City Report · FL

Tallahassee

Pop. 201,875·284th most expensive in Florida·Rental market data updated monthly for Tallahassee, FL
Median rent (all units)
$1,507/mo
Year-over-Year
+2.3%
Month-over-Month
-1.2%
vs US Median
-$458
Falling (Monthly)
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Most AffordableMost Expensive
Tallahassee · $1,507
More affordable than 75% of US cities · National median $1,965/mo
Rent Reality Score
61/100
Good value
OverheatedFairGreat value

Rents are 6% below what Tallahassee's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,507/mo
Expected by trend
$1,594/mo
The Rent Reality Score compares today's median rent to where Tallahassee's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,144
1 BR
$1,271
2 BR
$1,425
3 BR
$1,798
4 BR+
$1,984
Research median
$1,425/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,084/yr
At $1,507/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+2.3% YoY, -1.2% MoM), not inventory.
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Demographics

Who lives here

Tallahassee, FL is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 51.3% of residents hold a bachelor's degree or higher.

Population
201,875
Median income
$57,409
Median age
28.2
Renters
59.4%
Age distribution
16.6%
43.5%
19.8%
Under 1816.6%
18–3443.5%
35–5419.8%
55–648.4%
65+11.7%
Gender
46.4%
53.6%
Male46.4%
Female53.6%
Race & ethnicity
50.2%
34.4%
White50.2%
Black34.4%
Hispanic8.9%
Asian4.3%
Other2.2%
Education (25+)
17.9%
24.4%
51.3%
No HS diploma6.3%
HS diploma17.9%
Some college24.4%
Bachelor's+51.3%
Housing tenure
40.6%
59.4%
Owner40.6%
Renter59.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Tallahassee, FL has changed in 5 years

Rent
$1,061 → $1,507
up 42.0%
Income
$49,077 → $57,409
up 17.0%
Population
195,057 → 201,875
up 3.5%
Renter share
59.7% → 59.4%
-0.3 pts
Bachelor's+
49.2% → 51.3%
+2.1 pts
Median age
27.7 → 28.2
+0.5 yrs

The median rent in Tallahassee, FL stood at $1,061 in 2021 and currently runs about $1,507, reflecting a 42.0% increase over the period. Local incomes tracked alongside that move, going from a median of $49,077 in 2021 to $57,409 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 3.5% since 2021, moving from about 195,057 residents to roughly 201,875. College-educated residents now make up 51.3% of adults here, versus 49.2% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Tallahassee, FL market of 2021.

Community

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View Tallahassee rent history (2015–2026) →
Salary vs rent

Can you afford rent in Tallahassee on your salary?

At $1,507/mo, how Tallahassee rent compares to typical pay (30% rule).

By apartment size

Tallahassee rent by bedroom count

Median rent for each apartment size in Tallahassee. Click any size for full breakdown.

Local insights

Tips for renters in Tallahassee

About renting in Tallahassee, FL

Last updated: July 20, 2026

The median rent in Tallahassee is $1,507/mo as of July 2026. A studio apartment averages $1,144/mo while a 2-bedroom runs $1,425/mo. One-bedroom apartments average $1,271/mo and 3-bedroom units go for $1,798/mo.

At 32% of local median household income ($57,409/yr), Tallahassee ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

Is Tallahassee an affordable city for renters?

Tallahassee is considered moderate for renters. At $1,507/mo, rent takes approximately 32% of the local median household income ($57,409/yr). The standard benchmark is 30%. Tallahassee slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Tallahassee?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,507/mo in Tallahassee. The local median household income is $57,409/yr, meaning the typical Tallahassee household falls short of that threshold.

Is rent going up or down in Tallahassee?

Rent in Tallahassee has increased 2.3% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Tallahassee neighborhoods have the lowest rent?

The most affordable ZIP codes in Tallahassee are 32310 ($962/mo), 32304 ($1,348/mo), and 32301 ($1,393/mo). Citywide, the median rent in Tallahassee is $1,507/mo.

How does Tallahassee rent compare to other cities in Florida?

Tallahassee is one of the more affordable cities in Florida for rent, ranking #284 out of 288 tracked cities at $1,507/mo.

Which nearby cities are cheaper to rent in than Tallahassee?

Moultrie is nearby and more affordable at $1,195/mo, which is $312 less than Tallahassee.

What percentage of Tallahassee residents rent vs. own?

According to Census data, approximately 59.4% of Tallahassee households are renters, while 40.6% are owner-occupied. With a majority renter population, Tallahassee has a strong rental market.

How does Tallahassee rent compare to the national average?

Tallahassee's median rent of $1,507/mo is $458 (23%) below the US national median of $1,965/mo. Within Florida, it ranks #284 out of 288 tracked cities.
Income Affordability
32%
MODERATE

At $1,507/mo, rent takes ~32% of Tallahassee's median household income ($57,409/yr). The standard benchmark is 30%.

Tallahassee 32%Benchmark 30%
State income taxNone
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Lowest-rent ZIP codes in Tallahassee
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Tallahassee, FL

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