ZIP Code · FL

ZIP 32309

Pop. 33,544·Leon County·625th most expensive ZIP in Florida
Median rent (all units)
$1,475/mo
Year-over-Year
+4.2%
Month-over-Month
+0.9%
vs US Median
-$457
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 32309 · $1,475
More affordable than 75% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,340
2 BR
$1,500
3 BR
$1,860
4 BR+
$1,990
Research median
$1,500/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 32309 is at its highest level since Zillow's records here began in March 2023.

Past year vs. the rest of Florida

Rent in ZIP 32309 changed +4.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($113,412) is $2,835 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,990).

Rank in Tallahassee

5th cheapest of 10 ZIP codes in Tallahassee.

From Zillow's monthly rent index (ZORI) for ZIP 32309. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,700/yr
At $1,475/mo median
Location
StateFL
CountyLeon County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.2% YoY, +0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 32309 (Tallahassee, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 61.5% of residents hold a bachelor's degree or higher.

Population
33,544
Median income
$113,412
Median age
42
Renters
17.6%
Age distribution
25.4%
15.4%
26.4%
22.4%
Under 1825.4%
18–3415.4%
35–5426.4%
55–6410.3%
65+22.4%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
74.5%
White74.5%
Black11.6%
Hispanic7.6%
Asian2.1%
Other4.2%
Education (25+)
13%
23.5%
61.5%
No HS diploma2%
HS diploma13%
Some college23.5%
Bachelor's+61.5%
Housing tenure
82.4%
17.6%
Owner82.4%
Renter17.6%

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

2023 vs 2026

How ZIP 32309 in Tallahassee, FL has changed in 5 years

Rent
$1,284 → $1,475
up 14.9%
Income
$90,858 → $113,412
up 24.8%
Population
33,505 → 33,544
up 0.1%
Renter share
21% → 17.6%
-3.4 pts
Bachelor's+
58.8% → 61.5%
+2.7 pts
Median age
40.7 → 42
+1.3 yrs

Compared with 2023, rent in ZIP 32309 in Tallahassee, FL has climbed by $191 per month, settling near $1,475 after starting the period at $1,284. Household income in the area moved from $90,858 to $113,412 across the same window, up 24.8% versus 2021. Income growth outran rent by about 9.9 percentage points, easing the affordability math somewhat compared with 2021. About 17.6% of households rent today, against 21% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 58.8% to 61.5%. Reading these numbers side by side helps frame whether current listings in ZIP 32309 in Tallahassee, FL look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 32309

Last updated: October 17, 2026

ZIP code 32309 covers Tallahassee, FL. The median rent here is $1,475/mo as of October 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,500/mo.

At 16% of local median household income ($113,412/yr), ZIP 32309 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32309?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (about $28/hour full-time) to afford the median rent of $1,475/mo in ZIP 32309. The local median household income is $113,412/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32309?

Rent in ZIP 32309 has risen 4.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2023.

How does ZIP 32309 compare to other ZIPs in Florida?

ZIP 32309 is one of the more affordable among Florida ZIP codes for rent, ranking #625 of 656 at $1,475/mo. Over the year to September 2026, rent in ZIP 32309 changed +4.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32309 compare to the rest of Tallahassee?

At $1,475/mo, ZIP 32309 is $2 above the Tallahassee citywide median of $1,473/mo. It is the 5th cheapest of 10 ZIP codes in Tallahassee.
Income Affordability
16%
VERY AFFORDABLE

At $1,475/mo, rent takes ~16% of ZIP 32309's median household income ($113,412/yr). The standard benchmark is 30%.

ZIP 32309 16%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 32309 (Tallahassee, FL)

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