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City · 46,116 residents · Seminole County, Florida

Altamonte Springs , Florida

In Altamonte Springs, a typical home is worth $293,000 and typical rent is $1,740 a month. Compared with all of Seminole County, typical household income is 25% lower, the typical home value is 24% lower, and the share of households that own their home is 23 points lower.

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  • Typical home value

    $293,000

    24% below the county

    18% below Florida

    • Altamonte Springs
    • Seminole
    • Florida

  • Typical rent

    $1,740a month

    2% below the county

    4% above Florida

    • Altamonte Springs
    • Seminole
    • Florida

  • Typical household income

    $64,070a year

    25% below the county

    14% below Florida

    • Altamonte Springs
    • Seminole
    • Florida

  • Households that own their home

    43%

    23 points below the county

    24 points below Florida

    • Altamonte Springs
    • Seminole
    • Florida

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$289,149
1.3% less than 12 months ago
Typical rent
$1,588 a month
about the same as 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Altamonte Springs is in Seminole County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Seminole County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Altamonte Springs apart

What this place has that others do not, from public data, most unusual first.

  1. 43% of households in Altamonte Springs own their home, against 66% in Seminole County.

  2. The typical household income in Altamonte Springs is $64,070, 25% less than in Seminole County as a whole ($85,761).

  3. The typical home in Altamonte Springs is worth $293,000, 24% less than in Seminole County as a whole ($386,900).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Altamonte Springs

What homes there are in Altamonte Springs, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

There are more apartments in Altamonte Springs than in Seminole County: 50% of homes, against 23%.

Year built

Homes in Altamonte Springs are older: the typical year built is 1983; in Seminole County, 1988.

In Altamonte Springs, 25% of homes have 1 bedroom or none (studios); 36% have 3 bedrooms or more, against 67% in Seminole County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,826 a month

Seminole County: $2,020 a month

Without a mortgage

$620 a month

Seminole County: $681 a month

Owners with a mortgage

57%

Seminole County: 66%

The typical cost for an owner with a mortgage in Altamonte Springs is $1,826 a month, less than in Seminole County ($2,020); without one, $620.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Much as in Seminole County, the typical home value in Altamonte Springs rose 59% since 2015–2019.

The typical rent in Altamonte Springs rose 47% over the same time; in Seminole County, it rose 44%.

Housing prices ran ahead of income in Altamonte Springs: typical income rose 21%, against +59% for home values and +47% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureAltamonte SpringsSeminole CountyFloridaUnited States
Rental vacancy 9.4%7.2%7.6%5.5%
Homeowner vacancy Unreliable estimate0.9%1.4%0.9%
More than one person per room 3.4%2.4%3.3%3.4%
People per household 2.192.552.512.53
Drive alone 71%68%70%69%
Carpool 9%7%9%9%
Public transit Unreliable estimate1%1%3%
Walk or bike 2%1%2%3%
Work from home 17%22%16%15%
Other means 2%2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

The rental vacancy rate in Altamonte Springs is 9.4%, higher than in Seminole County (7.2%).

In Altamonte Springs, 3.4% of households live with more than one person per room, against 2.4% in Seminole County.

Fewer people live in each home here: 2.19 on average, against 2.55 in Seminole County.

The car rules in Altamonte Springs: 71% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Altamonte Springs?

A typical home costs more than the typical income allows

We start with a typical home in Altamonte Springs, worth $293,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in Altamonte Springs, which is $64,070 a year. For that payment to be 28% of income, a household would need to earn about $100,800 a year.

The calculator's FHA and conventional loan limits are those of all of Seminole County.

Your numbers

Local data
$

Starts at the typical home value in Altamonte Springs. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,255 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,352

at 7.18% · 30 years

Loan amount
$287,693
Total interest
$413,923
Paid off in
November 2056

Includes $4,948 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,495 a month

  • Tight

    $1,495 to $1,922 a month

  • Hard

    more than $1,922 a month

    Your payment · 44%

Compared with the typical household income in Altamonte Springs ($64,070 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,352
Principal & interest$1,949
Property tax$151
Home insurance$122
FHA mortgage insurance (MIP)$130

You need at least $10,255 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Altamonte Springs and Seminole County

Altamonte Springs is in Seminole County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Altamonte Springs's own numbers

Typical home value
$293,000
Typical monthly rent
$1,740
Typical yearly household income
$64,070
Households that own their home
43%
Effective property tax rate
0.62%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Seminole County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,959
Price change over 5 years (FHFA)
+55%
Homes in a high flood-risk zone
2.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Seminole County.

Everything about Seminole County

Buying

Buying a home in Altamonte Springs

A typical home in Altamonte Springs is worth $293,000: 24% below the county and 18% below Florida. With the typical household income in Altamonte Springs ($64,070 a year), a typical home costs 4.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Altamonte Springs 4.6 years
  • Seminole 4.5 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Seminole County

According to FHFA’s house price index, home prices in Seminole County rose 124% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Seminole County.

