Cheap Homes for Rent in Downtown Tallahassee Neighborhood of Tallahassee, FL from $700 (27 Rentals)

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

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.

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.

property at 511 N Monroe St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

511 N Monroe St

TallahasseeFL32301
property at 515 N Monroe St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

515 N Monroe St

TallahasseeFL32301
property at 515.5 N Monroe St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

515.5 N Monroe St

TallahasseeFL32301
property at 1217 N Martin Luther King Jr Blvd.

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 1104 Volusia St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

1104 Volusia St

TallahasseeFL32304

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 Campus Row priced from $739. GrandMarc at Tallahassee has the second lowest priced unit, which is a 4 Beds apartment currently listed from $749. Here are the most affordable Downtown Tallahassee apartments for rent in Tallahassee, FL:

Apartment ListingModel NameBed/BathPriced From
Campus RowTwo Bedroom Two Bath2BR,2BA$739
GrandMarc at TallahasseeD24BR,4BA$749
Campus Walk1-1w1BR,1BA$805
PhoenixJefferson ArmsStudio,$875
Franklin PointeRedbudStudio,1BA$1,049
Luxury, Location, and Convenience here at 110 Broward Street Apartments1/1 Standard without WD1BR,1BA$1,050
Reserve at MidtownExecutive 11BR,1BA$1,059
Acasa Bainbridge3 Bed 3 Bath3BR,3BA$1,075
Georgetown Apartments3/2 Apartment3BR,2BA$1,150
Casanas Village At Frenchtown Square2 Beds, 2 baths2BR,2BA$1,166

Best Value Apartments for Rent in Downtown Tallahassee, FL

As of May 05, 2026 the best value apartment in the Downtown Tallahassee area is the $1.34 price per square foot Wimbledon Model at LondonTown @ Midtown in the in the Central District neighborhood starting from $1,605. The second greatest value Downtown Tallahassee apartment is the 3 Beds, 2 baths Model at Casanas Village At Frenchtown Square starting at $1,354 with a $1.16 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.
LondonTown @ MidtownWimbledon2BR,2BA$1.34
Casanas Village At Frenchtown Square3 Beds, 2 baths3BR,2BA$1.16
Georgetown Apartments2/1.5 Townhouse2BR,1.5BA$1.09
Acasa Bainbridge4 Bed 2 Bath4BR,2BA$1.10
The RoweD14BR,2BA$0.90
Steeple Club ApartmentsNewport2BR,2BA$1.59
Campus RowTwo Bedroom Two Bath Renovated Furnished2BR,2BA$1.07
Reserve at MidtownExecutive 11BR,1BA$1.47
The Lofts at Lake Ella1x1 Downstairs1BR,1BA$1.71
Campus Walk1-11BR,1BA$1.48

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

Read Article
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 #63

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Downtown Tallahassee, Tallahassee, FL

Frequently Asked Questions about Downtown Tallahassee

What type of rentals are currently available in Downtown Tallahassee?

There are currently 321 Apartments for Rent in Downtown Tallahassee, FL with pricing that ranges from $552 to $14,469. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Tallahassee ranging from $775 to $4,650.

What is the current price range for Rental Homes in Downtown Tallahassee?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Tallahassee ranges from $775 to $4,650 with an average monthly rent of $2,009.

How much are larger Three and Four Bedroom Rentals in Downtown Tallahassee?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Tallahassee range from $759 to $4,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,850. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $924.

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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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.