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
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 Market | 64 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 21.4% |
| Homes Sold | 8 |
| Active Inventory | 56 |
| Price Per Sq Ft | $183 |
Ownership & Stock
| Owner-Occupied | 95.6% |
| Renter-Occupied | 4.4% |
| Homeownership Rate | 95.6% |
| Total Housing Units | 711 |
| Median Year Built | 1999 |
| Rent Burden | 30.0% |
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