Rent is higher than in 57% of U.S. cities. A typical house costs about 4.2 years of household income. Most households rent (57%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $71,960 a year. That is $35 an hour at a full-time job.
Is rent cheaper than other Florida cities?
Yes. Rent here is cheaper than in most of Florida. It is number 157 of 479 cities from cheapest to most expensive.
How much do households earn in Altamonte Springs?
Share of households by yearly income. 16.9% of households earn $100,000 or more.
Rent by apartment size in Altamonte Springs
| Size | Altamonte Springs | U.S. average |
|---|---|---|
| Studio | $1,533 | $1,338 |
| 1 bedroom | $1,717 | $1,324 |
| 2 bedrooms | $1,876 | $1,509 |
| 3 bedrooms | $2,009 | $1,698 |
| 4 bedrooms | $2,365 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Altamonte Springs overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Altamonte Springs, so the Florida figure is shown.
Taxes and bills in Altamonte Springs
Life in Altamonte Springs
Is it cheaper to rent or buy in Altamonte Springs?
Renting is cheaper right now: about $234 a month less.
Owning assumes a typical $293,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,300 for the down payment.
Frequently asked questions
What is the average rent in Altamonte Springs, FL?
Renting in Altamonte Springs costs a median of about $1,799 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Altamonte Springs?
To keep rent under 30% of income, you need about $71,960 a year, or $35 an hour at a full-time job.
Is Altamonte Springs cheap or expensive?
Altamonte Springs is rated Expensive: rent takes 31.2% of the typical household income of $69,099. It ranks 157th cheapest of 479 Florida cities we track.
How much are property taxes in Altamonte Springs?
The median homeowner in Altamonte Springs pays $1,806 a year in property taxes, about 0.62% of the median home value.
Is Altamonte Springs more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Altamonte Springs?
The median home value in Altamonte Springs is $293,000, about 4.2 times the typical yearly household income.
46,116 people live in Altamonte Springs. Numbers are typical (middle) values.