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Rainbow Park, FL

Full City Profile · Florida · Marion County County

2.6 /5.0
C+ Fair
2,070 Population 429/sq mi density
$52,685 Median Income $19,540 per capita
$165,400 Home Value $267,833 Zillow
71°F Avg Temperature 314 sunny days/yr
511 Violent Crime/100K 3,348 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$52,685 median income, 6.2% unemployment
A+
Affordability
4.9 / 5.0
$165,400 home value, /mo rent
F
Safety
1.0 / 5.0
511 violent crimes/100K (34% above avg)
C
Education
2.1 / 5.0
13.9% bachelor's degree or higher

Housing Overview

Median Home Value
$165,400
41% below
US avg: $281,900
Homeownership Rate
95.6%
46% above US avg (65.4%)
Total Housing Units
711
Median year built: 1999

Home Value by Source

Census Median
$165,400
Zillow (ZHVI)
$267,833
Median Sale Price
$223,000
Median List Price
$231,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.6%
Owner-Occupied
4.4%
Renter-Occupied
96%
4%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo

Market Indicators (Redfin)

Median Days on Market
64 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$183
Active Inventory
56
homes for sale

Affordability & Housing Stock

Rent Burden
30.0%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1999
Average age of housing stock: 27 years
Homeownership Rate
95.6%

Complete Housing Data

Home Values

Census Median Value$165,400
Zillow Home Value (ZHVI)$267,833
Median Sale Price$223,000
Median List Price$231,999
Price Per Sq Ft$183

Rent

FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market64
Sale-to-List Ratio1.0%
Price Drops21.4%
Homes Sold8
Active Inventory56
Price Per Sq Ft$183

Ownership & Stock

Owner-Occupied95.6%
Renter-Occupied4.4%
Homeownership Rate95.6%
Total Housing Units711
Median Year Built1999
Rent Burden30.0%