The Palms Condominiums
230 SW 2nd Ave,
Gainesville, FL 32601
$975 - $1,950
2 Beds
Every day in Downtown Gainesville is a party -- partly because of the great weather and fantastic pubs -- but also because it is next to the University of Florida. The downtown area invites residents and visitors to get out and walk or bike, with wide sidewalks, dedicated bike lanes, and even "fun bikes" -- bikes that seat 17 people around a bar, so it looks more like a party bus with a lot of pedals. Downtown Gainesville hosts a variety of walking tours, pub crawls, and restaurant tours.
Of course, every party needs music, and Downtown Gainesville offers plenty of that, as well. A variety of nightclubs include outdoor stages for local bands, and Bo Diddly Plaza offers everything from blue grass to jazz to R&B. Watch a show at the legendary Hippodrome Theatre or see a concert at the Florida Theatre. Downtown Gainesville hosts a variety of festivals and events, from the farmer's market held in Bo Diddly Plaza to the Downtown Festival & Art Show. And in the fall, it's time for college football -- put on your orange and blue and head to the Swamp -- Ben Hill Griffin Stadium -- and cheer on the Gators.
As of March 2026, the average apartment rent in Downtown Gainesville is $1,337 for a studio, $1,249 for one bedroom, $1,578 for two bedrooms, and $2,136 for three bedrooms. Apartment rent in Downtown Gainesville has decreased by -7.5% in the past year.
Studio
393 sq ft
Average Sq Ft
$1,337/month
Average Rent
1 BR
642 sq ft
Average Sq Ft
$1,249/month
Average Rent
2 BR
879 sq ft
Average Sq Ft
$1,578/month
Average Rent
3 BR
1,251 sq ft
Average Sq Ft
$2,136/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Gainesville - Gainesville, FL is for everyday living.
Very Walkable
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Biker's Paradise
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.