Alachua County Florida Residential Rent and Rental Statistics
The median monthly gross residential rent in Alachua County FL was $1,006 in 2019 according to the Census ACS survey.1 Average gross rent in Alachua County was $1,026 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Alachua County median and average rent data will be released in September of 2021.
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.
Real Gross Rent in Alachua County Florida (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Florida Median Gross Rent | $1,238 | +2.91% | +8.88% |
| Alachua County FL Median Gross Rent | $1,006 | -3.82% | +4.79% |
Alachua County FL Real Gross Rent Trends
Median gross rent for Alachua County peaked in real terms in 2018 at $1,046 and is now $40 (3.82%) lower. Average gross rent for Alachua County peaked in real terms in 2018 at $1,085 and is now $59 (5.44%) lower.
Real Gross Rent: Alachua County FL Median, Alachua County FL Average, Florida Median, US Median
Real Gross Rent History for Alachua County
| Date | US Median |
Florida Median |
Alachua County FL Median |
Alachua County FL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,238 | $1,006 | $1,026 |
| 2018 | $1,077 | $1,203 | $1,046 | $1,085 |
| 2017 | $1,043 | $1,163 | $978 | $1,009 |
| 2016 | $1,027 | $1,137 | $960 | $994 |
| 2015 | $1,017 | $1,110 | $915 | $982 |
| 2014 | $986 | $1,059 | $929 | $946 |
| 2013 | $953 | $1,024 | $878 | $891 |
| 2012 | $940 | $1,015 | $904 | $962 |
| 2011 | $941 | $1,025 | $893 | $969 |
| 2010 | $955 | $1,058 | $987 | $1,025 |
| 2009 | $960 | $1,085 | $996 | $1,038 |
| 2007 | $927 | $1,087 | $901 | $946 |
| 2005 | $910 | $1,011 | $879 | $924 |
Alachua County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Alachua County Florida was 17.58% according to Census ACS data.
Rental Vacancy Rate in Alachua County Florida
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Florida | 8.72% | +0.20% | +0.42% |
| Alachua County FL | 17.58% | -6.98% | +3.68% |
Trends in Alachua County FL Rental Vacancy Rate
The rental vacancy rate in Alachua County peaked in 2018 at 24.56%. Since then it has fallen by 6.98% to 17.58%. Data records for this series originated in 2005.
Rental Vacancy Rate: Alachua County FL, Florida, US
Historical Rental Vacancy Rate data for Alachua County
| Date | US | Florida | Alachua County FL |
|---|---|---|---|
| 2019 | 5.97% | 8.72% | 17.58% |
| 2018 | 6.15% | 8.52% | 24.56% |
| 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% |
| 2007 | 7.87% | 11.55% | 4.39% |
| 2005 | 7.74% | 7.72% | 6.42% |
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 24.37% in 2019 according to the ACS.
Alachua County Florida Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Florida | 25.08% | -0.49% | -0.54% |
| Alachua County FL | 24.37% | +0.32% | +0.08% |
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 3.22% to 24.37%. From a 2015 low of 21.62%, the fraction of income going to rent has increased by 2.75%.
Fraction of Income towards Rent: Alachua County FL, Florida, US
Historical Data for Annual Rent as a Fraction of Income in Alachua County Florida
| Date | US | Florida | Alachua County FL |
|---|---|---|---|
| 2019 | 20.03% | 25.08% | 24.37% |
| 2018 | 20.50% | 25.57% | 24.05% |
| 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% |
| 2007 | 18.66% | 23.22% | 24.68% |
| 2005 | 18.89% | 22.88% | 23.71% |
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 2019 45.98% of households were renters according to Census ACS data.
Alachua County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Florida | 33.75% | -0.33% | -2.12% |
| Alachua County FL | 45.98% | +5.80% | -1.38% |
Trends in the Alachua County FL Renter Fraction
The Alachua County household renter fraction peaked in in 2011 at 49.88% and is now 3.90% below that level. From a recent low of 40.18% in 2018, the household based renter fraction has now grown by 5.80%. The origin year for the series is 2005.
Fraction of Renting Households: Alachua County FL, Florida, US
History of Alachua County Renter Fraction
| Date | US | Florida | Alachua County FL |
|---|---|---|---|
| 2019 | 35.89% | 33.75% | 45.98% |
| 2018 | 36.05% | 34.08% | 40.18% |
| 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% |
| 2007 | 32.80% | 29.39% | 44.17% |
| 2005 | 33.10% | 30.43% | 49.40% |
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. ↩
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