Average Rent in 32824, Orlando, FL

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Current Versus Historical 32824, Orlando, FL Rents

32824 rentals average $1,125 for a 1-bedroom rental to $2,850 for a 4-bedroom rental. The median price of all currently available listings is $2,500, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $13 (-44.83%) year-over-year from $29 to $16. 1-bedroom rentals prices have decreased by $458 (-28.92%) year-over-year from $1,583 to $1,125. 2-bedroom rentals prices have decreased by $165 (-8.52%) year-over-year from $1,940 to $1,775. 3-bedroom rentals prices have increased by $38 (1.64%) year-over-year from $2,342 to $2,380. 4-bedroom rentals prices have increased by $35 (1.26%) year-over-year from $2,788 to $2,823. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 2.17% this month. 2-bedroom rents have gone down by 2.31% this month. 3-bedroom rents have gone up by 1.13% this month. 4-bedroom rents have gone up by 5.55% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.53 $1,125 $1,583 (-28.92%) $959 (17.26%)
2 BR $1.57 $1,775 $1,940 (-8.52%) $1,500 (18.30%)
3 BR $1.52 $2,380 $2,342 (1.64%) $2,007 (18.60%)
4+ BR $1.30 $2,823 $2,788 (1.26%) $2,467 (14.43%)

Historical Rents in 32824, Orlando, FL

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 32824

There are a total of 12 cities nearby 32824. The average rent in 32824 is currently $2,258 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Altamonte Springs, FL, with an average rent of $1,550, is the most affordable city nearby. In contrast, the most expensive city near 32824, Orlando, FL is Horizon West, FL. Monthly rents here are on average $2,950 per month.

Let's compare 32824, Orlando, FL's rent against other top cities nearby by bedroom size. One bedrooms are about 15.56% more affordable. Two bedrooms in 32824, Orlando, FL are about 0.03% more affordable. Finally, rent for three bedrooms are about 2.15% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near 32824, Orlando, FL in the following chart.
City Studio 1 Bed 2 Bed All
Altamonte Springs, FL N/A $1,250 $1,600 $1,550
Poinciana, FL N/A $1,075 $1,800 $1,900
Orlando, FL $1,300 $1,450 $1,800 $1,995
St. Cloud, FL N/A $1,500 $1,700 $2,250
Kissimmee, FL N/A $1,300 $1,695 $2,265
Meadow Woods, FL N/A $1,125 $1,700 $2,500
Alafaya, FL N/A $1,450 $2,100 $2,500
Four Corners, FL N/A $1,300 $1,900 $2,500
Winter Garden, FL N/A $1,650 $1,950 $2,699
Horizon West, FL N/A $1,700 $2,600 $2,950

Top Neighborhoods Near 32824

There are a total of 3 neighborhoods in or near 32824. Some of these neighborhoods include Florida Center North, Metro West, and Lake Nona. We've included all of these top 3 neighborhoods in or near 32824, Orlando, FL in the following chart.

The average rent for these 3 neighborhoods in or near 32824, Orlando, FL is currently around $1,800 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near 32824, Florida Center North has the most affordable average rent at $1,690 per month. Whereas, at $3,000 average rent per month, Lake Nona is the most expensive neighborhood in or near 32824. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Florida Center North, Orlando, FL N/A $1,300 $1,750 $1,690
Metro West, Orlando, FL N/A $1,300 $1,750 $1,800
Lake Nona, Orlando, FL N/A $1,725 $2,350 $3,000

Top Counties Near 32824

There are a total of 3 counties located by 32824, Orlando, FL. Some of these counties include Casselberry-Altamonte Springs, FL, Orlando, FL, and Kissimmee, FL. The average rent for rentals in these counties is $2,348. That's roughly around $1 per sqft. A total of 10 counties have a lower average rent. The county that is the most affordable is Casselberry-Altamonte Springs, FL. It's average rent per month is $1,750. Vice versa, with an average rent of $2,800, Southwest Orange, FL is the most expensive county by 32824, Orlando, FL.

In comparison, rent for one bedroom listings in 32824, Orlando, FL is 24.67% more affordable than other counties nearby. Finally, rent for two bedrooms in 32824, Orlando, FL is 2.60% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Casselberry-Altamonte Springs, FL N/A $1,250 $1,625 $1,750
Orlando, FL $1,225 $1,400 $1,750 $1,999
Kissimmee, FL N/A $1,403 $1,795 $2,300
Oviedo, FL N/A $1,373 $1,825 $2,300
Winter Garden-Ocoee, FL N/A $1,495 $1,800 $2,348
Union Park, FL N/A $1,425 $1,750 $2,365
St. Cloud, FL $1,250 $1,500 $1,750 $2,397
Apopka, FL N/A $1,250 $1,988 $2,400
East Orange, FL N/A $1,820 $2,150 $2,795
Southwest Orange, FL N/A $1,590 $1,895 $2,800

Top Zipcodes Near 32824

There are a total of 16 zipcodes in or near 32824, Orlando, FL. The average rent for all of these zipcodes is $2,209. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 32714, Forest City, FL at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $2,850 per month is 34787, Winter Garden, FL.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 32824, Orlando, FL is $1,373 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,749 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 32824, Orlando, FL. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
34747, Celebration, FL N/A $1,595 $1,895 $2,500
34787, Winter Garden, FL N/A $1,675 $1,975 $2,850
34741, Kissimmee, FL N/A $1,300 $1,695 $2,200
32822, Orlando, FL N/A $1,300 $1,650 $1,663
32837, Williamsburg, FL N/A $1,475 $1,813 $2,100
34744, St. Cloud, FL N/A $1,500 $1,650 $2,400
32828, Alafaya, FL N/A $1,450 $2,100 $2,400
32819, Doctor Phillips, FL N/A $1,450 $1,850 $2,600
32811, Orlando, FL N/A $1,300 $1,700 $1,713
32839, Orlando, FL $1,050 $1,281 $1,650 $1,600

Frequently Asked Questions - 32824 Average Rents

What is the average rent price in 32824, Orlando, FL?
The average monthly rental price for 32824, Orlando, FL apartments for rent is approximately $2,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 32824, Orlando, FL rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 32824, Orlando, FL.
How much is a studio apartment in 32824, Orlando, FL?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 32824.
How much is a one bedroom apartment in 32824, Orlando, FL?
The average monthly rental price for one bedroom apartments is $1,125 and an average price per square feet of $1.53. There are a total of 2 one bedroom apartment listings currently available for rent in 32824.
How much is a two bedroom apartment in 32824, Orlando, FL?
The average monthly rental price for two bedroom apartments is $1,750 and an average price per square feet of $1.57. There are a total of 8 two bedroom apartment listings currently available for rent in 32824.
How have rent prices in 32824, Orlando, FL changed this year?
Rent prices for rentals in 32824, Orlando, FL can fluctuate yearly. Specifically, studio rental prices have changed by -0.45%, one bedroom rental prices have changed by -0.29%, two bedroom rental prices have changed by -0.09%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in 32824, Orlando, FL?
A reasonable rent price in 32824, Orlando, FL is around $2,000/month. You can search for these reasonably priced rental listings on RentHop.
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