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Alachua County/Gainesville/32601

32601

ZIPSAFMR
Alachua County, FL
Zillow

ZIP Investment Score

97Above average

095130300
BRFMR
Eff. Rent
0 BR$1,120$1,230
1 BR$1,160$1,260
2 BR$1,380$1,520
3 BR$1,690$1,860
4 BR$1,810$1,990
5 BR$2,082Not available
6 BR$2,394Not available
7 BR$2,753Not available
8 BR$3,166Not available

Purchase Price Calculator

Maximum purchase price
$163,955

Cost breakdown

+Likely effective rent$1,520
HUD FMR$1,380
Market rent$1,660
Est. payment standard (110%)Used$1,520
-Principal and interest-$829
Loan amount$131,164
Down payment$32,791
Rate6.50%
Term30 years
-Operating costs-$491
Property taxes-$164
Insurance-$175
Utilities$0
HOA$0
Management-$152
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,506(74.7% ROI)
Projected value
$176,561
Return breakdown
Property appreciation+$12,607
Loan principal paid down+$4,699
Rental cash flow+$7,200
5-year hold
+$41,925(127.9% ROI)
Projected value
$185,500
Return breakdown
Property appreciation+$21,545
Loan principal paid down+$8,380
Rental cash flow+$12,000
10-year hold
+$89,889(274.1% ROI)
Projected value
$209,876
Return breakdown
Property appreciation+$45,921
Loan principal paid down+$19,968
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.87
1 BR
0.88
2 BR
0.83
3 BR
0.72
4 BR
0.56
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 32601 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 32601 (Gainesville, FL) is $1,380 a month. That is down 3.5% from $1,430 in FY 2026. Gainesville is in the Gainesville, FL HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,471. Among 32 ZIP codes in Alachua County, 32601 has the 21st-highest two-bedroom rent (county range $990–$1,870). The median county two-bedroom FMR in Florida is $1,474, so ZIP 32601 is 6% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 32601
BedroomsFY 2027Change90–110% range
Studio$1,120+1.8%$1,008–$1,232
1BR$1,160−2.5%$1,044–$1,276
2BR$1,380−3.5%$1,242–$1,518
3BR$1,690−7.1%$1,521–$1,859
4BR$1,810−4.2%$1,629–$1,991

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 32601
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,120$1,160$1,380$1,690$1,810
FY 2026$1,100$1,190$1,430$1,820$1,890
FY 2025$1,060$1,180$1,430$1,820$1,900
FY 2024$960$1,070$1,280$1,680$1,700
FY 2023$800$880$1,060$1,410$1,420

Two-bedroom rent in nearby Alachua County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 32601
32601Current$1,380—
32603$1,370−0.7%
32604$1,480+7.2%
32605$1,760+27.5%
32606$1,870+35.5%
32607$1,520+10.1%
32608$1,640+18.8%
32609$1,450+5.1%
32610$1,490+8.0%
32611$1,480+7.2%
32612$1,460+5.8%
32614$1,480+7.2%

Questions about ZIP 32601 rents

How much will Section 8 pay for a two-bedroom in ZIP 32601?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,471, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,324 to $1,618 a month; under the ZIP-level Small Area FMR of $1,380 it would be $1,242 to $1,518. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 32601 in?

ZIP 32601 is in the Gainesville, FL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,471.

How much did fair market rent change in ZIP 32601 for FY 2027?

The two-bedroom FMR fell 3.5%, from $1,430 in FY 2026 to $1,380 in FY 2027. Since FY 2023 it has risen 30.2%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentGainesville, FL fair market rentFL statewide rentsWhat is SAFMR?Data sources