ZIP Code · FL

ZIP 34432

Pop. 13,587·Marion County·216th most expensive ZIP in Florida
Median rent (all units)
$2,295/mo
Year-over-Year
Stable
Month-over-Month
-1.2%
vs US Median
+$363
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 34432 · $2,295
More expensive than 74% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$990
1 BR
$1,030
2 BR
$1,210
3 BR
$1,560
4 BR+
$1,680
Research median
$1,210/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($50,446) is $1,261 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,210); a 3-bedroom is $1,560.

Cheaper nearby

ZIP 34481, 5 miles away, rents for 19% less ($1,848/mo), about $5,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 34432. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$27,540/yr
At $2,295/mo median
Location
StateFL
CountyMarion County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.2% MoM), not inventory.
Demographics

Who lives here

ZIP 34432 (Dunnellon, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 19.5% of residents hold a bachelor's degree or higher.

Population
13,587
Median income
$50,446
Median age
55.9
Renters
14.3%
Age distribution
14%
16.3%
17.7%
15.7%
36.2%
Under 1814%
18–3416.3%
35–5417.7%
55–6415.7%
65+36.2%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
80.4%
19.6%
White80.4%
Black2.2%
Hispanic19.6%
Asian0.8%
Education (25+)
37.7%
31.8%
19.5%
No HS diploma11.1%
HS diploma37.7%
Some college31.8%
Bachelor's+19.5%
Housing tenure
85.7%
14.3%
Owner85.7%
Renter14.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 34432 in Dunnellon, FL has changed in 5 years

Income
$43,884 → $50,446
up 15.0%
Population
12,657 → 13,587
up 7.3%
Renter share
14.3% → 14.3%
+0.0 pts
Bachelor's+
20.4% → 19.5%
-0.9 pts
Median age
58.5 → 55.9
-2.6 yrs

Local incomes tracked alongside that move, going from a median of $43,884 in 2021 to $50,446 more recently. The population has grown by 7.3% since 2021, moving from about 12,657 residents to roughly 13,587.

Community

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Local insights

Tips for renters in ZIP 34432

About renting in ZIP 34432

Last updated: June 22, 2026

ZIP code 34432 covers Dunnellon, FL. The median rent here is $2,295/mo as of June 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,210/mo.

At 55% of local median household income ($50,446/yr), ZIP 34432 ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34432?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (about $44/hour full-time) to afford the median rent of $2,295/mo in ZIP 34432. The local median household income is $50,446/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34432?

Rent in ZIP 34432 has been roughly flat over the past year, a 0.0% change.

How does ZIP 34432 compare to other ZIPs in Florida?

ZIP 34432 is one of the pricier among Florida ZIP codes for rent, ranking #216 of 669 at $2,295/mo.

How does ZIP 34432 compare to the rest of Dunnellon?

At $2,295/mo, ZIP 34432 is $514 above the Dunnellon citywide median of $1,781/mo.
Income Affordability
55%
EXPENSIVE

At $2,295/mo, rent takes ~55% of ZIP 34432's median household income ($50,446/yr). The standard benchmark is 30%.

ZIP 34432 55%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 34432 (Dunnellon, FL)

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