States › Florida › Altamonte Springs

Is Altamonte Springs, FL expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7993% higher than U.S. average
💵 Families earn per year (2026)$69,099about $5,758/month · 21% lower than U.S. average
🔑 House price$293,00012% lower than U.S. average

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.

Altamonte Springs
$1,799
$2,246

How much do households earn in Altamonte Springs?

Under $25k
11.7%
$25k–50k
29.2%
$50k–100k
38.0%
$100k–150k
12.1%
$150k+
4.9%

Share of households by yearly income. 16.9% of households earn $100,000 or more.

Rent by apartment size in Altamonte Springs

SizeAltamonte SpringsU.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).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
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

🏛️ Property tax$1,806a year · 0.62% of home value · U.S. $3,119
⚡ Electric bill$157a month (typical) · U.S. $156

Life in Altamonte Springs

Commute to work25.7 minU.S.: 26.4 min
College degree38.5%U.S.: 35.7%
Own their home43.2%U.S.: 65.2%
Below poverty line11.9%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Altamonte Springs?

Renting is cheaper right now: about $234 a month less.

Renting
$1,799
Owning
$2,033

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.