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Cost of Living in Altamonte Springs, FL

Population 46,116 · Census ACS 2020–2024 5-year estimates

Median rent$1,740
Median home value$293,000
Median household income$64,070

The median rent in Altamonte Springs, FL is $1,740/month, 4% higher than the Florida median and 23% higher than the U.S. median. The median home value is $293,000, 12% lower than the national median. Households earn a median of $64,070 a year, 14% lower than the state median.

Affordability

Rent as a share of median income: 32.6%
Income needed for median rent (30% rule): $69,600/yr
Home price-to-income ratio: 4.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,482/mo

Run your own numbers: mortgage calculator · hourly to salary

Altamonte Springs vs. Florida vs. U.S.

Altamonte SpringsFloridaU.S.
Median rent$1,740$1,669$1,413
Median home value$293,000$359,000$332,700
Median household income$64,070$74,568$80,734
Homeownership rate43.2%67.6%65.2%
Bachelor's degree or higher38.5%34.1%35.7%
Poverty rate11.9%12.6%12.5%
Unemployment rate5.1%4.8%5.2%
Work from home17.0%15.7%15.1%
Median age36.742.638.9

FAQ

What is the average rent in Altamonte Springs, FL?

The median gross rent in Altamonte Springs, FL is $1,740 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Altamonte Springs, FL?

Using the common 30% rule, renting a median-priced home takes about $69,600 a year in gross income.

Is Altamonte Springs, FL expensive to live in?

Rent there is 23% higher than the U.S. median, and the median home costs about 4.6 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Sun City West, AZRent $1,672 · Income $63,685Bell Gardens, CARent $1,694 · Income $62,298Mission Bend, TXRent $1,747 · Income $67,282Perth Amboy, NJRent $1,688 · Income $61,977El Monte, CARent $1,736 · Income $68,030New Brunswick, NJRent $1,814 · Income $65,810

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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