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ZIP Code · FL

ZIP 32607

Pop. 35,720·Alachua County·625th most expensive ZIP in Florida
Median rent (all units)
$1,508/mo
Year-over-Year
-1.3%
Month-over-Month
-1.9%
vs US Median
-$454
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 32607 · $1,508
More affordable than 73% of US ZIP codes · National median $1,962/mo
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Medians by bedroom

Rent by unit size

Studio
$1,210
1 BR
$1,300
2 BR
$1,560
3 BR
$1,950
4 BR+
$2,070
Research median
$1,560/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: August 17, 2026

Annual cost
$18,096/yr
At $1,508/mo median
Location
StateFL
CountyAlachua County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 1.3% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-1.3% YoY, -1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 32607 (Gainesville, FL) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 53.4% of residents hold a bachelor's degree or higher.

Population
35,720
Median income
$45,987
Median age
26.2
Renters
66%
Age distribution
18.4%
46.8%
19.1%
Under 1818.4%
18–3446.8%
35–5419.1%
55–646.6%
65+9.2%
Gender
45.7%
54.3%
Male45.7%
Female54.3%
Race & ethnicity
54.7%
24%
16.1%
White54.7%
Black24%
Hispanic16.1%
Asian4.7%
Education (25+)
17.1%
25.1%
53.4%
No HS diploma4.4%
HS diploma17.1%
Some college25.1%
Bachelor's+53.4%
Housing tenure
34%
66%
Owner34%
Renter66%

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

2021 vs 2026

How ZIP 32607 in Gainesville, FL has changed in 5 years

Rent
$1,106 → $1,508
up 36.3%
Income
$43,278 → $45,987
up 6.3%
Population
30,445 → 35,720
up 17.3%
Renter share
64.9% → 66%
+1.1 pts
Bachelor's+
50.3% → 53.4%
+3.1 pts

Rent in ZIP 32607 in Gainesville, FL has climbed 36.3% since 2021, going from about $1,106 per month to roughly $1,508 today. Median household income grew from $43,278 to $45,987 between 2021 and 2024, a 6.3% shift. Rent outpaced income growth by roughly 30.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 30,445 to 35,720 between 2021 and 2024, a 17.3% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 50.3% to 53.4%. Taken together, the five-year picture in ZIP 32607 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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Local insights

Tips for renters in ZIP 32607

About renting in ZIP 32607

Last updated: August 17, 2026

ZIP code 32607 covers Gainesville, FL. The median rent here is $1,508/mo as of August 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,560/mo.

At 39% of local median household income ($45,987/yr), ZIP 32607 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 32607?

As of August 17, 2026, the median monthly rent in ZIP 32607 (Gainesville, FL) is $1,508. This is based on aggregated data from public sources and community submissions.

How does ZIP 32607 rent compare to the US average?

ZIP 32607's median rent of $1,508/mo is $454 (23%) below the US national median of $1,962/mo.

How does ZIP 32607 compare to other ZIPs in Florida?

ZIP 32607 is among the more affordable ZIP codes in Florida, ranking #625 out of 661 ZIPs at $1,508/mo.

How much income do you need to rent in ZIP 32607?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,508/mo in ZIP 32607. The local median household income is $45,987/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 32607?

Rent in ZIP 32607 has decreased 1.3% over the past year as of August 17, 2026, offering some relief compared to 12 months ago.

Is ZIP 32607 an affordable place to rent?

ZIP 32607 is considered moderate for renters. At $1,508/mo, rent takes approximately 39% of the local median household income ($45,987/yr). The standard benchmark is 30%. ZIP 32607 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 32607 residents rent vs. own?

According to Census data, approximately 66% of ZIP 32607 households are renters, while 34% are owner-occupied. With a majority renter population, ZIP 32607 has a strong rental market.

How does ZIP 32607 compare to the rest of Gainesville?

ZIP 32607 is more affordable than Gainesville overall. At $1,508/mo, it's $127 below the Gainesville citywide median of $1,635/mo.

When was rent data for ZIP 32607 last updated?

Rent data for ZIP 32607 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
39%
MODERATE

At $1,508/mo, rent takes ~39% of ZIP 32607's median household income ($45,987/yr). The standard benchmark is 30%.

ZIP 32607 39%Benchmark 30%
State income taxNone
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