Real Estate Investing in Gainesville, Florida (32607)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Alachua County • Population: 31,938 • Data updated: September 2026

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Should you buy in 32607 (Gainesville, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 18.3% of homes vacant — above national norms.

What’s happening in Gainesville, FL (32607)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $290,077
Avg Monthly Rent $1,508
1% Rule ✗ Does Not Meet
Median Income $48,656
% Renters 64.9%

Market Analysis: 32607 Gainesville

The 32607 ZIP in Gainesville, FL is a local-operator market. Outside capital chasing a $290K entry has to pair deep knowledge with the discount.

Distressed markets are won on execution, not on spreadsheets. ZIP 32607 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

The gap between 32607 and stronger Gainesville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Demographically, 32607 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

The right play in 32607 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Gainesville:

C+ Average
Buy Confidence Score: 66/100
Affordability
10/25
Appreciation
18/25
Stability
13/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 6× the median income
Value Trend
Stable (+1.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,508/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Gainesville, FL Metro Area
More inventory, negotiating room for buyers
75 days
Average time to sell
Slow
8.5%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Gainesville, FL metro data
🏠

Property Strategy for 32607

Which property type performs best in this market?

Best for Cash Flow
2BR
6.9% cap rate
Best for Appreciation
5BR
+7.3% 5yr CAGR
Best Overall Value
2BR
$81,961/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $163,923 $1,560 6.9% +6.7% $81,961
3BR $301,327 $1,950 4.7% +6.2% $100,442
4BR $451,017 $2,070 3.3% +6.7% $112,754
5BR $739,175 +7.3% $147,835

Market Trends

Home Value History (with trend line)

$308K$269K$231K$192K$154K$115KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,689$1,504$1,320$1,135$951$767Jul 2016Jul 2021Jul 2026

📊 How Does 32607 Compare?

Metric 32607 Gainesville Gainesville, FL Florida
Home Value $290,077 $149,567 N/A $374,697
5-Year CAGR 3.9% 4.1% N/A 7.4%
Avg Rent $1,508 $1,684 N/A -
Cap Rate 4.1% 4.5% - -
💡 Why Invest in 32607? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

65% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 32607 (Gainesville, FL). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.1%
Fair
5yr Growth
+3.9%
Moderate

📉 Market Crash Risk Index

Based on Gainesville, FL metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
73%
Days Pending
2/2
75 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $290,077
Monthly Rent $1,508
Price-to-Rent 16.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.2%
Cap Rate 4.1%
5-Year IRR 8.0%

📈 Home Appreciation

1-Year +1.3% ▲
3-Year CAGR +0.6% ▲
5-Year CAGR +3.9% ▲
10-Year CAGR +6.3% ▲

🏠 Rent Trends

1-Year -5.7% ▼
3-Year CAGR -0.3% ▼
5-Year CAGR +5.0% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 4.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
18.3%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.9%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 32607

Population: 31,938

💰 Median Household Income
$48,656
This area
$48,656
State
$70,737
USA
$74,580
🏠 Renter Occupied
64.9%
This area
64.9%
State
29.9%
USA
34.0%
💼 Unemployment Rate
2.7%
This area
2.7%
State
-18.0%
USA
3.7%
🎓 College Educated
52.8%
This area
52.8%
State
4.7%
USA
33.7%
👤 Median Age
27.1 years
This area
27.1 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
18.3%
This area
18.3%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 62.9%
Black/African American 19.2%
Other/Mixed 12.9%
Hispanic/Latino 8.8%
Asian 4.9%
👶 Under 18
15.0%
This area
15.0%
USA
22.0%
👴 65 and Over
9.3%
This area
9.3%
USA
17.3%
📊 Poverty Rate
9.4%
This area
9.4%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 32607

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

B Good

HIDDEN OAK ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
📍 2100 FORT CLARKE BLVD, GAINESVILLE
👥
735 Students
👨‍🏫
15.2:1 Class Size
💰
$12,950 Per Student
B Good

MEADOWBROOK ELEMENTARY SCHOOL

📚 K – 05 Elementary
📍 11525 NW 39TH AVE, GAINESVILLE
👥
869 Students
👨‍🏫
15.8:1 Class Size
💰
$12,950 Per Student
C+ Average

FORT CLARKE MIDDLE SCHOOL

📚 06 – 08 Middle
📍 9301 NW 23RD AVE, GAINESVILLE
👥
888 Students
👨‍🏫
19.7:1 Class Size
💰
$12,950 Per Student
C+ Average

SANTA FE COLLEGE HIGH SCHOOL DUAL ENROLLMENT

📚 11 – 12 High School Limited Data
📍 3000 NW 83RD STREET, GAINESVILLE
💰
$12,950 Per Student
D Needs Improvement

F. W. BUCHHOLZ HIGH SCHOOL

📚 06 – 12 High School
📍 5510 NW 27TH AVE, GAINESVILLE
👥
2,444 Students
👨‍🏫
27.1:1 Class Size
💰
$12,950 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 19,749 Off-Campus Students
D
City College-Gainesville
92 students · 0.7 mi
C
Summit Salon Academy-Gainesville
146 students · 0.7 mi
D
Galen Health Institutes-Gainesville
638 students · 1.0 mi
C+
Santa Fe College
12,698 students · 2.6 mi
A
University of Florida
54,814 students · 4.3 mi
C+
University of Florida-Online
5,462 students · 4.8 mi
C
Academy for Five Element Acupuncture
55 students · 5.8 mi
C
Florida School of Massage
32 students · 6.0 mi

Investor Insight: With 19,749 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Gainesville in FL worth investing in?

With a 3.0/5 investability score, Gainesville, FL ranks as a solid market for rental property investors. Median prices of $290K and rents of $1,508/mo drive the underlying numbers.

Is FL a landlord-friendly state?

Gainesville, FL falls under FL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

What do landlords charge for rent in Gainesville, FL?

Rental rates in Gainesville, FL average $1,508/mo. Tenant demand and $290K home values make the yield look reasonable by investor standards.

What is the typical renter like in Gainesville, FL?

Expect a solid tenant pool in Gainesville, FL. The rental market absorbs $1,508/mo rents without meaningful friction.

What is the typical vacancy rate in Gainesville, FL?

Gainesville, FL carries elevated vacancy risk. Expect stable absorption at market rents of $1,508/mo.

You know 32607 now. You don’t know where it ranks.

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How 32607 ranks in Gainesville, FL

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Cash Flow → Appreciation → Affordable →
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