$2,400 Per Month
- 2 Beds
- 2 Baths
- 1,137 Sq Ft
- Townhouse for Rent
1440 Michigan Ave, Winter Park, FL 32789
1440 Michigan Ave, Winter Park, FL 32789
Frequently Asked Questions
How much does it cost to rent a townhouse in Winter Park, FL?
The median rent for a townhouse in Winter Park, FL is $2,500 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Winter Park, FL?
To comfortably afford the median rent in Winter Park, FL, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Winter Park, FL, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Winter Park, FL?
In Winter Park, FL, the price-to-rent ratio is 18.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Winter Park, FL are best for renting a townhouse?
The best neighborhood for renting in Winter Park, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Colonialtown North, College Park, Lake Howell, Colonialtown South and North Quarter, each with its own character and price range.