Period County Florida U.S.
Last year (2025) +0.0% −0.5% +2.9%
5 years (2020–2025) +55% +60% +47%
10 years (2015–2025) +124% +127% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Altamonte Springs next to Seminole County, Florida and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Altamonte Springs $293,000
  • Seminole $386,900
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Altamonte Springs $1,740
  • Seminole $1,783
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Altamonte Springs $64,070
  • Seminole $85,761
  • Florida $74,568
  • United States $80,734
See the full table
Altamonte Springs next to Seminole County and Florida
Measure Altamonte Springs Seminole County Florida U.S.
Typical home value $293,000 $386,900 $359,000 $332,700
Typical monthly rent $1,740 $1,783 $1,669 $1,413
Typical yearly household income $64,070 $85,761 $74,568 $80,734
Households that own their home 43% 66% 68% 65%
Typical yearly property tax $1,806 $2,599 $2,730 $3,119
Effective property tax rate 0.62% 0.67% 0.76% 0.94%
Renters with high rent for their income 59% 59% 60% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Seminole County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Altamonte Springs

For a typical $293,000 home in Altamonte Springs, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Altamonte Springs's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,352a month

    Least cash to close
    Down payment
    $10,255
    Cash to close
    $19,045
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $130

  • Conventional, 5% down $2,298a month

    Down payment
    $14,650
    Cash to close
    $23,440
    Rate
    7.18%
    Mortgage insurance
    PMI · $139

  • Conventional, 20% down, no PMI $1,861a month

    Down payment
    $58,600
    Cash to close
    $67,390
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,132a month

    Down payment
    $43,950
    Cash to close
    $52,740
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Altamonte Springs and for Seminole County.

Property tax

Effective rate in Altamonte Springs

0.62%of the home’s value each year

$1,806 a year for the typical owner in Altamonte Springs.

  • Altamonte Springs 0.62%
  • Seminole 0.67%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in Seminole County

FEMA does not publish these numbers by city: they are for all of Seminole County.

Homes in the high-risk zone
2.8%
4,324
Of those, with NFIP insurance
47%
County Florida U.S.
Homes in the high-risk zone 2.8% 13% 3.5%
Of those, with NFIP insurance 47% 67% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Altamonte Springs

Typical rent in Altamonte Springs is $1,740 a month: 2% below the county. In Altamonte Springs, 59% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Seminole County, by unit size. To pay the 2-bedroom one ($1,959 a month) without spending more than 30% of your income, you would need to earn $37.67 an hour working full time.

HUD fair market rent for all of Seminole County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,658 $31.88 $66,320
1 bedroom $1,726 $33.19 $69,040
2 bedrooms $1,959 $37.67 $78,360
3 bedrooms $2,445 $47.02 $97,800
4 bedrooms $2,856 $54.92 $114,240

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Altamonte Springs

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Altamonte Springs has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,870 in 32701 to $2,080 in 32714.

1 of the 2 is above the fair market rent for Seminole County ($1,959).

  • 32701 $1,870$2,330
  • 32714 $2,080$2,600

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Altamonte Springs when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Altamonte Springs

HUD lists 3 buildings with rents for lower incomes in Altamonte Springs. These are the largest.

  • Raven Crossings 801 Ravens Cir, Altamonte Springs 32714 248 low-income homes · 1 bd: 56 · 2 bd: 136 · 3 bd: 56 · In service since 1994 · For families
  • North Springs Estates 1193 Merritt St, Altamonte Springs 32701 12 low-income homes · In service since 1994
  • Pointe at Merritt Street 1130 Merritt St, Altamonte Springs 32701 102 homes · In service since 2017 · For families

See all 31 buildings in Seminole County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Altamonte Springs

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Seminole County; 2 say they serve in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Altamonte Springs

No down payment, repair or rent-help program on our list is for Altamonte Springs or Seminole County. The ones below are statewide in Florida: they work in Altamonte Springs the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Altamonte Springs

The HUD-approved agencies closest to the center of Altamonte Springs, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Habitat for Humanity Seminole County Apopka

    251 Maitland Ave Ste 312, Altamonte Springs · 2 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 8 more
    (407) 696-5855

  • H.e.l.p. Community Development Corp.

    63 E Kennedy Blvd, Eatonville · 3 miles away · Spanish

    Also serves in Creole.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (407) 628-4832

  • Nid-Hca Orlando

    5104 N Orange Blossom Trl Ste 203, Orlando · 4 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 4 more
    (888) 869-0422

Every agency in Seminole County All counseling agencies in Florida

Help in Spanish near Altamonte Springs

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Altamonte Springs

HUD’s record names them for Altamonte Springs or Seminole County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Seminole County Housing Authority Public housing and Section 8 vouchers (407) 365-3621

One other authority has an office in Seminole County: see the list Source: HUD

Cities

Other cities in Seminole County

These cities are also in Seminole County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Seminole County Housing in Florida

Nearby cities

The cities closest to Altamonte Springs, with the typical home value.

Neighboring counties

If Seminole County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Altamonte Springs.

All guides
A father smiles as he carries his baby on his shoulders outdoors.

Questions

Housing questions about Altamonte Springs

Short answers with the numbers for Altamonte Springs and all of Seminole County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Altamonte Springs?

The typical home value in Altamonte Springs is $293,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Seminole County it is $386,900.

How much does it cost to rent in Altamonte Springs?

Typical rent in Altamonte Springs is $1,740 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Seminole County is $1,959.

What is the FHA loan limit in Altamonte Springs?

Altamonte Springs uses the FHA limit for all of Seminole County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Altamonte Springs?

The typical homeowner in Altamonte Springs pays $1,806 a year, according to the U.S. Census Bureau. That is 0.62% of the home’s value; in Seminole County, the rate is 0.67%.

Where can I find free help to buy or rent in Altamonte Springs?

There are 2 HUD-approved counseling agencies with an office in Seminole County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).