Rents are 3% below what Dunnellon's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,781 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Dunnellon is 4.2% below its high of $1,860 in November 2024, at $1,781 as of September 2026.
Rent in Dunnellon changed +0.2% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($40,545) is $1,014 a month. That is less than HUD's Fair Market Rent for a studio ($1,063).
Inverness, 14 miles away, rents for 11% less ($1,585/mo), about $2,400 a year in savings.
From Zillow's monthly rent index (ZORI) for Dunnellon. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Dunnellon, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 11.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Dunnellon, FL has changed in 5 years
Rent in Dunnellon, FL has increased 8.7% since 2023, going from about $1,639 per month to roughly $1,781 today. On the earnings side, the typical household in Dunnellon, FL now reports about $40,545, up from $34,348 in 2021. Income growth outran rent by about 9.3 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 2,262 to 2,216 between 2021 and 2024, a 2.0% change. About 24.4% of households rent today, against 29% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 20.1% to 11.6%. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Dunnellon, FL reflects that arc in its own way.
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At $1,781/mo, how Dunnellon rent compares to typical pay (30% rule).
Dunnellon rent by bedroom count
Median rent for each apartment size in Dunnellon. Click any size for full breakdown.
Tips for renters in Dunnellon
Last updated: October 17, 2026
The median rent in Dunnellon is $1,781/mo as of October 2026. A studio apartment averages $1,063/mo while a 2-bedroom runs $1,357/mo. One-bedroom apartments average $1,090/mo and 3-bedroom units go for $1,853/mo.
At 53% of local median household income ($40,545/yr), Dunnellon ranks as expensive compared to the national benchmark of 30%. Rents have increased 0.2% over the past year.
Frequently asked questions
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How does Dunnellon rent compare to other cities in Florida?
At $1,781/mo, rent takes ~53% of Dunnellon's median household income ($40,545/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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