Housing market/Florida/ZIP 32607

ACS 2023 · FY2027 SAFMR

ZIP 32607 Gainesville, Florida

Gainesville, FL HUD Metro FMR Area · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
31,938
Households
14,204
Median HH income
$46,517
Renter share
65.6%
Median gross rent
$1,222
Vacancy
13.7%
Pop. change
+4.3%
2BR SAFMR
$1,520
SAFMR / rent
1.244×
2–49 unit stock
9,070
LIHTC proj / units
3 / 458
HUD assisted MF
2 / 250

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32607 · FL — sent to you.

ZIP 32607 · FL

ACS median rent$1,222
2BR SAFMR$1,520
90% floor$1,368
110% ceiling$1,672

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 32607

  • 1-unit detached4,99830.4%
  • 1-unit attached1,1426.9%
  • 2–4 units2,28713.9%
  • 5–49 units6,78341.2%
  • 50+ units9075.5%
  • Mobile3482.1%
TypeUnitsShare
1-unit detached4,99830.4%
1-unit attached1,1426.9%
2 units (duplex)2971.8%
3–4 units1,99012.1%
5–9 units2,65716.1%
10–19 units3,10418.9%
20–49 units1,0226.2%
50+ units9075.5%
Mobile3482.1%

2–4 unit share 13.9% · 5–49 unit share 41.2% · combined 2–49 55.1%.

Units by bedrooms

Studio
704
1BR
2,140
2BR
6,784
3BR
3,883
4BR
2,551
5+
403

Rent burden

Rent ≥30% of income65.7%
Rent ≥50% of income34.6%
  • ACS median gross rent $1,222 (all bedrooms, occupied rentals).
  • Median contract rent $1,043.
  • Renters paying ≥30% of income 65.7%; ≥50% 34.6%.
  • FY2027 2BR SAFMR $1,520 (1.244× ACS median gross rent).

Population

31,938 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 458 units.
  • HUD project-based assisted MF: 2 properties, 250 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,629 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 32607 65.6% of occupied households are renters; vacancy is 13.7%; ACS median gross rent is $1,222; population increased +4.3% between the 2018 and 2023 ACS vintages; the housing stock includes 2,287 units in 2–4-unit structures and 6,783 units in 5–49-unit structures; 3 LIHTC projects totaling 458 units; FY2027 2BR SAFMR is $1,520 versus ACS median gross rent of $1,222. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Florida research

ZIP 32607 is a Census / HUD profile for Gainesville, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Florida research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 32607?

ZIP 32607 (Gainesville, FL HUD Metro FMR Area) has 31,938 residents, 14,204 households, a renter share of 65.6%, median household income of $46,517, and ACS 2023 median gross rent of $1,222. Vacancy is 13.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32607?

ACS counts 297 units in 2-unit buildings, 1,990 in 3–4 unit buildings, 2,657 in 5–9, 3,104 in 10–19, and 1,022 in 20–49. Combined 2–49 unit stock is 9,070 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32607?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,520. See the full schedule and 90–110% payment-standard band on the ZIP 32607 — Gainesville, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32607 is Census / HUD research for Gainesville, FL HUD Metro FMR Area. Jeff Crowe CRE does not list Florida property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.