Cheap Apartments for Rent in the Downtown Tallahassee Neighborhood of Tallahassee, FL from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Tallahassee area of Tallahassee.

417 Walker St

700 N Calhoun St

Casanas Village At Frenchtown Square

Georgetown Apartments

1943 Dawsey St

312 Wood Grove Ct

Lafayette Gardens
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Franklin Pointe

Phoenix

1433 N Adams St

Reserve at Midtown

LondonTown @ Midtown
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PENSACOLA ARMS: One Bedroom Apartments in the Heart of FSU's Campus
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Luxury, Location, and Convenience here at 110 Broward Street Apartments
Tallahassee's Best Affordable Neighborhoods
Learn about Tallahassee and the best places to live with original content written by Local Expert Allaire Williams
Downtown Tallahassee, Tallahassee, FL Local Guide

How much does it cost to rent an apartment in Downtown Tallahassee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Tallahassee Studio Apartments | $1,459 | $1,005 | $1,799 |
| Downtown Tallahassee 1 Bedroom Apartments | $1,620 | $700 | $2,500 |
| Downtown Tallahassee 2 Bedroom Apartments | $1,626 | $699 | $3,375 |
| Downtown Tallahassee 3 Bedroom Apartments | $1,462 | $639 | $3,549 |
| Downtown Tallahassee 4 Bedroom Apartments | $1,612 | $924 | $5,765 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Downtown Tallahassee Neighborhood of Tallahassee, FL.
See all Apartments in TallahasseeExplore Tallahassee
Downtown Tallahassee, Tallahassee, FL Local Guide
- Nearby Tallahassee neighborhoods
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Cheapest Available Downtown Tallahassee Apartments for Rent
 The cheapest available apartment rental in the Downtown Tallahassee area of Tallahassee, FL is a 3 Beds unit found at Campus Row priced from $639. GrandMarc at Tallahassee has the second lowest priced unit, which is a 4 Beds apartment currently listed from $829. Here are the most affordable Downtown Tallahassee apartments for rent in Tallahassee, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus Row | Three Bedroom Two Bath Row | 3BR,2BA | $639 |
| GrandMarc at Tallahassee | D2 | 4BR,4BA | $829 |
| Casanas Village At Frenchtown Square | 1 Bed, 1 bath | 1BR,1BA | $967 |
| Georgetown Apartments | 1/1 Remodeled | 1BR,1BA | $975 |
| Lafayette Gardens | 1bd | 1BR,1BA | $978 |
| Franklin Pointe | Redbud | Studio,1BA | $1,005 |
| Reserve at Midtown | Meridian | 1BR,1BA | $1,159 |
| 830 E Park Ave | 2/1.5 Upgrade | 1BR,1BA | $1,250 |
| LondonTown @ Midtown | Kensington | 2BR,1BA | $1,415 |
| Acasa Bainbridge | 3 Bed 2 Bath | 3BR,2BA | $1,425 |
Best Value Apartments for Rent in Downtown Tallahassee, FL
As of December 06, 2025 the best value apartment in the Downtown Tallahassee area is the $1.42 price per square foot 4 Bed 2 Bath Model at Acasa Bainbridge in the in the Southwest Tallahassee neighborhood starting from $1,550. The second greatest value Downtown Tallahassee apartment is the Kensington Model at LondonTown @ Midtown starting at $1,415 with a $1.33 price per square foot in the Central District neighborhood. Here is today’s list of the best values for Downtown Tallahassee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Acasa Bainbridge | 4 Bed 2 Bath | 4BR,2BA | $1.42 |
| LondonTown @ Midtown | Kensington | 2BR,1BA | $1.33 |
| GrandMarc at Tallahassee | B2-Prem | 2BR,2BA | $1.09 |
| Vine Betton | 2 Beds, 2 Baths | 2BR,2BA | $2.22 |
| Campus Row | Two Bedroom Two Bath Renovated Furnished | 2BR,2BA | $1.07 |
| Reserve at Midtown | Meridian | 1BR,1BA | $1.45 |
| Georgetown Apartments | 1/1 Remodeled | 1BR,1BA | $1.26 |
| Lafayette Gardens | 1bd | 1BR,1BA | $1.38 |
| 830 E Park Ave | 2/1.5 Upgrade | 1BR,1BA | $1.79 |
| Casanas Village At Frenchtown Square | 1 Bed, 1 bath | 1BR,1BA | $1.43 |
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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Read ArticleQuick 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.
Pet Friendly LifestyleDowntown Tallahassee, Tallahassee, FL
Ranked #71
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $1,425.
What is the price of a cheap apartment in Downtown Tallahassee?
The cheapest apartment in Downtown Tallahassee is Casanas Village At Frenchtown Square which is listed at $967, while the average apartment in Downtown Tallahassee costs $10,401.
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 32 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 $694 which is $9,707 cheaper than the average rent for all rentals in Downtown Tallahassee.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods in Tallahassee
Written by: Allaire Williams
I’m Allaire, your ApartmentHomeLiving.com Local Expert for Tallahassee, Florida. I’ve been living here for the past 5 years and it seems to change by the month.

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





















