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Rainbow Springs, FL
Full City Profile · Florida · Marion County County
2.8
/5.0
C+
Fair
5,226
Population
453/sq mi density
$49,535
Median Income
$32,792 per capita
$264,600
Home Value
$267,833 Zillow
$1,118
Median Rent
51.0% income on rent
71°F
Avg Temperature
314 sunny days/yr
511
Violent Crime/100K
3,348 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$49,535 median income, 0.3% unemployment
B+
Affordability
3.7 / 5.0
$264,600 home value, $1,118/mo rent
F
Safety
1.0 / 5.0
511 violent crimes/100K (34% above avg)
C+
Education
2.8 / 5.0
22.7% bachelor's degree or higher
Housing Overview
Median Home Value
$264,600
6% below
US avg: $281,900
Median Rent
$1,118/mo
4% below
US avg: $1,163/mo
Homeownership Rate
89.2%
36% above US avg (65.4%)
Total Housing Units
2,899
Median year built: 1996
Home Value by Source
Census Median
$264,600
Zillow (ZHVI)
$267,833
Median Sale Price
$335,000
Median List Price
$359,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.2%
Owner-Occupied
10.8%
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
Census median rent:
$1,118/mo
Market Indicators (Redfin)
Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
11
Price Drops
39.1%
of listings with price reduction
Price Per Sq Ft
$195
Active Inventory
92
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
89.2%
Complete Housing Data
Home Values
| Census Median Value | $264,600 |
| Zillow Home Value (ZHVI) | $267,833 |
| Median Sale Price | $335,000 |
| Median List Price | $359,450 |
| Price Per Sq Ft | $195 |
Rent
| Census Median Rent | $1,118 |
| 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 | 46 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 39.1% |
| Homes Sold | 11 |
| Active Inventory | 92 |
| Price Per Sq Ft | $195 |
Ownership & Stock
| Owner-Occupied | 89.2% |
| Renter-Occupied | 10.8% |
| Homeownership Rate | 89.2% |
| Total Housing Units | 2,899 |
| Median Year Built | 1996 |
| Rent Burden | 51.0% |