What's a good cap rate in Gainesville?

In Gainesville, cap rates typically run around 5.8% (Florida state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Gainesville deal lands versus this benchmark.

What's the average rent for a rental in Gainesville?

A typical rental in Gainesville runs about $1,300–$1,750/mo (estimate; varies by neighborhood, size, and condition). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Florida?

Florida's effective property tax rate is about 0.89% of value per year — the figure TrueCap applies by default for Gainesville deals. You can override it with the exact local rate.

Gainesville, FL

Gainesville rental property analysis

Gainesville is built around the University of Florida — a huge, renewing student base plus healthcare drives reliably high demand.

Gainesville market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

5.8%

Florida state median

Typical rent

$1,300–$1,750/mo

est., SFR / small multi

Typical price

$240,000–$330,000

est., all-in

Property tax

0.89%

Florida effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Gainesville a good place to buy rentals?

UF demand underpins occupancy with no state income tax; near-campus submarkets turn over each year.

See the full Floridainvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Gainesville

Near UF

Student rentals, high occupancy.

Northwest Gainesville

Family renters, low vacancy.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Gainesville deal in 60 seconds

Paste a Gainesville address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Florida tax and HUD rent so you start from the right assumptions.

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