ZIP Code · FL

ZIP 32603

Part of Gainesville, FL

Pop. 7,419·Alachua County·308th most expensive ZIP in Florida

Median rent (all units)

$2,106/mo

Year-over-Year

Stable

Month-over-Month

-6.2%

vs US Median

+$174

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 32603 · $2,106

More expensive than 67% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,060

1 BR

$1,180

2 BR

$1,430

3 BR

$1,820

4 BR+

$1,890

Research median

$1,430/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: June 22, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($13,408) is $335 a month. That is less than HUD's Fair Market Rent for a studio ($1,060).

Cheaper nearby

ZIP 32601, 1 mile away, rents for 32% less ($1,433/mo), about $8,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32603. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$25,272/yr

At $2,106/mo median

Location

CityGainesville

StateFL

CountyAlachua County

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+0.0% YoY, -6.2% MoM), not inventory.

Demographics

Who lives here

ZIP 32603 (Gainesville, FL) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 73.3% of residents hold a bachelor's degree or higher.

Population

7,419

Median income

$13,408

Median age

20.9

Renters

90.3%

Age distribution

84.4%

Under 183.7%

18–3484.4%

35–549.1%

55–641%

65+1.8%

Gender

55.7%

44.3%

Male55.7%

Female44.3%

Race & ethnicity

71.6%

15.3%

White71.6%

Black3.6%

Hispanic15.3%

Asian11.6%

Education (25+)

19.8%

73.3%

No HS diploma3.6%

HS diploma3.2%

Some college19.8%

Bachelor's+73.3%

Housing tenure

90.3%

Owner9.7%

Renter90.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 32603 in Gainesville, FL has changed in 5 years

Income

$18,380 → $13,408

down 27.1%

Population

5,625 → 7,419

up 31.9%

Renter share

89.4% → 90.3%

+0.9 pts

Bachelor's+

69.4% → 73.3%

+3.9 pts

Household income in the area moved from $18,380 to $13,408 across the same window, down 27.1% versus 2021. Headcount in the area went from 5,625 to 7,419 between 2021 and 2024, a 31.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 69.4% to 73.3%.

Community

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Local insights

Tips for renters in ZIP 32603

About renting in ZIP 32603

Last updated: June 22, 2026

ZIP code 32603 covers Gainesville, FL. The median rent here is $2,106/mo as of June 2026. A 1-bedroom rents for a median of $1,180/mo. A 2-bedroom rents for a median of $1,430/mo.

At 188% of local median household income ($13,408/yr), ZIP 32603 ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32603?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,106/mo in ZIP 32603. The local median household income is $13,408/yr, so the typical household falls short of that bar.