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 | $1,440 |
| 1 Bedroom | $1,450 |
| 2 Bedrooms | $1,680 |
| 3 Bedrooms | $2,210 |
| 4 Bedrooms | $2,320 |
| 5 Bedrooms | $2,691 |
| 6 Bedrooms | $3,014 |
| 7 Bedrooms | $3,255 |
| 8 Bedrooms | $3,418 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,680 | $186,726 | 0.9% | C |
| 3BR | $2,210 | $252,639 | 0.87% | C |
| 4BR | $2,320 | $292,470 | 0.79% | D |
U.S. Census Bureau data (2024)
ZIP code 34473, located in Ocala, Florida, stands out in Marion County due to its unique mix of population characteristics and housing values. With a total of 26,813 residents, 21.5% of whom rent their homes, the area has a median income of $72,366 and a median home value of $270,124. These figures suggest a moderately priced residential market where homeownership is prevalent but rental opportunities still exist.
The voucher economics in ZIP 34473 are particularly noteworthy. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $1,480, whereas the market rent, as measured by ZORI (Zillow Rent Index), is $1,777. This indicates that landlords can expect a subsidy gap of approximately $297 per month if they choose to accept Section 8 vouchers. Given the current economic climate, this gap represents a significant financial consideration for landlords and small-portfolio investors.
In terms of stability, the data signature for ZIP 34473 reads as stable. The relatively high median home value and median income suggest a resilient local economy capable of supporting both homeowners and renters. While the subsidy gap exists, it does not appear to be large enough to significantly deter landlords from accepting vouchers. This stability provides a predictable environment for investment, making it a favorable location for those interested in long-term real estate holdings.
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.