Cheap Apartments for Rent in the Lafayette Neighborhood of Tallahassee, FL from $500 (50 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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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

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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St Augustine Hills
1 to 2 Bedroom Apartments

St Augustine Hills

2415 Old Saint Augustine RdTallahassee, FL 32301
  • Utilities Included
property at 2458 Goldenrod Wy

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

Studio, 1 Bath Home for Rent

Available Now

2458 Goldenrod Wy

TallahasseeFL32311
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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

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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property at 1873 Larette Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 2 Bath Home for Rent

Available Now

1873 Larette Dr

TallahasseeFL32301
property at 1506 Twin Lakes Cir

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

1506 Twin Lakes Cir

TallahasseeFL32311
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Darryl Drive Duplex
2 Bedroom Apartments

Darryl Drive Duplex

1872 Darryl DrTallahassee, FL 32301
Student Housing

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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Showing Results 1-50, 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 $795. 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 ApartmentsPILLAR STUDIOStudio,1BA$795
Ridgewood ApartmentsstudioStudio,1BA$875
Glen Oaks ApartmentsB12BR,2BA$899
The Greens at Old St. AugustineA150 - 1 Bedroom, 1 Bathroom1BR,1BA$987
Parkway Square ApartmentsThe Bellini StudioStudio,1BA$999
Brookwood1 Bedroom, 1 Bath1BR,1BA$1,175
Brookestone Senior ResidencesGardenia2BR,2BA$1,238
2626 Park2 Bedrooms + 2 Baths2BR,2BA$1,312
Evergreens at MahanThe Hermitage1BR,1BA$1,345
Westcott Apartments1 x 1 B1BR,1BA$1,355

Best Value Apartments for Rent in Lafayette, FL

As of July 11, 2026 the best value apartment in the Lafayette area is the $1.32 price per square foot 1 Bedroom Model at Capital Grand in the in the Southeast Tallahassee neighborhood starting from $1,611. The second greatest value Lafayette apartment is the 1x1 Model at Grove Park Apartments starting at $1,635 with a $1.34 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.
Capital Grand1 Bedroom1BR,1BA$1.32
Grove Park Apartments1x11BR,1BA$1.34
Covey Homes TallahasseeCaraway2BR,2BA$1.71
Apalachee PointB12BR,2BA$1.68
2626 Park2 Bedrooms + 2 Baths2BR,2BA$1.30
Glen Oaks ApartmentsB1 - Renovated2BR,2BA$1.08
Brookestone Senior ResidencesGardenia2BR,2BA$1.34
Arbor ViewMeridian1BR,1BA$1.56
Westcott Apartments1 x 1 B1BR,1BA$1.54
The Greens at Old St. AugustineA150 - 1 Bedroom, 1 Bathroom1BR,1BA$1.32

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
Lafayette, Tallahassee, FL

Ranked #64

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 $795.

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

The lowest price for a Cheap One Bedroom Lafayette Apartment is $987 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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.