Gainesville:
June Rent Report

Welcome to the June 2019 Gainesville Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the June 2019 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 Decreased From May to June

Gainesville rent prices decreased over the last month. From May to June, the city experienced a -3.03% decrease for the price of a one-bedroom apartment. The rent price for a Gainesville one-bedroom apartments currently stands at $799.

When we take a look at the two-bedroom comparison from May to June, Gainesville experienced a 0.64% increase for the price of a two-bedroom apartment. The rent price for a Gainesville two-bedroom apartments currently stands at $938.

June Prices: Gainesville vs. Surrounding Areas

Rent Prices in Gainesville and Surrounding Areas

Rent prices have decreased 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, 0 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

  • Rents did not decrease in any of the Gainesville suburbs.

June 2019 Pricing Trends: Gainesville vs. National Comparisons

Gainesville Rent Prices More Affordable Than Major Cities

Rent growth in Gainesville over the past year has been declining. 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 June 2019 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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Gainesville, FL $824 -2.25% $932 -1.48%

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.