89 Cheap Apartments for rent in Winter Park, FL

Last updated September 24 at 7:10AM
301 W Lyman Ave
Winter Park
Winter Park, FL
Updated September 22 at 7:21PM
2 Bedrooms
$950
2617 Eastbrook Blvd
Goldenrod
Winter Park, FL
Updated September 24 at 1:30AM
1 Bedroom
$750
2617 Eastbrook Blvd
Goldenrod
Winter Park, FL
Updated September 22 at 1:35AM
2 Bedrooms
$875
Results within 1 miles of Winter Park, FL
1820 ROGERS AVENUE
Eatonville
Maitland, FL
Updated September 21 at 2:56AM
2 Bedrooms
$850
1158 CALLE DEL NORTE
Casselberry
Casselberry, FL
Updated September 6 at 3:06AM
1 Bedroom
$900
Results within 5 miles of Winter Park, FL
2610 Eastbrook Blvd
Goldenrod
Winter Park, FL
Updated September 22 at 9:28AM
Studio
$700
2610 Eastbrook Blvd
Goldenrod
Winter Park, FL
Updated September 22 at 9:28AM
1 Bedroom
$780
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Rent Report
Winter Park

September 2017 Winter Park Rent Report

Welcome to the September 2017 Winter Park Rent Report. In this report, we'll evaluate trends in the Winter Park rental market, including comparisons to cities throughout the state and nation.

Winter Park rents increase sharply over the past month

Winter Park rents have increased 2.2% over the past month, and are up sharply by 7.1% in comparison to the same time last year. Currently, median rents in Winter Park stand at $990 for a one-bedroom apartment and $1,190 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Winter Park's year-over-year rent growth leads the state average of 3.6%, as well as the national average of 3.0%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Winter Park, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,390; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.4%).
  • Winter Park, Tampa, and St. Petersburg have all experienced year-over-year growth above the state average (7.1%, 5.6%, and 4.6%, respectively).

Winter Park rents more affordable than many large cities nationwide

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

  • Winter Park's median two-bedroom rent of $1,190 is slightly above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 7.1% rise in Winter Park.
  • While Winter Park's rents rose over the past year, some cities nationwide saw decreases, including Houston (-2.4%) and DC (-0.5%).
  • Renters will find more reasonable prices in Winter Park than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than two-and-a-half times the price in Winter Park.

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 $1,010 $1,210 0.7% 6.4%
Kissimmee $990 $1,190 0.5% 5.6%
Sanford $940 $1,120 0.1% 8.9%
Altamonte Springs $1,000 $1,200 0.1% 4.5%
Oviedo $1,270 $1,520 0.7% 2.9%
Winter Springs $1,050 $1,260 -1.4% 1.2%
Winter Park $990 $1,190 2.2% 7.1%
Maitland $1,040 $1,250 0.2% 2.4%
Lake Mary $1,310 $1,570 -1.3% 10.5%

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.