Housing market/Florida/ZIP 32608

ACS 2023 · FY2027 SAFMR

ZIP 32608 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
53,966
Households
22,968
Median HH income
$60,182
Renter share
59.2%
Median gross rent
$1,357
Vacancy
11.5%
Pop. change
+10.3%
2BR SAFMR
$1,640
SAFMR / rent
1.209×
2–49 unit stock
12,561
LIHTC proj / units
3 / 433
HUD assisted MF
3 / 36

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32608 · FL — sent to you.

ZIP 32608 · FL

ACS median rent$1,357
2BR SAFMR$1,640
90% floor$1,476
110% ceiling$1,804

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32608

  • 1-unit detached8,35432.2%
  • 1-unit attached1,3195.1%
  • 2–4 units3,09211.9%
  • 5–49 units9,46936.5%
  • 50+ units2,5669.9%
  • Mobile1,1394.4%
TypeUnitsShare
1-unit detached8,35432.2%
1-unit attached1,3195.1%
2 units (duplex)6042.3%
3–4 units2,4889.6%
5–9 units3,89215.0%
10–19 units4,35816.8%
20–49 units1,2194.7%
50+ units2,5669.9%
Mobile1,1394.4%

2–4 unit share 11.9% · 5–49 unit share 36.5% · combined 2–49 48.4%.

Units by bedrooms

Studio
965
1BR
4,385
2BR
7,968
3BR
7,978
4BR
4,079
5+
564

Rent burden

Rent ≥30% of income59.0%
Rent ≥50% of income32.9%
  • ACS median gross rent $1,357 (all bedrooms, occupied rentals).
  • Median contract rent $1,171.
  • Renters paying ≥30% of income 59.0%; ≥50% 32.9%.
  • FY2027 2BR SAFMR $1,640 (1.209× ACS median gross rent).

Population

53,966 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.3%.

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

Assisted inventory

  • LIHTC: 3 projects, 433 units.
  • HUD project-based assisted MF: 3 properties, 36 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 32608 59.2% of occupied households are renters; vacancy is 11.5%; ACS median gross rent is $1,357; population increased +10.3% between the 2018 and 2023 ACS vintages; the housing stock includes 3,092 units in 2–4-unit structures and 9,469 units in 5–49-unit structures; 3 LIHTC projects totaling 433 units; FY2027 2BR SAFMR is $1,640 versus ACS median gross rent of $1,357. 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 32608 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 32608?

ZIP 32608 (Gainesville, FL HUD Metro FMR Area) has 53,966 residents, 22,968 households, a renter share of 59.2%, median household income of $60,182, and ACS 2023 median gross rent of $1,357. Vacancy is 11.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32608?

ACS counts 604 units in 2-unit buildings, 2,488 in 3–4 unit buildings, 3,892 in 5–9, 4,358 in 10–19, and 1,219 in 20–49. Combined 2–49 unit stock is 12,561 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32608?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,640. See the full schedule and 90–110% payment-standard band on the ZIP 32608 — Gainesville, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32608 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.