Real Estate Investing in Apopka, Florida (32703)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32703 (Apopka, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Apopka, FL (32703)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 32703 Apopka
This part of Orange County is not an easy win. The 32703 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 32703 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 32703 and stronger Apopka ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 32703 ZIP's population of 57,603 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
The right play in 32703 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Apopka:
Property Strategy for 32703
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $134,484 | $1,630 | 8.7% | +6.7% | $134,484 |
| 2BR | $230,869 | $1,860 | 5.8% | +7.8% | $115,435 |
| 3BR | $331,479 | $2,330 | 5.1% | +7.4% | $110,493 |
| 4BR | $436,682 | $2,760 | 4.6% | +7.3% | $109,171 |
| 5BR | $565,810 | — | — | +7.7% | $113,162 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32703 Compare?
| Metric | 32703 | Apopka | Orlando-Kissimmee-Sanford, FL | Florida |
|---|---|---|---|---|
| Home Value | $358,391 | $397,856 | N/A | $374,697 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.4% |
| Avg Rent | $1,904 | $2,120 | N/A | - |
| Cap Rate | 4.1% | 4.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32703 (Apopka, FL). Anonymous, moderated, never written by AI.
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Property managers serving Orange County
Manage rentals here? List your business →All County CFL provides full-service residential property management in Winter Park, FL and surrounding areas, focusing on maximizing revenue and managing tenant relationships for property owners. summary from their website
RentCare Property Management provides reliable, professional, and trusted residential property management services in Orlando since 1993, including marketing, resident screening, rent collection, and summary from their website
Southwest Property Management is a full-service Community Association Management Company serving Central Florida. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $358,391 |
| Monthly Rent | $1,904 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | -7.7% ▼ |
| 3-Year CAGR | -1.6% ▼ |
| 5-Year CAGR | +2.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 32703
Population: 57,603
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 32703
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 18,206 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Apopka, FL?
Rents in Apopka, FL run near $1,904/mo. Compared with median home prices of $358K that produces solid gross yields for typical rentals.
What is the median home value in Apopka, FL?
Expect median prices around $358K in Apopka, FL. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
Do landlords face vacancy issues in Apopka, FL?
Expect elevated vacancy in Apopka, FL. Rents at $1,904/mo are absorbed by the tenant base without meaningful lag.
Does a duplex house hack pencil in Apopka, FL?
The a challenging house-hack environment in Apopka, FL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Should investors consider Apopka, FL?
With a 3.0/5 investability score, Apopka, FL ranks as a solid market for rental property investors. Median prices of $358K and rents of $1,904/mo drive the underlying numbers.
You know 32703 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 32703 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 32703 ranks in Orlando-Kissimmee-Sanford, FL
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