ZIP 32607
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 32607 usually run 1.2% below trend in December and 1% above it in June, about $33 a month apart at today's median. Based on 11 years of data.
Rent in ZIP 32607 is at its highest level since Zillow's records here began in January 2015.
Rent in ZIP 32607 changed +2.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 32607 rose 51.6% while median household income rose 15.2% ($39,905 to $45,987). Rent outpaced income.
Rent in ZIP 32607 is 52.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($45,987) is $1,150 a month. That is less than HUD's Fair Market Rent for a studio ($1,210).
3rd cheapest of 6 ZIP codes in Gainesville.
From Zillow's monthly rent index (ZORI) for ZIP 32607. 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.
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 32607 in Gainesville, FL has changed in 5 years
Rent in ZIP 32607 in Gainesville, FL has climbed 43.8% since 2021, going from about $1,055 per month to roughly $1,517 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 37.5 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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Tips for renters in ZIP 32607
Last updated: October 17, 2026
ZIP code 32607 covers Gainesville, FL. The median rent here is $1,517/mo as of October 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,560/mo.
At 40% of local median household income ($45,987/yr), ZIP 32607 ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.
Frequently asked questions
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How does ZIP 32607 compare to the rest of Gainesville?
At $1,517/mo, rent takes ~40% of ZIP 32607's median household income ($45,987/yr). The standard benchmark is 30%.
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