$500 Per Month
- 1 Bed
- 1 Bath
- 1,177 Sq Ft
- Condo for Rent
4000 SW 23rd St Unit 5-207, Gainesville, FL 32608
4000 SW 23rd St Unit 5-207, Gainesville, FL 32608
Frequently Asked Questions
How much does it cost to rent a condo in Gainesville, FL?
The median rent for a condo in Gainesville, FL is $1,700 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Gainesville, FL?
To comfortably afford the median rent in Gainesville, FL, a household needs to earn roughly $78,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,950 per month in Gainesville, FL, renters typically need to show $5,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Gainesville, FL?
In Gainesville, FL, the price-to-rent ratio is 13.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Gainesville, FL are best for renting a condo?
The best neighborhood for renting in Gainesville, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Duckpond, Haile Plantation, Jonesville, Ridgeview and Downtown Gainesville, each with its own character and price range.
