The Most Affordable Neighborhoods in University Park-Gainsville, Gainesville, FL by Home Value

 

University Park-Gainsville, Gainesville, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the University Park-Gainsville area can be challenging. Home prices in University Park-Gainsville are now at a median cost of $346,276, higher than the Gainesville average of $277,945.

The average cost of rent is $1,270/mo in University Park-Gainsville, primarily driven by the current value of real estate in the University Park-Gainsville area. In University Park-Gainsville, 85.87% of households rent, and 70.08% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in University Park-Gainsville is $1,458 per month. Households that rent pay about 87.07% of their income on rent here. University Park-Gainsville’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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