ZIP Code · FL

ZIP 34480

Part of Ocala, FL

Pop. 23,517·Marion County·605th most expensive ZIP in Florida

Median rent (all units)

$1,524/mo

Year-over-Year

+1.3%

Month-over-Month

+0.5%

vs US Median

-$408

Reported rents

Stable (Monthly)

Be the first to discuss 34480 rents ↓

Most AffordableMost Expensive

ZIP 34480 · $1,524

More affordable than 71% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,110

1 BR

$1,150

2 BR

$1,350

3 BR

$1,740

4 BR+

$1,870

Research median

$1,350/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 34480 is 0.7% below its high of $1,535 in May 2026, at $1,524 as of September 2026.

Past year vs. the rest of Florida

Rent in ZIP 34480 changed +1.3% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($77,557) is $1,939 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,870).

Rank in Ocala

4th cheapest of 11 ZIP codes in Ocala.

From Zillow's monthly rent index (ZORI) for ZIP 34480. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,288/yr

At $1,524/mo median

Location

CityOcala

StateFL

CountyMarion County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.3% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 34480 (Ocala, FL) is majority owner-occupied, 28.8% of residents hold a bachelor's degree or higher.

Population

23,517

Median income

$77,557

Median age

37.4

Renters

23.3%

Age distribution

24.9%

21.9%

24.8%

16.5%

Under 1824.9%

18–3421.9%

35–5424.8%

55–6411.9%

65+16.5%

Gender

48.9%

51.1%

Male48.9%

Female51.1%

Race & ethnicity

72%

14.7%

White72%

Black10.2%

Hispanic14.7%

Asian1.9%

Other1.1%

Education (25+)

31.8%

33.8%

28.8%

No HS diploma5.6%

HS diploma31.8%

Some college33.8%

Bachelor's+28.8%

Housing tenure

76.7%

23.3%

Owner76.7%

Renter23.3%

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

2023 vs 2026

How ZIP 34480 in Ocala, FL has changed in 5 years

Rent

$1,416 → $1,524

up 7.6%

Income

$64,851 → $77,557

up 19.6%

Population

22,352 → 23,517

up 5.2%

Renter share

22.4% → 23.3%

+0.9 pts

Bachelor's+

28.8% → 28.8%

+0.0 pts

Median age

40 → 37.4

-2.6 yrs

The median rent in ZIP 34480 in Ocala, FL stood at $1,416 in 2023 and currently runs about $1,524, reflecting a 7.6% increase over the period. Census figures show median household income at $77,557 today, compared with $64,851 five years earlier. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 5.2% since 2021, moving from about 22,352 residents to roughly 23,517. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

Discussions about ZIP 34480

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 34480

About renting in ZIP 34480

Last updated: October 17, 2026

ZIP code 34480 covers Ocala, FL. The median rent here is $1,524/mo as of October 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,350/mo.

At 24% of local median household income ($77,557/yr), ZIP 34480 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34480?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,524/mo in ZIP 34480. The local median household income is $77,557/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 34480?

Rent in ZIP 34480 has risen 1.3% over the past year as of September 2026. It sits 0.7% below its high of $1,535 in May 2026.

How does ZIP 34480 compare to other ZIPs in Florida?

ZIP 34480 is one of the more affordable among Florida ZIP codes for rent, ranking #605 of 656 at $1,524/mo. Over the year to September 2026, rent in ZIP 34480 changed +1.3%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.