1 Day Ago
Location
Nw 40th Avenue Rd, Ocala, FL 34482, USA
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Property Overview
Palm Lake Apartments receives a strong overall rating of 8.5, with highlights including a perfect price rating of 10, reflecting its competitive pricing relative to amenities and location. The property features beautifully renovated units and boasts a 9 out of 10 for both amenities and location, offering residents a high standard of living with convenient access to nearby schools and services. Trustworthiness is rated at 7, indicating transparency in portraying the property and its management.
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.
Things you’ll love
Elementary school nearby- High school nearby
- Middle school nearby
Floor plans
| 1/1 Special | 1 bed | 1 bath | 668 sqft | $895 /mo | 1 unit available | Beautifully Renovated 1 Bedroom, 1 Bath apartment home. >>Open for Viewing Monday through Friday from 10 am to 5 pm |
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Amenities for Palm Lake Apartments
Apartment Amenities
| No Pets Allowed |
Appliances
| Dishwasher | Range, 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
No pets allowed.
Building details
Property details
| Units | 40 |
|---|
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About Palm Lake Apartments
Beautifully Renovated 1 Bedroom, 1 Bath apartment home. >>Open for Viewing Monday through Friday from 10 am to 5 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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Palm Lake Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Palm Lake Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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
- Elementary school nearby
- There is an elementary school 2 miles away
- High school nearby
- There is a high school 3 miles away
- Middle school nearby
- There is a middle school 2 miles away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Ocala
1-bedroom apartments at Palm Lake Apartments cost about 25% less than the average rent price for 1-bedroom apartments in Ocala.
Median rents as of Oct 4 2025.
Ocala
| Month | Median Rent |
|---|---|
| October 2023 | $1,471 |
| November 2023 | $1,715 |
| December 2023 | $2,018 |
| January 2024 | $1,595 |
| February 2024 | $999 |
| March 2024 | $1,226 |
| April 2024 | $1,750 |
| May 2024 | $1,719 |
| June 2024 | $2,849 |
| July 2024 | $1,649 |
| August 2024 | $1,182 |
| September 2024 | $1,267 |
| October 2024 | $1,416 |
| 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 | $1,087 |
Affordability calculator
Can I afford to live at Nw 40th Avenue Rd?
Bedrooms
1 bedroomRent-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
$35,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 1-bedroom monthly rent price of $895.
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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Internet available near Palm Lake Apartments
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
Harveys Supermarket
3435 N Pine Ave
Key Food
1929 SW College Rd
The Juniper General Store
6998 N US Highway 27
Hilltop Food Mart
1931 SW 27th Ave
Family Dollar
2370 NW 45th Ter
Triple Crown Sportswear LLC
2775 NW 49th Ave
Flirty Fashions & Hair LLC
706 NW 56th Ct
Wisteria Boutique
4551 NW 44th Ave
Family Dollar
2826 W Silver Springs Blvd
Dunkin'
4619 NW Blitchton Rd
Starbucks
2555 NW 46th Ter
Dunkin'
3622 W Silver Springs Blvd
Ellianos Coffee
101 SW 60th Ave
Dunkin'
2303 N Pine Ave
Primary Tavern
4043 NW Blitchton Rd
Elevation 89
1770 SW 60th Ave
Carrabba's Italian Grill
2370 SW College Rd
Snowbird's Bar & Grill
134 NW 20th St
Bowlero West Ocala
1818 SW 17th St
The Vitamin Shoppe
2701 SW College Rd
The Vitamin Shoppe
2701 SW College Road 1000 Rd
Magnolia Bakery & Catering Deli
1412 N Magnolia Ave
Rum Bakery Co
3101 SW 34th Ave
Walmart Bakery
2600 SW 19th Avenue Rd
Thunderbird Cafe
3951 NW Blitchton Rd
Darrell's Diner
4409 NW Blitchton Rd
Marco's Pizza
4611 NW Blitchton Rd
O L P-FL1 LLC
4611 NW Blitchton Rd
Dunkin'
4619 NW Blitchton Rd
Oak Tree Village Camp
Silver
NW 35th Ave Rd & FedEx
Silver
SW 33rd Ave. & W Silver Springs Blvd.
Purple
SW 33rd Ave. & W Silver Springs Blvd.
Purple
W Silver Springs Blvd. & NW 30th Ave.
Purple, Silver
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