Zumper
modified
3 Days Ago

Location

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

Management

DeSimone Real Estate Services

Leasing office

(352) 820-6225 ext. 2

Property Overview

Palm Lake Apartments offers a beautifully renovated living space, complemented by a favorable Zumper Expert Rating. The property presents various pros that enhance its appeal, contributing to its attractiveness as a rental option. Ideal for those seeking quality living in a well-maintained environment, it stands out with its notable features and amenities.

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

8.5
Very Good
With 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.

Things you’ll love

  • Laundry available on site

Floor plans

1 bedroom/1 bath RENOVATED1 bed1 bath668 sqft$925 /mo1 unit available>>Open for Viewing Monday through Friday from 10 am to 5 pm

Let's explore this property.

Amenities for Palm Lake Apartments

Apartment Amenities

No Pets Allowed

Appliances

Range and Refrigerator
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

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units40
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About Palm Lake Apartments

HomeApartments in Ocala Palm Lake Apartments

>>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 Good
With 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.
How we rated Palm Lake Apartments
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 no pets allowed. 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

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 19% less than the average rent price for 1-bedroom apartments in Ocala.

Median rents as of Dec 27 2025.
Ocala
A table of studio rental data trends in Ocala
MonthMedian Rent
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$985
November 2025$1,080
December 2025$1,342

Affordability calculator

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

Bedrooms

1 bedroom

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

$37,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
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

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