Location: Ocala, FL | Metro: Ocala, 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 | $1,270 |
| 1 Bedroom | $1,280 |
| 2 Bedrooms | $1,480 |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | $2,040 |
| 5 Bedrooms | $2,366 |
| 6 Bedrooms | $2,650 |
| 7 Bedrooms | $2,862 |
| 8 Bedrooms | $3,005 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,280 | $90,907 | 1.41% | A |
| 2BR | $1,480 | $138,792 | 1.07% | B |
| 3BR | $1,950 | $235,532 | 0.83% | C |
| 4BR | $2,040 | $293,706 | 0.69% | D |
U.S. Census Bureau data (2024)
The ZIP code 34472 in Ocala, FL, presents a dynamic rental market with notable insights into housing pressures and trends. The Fair Market Rent (FMR) for the area stands at $1,350 for fiscal year 2024, while the actual market rent, as indicated by Zillow's ZORI, is higher at $1,660. This suggests that the market rent exceeds the government's benchmark, indicating strong demand among tenants.
The low price-cut share of 0.3% and relatively short days on market (DOM) of 58 days point towards a market where properties are selling quickly without significant price adjustments. This implies that demand is robust, and sellers do not need to reduce prices to attract buyers. Additionally, the median home value of $238,147 reflects a modest cost of living compared to many other regions, which can be attractive for both residents and investors.
The 19.9% renter share provides insight into the long-term housing pressures in the area. With nearly one-fifth of the population renting, there is a consistent need for rental properties, which can support steady cash flows for landlords. However, it also indicates a segment of the population that might struggle to enter the homeownership market, leading to sustained demand for rentals.
In summary, the dynamics of ZIP 34472 suggest a market where demand is likely outpacing supply, particularly in the rental sector. The high market rent relative to FMR, quick sales without price cuts, and a substantial renter share all indicate an environment favorable for landlords and small-portfolio investors seeking stable returns. The modest median home value further supports the idea of a growing market, attracting new residents and potentially increasing rental demand over time.
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.