Department of Numbers

Alachua County Florida Residential Rent and Rental Statistics

The median monthly gross residential rent in Alachua County FL was $949 in 2017 according to the Census ACS survey.1 Average gross rent in Alachua County was $979 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Alachua County median and average rent data will be released in September of 2019.

Data is also available below for Alachua County rental vacancy rates, Alachua County rent as a percent of median income and the fraction of renters in Alachua County.

Show dollars as: Nominal Real

Real Gross Rent in Alachua County Florida (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Florida Median Gross Rent $1,128 +2.27% +9.83%
Alachua County FL Median Gross Rent $949 +1.93% +5.33%

Alachua County FL Real Gross Rent Trends

Median gross rent for Alachua County peaked in real terms in 2008 at $975 and is now $26 (2.67%) lower. Average gross rent for Alachua County peaked in real terms in 2008 at $1,035 and is now $56 (5.41%) lower. From a recent low of 864.0 in 2013, real average gross rent has now increased by $115 (13.31%).

Real Gross Rent: Alachua County FL Median, Alachua County FL Average, Florida Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Alachua County

Date US
Median
Florida
Median
Alachua County FL
Median
Alachua County FL
Average
2017 $1,012 $1,128 $949 $979
2016 $996 $1,103 $931 $964
2015 $987 $1,076 $888 $953
2014 $956 $1,027 $901 $917
2013 $924 $993 $852 $864
2012 $912 $984 $877 $933
2011 $912 $994 $866 $940
2010 $927 $1,026 $957 $994
2009 $931 $1,052 $966 $1,007
2008 $947 $1,088 $975 $1,035
2007 $899 $1,054 $874 $917
2006 $909 $1,038 $913 $903

Alachua County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Alachua County Florida was 20.58% according to Census ACS data.

Rental Vacancy Rate in Alachua County Florida

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Florida 9.16% +0.86% +0.50%
Alachua County FL 20.58% +6.68% +9.29%

Trends in Alachua County FL Rental Vacancy Rate

At 20.58%, Alachua County residential rental vacancy rate in 2017 is at the highest point since 2005, the beginning of our reporting for this series.

Rental Vacancy Rate: Alachua County FL, Florida, US

Rental vacancy rate in Florida

Historical Rental Vacancy Rate data for Alachua County

Date US Florida Alachua County FL
2017 6.18% 9.16% 20.58%
2016 5.89% 8.30% 13.90%
2015 5.85% 7.79% 10.35%
2014 6.32% 8.66% 11.29%
2013 6.49% 9.22% 11.22%
2012 6.77% 9.37% 10.27%
2011 7.40% 10.91% 8.37%
2010 8.17% 12.17% 14.32%
2009 8.43% 13.16% 9.36%
2008 7.86% 12.67% 4.70%
2007 7.87% 11.55% 4.39%
2006 7.70% 8.32% 5.76%

Rent as a Fraction of Income

Using median household income data for Alachua County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Alachua County, median monthly gross rent as a fraction of median household income was 25.49% in 2017 according to the ACS.

Alachua County Florida Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Florida 25.74% +0.11% +0.38%
Alachua County FL 25.49% +1.20% +2.14%

Trends in Alachua County FL Rent as a Fraction of Income

The fraction of median Alachua County household income required to pay median monthly gross rent peaked in 2009 (relative to the 2005 series origin) at 27.59%. Since then it has fallen by 2.10% to 25.49%. From a 2015 low of 21.62%, the fraction of income going to rent has increased by 3.87%.

Fraction of Income towards Rent: Alachua County FL, Florida, US

Percent of median household income going towards median monthly gross rent in Alachua County Florida

Historical Data for Annual Rent as a Fraction of Income in Alachua County Florida

Date US Florida Alachua County FL
2017 20.13% 25.74% 25.49%
2016 20.43% 25.62% 24.29%
2015 20.63% 25.40% 21.62%
2014 20.89% 25.36% 23.35%
2013 20.78% 25.34% 26.03%
2012 20.65% 25.42% 24.48%
2011 20.70% 25.71% 25.04%
2010 20.50% 25.59% 26.26%
2009 20.12% 25.54% 27.59%
2008 19.00% 23.79% 23.64%
2007 18.66% 23.22% 24.68%
2006 18.90% 23.00% 24.94%

Renter Fraction in Alachua County Florida

You can calculate the renter fraction in Alachua County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Alachua County as a fraction of total Alachua County households. In 2017 43.92% of households were renters according to Census ACS data.

Alachua County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Florida 34.85% -1.02% -1.10%
Alachua County FL 43.92% -3.44% -3.86%

Trends in the Alachua County FL Renter Fraction

The Alachua County household renter fraction peaked in in 2011 at 49.88% and is now 5.96% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Alachua County FL, Florida, US

Fraction of renters in Alachua County

History of Alachua County Renter Fraction

Date US Florida Alachua County FL
2017 36.13% 34.85% 43.92%
2016 36.88% 35.87% 47.36%
2015 36.97% 36.22% 46.11%
2014 36.90% 35.95% 47.78%
2013 36.50% 35.21% 47.98%
2012 36.09% 34.36% 44.84%
2011 35.42% 33.28% 49.88%
2010 34.65% 31.85% 44.70%
2009 34.13% 31.52% 45.00%
2008 33.36% 30.33% 44.01%
2007 32.80% 29.39% 44.17%
2006 32.73% 29.72% 45.84%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.