Cheap Apartments for Rent in the Downtown Tallahassee Neighborhood of Tallahassee, FL from $300 (64 Rentals)

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

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Campus Walk
$882 - $1,223
Total Monthly Price

Total Monthly Price

Base Rent
$882 - $1,223
Total Monthly Price
$882 - $1,223
1 to 3 Bedroom Apartments Available Now

Campus Walk

810 Wadsworth DrTallahassee, FL 32304
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Acasa Bainbridge
$1,075 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,550
Total Monthly Price
$1,075 - $1,550
3 to 4 Bedroom Apartments Available Now

Acasa Bainbridge

1600 Old Bainbridge RdTallahassee, FL 32303
Cost Per Sq.Ft.
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Tallahassee's Best Affordable Neighborhoods

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

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LondonTown @ Midtown
$1,280 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $1,850
Total Monthly Price
$1,280 - $1,850
1 to 3 Bedroom Apartments Available Aug 10

LondonTown @ Midtown

2039 N Meridian RdTallahassee, FL 32303
Eco-Friendly
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  • Customer Reviewed
  • 3D Tour

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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Goodbread Hills
1 to 3 Bedroom Apartments

Goodbread Hills

950 Edgehill CirTallahassee, FL 32303
  • Utilities Included
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Seminole Village
1 Bedroom Apartments

Seminole Village

812 Richmond StTallahassee, FL 32304
Student Housing
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Capitol Village
1 to 2 Bedroom Apartments

Capitol Village

420 E Park AveTallahassee, FL 32301
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Summit at Campus Edge
Studio to 1 Bedroom Apartments

Summit at Campus Edge

630 W Virginia StTallahassee, FL 32304
Student Housing
  • Utilities Included
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Vue
4 Bedroom Apartments

Vue

703-705 W St Augustine StTallahassee, FL 32304
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Midtown Station
2 Bedroom Apartments

Midtown Station

1903 Dawsey StTallahassee, FL 32303
  • 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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Jefferson Arms Apartments
Studio Apartments

Jefferson Arms Apartments

412 W Jefferson StTallahassee, FL 32301
Student Housing
  • Utilities Included
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417 Walker St
1 Bedroom Apartments

417 Walker St

417 Walker StTallahassee, FL 32304
Student Housing
  • Utilities Included
property at 404 E Brevard St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

404 E Brevard St

TallahasseeFL32301
property at 703 N Gadsden St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

703 N Gadsden St

TallahasseeFL32303
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College Plaza
1 Bedroom Apartments

College Plaza

405 W College AveTallahassee, FL 32301
Student Housing
  • 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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Pensacola Arms
1 Bedroom Apartments

Pensacola Arms

675 W Pensacola StTallahassee, FL 32304
Student Housing
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Suites on 6th
1 Bedroom Apartments

Suites on 6th

1215 Lee AveTallahassee, FL 32303
Student Housing
  • Utilities Included
property at 1217 N Martin Luther King Jr Blvd.

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Home for Rent

Available Now

1217 N Martin Luther King Jr Blvd.

TallahasseeFL32303

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.

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Downtown Tallahassee, Tallahassee, FL Local Guide

Cheapest Available Downtown Tallahassee Apartments for Rent

 

The cheapest available apartment rental in the Downtown Tallahassee area of Tallahassee, FL is a 2 Beds unit found at Lafayette Gardens priced from $603. Campus Walk has the second lowest priced unit, which is a 1 Bed apartment currently listed from $882. Here are the most affordable Downtown Tallahassee apartments for rent in Tallahassee, FL:

Apartment ListingModel NameBed/BathPriced From
Lafayette GardensB12BR,2BA$603
Campus Walk1-11BR,1BA$882
PhoenixJefferson ArmsStudio,$895
Reserve at MidtownExecutive 11BR,1BA$1,049
Acasa Bainbridge3 Bed 3 Bath3BR,3BA$1,075
Franklin PointeRedbudStudio,1BA$1,090
Georgetown Apartments2/1.5 Townhouse2BR,1BA$1,100
Ashford Apartments at Betton HillsGardenia1BR,1BA$1,410
Millstream at CascadesStudioStudio,1BA$1,699

Best Value Apartments for Rent in Downtown Tallahassee, FL

As of August 08, 2026 the best value apartment in the Downtown Tallahassee area is the $0.92 price per square foot 3x2.5 Model at The Lofts at Lake Ella in the in the Southwest Tallahassee neighborhood starting from $1,699. The second greatest value Downtown Tallahassee apartment is the 2BR/2BA - B6 Model at Industry Tallahassee starting at $3,079 with a $2.22 price per square foot in the Southwest Tallahassee neighborhood. Here is today’s list of the best values for Downtown Tallahassee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lofts at Lake Ella3x2.53BR,2.5BA$0.92
Industry Tallahassee2BR/2BA - B62BR,2BA$2.22
Georgetown Apartments3/2 Apartment3BR,2BA$1.02
Acasa Bainbridge4 Bed 2 Bath4BR,2BA$1.10
Campus RowThree Bedroom Two Bath Row Furnished Renovated3BR,2BA$0.73
Lafayette GardensB12BR,2BA$0.63
990 W Brevard St, Unit 212990 W Brevard St3BR,2BA$1.44
Ashford Apartments at Betton HillsGardenia1BR,1BA$1.76
Reserve at MidtownExecutive 11BR,1BA$1.46
Campus Walk1-11BR,1BA$1.47

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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Quick Rent Budget Calculator

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
Downtown Tallahassee, Tallahassee, FL

Ranked #78

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Downtown Tallahassee, Tallahassee, FL

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of rentals in cities and towns across the United States including Downtown Tallahassee, Tallahassee, and the greater Tallahassee area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, multifamily communities for the kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Tallahassee Apartments

What is a cheap apartment in Downtown Tallahassee?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Tallahassee is under $1,699.

What is the price of a cheap apartment in Downtown Tallahassee?

The cheapest apartment in Downtown Tallahassee is Campus Walk which is listed at $882, while the average apartment in Downtown Tallahassee costs $1,425.

What types of apartments are the cheapest in Downtown Tallahassee?

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 9 regular apartments in Downtown Tallahassee 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 Downtown Tallahassee?

Cheap apartments in Downtown Tallahassee have an average cost of $632 which is $793 cheaper than the average rent for all rentals in Downtown Tallahassee.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.