How much do homeowners pay a month in Rainbow Springs, FL?

Homeowners with a mortgage in Rainbow Springs, FL pay a median of $1,394 (±$143) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $580 (±$82).

44.3% of owned homes carry a mortgage.

Figures last updated on .

With a mortgage
$1,394 (±$143)
Without a mortgage
$580 (±$82)
Owned with a mortgage
44.3%

Monthly owner costs in Rainbow Springs

Median selected monthly owner costs, estimate (90% margin of error)
Rainbow SpringsMarion CountyFloridaUnited States
With a mortgage$1,394 (±$143)$1,406 (±$26)$1,959 (±$5)$1,963
Without a mortgage$580 (±$82)$499 (±$12)$673 (±$3)$638
Owned homes with a mortgage44.3% (±7.9 points)48.7% (±1.2 points)56.3% (±0.2 points)60.6%
Median real estate taxes (a year)$2,210 (±$261)$1,806 (±$43)$2,730 (±$10)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Rainbow Springs, the median cost with a mortgage is not measurably different from Marion County ($1,406).

It is also lower than in Florida ($1,959).

It is lower than the national figure ($1,963).

In Marion County, Rainbow Springs ranks 7 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 672 of 830.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median monthly cost with a mortgage in places near Rainbow Springs

Nearest places with a published estimate, compared with Rainbow Springs
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Rainbow Springs—$1,394 (±$143)—
Dunnellon2.8 mi$1,550 (±$267)Not measurably different
Rainbow Lakes Estates6.0 mi$1,388 (±$271)Not measurably different
Rainbow Park6.7 mi$1,276 (±$215)Not measurably different
Citrus Springs7.3 mi$1,273 (±$84)Not measurably different
On Top of the World9.4 mi$1,513 (±$157)Not measurably different
Hernando10 mi$1,333 (±$167)Not measurably different
Ocala Estates11 mi$1,132 (±$191)Lower
Pine Ridge (Citrus County)12 mi$1,743 (±$155)Higher

Nearby places with a measurably lower figure: Ocala Estates, FL ($1,132).

Nearby places with a measurably higher figure: Pine Ridge (Citrus County), FL ($1,743).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Marion County, place by place

RankPlaceMedian monthly cost with a mortgage
1Ocala$1,598 (±$80)
2Dunnellon$1,550 (±$267)
3McIntosh$1,537 (±$148)
4On Top of the World$1,513 (±$157)
5Liberty Triangle$1,504 (±$75)
6Belleview$1,488 (±$298)
7Rainbow Springs$1,394 (±$143)
8Rainbow Lakes Estates$1,388 (±$271)
9Silver Springs Shores East$1,335 (±$136)
10Marion Oaks$1,326 (±$86)
11Rainbow Park$1,276 (±$215)
12Silver Springs Shores$1,208 (±$62)
13Ocala Estates$1,132 (±$191)

Showing 13 of 16 places in Marion County, ranked from highest to lowest.

Rainbow Springs is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Rainbow Springs

What is the average mortgage payment in Rainbow Springs?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Rainbow Springs, FL is $1,394 (±$143) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Rainbow Springs?

Owners without a mortgage in Rainbow Springs pay a median of $580 (±$82) a month in taxes, insurance, utilities and fees.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Rainbow Springs CDP, Florida (place:59470, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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