Apopka, Florida Housing Market Prices
Apopka Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 12% below the Florida median$274,443
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Median rent 7% above the Florida median$1,781
Housing Market Overview
| Metric | Apopka | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $274,443 | $311,338 | $248,835 |
| Price Trend (Annual %) | 6.1% | 11.2% | 7.5% |
| Median Gross Rent | $1,781 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 7.2% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Apopka is about 12% lower than in Florida. Rent is about 7% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Apopka, up about 6.1% and 7.2% a year respectively. Rent is changing faster.
Median rent in Apopka rose about 82.3% between 2015 and 2024, from $977 to $1,781. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 3.1 yearly household incomes in Apopka.
Buying the median-priced home in Apopka costs roughly 12.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Apopka. The price-to-rent ratio in Florida is about 15.6.
| Metric | Apopka | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $274,443 | $311,338 | $248,835 |
| Median Household Income | $89,654 | $74,580 | $80,455 |
| Price-to-Income Ratio | 3.1 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Apopka rose about 53.0%, while median household income rose about 44.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Apopka | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.2% | 57.7% | 58.5% |
| Rental Rate | 21.3% | 27.7% | 31.2% |
| Vacancy Rate | 5.5% | 14.6% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Apopka has a homeownership rate of 73.2%, higher than the Florida average of 57.7%. Its housing vacancy rate is 5.5%, compared with 14.6% in Florida.
Housing Stock
| Metric | Apopka | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.03 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1995 | 1988 | 1978 |
| Median Number of Rooms | 6.2 | 5.2 | 5.5 |
The typical housing unit in Apopka was built around 1995. On average, 3.0 people live in a home with about 6.2 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Apopka, Florida.
What is the median home price in Apopka, Florida?
The median home price in Apopka, Florida is $274,443, lower than the Florida average of $311,338.
What is the average home price in Apopka, Florida?
The typical home price in Apopka, Florida, reported as the median sale price, is $274,443. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Apopka, Florida?
The median gross rent in Apopka, Florida is $1,781 per month, higher than the Florida average of $1,668.
What was the median gross rent in Apopka in 2020?
In 2020, the median gross rent in Apopka, Florida was $1,302 per month.
What is the price-to-rent ratio in Apopka, Florida?
The price-to-rent ratio in Apopka, Florida is about 12.8, meaning it would take roughly 12.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Apopka.
Are home prices or rent rising faster in Apopka, Florida?
Both home prices and rent are rising in Apopka, up about 6.1% and 7.2% a year respectively. Rent is changing faster.
What is the homeownership rate in Apopka, Florida?
73.2% of households in Apopka, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Apopka, Florida?
The housing vacancy rate in Apopka, Florida is 5.5%, lower than the Florida average of 14.6%.
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