ZIP Code · FL

ZIP 32317

Pop. 14,654·Leon County·165th most expensive ZIP in Florida
Median rent (all units)
$2,448/mo
Year-over-Year
Stable
Month-over-Month
-1.9%
vs US Median
+$516
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 32317 · $2,448
More expensive than 78% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,450
2 BR
$1,630
3 BR
$2,020
4 BR+
$2,160
Research median
$1,630/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

What a typical income covers

30% of the median household income ($128,690) is $3,217 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,160).

Rank in Tallahassee

10th cheapest of 10 ZIP codes in Tallahassee.

Cheaper nearby

ZIP 32308, 7 miles away, rents for 37% less ($1,544/mo), about $10,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 32317. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$29,376/yr
At $2,448/mo median
Location
StateFL
CountyLeon County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.9% MoM), not inventory.
Demographics

Who lives here

ZIP 32317 (Tallahassee, FL) is majority owner-occupied, has a large retiree population, has a median income above the national average, 60.3% of residents hold a bachelor's degree or higher.

Population
14,654
Median income
$128,690
Median age
45.1
Renters
10.8%
Age distribution
21.6%
13.5%
27.5%
15.3%
22.2%
Under 1821.6%
18–3413.5%
35–5427.5%
55–6415.3%
65+22.2%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
70.8%
15.2%
White70.8%
Black15.2%
Hispanic8.3%
Asian5.4%
Education (25+)
26%
60.3%
No HS diploma2.4%
HS diploma11.2%
Some college26%
Bachelor's+60.3%
Housing tenure
89.2%
Owner89.2%
Renter10.8%

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

2021 vs 2026

How ZIP 32317 in Tallahassee, FL has changed in 5 years

Income
$102,318 → $128,690
up 25.8%
Population
14,492 → 14,654
up 1.1%
Renter share
7.2% → 10.8%
+3.6 pts
Bachelor's+
52.9% → 60.3%
+7.4 pts

Median household income climbed from $102,318 to $128,690 between 2021 and 2024, a 25.8% shift. Census counts show ZIP 32317 in Tallahassee, FL adding about 162 residents over the five-year window, up 1.1% on net. The renter share has risen from 7.2% to 10.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 52.9% to 60.3% across the same window.

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Local insights

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About renting in ZIP 32317

Last updated: October 17, 2026

ZIP code 32317 covers Tallahassee, FL. The median rent here is $2,448/mo as of October 2026. A 1-bedroom rents for a median of $1,450/mo. A 2-bedroom rents for a median of $1,630/mo.

At 23% of local median household income ($128,690/yr), ZIP 32317 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 32317?

To keep rent at or below 30% of gross income, you would need to earn at least $98,000/year (about $47/hour full-time) to afford the median rent of $2,448/mo in ZIP 32317. The local median household income is $128,690/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 32317?

Rent in ZIP 32317 has been roughly flat over the past year, a 0.0% change.

How does ZIP 32317 compare to other ZIPs in Florida?

ZIP 32317 is one of the pricier among Florida ZIP codes for rent, ranking #165 of 656 at $2,448/mo.

How does ZIP 32317 compare to the rest of Tallahassee?

At $2,448/mo, ZIP 32317 is $975 above the Tallahassee citywide median of $1,473/mo. It is the 10th cheapest of 10 ZIP codes in Tallahassee.
Income Affordability
23%
VERY AFFORDABLE

At $2,448/mo, rent takes ~23% of ZIP 32317's median household income ($128,690/yr). The standard benchmark is 30%.

ZIP 32317 23%Benchmark 30%
State income taxNone
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Public schools near ZIP 32317 (Tallahassee, FL)

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