Median rent for residential in as of Jul, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
92 Tallahassee, FL, USA apartments for rent
Tallahassee
This is not the typical Florida town. It is still full of Sunshine and Southern vibe, but you will not meet plenty of tourists here. Tallahassee is the city of legislators, lawyers, and lobbyists. It is a great place to start a career as a political operative or set up your law practice.
| Population | 188,463 |
| Median Age | 26.6 |
| Poverty Rate | 27% |
| Household Income | $42,418 |
| Number Of Employees | 95,342 |
| Median Property Value | $185,100 |
City Overview
This city is the main center for trade and agriculture in the Florida Panhandle region. Unlike most of the Florida city, it has a long and rich history. Tallahassee is not only Florida political capital, but also its intellectual center. It has a variety of professional organizations as well as numerous universities. If you want to settle in Florida, but dislike lousy tourist, Tallahassee is the place for you. If you're going to live in the community of professionals, search for condos for rent in Tallahassee. Condominiums foster communities of like-minded people. The median household income in Tallahassee, FL is around $40,947, while the median age is 26.5. 92,765 employees work in Tallahassee, FL. The homeownership rate among the residents is 39.29%. The median property value that you should keep in mind is $182,200.
Arts
Tallahassee is filled with a variety of entertainment venues. It is a home to museums, theaters, cozy parks and performing art centers. The backbone of the local art scene is the Railroad Square Art Park. It is a major cultural district of Tallahassee, located off Railroad Avenue. The district has plenty of metal sculptures and installation art that create a unique artistic vibe. Railroad Square is famous for the small locally owned art galleries and shops affiliated with artist studios. Due to this fact, local artists formed an alternative art scene. The district hosts a variety of festivals to engage the general public with art. On the first Friday of every month, the square is hosting free gallery viewings from 6 pm to 9 pm known as First Friday.
Business & Economy
The economic life of the city is centered around economics and education. The city is famous for the professional and enthusiastic lawyers, public policy centers, political action committees, and various lobbying firms. Education is another pivot of the city’s economy. There is a high demand for student apartments for rent. Florida State University and Florida A&M University are among the major employees in the city. They provide a high-quality job for the entire community. Those universities are innovative clusters that generate patents, technologies, and startups. A lot of graduates choose to stay here due to the abundance of career opportunities. They continue the millennial pattern and choose to reside in one bedroom cheap apartments in Tallahassee. This city set the tone for the entire state.
Demographics
The city has racial composition traditional for the South: white majority with a strong black minority. The city has fifth-largest historically black university and various organization of African American heritage. Tallahassee has the most highly educated population in Florida with more than half of the population holding a Bachelor’s Degree or higher. No wonder that townhouses and apartments for rent near FSU and near FAMU are very popular. Due to the significant student population, crime rates and unemployment rates are relatively low. This is a close-knit community where people look out for each other. Therefore a lot of families choose to reside here and look for single-family homes for rent in Tallahassee.
Housing Trends
How much is an apartment in Tallahassee, FL, USA
Average rent in Tallahassee: $1,564 (-5.7%)
| Rent Price | Jul | vs Last Month |
|---|---|---|
| Studio rentals | $1,167 | +23.1% |
| 1 bed rentals | $965 | -13.9% |
| 2 bed rentals | $1,267 | -15.4% |
| 3 bed rentals | $1,766 | +5.4% |
| 4+ bed rentals | $1,901 | -14.1% |
Over the Jul 2022, the average rent for an apartment in/near Tallahassee, FL decreased by 5.7% to $1,564.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 13.9% to $965. Pricing for 2-bed apartment also decreased by 15.4% and a place of this size will now cost you $1,267. 3-bed apartment rent pricing starts at $1,766, it increased by 5.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 14.1% and made it down to $1,901.
| Rent Type Price | Jul | vs Last Month |
|---|---|---|
| Apartment rentals | $987 | -32.4% |
| Room rentals | $616 | -15.7% |
| House rentals | $2,054 | +5.5% |
| Condo rentals | $1,382 | -9.2% |
| Duplex rentals | $1,237 | +26.2% |
| Townhouse rentals | $1,125 | N/A |
The median rent for an apartment in Tallahassee, FL decreased by 32.4% to $987. Statistics show that house rent price increased by 5.5% this month making it up to $2,054. Condos faced an upward trend these days. The median rent for a condo decreased by 9.2%, it’s now available for $1,382. You can now rent a duplex for $1,237, duplex rent price increased by 26.2% this month. An average room will now go for $616, the median rent price for a room decreased by 15.7%. Townhouse rent pricing didn’t change, the price still starts at $1,125.
Rent vs Own
Neighborhoods
Midtown
This neighborhood is located on the north side of Tallahassee downtown, along Thomasville road and Monroe Steet. The area is stretching from Third Avenue on the south side to the Betton road on the North boundary. This district is a popular gathering spot, especially in the evening. It includes walkable streets with shopping, restaurants and nightlife corridor. Midtown is bordering historic downtown districts Forest Glen, Lafayette Park, Los Robes, and Betton Hills. It also located in the close proximity to the major Tallahassee shopping mall - Capital Plaza.
Southwood
This is a planned community located on the southeast side of Tallahassee. This community is centered around State of Florida Capital Circle Office Complex, John Paul II High School and Florida State University School. The district was constructed under the authority of Capital Region Community Development District and was designed to provide a valuable community infrastructure and give additional incentives for growth. A significant portion of this Tallahassee neighborhood consists of low-income apartments and affordable housing. If you are looking for cheap apartments in Tallahassee then Southwood is a place for you.
Lakewood Village
This a nice, cozy neighborhood with green lawns and an abundance of flowers. It mainly consists of single-family homes. This neighborhood is ideal for the family with kids. It is situated near the main interstates and transportation hubs. In the same time, it is walkable and safe. The neighborhood sits on the edge of Campbell Pond and has plenty of opportunities for camping, hiking, and various watersports.