Apartments in Downtown Gainesville

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Downtown

A Gainesville Neighborhood

Summary

Downtown Gainesville is located right at the intersection of Main Street and University Avenue. If you want to live in an area with a more urban vibe, then this neighborhood has your name written all over it! With a healthy mix of UF students, young professionals, and life-long locals, this area is the ultimate example of where the University life meets the native culture of Gainesville. When people want to go out on the weekend, they usually head downtown. This area is thick with local businesses, from restaurants and bars to boutiques and co-op grocery stores. The Bo Diddley Downtown Community Plaza is a must-visit for the weekly farmer’s market and live music. The artistically inclined can revel in Downtown’s many attractions, including the Hippodrome Theatre, art studios, indie galleries, and hole-in-the-wall music venues. This neighborhood is also the home of many tech startups, making it a center for work as well as play. In addition, there are many modern apartments and condos up for rent in this area, as well as some older homes with boatloads of character. Everything is located close together, making the neighborhood extremely walkable. In fact, owning a car here is unnecessary if you’re attending UF. Not only are parking spots few and far between, but you also have easy access to the University by walking or riding a bike right down University Avenue. There is also the nearby RTS bus station at your disposal.

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$678
Studio
$763
1 Bedroom
$1,119
2 Bedrooms
$1,652
3 Bedrooms
$1,827
4 Bedrooms
$1,303
5+ Bedrooms
Get your search on...

Gainesville:
October Rent Report

Welcome to the October 2020 Gainesville Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the October 2020 key findings and figures for the Gainesville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Gainesville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Gainesville rent prices in the chart below.

Monthly Rent Report

Gainesville Rent Prices Increase From September to October

Gainesville rent prices increased over the last month. From September to October, the city experienced a 0.63% increase for the price of a one-bedroom apartment. The rent price for a Gainesville one-bedroom apartments currently stands at $963.0.

When we take a look at the two-bedroom comparison from September to October, Gainesville experienced a -1.91% decrease for the price of a two-bedroom apartment. The rent price for a Gainesville two-bedroom apartments currently stands at $1,129.0.

October Prices: Gainesville vs. Surrounding Areas

Rent Prices in Gainesville and Surrounding Areas

Rent prices have increased in Gainesville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Gainesville suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Gainesville suburbs

  • Rent decreased in Newberry, FL.

  • 1 suburb is currently priced higher than the city of Gainesville.

October 2020 Pricing Trends: Gainesville vs. National Comparisons

Gainesville Rent Prices More Affordable Than Major Cities

Rent growth in Gainesville over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Gainesville rent prices appear to be relatively affordable for local residents.

The price for a Gainesville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's October 2020 National Apartment Report and data set here.

For more information about Gainesville and surrounding area rent prices, take a look at the complete data set below.

Data set for Gainesville and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
Gainesville, FL $957.0 0.74% $1,151.0 -3.84%
Newberry, FL $1,577.0 -0.51% $1,904.0 -0.05%

Methodology

Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.