Cheap Apartments for Rent in the Lafayette Neighborhood of Tallahassee, FL from $500 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lafayette 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.

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property at 1321 Kings Dr

$1,300

Studio Rentals

Available Now

1321 Kings Dr

TallahasseeFL32301

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.

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Rockbrook
2 Bedroom Apartments

Rockbrook

3719 Rockbrook DrTallahassee, FL 32311
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Altera 3100
Studio Apartments

Altera 3100

3100 Apalachee PkyTallahassee, FL 32311
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St Augustine Hills
1 to 2 Bedroom Apartments

St Augustine Hills

2415 Old Saint Augustine RdTallahassee, FL 32301
  • Utilities Included

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.

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Castle Apartments
2 Bedroom Apartments

Castle Apartments

2902 Battle Mountain RdTallahassee, FL 32301
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Park Avenue Villas
1 to 2 Bedroom Apartments

Park Avenue Villas

2102 E Park AveTallahassee, FL 32301

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-41, Page 1 of 1

Lafayette, Tallahassee, FL Local Guide

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in the Lafayette area of Tallahassee, FL is a Studio unit found at Monarch Luxury Studio Apartments priced from $845. Ridgewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Lafayette apartments for rent in Tallahassee, FL:

Apartment ListingModel NameBed/BathPriced From
Monarch Luxury Studio ApartmentsTHE PILLARStudio,1BA$845
Ridgewood ApartmentsstudioStudio,1BA$875
Glen Oaks ApartmentsB12BR,2BA$899
Parkway Square ApartmentsThe Bellini StudioStudio,1BA$999
The Greens at Old St. AugustineA180 - 1 Bedroom, 1 Bathroom1BR,1BA$1,018
Renaissance Apartments at Capital Circle1 Bedroom 1 bathroom1BR,1BA$1,095
2626 Park1 Bedroom + 1 Bath1BR,1BA$1,121
Brookestone Senior ResidencesGardenia2BR,2BA$1,163
Brookwood1 Bedroom. 1 Bath1BR,1BA$1,175
Park Avenue Villas1 Bedroom Partial Renovation1BR,1BA$1,275

Best Value Apartments for Rent in Lafayette, FL

As of April 12, 2026 the best value apartment in the Lafayette area is the $0.97 price per square foot 2x2 +Den Model at Grove Park Apartments in the in the Southeast Tallahassee neighborhood starting from $1,665. The second greatest value Lafayette apartment is the 1 Bedroom Model at Capital Grand starting at $1,491 with a $1.22 price per square foot in the Southeast Tallahassee neighborhood. Here is today’s list of the best values for Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grove Park Apartments2x2 +Den2BR,2BA$0.97
Capital Grand1 Bedroom1BR,1BA$1.22
Glen Oaks ApartmentsB12BR,2BA$0.94
Brookestone Senior ResidencesGardenia2BR,2BA$1.26
Arbor ViewMeridian1BR,1BA$1.56
Azalea PlaceOrchid1BR,1BA$1.50
The Westcott Apartments1 A1BR,1BA$1.58
The Greens at Old St. AugustineA180 - 1 Bedroom, 1 Bathroom1BR,1BA$1.36
Renaissance Apartments at Capital Circle1 Bedroom 1 bathroom1BR,1BA$1.46
2626 Park1 Bedroom + 1 Bath1BR,1BA$1.50

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
Lafayette, Tallahassee, FL

Ranked #69

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Lafayette, Tallahassee, FL

School data provided by Great Schools

Frequently Asked Questions about Cheap Lafayette Apartments

What is the Cheapest Studio apartment in Lafayette?

Currently the most affordable Cheap Studio Apartment in Lafayette is at Monarch Luxury Studio Apartments listed at $845.

How much is rent for a Cheap One Bedroom Lafayette Apartment?

The lowest price for a Cheap One Bedroom Lafayette Apartment is $1,018 at The Greens at Old St. Augustine.

What is the lowest price for a Cheap Two Bedroom Lafayette Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lafayette is starting from $899 at Glen Oaks Apartments.

What is the most affordable Lafayette Three Bedroom Apartment?

The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Glen Oaks Apartments and starts from $999.

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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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.