Location: Homosassa Springs, FL | Metro: Homosassa Springs, FL MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,200 |
| 1 Bedroom | $1,210 |
| 2 Bedrooms | $1,460 |
| 3 Bedrooms | $2,020 |
| 4 Bedrooms | $2,440 |
| 5 Bedrooms | $2,830 |
| 6 Bedrooms | $3,170 |
| 7 Bedrooms | $3,424 |
| 8 Bedrooms | $3,595 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,460 | $242,258 | 0.6% | D |
| 3BR | $2,020 | $268,629 | 0.75% | D |
| 4BR | $2,440 | $283,675 | 0.86% | C |
U.S. Census Bureau data (2024)
15.6% of Dunnellon, FL residents are renters, indicating a moderate demand for rental properties in the area. The $1230 Fair Market Rent (FMR) for zip code 34433 as of fiscal year 2024 provides a benchmark for affordable housing, which is slightly below the $1,260 market rent reported by the Census American Community Survey. This suggests that there is potential for landlords to offer competitive rates while still adhering to government guidelines.
The $272,596 median home value highlights a relatively stable real estate market, but it's important to note that this figure does not directly impact rental investment strategies. Instead, the $58,946 median income offers insight into the financial capacity of the local population, which is crucial for assessing the viability of rental income streams. Given the median income, landlords should be cautious about setting rents too high, as it could deter potential tenants who rely on Section 8 vouchers.
With an N/A-day Days on Market (DOM), it's clear that there isn't enough recent data to provide a precise timeline for how long properties typically remain unsold before they're listed as rental units. However, the 0.2% price-cut share indicates that property values are holding steady, with very few owners needing to reduce their asking prices to attract buyers.
In conclusion, Dunnellon, FL presents a balanced opportunity for Section 8 landlords and small-portfolio investors. The fair market rent is slightly below the market rate, aligning well with the median income levels. This makes the area suitable for those looking to offer affordable housing without significant risk to their investment. The low price-cut share further supports the stability of the local real estate market. For landlords willing to adhere to the $1230 FMR, Dunnellon, FL can be a profitable venture.
Verdict: Suitable for Section 8 landlords with competitive pricing strategies.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.