Property Prices in Gainesville, FL, United States

Index Info
Price to Income Ratio: 3.35
Mortgage as Percentage of Income: 30.13%
Loan Affordability Index: 3.32
Price to Rent Ratio - City Centre: 6.62
Price to Rent Ratio - Outside of Centre: 8.25
Gross Rental Yield (City Centre): 15.10%
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 2,783.33 $ 2,300.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,012.50 $ 1,800.00-2,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 204.51 $ 200.00-209.03
Price per Square Feet to Buy Apartment Outside of Centre 194.51 $ 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 6.58 6.19-7.00

These data are based on 79 entries in the past 18 months from 17 different contributors.
Last update: April 2024

Sources and References
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