Updated 20 Hours Ago
Location
118 Nw 5th Ave, Gainesville, FL 32601, USA|Pleasant Street
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Property Overview
118 NW 5th Avenue earns a strong Zumper rating of 8.3/10, supported by excellent value, a solid amenity set, and a highly convenient location. It stands out for work-from-home and social life, with nearby coworking spots, quiet surroundings, many restaurants and entertainment options, plus walkability, parks, and public transit access.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby
Great for
Work-from-home
Social life
Eco living
Floor plans
| 118 NW 5th Avenue - 1 | 1 bed | 1 bath | 550 sqft | $900 /mo |
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Policies and fees
Applicants
Application Fee
Per-applicant. Agent application fee.
$30
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
About 118 NW 5th Avenue
118 NW 5th Avenue cost $900 per month. Located at 118 Nw 5th Ave, Gainesville, FL 32601, USA, 118 NW 5th Avenue has 1 bedroom units available. Based on the average rent price of 1 bedroom in Gainesville, renting an apartment at 118 NW 5th Avenue is 22% cheaper per month.Other apartment buildings in or around Gainesville include but are not limited to: 328 Sw 34th St
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 118 NW 5th Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 118 NW 5th Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
118 NW 5th Avenue offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 118 NW 5th Avenue is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
118 NW 5th Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 118 NW 5th Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
118 NW 5th Avenue provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
118 NW 5th Avenue is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 118 NW 5th Avenue compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1.2 miles away
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Pleasant Street
Median rents as of Oct 10 2026.
Pleasant Street
Gainesville
| Month | Median Rent |
|---|---|
| October 2024 | $1,450 |
| November 2024 | $1,486 |
| December 2024 | $1,461 |
| January 2025 | $1,468 |
| February 2025 | $1,431 |
| March 2025 | $1,417 |
| April 2025 | $1,426 |
| May 2025 | $1,440 |
| June 2025 | $1,449 |
| July 2025 | $1,450 |
| August 2025 | $1,424 |
| September 2025 | $1,404 |
| October 2025 | $1,402 |
| November 2025 | $1,412 |
| December 2025 | $1,444 |
| January 2026 | $1,466 |
| February 2026 | $1,475 |
| March 2026 | $1,475 |
| April 2026 | $1,462 |
| May 2026 | $1,400 |
| June 2026 | $1,400 |
| July 2026 | $1,424 |
| August 2026 | $1,393 |
| September 2026 | $1,365 |
| October 2026 | $1,362 |
| Month | Median Rent |
|---|---|
| May 2026 | $2,000 |
| June 2026 | $1,975 |
| July 2026 | $1,900 |
| August 2026 | $1,900 |
| September 2026 | $1,849 |
| October 2026 | $1,648 |
Affordability calculator
Can I afford to live at 118 Nw 5th Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$36,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 1-bedroom monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.
Schools near 118 NW 5th Avenue
Sidney Lanier Center
312 nw 16th ave
gainesville, FL, 32601
K-12Public
P.K. Yonge Developmental Research School at the University of Florida
1200 sw 6th st
gainesville, FL, 32601
K-12Public
A
Carolyn Beatrice Parker Elementary School
1912 nw 5th ave
gainesville, FL, 32603
K-5Public
B-
Alachua eSchool
2802 ne 8th ave
gainesville, FL, 32641
PK, K-5Public
B
Getting around Gainesville near 118 Nw 5th Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 118 Nw 5th Ave, Gainesville
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Nightlife
5/10
Some bars within a few minutes’ walk
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