ZIP 32312
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in ZIP 32312 is 0.3% below its high of $2,399 in December 2025, at $2,393 as of September 2026.
Rent in ZIP 32312 changed +1.2% over the year to September 2026. Across the 623 Florida ZIP codes Zillow tracks, the typical change was +1.8%.
Rent has risen 6 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($123,032) is $3,076 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,250).
9th cheapest of 10 ZIP codes in Tallahassee.
ZIP 32309, 8 miles away, rents for 38% less ($1,475/mo), about $11,000 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 32312. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 32312 (Tallahassee, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 61.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 32312 in Tallahassee, FL has changed in 5 years
Five years ago, renters in ZIP 32312 in Tallahassee, FL paid around $2,207 a month. That figure now sits near $2,393, up 8.4% from the 2023 baseline. Household income in the area moved from $107,615 to $123,032 across the same window, up 14.3% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Bachelor's-degree-or-higher attainment moved from 64.4% to 61.6% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 32312 in Tallahassee, FL look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 32312
Last updated: October 17, 2026
ZIP code 32312 covers Tallahassee, FL. The median rent here is $2,393/mo as of October 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,700/mo.
At 23% of local median household income ($123,032/yr), ZIP 32312 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.
Frequently asked questions
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How does ZIP 32312 compare to other ZIPs in Florida?
How does ZIP 32312 compare to the rest of Tallahassee?
At $2,393/mo, rent takes ~23% of ZIP 32312's median household income ($123,032/yr). The standard benchmark is 30%.
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