Winter Springs today
| Typical value | Typical rent | Gross yield | |
|---|---|---|---|
| Single family house | $431,000 | $2,530 | 7% |
| Condo or townhome (apartment rent) | $188,000 | $1,840 | 11.8% |
What this means
Winter Springs prices barely moved in the past year (−0.2%), now 4% below the Dec 2024 peak.
A typical house here rents for 7% of its value each year, below the state figure of 8.1%. In this market, rentals are mostly a growth play.
Builders are pulling back: 2 homes permitted so far in 2026, down 60%.
Treat these as area figures and confirm rent with comps. Sources and method: how these figures are built.
Quick facts
| Winter Springs | vs Seminole County | vs Florida | |
|---|---|---|---|
| Population | 39,585 (2025 estimate) | ||
| Growth since 2020 | 3.2% | −1.3 pts | −5.7 pts |
| Median home value | $378,700 | 2% lower | 5% higher |
| Median gross rent | $1,867 | 5% higher | 12% higher |
| Median household income | $92,574 | 8% higher | 24% higher |
| Gross rent yield | 5.92% | +0.4 pts | +0.3 pts |
| Owner occupied homes | 76.1% | +9.9 pts | +8.5 pts |
| Residents 65 and older | 19.5% | +2.9 pts | −1.8 pts |
| Average commute (minutes) | 29 | 9% higher | 4% higher |
| Homes built 2010 or later | 13.2% | +0.9 pts | −1.0 pts |
| Median property tax paid | $2,446 | 6% lower | 10% lower |
Census survey figures are 2020 to 2024 averages; methods.
Living in Winter Springs
Seminole County city northeast of Orlando, settled around 1865 as Tuskawilla, incorporated as North Orlando in 1959 and renamed in 1972.
As an incorporated city, Winter Springs sets its own zoning inside Seminole County.
Known for: Winter Springs Town Center; Cross Seminole Trail
How it has grown: Population has grown every decade since 1960.
Next to the rest of Seminole County, more homes are owner occupied (76.1% vs 66.2%); less of the housing is in apartment and condo buildings (14.7% vs 22.7%); the population is older (19.5% age 65 or older vs 16.6%) and commutes are longer (29 vs 27 minutes).
Among the 150 Florida cities in these guides, Winter Springs ranks 84 for home value, 52 for rent yield and 37 for household income (1 is highest).
If you like the numbers here, also look at Country Club ($378,600, $1,899), Cape Coral ($373,500, $1,858), Miami Gardens ($378,500, $1,787).
Growth and housing
Winter Springs changed 3.2% in population from 2020 to 2025 (county 4.5%, Florida 8.9%).
| 2025 building permits | Winter Springs |
|---|---|
| Single family | 3 |
| 5 or more units | 0 |
| Total units | 7 |
| Per 1,000 residents | 0.2 |
The typical home here was built around 1989. Most housing is single family (68.4%). Households average 2.61 people.
Out of state arrivals: 1.4% of residents a year, versus 2.3% countywide.
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $3,545 a year |
Flood, storms and jobs
The city earned Community Rating System class 6; federal flood policies in its high risk zones cost 20% less. 109 flood claims ($4,773,411) have come from Winter Springs since 2000. The Seminole County guide covers storms, flood claims and employers; 2.8% of county homes are in high risk flood zones.
Buying a home in Winter Springs
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $378,700 |
Homes cost 4.1 times median household income here (Seminole County 4.5, Florida 4.8).
- Conventional: the most common loan in Seminole County.
- FHA: works for the typical $378,700 home here.
- VA: veterans are 8.3% of adults.
Sample FHA payment at $378,700
| Item | Monthly |
|---|---|
| Principal and interest (7.32%, 3.5% down) | $2,554 |
| Property tax (0.65%) | $205 |
| Insurance (county average) | $295 |
| FHA mortgage insurance | $170 |
| Total before HOA or CDD | $3,225 |
| Income needed at a 45% debt ratio | $86,007 a year |
Example, not a quote. Assumptions. Down payment help: Florida Housing.
Investing in Winter Springs
| Rental math at the median | Value |
|---|---|
| Price / rent | $378,700 / $1,867 |
| Estimated net cap rate | 3% to 3.7% |
| DSCR at 25% down | 0.76 |
| Down payment for DSCR 1.0 | 48% down |
| Down payment for DSCR 1.25 | 62% down |
Long term rentals
| Winter Springs | vs Seminole County | |
|---|---|---|
| Renter occupied homes | 23.9% | −9.9 pts |
| Rental vacancy | 6.2% | −1.0 pts |
| Rent as share of renter income | 30.6% | −3.8 pts |
Short term rentals
1.3% of homes are held for seasonal or vacation use (Seminole County 1%).
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 5% |
| State sales tax | 6% plus any county surtax |
Nightly rentals depend on local zoning and the HOA; check both. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 68.4% |
| Buildings with 5+ units | 14.7% |
| Manufactured homes | 2.5% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Observed Rent Index (ZORI), all homes and apartments, smoothed. September 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.