ZIP Code · FL

ZIP 32605

Part of Gainesville, FL

Pop. 24,689·Alachua County·460th most expensive ZIP in Florida

Median rent (all units)

$1,856/mo

Year-over-Year

+3.9%

Month-over-Month

+1.1%

vs US Median

-$76

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 32605 · $1,856

More expensive than 53% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,350

1 BR

$1,460

2 BR

$1,750

3 BR

$2,190

4 BR+

$2,320

Research median

$1,750/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in ZIP 32605 usually run 0.5% below trend in February and 0.4% above it in August, about $17 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in ZIP 32605 is at its highest level since Zillow's records here began in October 2020.

Past year vs. the rest of Florida

Rent in ZIP 32605 changed +3.9% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 3 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($86,714) is $2,168 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,750); a 3-bedroom is $2,190.

Rank in Gainesville

6th cheapest of 6 ZIP codes in Gainesville.

Cheaper nearby

ZIP 32607, 4 miles away, rents for 18% less ($1,517/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32605. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$22,272/yr

At $1,856/mo median

Location

CityGainesville

StateFL

CountyAlachua County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 3.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+3.9% YoY, +1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 32605 (Gainesville, FL) is majority owner-occupied, has a large retiree population, 64.6% of residents hold a bachelor's degree or higher.

Population

24,689

Median income

$86,714

Median age

41.5

Renters

22.1%

Age distribution

19%

22.2%

25%

22.9%

Under 1819%

18–3422.2%

35–5425%

55–6410.9%

65+22.9%

Gender

48.8%

51.2%

Male48.8%

Female51.2%

Race & ethnicity

66.9%

12.5%

White66.9%

Black11%

Hispanic12.5%

Asian5.9%

Other3.8%

Education (25+)

23.2%

64.6%

No HS diploma2.2%

HS diploma10%

Some college23.2%

Bachelor's+64.6%

Housing tenure

77.9%

22.1%

Owner77.9%

Renter22.1%

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

2021 vs 2026

How ZIP 32605 in Gainesville, FL has changed in 5 years

Rent

$1,372 → $1,856

up 35.3%

Income

$73,145 → $86,714

up 18.6%

Population

28,058 → 24,689

down 12.0%

Renter share

26.9% → 22.1%

-4.8 pts

Bachelor's+

59.5% → 64.6%

+5.1 pts

Median age

38.5 → 41.5

+3.0 yrs

The median rent in ZIP 32605 in Gainesville, FL stood at $1,372 in 2021 and currently runs about $1,856, reflecting a 35.3% increase over the period. Median household income rose from $73,145 to $86,714 between 2021 and 2024, a 18.6% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 12.0% since 2021, moving from about 28,058 residents to roughly 24,689. Renters now make up 22.1% of households, compared with 26.9% five years ago. College-educated residents now make up 64.6% of adults here, versus 59.5% in 2021. Taken together, the five-year picture in ZIP 32605 in Gainesville, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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About renting in ZIP 32605

Last updated: October 17, 2026

ZIP code 32605 covers Gainesville, FL. The median rent here is $1,856/mo as of October 2026. A 1-bedroom rents for a median of $1,460/mo. A 2-bedroom rents for a median of $1,750/mo.

At 26% of local median household income ($86,714/yr), ZIP 32605 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32605?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,856/mo in ZIP 32605. The local median household income is $86,714/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32605?

Rent in ZIP 32605 has risen 3.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2020.

When is the cheapest time to rent in ZIP 32605?

Asking rents in ZIP 32605 are usually lowest in February, about 0.5% below their yearly trend, and highest in August, about 0.4% above it. At today's median that is a gap of roughly $17 a month. This pattern comes from 6 years of Zillow rent data.

How does ZIP 32605 compare to other ZIPs in Florida?

ZIP 32605 is one of the more affordable among Florida ZIP codes for rent, ranking #460 of 656 at $1,856/mo. Over the year to September 2026, rent in ZIP 32605 changed +3.9%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.