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RentData.org Logo Gainesville Fair Market Rent FY 2024 Gainesville, FL HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Gainesville, FL :
$1,053 $1,162 $1,397 $1,832 $1,861
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Gainesville are very high compared to the national average. This FMR area is more expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Gainesville is $1,397 per month.

The previous year, rent for a two-bedroom home was $1,134 per month. This is a 23.19% increase year-over-year.

This FMR rate applies to Lochloosa, FL, Evinston, FL, Island Grove, FL, Earleton, FL, La Crosse, FL, Brooker, FL, Hampton, FL, Waldo, FL, Micanopy, FL, Melrose, FL and other cities within the region. The Metro Code or CBSA code for this region is METRO23540M23540.

Additionally, This Fair Market Rent (FMR) area Gainesville, FL HUD Metro FMR Area spans one county or city in Florida which is listed in the table below. Estimated population of Gainesville, FL HUD Metro FMR Area FMR area is 268,105 people based on latest Census data.

Compared to the rest of Florida, the Gainesville FMR area is more expensive than 62% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Gainesville. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Gainesville

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1137
1-BR 1-Bedroom $ 1256
2-BR 2-Bedroom $ 1509
3-BR 3-Bedroom $ 1979
4-BR 4-Bedroom $ 2010
Change Year:
2022 2023 2024 2025

There is just one county (listed below) within the Gainesville, FL HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Jacksonville and Gainesville.

County / Region Est. Population
Gainesville, FL Metro 268,105
Zip Codes in Gainesville, FL HUD Metro FMR Area

There are 31 unique zip codes in this Fair Market Rent (FMR) area:

32044, 32601, 32603, 32604, 32605, 32606, 32607, 32608, 32609, 32610, 32611, 32612, 32614, 32615, 32618, 32622, 32627, 32631, 32633, 32635, 32640, 32641, 32643, 32653, 32654, 32658, 32662, 32666, 32667, 32669 and 32694

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What's Next?

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