ZIP Code · FL

ZIP 34481

Part of Ocala, FL
Pop. 26,782·Marion County·465th most expensive ZIP in Florida
Median rent (all units)
$1,848/mo
Year-over-Year
-1.8%
Month-over-Month
-1.3%
vs US Median
-$84
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 34481 · $1,848
More expensive than 52% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,150
1 BR
$1,200
2 BR
$1,400
3 BR
$1,810
4 BR+
$1,940
Research median
$1,400/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Florida

Rent in ZIP 34481 changed -1.8% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($57,324) is $1,433 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,400); a 3-bedroom is $1,810.

Rank in Ocala

9th cheapest of 11 ZIP codes in Ocala.

Cheaper nearby

ZIP 34474, 6 miles away, rents for 17% less ($1,538/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 34481. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,176/yr
At $1,848/mo median
Location
CityOcala
StateFL
CountyMarion County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.8% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.8% YoY, -1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 34481 (Ocala, FL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 31% of residents hold a bachelor's degree or higher.

Population
26,782
Median income
$57,324
Median age
68.5
Renters
9.8%
Age distribution
16%
62%
Under 185.7%
18–346.3%
35–549.9%
55–6416%
65+62%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
81.2%
White81.2%
Black6.9%
Hispanic11.3%
Asian1%
Education (25+)
28.3%
34%
31%
No HS diploma6.6%
HS diploma28.3%
Some college34%
Bachelor's+31%
Housing tenure
90.2%
Owner90.2%
Renter9.8%

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

2021 vs 2026

How ZIP 34481 in Ocala, FL has changed in 5 years

Income
$46,325 → $57,324
up 23.7%
Population
22,890 → 26,782
up 17.0%
Renter share
10.4% → 9.8%
-0.6 pts
Bachelor's+
28.2% → 31%
+2.8 pts

Median household income climbed from $46,325 to $57,324 between 2021 and 2024, a 23.7% shift. Census counts show ZIP 34481 in Ocala, FL adding about 3,892 residents over the five-year window, up 17.0% on net. Bachelor's-degree-or-higher attainment moved from 28.2% to 31% across the same window.

Community

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Local insights

Tips for renters in ZIP 34481

About renting in ZIP 34481

Last updated: October 17, 2026

ZIP code 34481 covers Ocala, FL. The median rent here is $1,848/mo as of October 2026. A 1-bedroom rents for a median of $1,200/mo. A 2-bedroom rents for a median of $1,400/mo.

At 39% of local median household income ($57,324/yr), ZIP 34481 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 34481?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,848/mo in ZIP 34481. The local median household income is $57,324/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 34481?

Rent in ZIP 34481 has fallen 1.8% over the past year.

How does ZIP 34481 compare to other ZIPs in Florida?

ZIP 34481 is one of the more affordable among Florida ZIP codes for rent, ranking #465 of 656 at $1,848/mo. Over the year to September 2026, rent in ZIP 34481 changed -1.8%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 34481 compare to the rest of Ocala?

At $1,848/mo, ZIP 34481 is $264 above the Ocala citywide median of $1,584/mo. It is the 9th cheapest of 11 ZIP codes in Ocala.
Income Affordability
39%
MODERATE

At $1,848/mo, rent takes ~39% of ZIP 34481's median household income ($57,324/yr). The standard benchmark is 30%.

ZIP 34481 39%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 34481 (Ocala, FL)

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