Property Prices in Gainesville, FL, United States

Index Info
Price to Income Ratio: 3.63
Mortgage as Percentage of Income: 32.75%
Loan Affordability Index: 3.05
Price to Rent Ratio - City Centre: 7.51
Price to Rent Ratio - Outside of Centre: 8.25
Gross Rental Yield (City Centre): 13.32%
Gross Rental Yield (Outside of Centre): 12.12%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,505.56 $ 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,200.00 $ 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,900.00 $ 2,400.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,055.56 $ 1,800.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 236.34 $ 200.00-300.00
Price per Square Feet to Buy Apartment Outside of Centre 196.34 $ 180.00-209.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,208.89 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.19-7.00

These data are based on 86 entries in the past 18 months from 18 different contributors.
Last update: April 2024

Sources and References
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