Cheap Apartments for Rent in the College Terrace Neighborhood of Tallahassee, FL from $300 (84 Rentals)

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Search the lowest-cost Apartments available for rent right now in the College Terrace area of Tallahassee.

Tallahassee's Best Affordable Neighborhoods

Learn about Tallahassee and the best places to live with original content written by Local Expert Allaire Williams

property at 1810 Pasco Ct

$700 - $725

1 Bedroom Rentals

Available Now

1810 Pasco Ct

TallahasseeFL32310

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Conklin Commons
1 to 2 Bedroom Apartments

Conklin Commons

1220-1230 Conklin StTallahassee, FL 32310
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Columbia House
1 Bedroom Apartments

Columbia House

2303-2316 Columbia CtTallahassee, FL 32304
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Magnolia Courts
1 to 2 Bedroom Apartments

Magnolia Courts

1525-1541 Mccaskill AveTallahassee, FL 32310
  • Utilities Included
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Lake Lodge
1 Bedroom Apartments

Lake Lodge

1320 Lake AveTallahassee, FL 32310
  • Utilities Included
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Capitol Village
1 to 2 Bedroom Apartments

Capitol Village

420 E Park AveTallahassee, FL 32301
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Palm Beach Apartments
1 to 2 Bedroom Apartments

Palm Beach Apartments

503 Palm Beach StTallahassee, FL 32310
  • Utilities Included
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Hickory Hill Apartments
1 to 3 Bedroom Apartments

Hickory Hill Apartments

2315 Jackson Bluff RdTallahassee, FL 32304
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Vue
4 Bedroom Apartments

Vue

703-705 W St Augustine StTallahassee, FL 32304
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Providence Pointe
Studio to 1 Bedroom Apartments

Providence Pointe

1242 Stuckey AveTallahassee, FL 32310
  • Utilities Included
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Escambia Place
1 to 3 Bedroom Apartments

Escambia Place

2161 Escambia DrTallahassee, FL 32304
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Palm Beach Pointe
2 Bedroom Apartments

Palm Beach Pointe

635 Palm Beach StTallahassee, FL 32310
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Oak Park
1 to 2 Bedroom Apartments

Oak Park

214 Columbia DrTallahassee, FL 32304
property at 2111 Owens St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

2111 Owens St

TallahasseeFL32301
property at 1911 Pasco Ct

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Condo for Rent

Available Now

1911 Pasco Ct, Unit 6

1911 Pasco Ct
TallahasseeFL32310

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

College Terrace, Tallahassee, FL Local Guide

Cheapest Available College Terrace Apartments for Rent

 

The cheapest available apartment rental in the College Terrace area of Tallahassee, FL is a 1 Bed unit found at Magnolia Oaks priced from $502. Ashton Grove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable College Terrace apartments for rent in Tallahassee, FL:

Apartment ListingModel NameBed/BathPriced From
Magnolia Oaks1 Bedroom, 1 Bathroom1BR,1BA$502
Ashton Grove Apartments1/1S1BR,1BA$700
Ashton Park Apartments1/1S1BR,1BA$799
Ashton Place Apartments1/1M1BR,1BA$799
Arive 850Bedroom D1BR,1BA$850
The Sanctuary1-Bedroom1BR,1BA$879
The Pavilion ApartmentsThe Pavilion Apartments, close to shopping and,...1BR,1BA$895
PhoenixJefferson ArmsStudio,$895
The Cottages at GlendaThe Cottages at Glenda, a hidden apartment comm...1BR,1BA$900
La Mediterranean Apartments1BR/1.0BA1BR,1BA$975

Best Value Apartments for Rent in College Terrace, FL

As of August 20, 2026 the best value apartment in the College Terrace area is the $0.35 price per square foot 4 Bedroom 4 Bath Model at Hayden Commons in the in the Southwest Tallahassee neighborhood starting from $699. The second greatest value College Terrace apartment is the 4x4 Unfurnished Flat Model at The Venetian Student Living starting at $499 with a $0.30 price per square foot in the Southwest Tallahassee neighborhood. Here is today’s list of the best values for College Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hayden Commons4 Bedroom 4 Bath4BR,4BA$0.35
The Venetian Student Living4x4 Unfurnished Flat4BR,4BA$0.30
The Park at Bristol4 Bedroom / 4 Bathroom Platinum4BR,4BA$0.98
OktivMonroe4BR,4BA$0.63
Green Briar Garden HomesThe Magnolia2BR,1BA$0.97
Tuscany Village2 Bedroom Penthouse2BR,2BA$1.02
Jackson Forest ApartmentsHickory2BR,2BA$1.17
Magnolia Oaks2 Bedroom, 2 Bathroom2BR,2BA$1.26
The Sanctuary2-Bedrooms2BR,1BA$1.24
Villa CristinaTerrazzo2BR,2BA$0.96

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
College Terrace, Tallahassee, FL

Ranked #37

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Florida and customized analysis for Central Tallahassee, FL. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, places to raise kids, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap College Terrace Apartments

What is a cheap apartment in College Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Terrace is under $975.

What is the price of a cheap apartment in College Terrace?

The cheapest apartment in College Terrace is Magnolia Oaks which is listed at $502, while the average apartment in College Terrace costs $1,299.

What types of apartments are the cheapest in College Terrace?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 93 regular apartments in College Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in College Terrace?

Cheap apartments in College Terrace have an average cost of $404 which is $895 cheaper than the average rent for all rentals in College Terrace.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Your Tallahassee College Home Base: Where to Rent to Ace Your FSU, FAMU and TSC Experience

Written by: Allaire Williams

Hey there future resident! I’m Allaire, your ApartmentHomeLiving.com Local Expert for Tallahassee, Florida, and I’ve been helping students and families navigate this college town for over six years.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.