Zumper
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Updated 23 Minutes Ago

Location

Nw 40th Avenue Rd, Ocala, FL 34482, USA
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Contact

Management

Desimone Real Estate Services

Leasing office

(352) 622-3222

Property Overview

Palm Lake Apartments offers a strong overall rental experience with a 7.3 Zumper Expert Rating, supported by standout amenities, a highly rated location, and a solid level of trustworthiness. It is beautifully renovated, and nearby top-rated elementary and middle schools are both a little over 2 miles away.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.3
Very Good
Palm Lake Apartments is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Middle school nearby
  • Elementary school nearby

Floor plans

2 bedroom/1 bath RENOVATED2 bed1 bath1,050 sqft$1,050 /mo1 unit available>>Open for Viewing Monday through Friday from 10 am to 5 pm Saturday and Sunday from 11 am to 4 pm.

Let's explore this property.

Amenities for Palm Lake Apartments

Appliances

DishwasherRange, Refrigerator & Dishwasher
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units40

About Palm Lake Apartments

HomeApartments in Ocala Palm Lake Apartments

>>Open for Viewing Monday through Friday from 10 am to 5 pm Saturday and Sunday from 11 am to 4 pm.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.3
/10
Very Good
Palm Lake Apartments is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Palm Lake Apartments
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Palm Lake Apartments is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Palm Lake Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including range, refrigerator & dishwasher. Renters looking for popular or luxurious features will find them here—and for that reason, Palm Lake Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Palm Lake Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Palm Lake Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Palm Lake Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Palm Lake Apartments compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 2.2 miles away
Elementary school nearby
There is an elementary school 2.3 miles away

Considerations

Lacks images
Fewer than 5 photos available for this property

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Rent trends in Ocala

2-bedroom apartments at Palm Lake Apartments cost about 22% less than the average rent price for 2-bedroom apartments in Ocala.

Median rents as of Sep 19 2026.
Ocala
A table of studio rental data trends in Ocala
MonthMedian Rent
November 2024$1,049
December 2024$950
January 2025$1,099
February 2025$1,099
March 2025$1,181
April 2025$1,192
May 2025$1,249
June 2025$1,254
July 2025$1,037
August 2025$1,556
September 2025$1,124
October 2025$985
November 2025$1,080
December 2025$1,342
January 2026$1,323
February 2026$1,331
March 2026$1,349
April 2026$1,342
May 2026$1,356
June 2026$1,200
July 2026$1,174
August 2026$1,259
September 2026$1,157

Affordability calculator

Can I afford to live at Nw 40th Avenue Rd?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$42,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 2-bedrooms monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.

Schools near Palm Lake Apartments

College Park Elementary School

1330 sw 33rd ave

ocala, FL, 34474

PK, K-5Public
B-

Early Learning Center Pk Ese Services

512 se 3rd st

ocala, FL, 34471

PKPublic

Marion Technical Institute

1614 e fort king st

ocala, FL, 34471

PK, 8-12Public
C+

New Leaf Center

1601 ne 25th ave ste 602

ocala, FL, 34470

K-12Public
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Getting around Ocala near Nw 40th Avenue Rd

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for Nw 40th Avenue Rd, Ocala

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

2/10
Few or no shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

0/10
No elementary schools within a 30-minute walk

High schools

2/10
No high schools within a 30-minute walk

Nightlife

0/10
Few or no bars within walking distance

Explore the area around Nw 40th Avenue Rd

Publix
2765 NW 49th Ave
Winn-Dixie
3435 N Pine Ave
Key Food
1929 SW College Rd
The Juniper General Store
6998 N US Highway 27
Affordable Aluminum Specialists
2131 N Magnolia Ave

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