ZIP Code · FL

ZIP 32311

Pop. 21,905·Leon County·543rd most expensive ZIP in Florida
Median rent (all units)
$1,688/mo
Year-over-Year
+3.2%
Month-over-Month
+0.7%
vs US Median
-$244
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 32311 · $1,688
More affordable than 59% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,360
1 BR
$1,490
2 BR
$1,670
3 BR
$2,070
4 BR+
$2,210
Research median
$1,670/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

Cheapest month to sign

May. Asking rents in ZIP 32311 usually run 1.7% below trend in May and 2% above it in November, about $62 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 32311 is at its highest level since Zillow's records here began in October 2021.

Past year vs. the rest of Florida

Rent in ZIP 32311 changed +3.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($81,243) is $2,031 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,670); a 3-bedroom is $2,070.

Rank in Tallahassee

8th cheapest of 10 ZIP codes in Tallahassee.

Cheaper nearby

ZIP 32301, 5 miles away, rents for 18% less ($1,382/mo), about $3,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32311. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,256/yr
At $1,688/mo median
Location
StateFL
CountyLeon County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.2% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 32311 (Tallahassee, FL) is majority owner-occupied, 57.6% of residents hold a bachelor's degree or higher.

Population
21,905
Median income
$81,243
Median age
38
Renters
38.9%
Age distribution
20.3%
23.9%
27.5%
12.5%
15.8%
Under 1820.3%
18–3423.9%
35–5427.5%
55–6412.5%
65+15.8%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
52.5%
25.8%
White52.5%
Black25.8%
Hispanic10.5%
Asian6.9%
Other4.3%
Education (25+)
16.6%
20.6%
57.6%
No HS diploma5.2%
HS diploma16.6%
Some college20.6%
Bachelor's+57.6%
Housing tenure
61.1%
38.9%
Owner61.1%
Renter38.9%

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

2021 vs 2026

How ZIP 32311 in Tallahassee, FL has changed in 5 years

Rent
$1,126 → $1,688
up 49.9%
Income
$76,494 → $81,243
up 6.2%
Population
21,231 → 21,905
up 3.2%
Renter share
36.2% → 38.9%
+2.7 pts
Bachelor's+
53.4% → 57.6%
+4.2 pts
Median age
35.7 → 38
+2.3 yrs

Rent in ZIP 32311 in Tallahassee, FL has climbed 49.9% since 2021, going from about $1,126 per month to roughly $1,688 today. Household income in the area moved from $76,494 to $81,243 across the same window, up 6.2% versus 2021. Rent outpaced income growth by roughly 43.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 21,231 to 21,905 between 2021 and 2024, a 3.2% change. About 38.9% of households rent today, against 36.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 53.4% to 57.6%. Reading these numbers side by side helps frame whether current listings in ZIP 32311 in Tallahassee, FL look reasonable against where the market sat half a decade ago.

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About renting in ZIP 32311

Last updated: October 17, 2026

ZIP code 32311 covers Tallahassee, FL. The median rent here is $1,688/mo as of October 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,670/mo.

At 25% of local median household income ($81,243/yr), ZIP 32311 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32311?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,688/mo in ZIP 32311. The local median household income is $81,243/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32311?

Rent in ZIP 32311 has risen 3.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2021.

When is the cheapest time to rent in ZIP 32311?

Asking rents in ZIP 32311 are usually lowest in May, about 1.7% below their yearly trend, and highest in November, about 2% above it. At today's median that is a gap of roughly $62 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 32311 compare to other ZIPs in Florida?

ZIP 32311 is one of the more affordable among Florida ZIP codes for rent, ranking #543 of 656 at $1,688/mo. Over the year to September 2026, rent in ZIP 32311 changed +3.2%, against a typical +1.8% across the 623 Florida ZIP codes Zillow tracks.

How does ZIP 32311 compare to the rest of Tallahassee?

At $1,688/mo, ZIP 32311 is $215 above the Tallahassee citywide median of $1,473/mo. It is the 8th cheapest of 10 ZIP codes in Tallahassee.
Income Affordability
25%
AFFORDABLE

At $1,688/mo, rent takes ~25% of ZIP 32311's median household income ($81,243/yr). The standard benchmark is 30%.

ZIP 32311 25%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 32311 (Tallahassee, FL)

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