
Cheap Homes for Rent in the Governors Square Neighborhood of Tallahassee, FL from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Governors Square area of Tallahassee.


436 Belmont Rd
Tallahassee's Best Affordable Neighborhoods
Learn about Tallahassee and the best places to live with original content written by Local Expert Allaire Williams

448 Belmont Rd

2331 Tina Dr
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1502 Belmont Trace
Governors Square, Tallahassee, FL Local Guide

How much does it cost to rent a home in Governors Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Governors Square 2 Bedroom Homes for Rent | $1,374 | $975 | $1,900 |
| Governors Square 3 Bedroom Homes for Rent | $1,829 | $1,495 | $2,100 |
| Governors Square 4 Bedroom Homes for Rent | $1,525 | $1,525 | $1,525 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Governors Square Neighborhood of Tallahassee, FL.
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Governors Square, Tallahassee, FL Local Guide
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Cheapest Available Governors Square Apartments for Rent
 The cheapest available apartment rental in the Governors Square area of Tallahassee, FL is a Studio unit found at Monarch Luxury Studio Apartments priced from $795. The Greens at Old St. Augustine has the second lowest priced unit, which is a 1 Bed apartment currently listed from $937. Here are the most affordable Governors Square apartments for rent in Tallahassee, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Monarch Luxury Studio Apartments | PILLAR STUDIO | Studio,1BA | $795 |
| The Greens at Old St. Augustine | A150 - 1 Bedroom, 1 Bathroom | 1BR,1BA | $937 |
| Renaissance Apartments at Capital Circle | 1 Bedroom 1 bathroom | 1BR,1BA | $995 |
Best Value Apartments for Rent in Governors Square, FL
As of August 17, 2026 the best value apartment in the Governors Square area is the $1.74 price per square foot B4 - The Torino Model at The Hills at Capital City in the in the Southwest Tallahassee neighborhood starting from $2,138. The second greatest value Governors Square apartment is the B1Mk - 2 Bedroom, 2 Bathroom Model at The Greens at Old St. Augustine starting at $1,492 with a $1.49 price per square foot in the Southwest Tallahassee neighborhood. Here is today’s list of the best values for Governors Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Hills at Capital City | B4 - The Torino | 2BR,2BA | $1.74 |
| The Greens at Old St. Augustine | B1Mk - 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.49 |
| Arbor View | Meridian | 1BR,1BA | $1.56 |
| 728 Pointe Ct, Unit D | 728 Pointe Ct | 2BR,1BA | $1.88 |
| Evergreens at Mahan | The Hermitage | 1BR,1BA | $1.70 |
| Renaissance Apartments at Capital Circle | 1 Bedroom 1 bathroom | 1BR,1BA | $1.33 |
| 2626 Park | 1 Bedroom + 1 Bath | 1BR,1BA | $1.54 |
| Tally Square Apartments | Capital | 1BR,1BA | $1.70 |
| Ridgewood Apartments | 1 bed 1 bath | 1BR,1BA | $1.84 |
| Parkway Square Apartments | The Bellini Studio | Studio ,1BA | $1.88 |
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.
Read ArticleReal 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.
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 LifestyleGovernors Square, Tallahassee, FL
Ranked #78
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Governors Square
What type of rentals are currently available in Governors Square?
There are currently 107 Apartments for Rent in Governors Square, FL with pricing that ranges from $795 to $2,227. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Governors Square ranging from $500 to $2,100.
What is the current price range for Rental Homes in Governors Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Governors Square ranges from $500 to $2,100 with an average monthly rent of $1,575.
How much are larger Three and Four Bedroom Rentals in Governors Square?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Governors Square range from $1,395 to $2,227, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $1,745.
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

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.

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

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