Student | Nine31
931 W University Ave,
Gainesville, FL 32601
$1,099 - $2,119
Studio - 5 Beds
Located between Downtown Gainesville and the University of Florida, the Innovation District is the technological hub of the city. Initially referred to as Innovation Square, the Innovation District is home to numerous business offices, from burgeoning start-ups to industry leaders and everything in between.
The District contains a variety of luxury apartments available for rent and offers close proximity to countless rental houses on tranquil tree-lined streets. Residents typically choose the Innovation for its unparalleled convenience, touting a bevy of restaurants and coffeehouses in addition to work and entertainment options.
As of March 2026, the average apartment rent in Innovation District is $1,709 for a studio, $1,283 for one bedroom, $1,513 for two bedrooms, and $2,842 for three bedrooms. Apartment rent in Innovation District has increased by 3.2% in the past year.
Studio
517 sq ft
Average Sq Ft
$1,709/month
Average Rent
1 BR
559 sq ft
Average Sq Ft
$1,283/month
Average Rent
2 BR
771 sq ft
Average Sq Ft
$1,513/month
Average Rent
3 BR
2,207 sq ft
Average Sq Ft
$2,842/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Innovation District - 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.