Property Prices in Gainesville, FL, United States

Index Info
Price to Income Ratio: 3.34
Mortgage as Percentage of Income: 29.72%
Loan Affordability Index: 3.36
Price to Rent Ratio - City Centre: 6.89
Price to Rent Ratio - Outside of Centre: 7.57
Gross Rental Yield (City Centre): 14.50%
Gross Rental Yield (Outside of Centre): 13.20%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,581.25 $ 1,200.00-1,800.00
1 Bedroom Apartment Outside of City Centre 1,350.00 $ 1,000.00-1,500.00
3 Bedroom Apartment in City Centre 3,183.33 $ 2,800.00-3,500.00
3 Bedroom Apartment Outside of City Centre 2,442.86 $ 2,000.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 232.75 $ 209.03-300.00
Price per Square Feet to Buy Apartment Outside of Centre 207.75 $ 200.00-210.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,546.33 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.42 6.19-6.80

These data are based on 80 entries from 19 contributors over the past 18 months.
Last update: 6 October 2025

Sources and References
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