Rental numbers for the Gainesville, FL metro
The typical home here runs -$924 a month at 7.78% with 25% down, breaking even at about 0.8%. 0 of 8 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.0%.
- Gross yield
- 6.5%
- typical home, Zillow
- Median ZIP yield
- 7.0%
- 8 ZIPs with full data
- Cash flow
- -$924/mo
- at 7.78%, 25% down
- Typical price
- $302,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,643/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
27 with published figures
| 32641Gainesville | $180,000 | $1,430* | 9.5% | 4.6% | -$276 | n/a |
| 32615Alachua | $329,000 | $2,292 | 8.4% | 4.4% | -$571 | n/a |
| 32609Gainesville | $220,000 | $1,490 | 8.1% | 3.7% | -$507 | +0.6% |
| 32669Newberry | $353,000 | $2,250 | 7.6% | 3.8% | -$800 | +1.7% |
| 32694Waldo | $230,000 | $1,430* | 7.5% | 3.4% | -$590 | n/a |
| 32605Gainesville | $302,000 | $1,840 | 7.3% | 3.4% | -$786 | +3.0% |
| 32601Gainesville | $262,000 | $1,437 | 6.6% | 2.5% | -$858 | +6.2% |
| 32008Branford | $271,000 | $1,430* | 6.3% | 2.6% | -$865 | n/a |
| 32607Gainesville | $288,000 | $1,503 | 6.3% | 2.3% | -$993 | +0.6% |
| 32606Gainesville | $341,000 | $1,735 | 6.1% | 2.3% | -$1,176 | +2.3% |
| 32622Lake Butler | $281,000 | $1,430* | 6.1% | 2.5% | -$919 | n/a |
| 32693Trenton | $286,000 | $1,430* | 6.0% | 2.5% | -$953 | n/a |
| 32696Williston | $291,000 | $1,430* | 5.9% | 2.5% | -$974 | n/a |
| 32619Bell | $295,000 | $1,430* | 5.8% | 2.3% | -$1,023 | n/a |
| 32608Gainesville | $334,000 | $1,608 | 5.8% | 2.0% | -$1,252 | +1.0% |
| 32643High Springs | $329,000 | $1,560* | 5.7% | 2.1% | -$1,209 | n/a |
| 32618Archer | $316,000 | $1,430* | 5.4% | 1.9% | -$1,194 | n/a |
| 32653Gainesville | $324,000 | $1,430* | 5.3% | 1.6% | -$1,308 | n/a |
| 34498Yankeetown | $276,000 | $1,210* | 5.3% | 1.6% | -$1,126 | n/a |
| 34449Inglis | $252,000 | $1,080* | 5.1% | 1.5% | -$1,050 | n/a |
| 32667Micanopy | $352,000 | $1,430* | 4.9% | 1.6% | -$1,439 | n/a |
| 32621Bronson | $246,000 | $970* | 4.7% | 1.1% | -$1,094 | n/a |
| 32631Earleton | $371,000 | $1,440* | 4.7% | 1.0% | -$1,700 | n/a |
| 32626Cedar Key | $280,000 | $1,000* | 4.3% | 0.9% | -$1,312 | n/a |
| 32603Gainesville | $419,000 | $1,430* | 4.1% | 1.0% | -$1,915 | n/a |
| 32625Cedar Key | $318,000 | $1,080* | 4.1% | 0.9% | -$1,472 | n/a |
| 32668Morriston | $462,000 | $1,200* | 3.1% | 0.3% | -$2,359 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -1.0%
- Rent, 12 months
- +1.8%
- Rent minus price growth
- +2.8 pts
- Property tax
- 0.80%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $254,644 | $1,313 |
| Aug 2022 | $296,420 | $1,503 |
| Aug 2023 | $305,431 | $1,561 |
| Aug 2024 | $312,895 | $1,577 |
| Aug 2025 | $305,556 | $1,614 |
| Aug 2026 | $302,455 | $1,643 |
Counties
- Lafayette County, FLn/a median yield
- Alachua County, FL7.0% median yield
- Gilchrist County, FLn/a median yield
- Levy County, FLn/a median yield
- Bradford County, FLn/a median yield
Tools
Questions
- Is the Gainesville, FL metro good for rental property?
- The typical home here runs -$924 a month at 7.78% with 25% down, breaking even at about 0.8%. 0 of 8 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 7.0%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Gainesville, FL metro have the highest rental yield?
- 32615 (Alachua) at 8.4%, 32609 (Gainesville) at 8.1%, 32669 (Newberry) at 7.6%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.