Property Prices in Gainesville, FL, United States

Index Info
Price to Income Ratio: 2.65
Mortgage as Percentage of Income: 24.21%
Loan Affordability Index: 4.13
Price to Rent Ratio - City Centre: 6.31
Price to Rent Ratio - Outside of Centre: 6.01
Gross Rental Yield (City Centre): 15.85%
Gross Rental Yield (Outside of Centre): 16.63%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,464.29 $ 1,200.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,183.33 $ 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,700.00 $ 2,300.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,100.00 $ 1,800.00-2,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 189.33 $ 170.00-200.00
Price per Square Feet to Buy Apartment Outside of Centre 143.33 $ 120.00-180.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,373.89 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.75 6.50-7.00

These data are based on 59 entries in the past 18 months from 10 different contributors.
Last update: November 2023

Sources and References
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