$2,995 Per Month
- 5 Beds
- 3 Baths
- 2,336 Sq Ft
- House for Rent
26 SE Ocale Way, Summerfield, FL 34491
26 SE Ocale Way, Summerfield, FL 34491
Frequently Asked Questions
How much does it cost to rent a single-family home in Summerfield, FL?
The median rent for a single-family home in Summerfield, FL is $1,875 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Summerfield, FL?
To comfortably afford the median rent in Summerfield, FL, a household needs to earn roughly $79,480 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,987 per month in Summerfield, FL, renters typically need to show $5,961 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Summerfield, FL?
In Summerfield, FL, the price-to-rent ratio is 11.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Summerfield, FL are best for renting a single-family home?
The best neighborhood for renting in Summerfield, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Oxford, Village of Polo Ridge, Silver Spring Shores and Northeast Ocala, each with its own character and price range.
