Gainesville, FL Downtown

Living here

Cost of living in Gainesville

Housing is cheaper than the US average. Rents, home prices, taxes and how far a paycheck goes.

Median rent

$1,214/mo

10% below US

Median home value

$235,000

23% below US

Median household income

$45,611

42% below US

Rent as share of income

32%

US 21%

Home price to income

5.2×

US 3.9×

Sales tax

7.5%

Rent by number of bedrooms

Studio$1,197a month
1 bedroom$1,241a month
2 bedrooms$1,471a month
3 bedrooms$1,806a month
4 bedrooms$1,933a month

HUD 2027 fair market rents for Gainesville, FL HUD Metro FMR Area (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.

How Gainesville compares

Median monthly rent
Median home value

Taxes

Questions

Is Gainesville expensive to live in?

Housing in Gainesville is cheaper than the national average: median rent is $1,214 (10% below US) and the median home value is $235,000 (23% below US).

How much is rent in Gainesville?

The median gross rent is $1,214 a month. HUD’s 2027 fair market rents for the area are studio $1,197, 1 bedroom $1,241, 2 bedrooms $1,471, 3 bedrooms $1,806, 4 bedrooms $1,933.

How much of their income do renters spend in Gainesville?

At the median, a year’s rent ($14,568) equals about 32% of the median household income ($45,611); nationally it’s about 21%.

What are taxes like in Gainesville?

Sales tax is 7.5% and property taxes run about 0.96% of home value a year.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; Florida Department of Revenue - Discretionary Sales Surtax Information for Calendar Year 2026 (DR-15DSS, R. 11/25).

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