Active Apartment Buildings3
Median $/door$166,656
Ask range$675,000–$2,400,000
Estimated cap—n=0
Median DOM188

City mix: 1 duplex · 0 triplex · 1 fourplex · 3 apartmentsAll typesMarket report →

— inventory checked October 5, 2026 at 4:02 PM EDT. Count and medians are the FMLS set on this page at that time, not a standing market total.

ACS 2023 · HUD FY2027 · 6 ZCTAs with ACS

Gainesville apartment-building stock & renter economics

Gainesville apartment pages lead with 5–49 and 50+ unit stock, LIHTC, HUD-assisted multifamily, and allocated 5+ permits. 2-unit stock lives on the duplex page. Live FMLS set on this page: 3 buildings.

6 ZCTAs · 6 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
184,215
Households
62,772
Housing units
69,988
5–49 unit stock
7,662
50+ unit stock
1,737
Median renter share
35.0%
ACS median rent
$1,253
Contract rent
$1,102
1BR SAFMR
$1,425
2BR SAFMR
$1,555
SAFMR / ACS rent
1.22×
Vacancy (ACS)
9.4%
Pop Δ 2018–2023
+5.0%
Median HH income
$73,308
Rent burden ≥30%
47.3%
Rent burden ≥50%
24.6%
LIHTC projects / units
21 / 2,515
HUD assisted MF
11 / 744
Alloc. 5+ permits
579

LIHTC and HUD-assisted counts are inventory of record in these ZCTAs — typically 5+ unit buildings, not duplexes. 5+ permits are county BPS allocated by ZCTA housing-unit share.

ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.

3 Apartment Buildings for Sale in Gainesville

Larger buildings show up more often in Hall than in a mountain county, but the Georgia apartments page is still the full list. Gainesville mixes small-city multifamily with occasional larger buildings and Lanier adjacency. Entry is below the inner metro. Jeff Crowe CRE (Georgia license 355533, Century 21 The Avenues in Calhoun) represents buyers and sellers of this inventory.

Current Market Snapshot

Active Listings3
Avg List Price$1,524,967
Avg $/Unit$189,441
Avg Cap Rate (est.)—
Price Range$675,000 – $2,400,000
Avg Units7.7

HUD Fair Market Rent · Hall County(FY2026)

Studio$1,177
1 BR$1,381
2 BR$1,514
3 BR$1,834
4 BR$2,127

Showing 3 of 3 apartment buildings

Multifamily for sale: 535 Forrest Ave, Gainesville
9 Units
Incomplete
$2,400,000

535 Forrest Ave

Gainesville, GA

Units9
$/Unit$266,667
DOM188
Listing MLSID: 7744074 · Listing courtesy of Resource Brokers, LLC. · 770-540-7881

Frequently Asked Questions — Gainesville Apartment Buildings

Are there apartment buildings for sale in Gainesville?

This page is the live FMLS Residential Income set for apartment buildings in Gainesville. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia apartment buildings collection or the county page for a larger sample.

How does Gainesville compare to Georgia overall for apartment buildings?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia apartment buildings set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do apartment buildings in Gainesville still qualify for residential financing?

Most 2–4 unit apartment buildings can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some Gainesville listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

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