Average Rental Costs

Money

You can’t find the right place to live until you know how much you can spend, so a budget is a good reference to use. Keep in mind all the extra expenses that go along with paying rent like utilities, transportation, and insurance.

Two Miles or Less from Campus Three Miles or More from Campus

Size Cost Size Cost

4 Bed / 4 Bath $1,009 4 Bed / 4 Bath $664

3 Bed / 3 Bath $1,123 3 Bed / 3 Bath $715

2 Bed / 2 Bath $1,233 2 Bed / 2 Bath $905

1 Bed / 1 Bath $1,757 1 Bed / 1 Bath $1,615

Application & Admin Fees $254 Application & Admin Fees $232

Deposit With Guarantor $74 Deposit With Guarantor $121

Deposit Without Guarantor $1,263 Deposit Without Guarantor $853

Short-Term Lease Fee $120 Short-Term Lease Fee $89

Parking Fee - Cars $161 Parking Fee - Cars $19

Parking Fee - Scooters $41 Parking Fee - Scooters $1

Monthly Pet Fee $30 Monthly Pet Fee $33

Pet Deposit $293 Pet Deposit $274

Sublet / Relet Fee $410 Sublet / Relet Fee $315

Renters / Liability Insurance $15 Renters / Liability Insurance $14

Two Miles or Less from Campus	Three Miles or More from Campus
Size	Cost	Size	Cost
4 Bed / 4 Bath	$1,009	4 Bed / 4 Bath	$664
3 Bed / 3 Bath	$1,123	3 Bed / 3 Bath	$715
2 Bed / 2 Bath	$1,233	2 Bed / 2 Bath	$905
1 Bed / 1 Bath	$1,757	1 Bed / 1 Bath	$1,615
Application & Admin Fees	$254	Application & Admin Fees	$232
Deposit With Guarantor	$74	Deposit With Guarantor	$121
Deposit Without Guarantor	$1,263	Deposit Without Guarantor	$853
Short-Term Lease Fee	$120	Short-Term Lease Fee	$89
Parking Fee - Cars	$161	Parking Fee - Cars	$19
Parking Fee - Scooters	$41	Parking Fee - Scooters	$1
Monthly Pet Fee	$30	Monthly Pet Fee	$33
Pet Deposit	$293	Pet Deposit	$274
Sublet / Relet Fee	$410	Sublet / Relet Fee	$315
Renters / Liability Insurance	$15	Renters / Liability Insurance	$14

It’s also a good idea to save some money every month to cover those unexpected emergencies. Even if it's as little as $20 a month, every little bit counts.

Credit 101

Having a credit card does not mean you can buy whatever you want whenever you want. Even though you have the ability to purchase now and pay later, don’t go overboard on the spending and wind up in debt. Credit cards have fees and an annual percentage rate (APR) associated with them. While some credit cards may also offer grace periods for payment, the grace period will eventually end, and you’ll have to pay for your purchases.

When choosing to get a credit card (including store and gas credit cards), pay attention to the fees and APR accompanying the card. Also, be wary of free giveaways or discounts you may get due to signing up for a card. Even though you may save 10% for signing up for a card, you may have annual fees associated with the card that you may have to pay even if you only use the card that one time for the 10% discount.

Your credit is something that will stay with you throughout your life, so be sure to use it wisely. Build it, maintain it, and safeguard it through smart, sound financial choices. Spend only the money you earn each month on the expenses you need.

Budget

After getting a clearer idea of what kind of community you want to live in, the next step is to figure out how much you can spend on housing. Consider all monthly expenses and what your income is. The price for housing in Gainesville varies from the mid- $600 - $1,000 and above, so there will be housing in your price range if you look carefully enough. Please do not live in a place simply because you can afford it. Make sure it feels right to you before signing a lease.

Visit the UF Student Financial Aid and Scholarships website to utilize the online Financial Literacy resources.