0.4% 5.1%
Oviedo $1,270 $1,520 0.6% 4.7%
Winter Springs $1,050 $1,260 0.6% 0.3%
Winter Park $1,020 $1,220 0.8% 5.9%
Casselberry $1,050 $1,250 -0.1% 5.6%
Maitland $1,070 $1,280 1.0% 3.6%
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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.