15 Cheap Apartments for rent in Ocala, FL

Last updated September 26 at 3:12AM
2060 NW 43rd Street
Ocala
Ocala, FL
Updated September 7 at 2:26AM
1 Bedroom
$525
2558 SE 15th Ave
Ocala
Ocala, FL
Updated September 26 at 1:34AM
2 Bedrooms
$750
1990 SE 40th Street
Ocala
Ocala, FL
Updated September 21 at 2:14AM
2 Bedrooms
$695
2431 NE 24th Street
Ocala
Ocala, FL
Updated September 16 at 9:43AM
1 Bedroom
$575
14878 SW 43rd Terrace Road
Ocala
Ocala, FL
Updated September 23 at 2:23AM
2 Bedrooms
$750
1223 PAMELA STREET
Leesburg
Leesburg, FL
Updated September 26 at 2:34AM
2 Bedrooms
$600
Results within 5 miles of Ocala, FL
713 MERRIDALE AVENUE
Leesburg
Leesburg, FL
Updated September 20 at 3:00AM
2 Bedrooms
$700
Results within 20 miles of Ocala, FL
539 Midway Drive
Silver Springs Shores
Ocala, FL
Updated September 21 at 2:12AM
1 Bedroom
$750
5939 SE Holly Road
Belleview
Belleview, FL
Updated September 16 at 9:43AM
2 Bedrooms
$750
1237 E Norvell Bryant Highway
Hernando
Hernando, FL
Updated August 15 at 5:57AM
Studio
$600
4611 E Bow N Arrow Loop
Inverness
Inverness, FL
Updated September 21 at 2:56AM
2 Bedrooms
$750
N Angus Hills Ter
Dunnellon
Dunnellon, FL
Updated September 26 at 3:03AM
2 Bedrooms
$700
McCormack St
Leesburg
Leesburg, FL
Updated September 26 at 3:05AM
2 Bedrooms
$650
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Rent Report
Ocala

September 2017 Ocala Rent Report

Welcome to the September 2017 Ocala Rent Report. In this report, we'll evaluate trends in the Ocala rental market, including comparisons to cities throughout the state and nation.

Ocala rents increase sharply over the past month

Ocala rents have increased 0.7% over the past month, and are up sharply by 6.5% in comparison to the same time last year. Currently, median rents in Ocala stand at $780 for a one-bedroom apartment and $950 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in March. Ocala's year-over-year rent growth leads the state average of 3.6%, as well as the national average of 3.0%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Ocala, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,390; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.4%).
  • Ocala, Orlando, and Tampa have all experienced year-over-year growth above the state average (6.5%, 6.4%, and 5.6%, respectively).

Ocala rents more affordable than many large cities nationwide

As rents have increased in Ocala, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Ocala is still more affordable than most large cities across the country.

  • Ocala's median two-bedroom rent of $950 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 6.5% increase in Ocala.
  • While Ocala's rents rose over the past year, the city of DC saw a decrease of 0.5%.
  • Renters will find more reasonable prices in Ocala than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three times the price in Ocala.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.