
Cheap Apartments for Rent in the Lake Ella Neighborhood of Tallahassee, FL from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Ella area of Tallahassee.


Swan Luxury Studio Apartments

Ashton Park Apartments

Total Monthly Price
Acasa High

Arive 850

Aspen Run I and II

Phoenix
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.

The Langston Apartments

Terra Lake Heights

Casanas Village At Frenchtown Square

Georgetown Apartments

Rolling Hills Apartments

Franklin Pointe

Tally Square Apartments
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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.
Lake Ella, Tallahassee, FL Local Guide

How much does it cost to rent an apartment in Lake Ella?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Ella Studio Apartments | $1,482 | $699 | $1,840 |
| Lake Ella 1 Bedroom Apartments | $1,043 | $700 | $2,086 |
| Lake Ella 2 Bedroom Apartments | $1,485 | $639 | $3,549 |
| Lake Ella 3 Bedroom Apartments | $1,450 | $559 | $4,200 |
| Lake Ella 4 Bedroom Apartments | $954 | $469 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Lake Ella Neighborhood of Tallahassee, FL.
See all Apartments in TallahasseeExplore Tallahassee
Lake Ella, Tallahassee, FL Local Guide
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Cheapest Available Lake Ella Apartments for Rent
 The cheapest available apartment rental in the Lake Ella area of Tallahassee, FL is a Studio unit found at The Social Seminole priced from $699. Swan Luxury Studio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Lake Ella apartments for rent in Tallahassee, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Social Seminole | Hovi Studio Upgraded Furnished | Studio,1BA | $699 |
| Swan Luxury Studio Apartments | Base Studio | 1BR,1BA | $795 |
| Ashton Park Apartments | 1/1S | 1BR,1BA | $799 |
| ReNew Tallahassee | 2-2 Adobe Renovated | 2BR,2BA | $849 |
| Acasa Ocala | 2 Bedroom, 2 Bath | 2BR,2BA | $850 |
Best Value Apartments for Rent in Lake Ella, FL
As of June 14, 2026 the best value apartment in the Lake Ella area is the $0.39 price per square foot 4 Bedroom 4 Bath Model at Hayden Commons in the in the Southwest Tallahassee neighborhood starting from $775. The second greatest value Lake Ella apartment is the Presidential Model at Tally Square Apartments starting at $1,745 with a $0.97 price per square foot in the Southwest Tallahassee neighborhood. Here is today’s list of the best values for Lake Ella apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hayden Commons | 4 Bedroom 4 Bath | 4BR,4BA | $0.39 |
| Tally Square Apartments | Presidential | 4BR,2BA | $0.97 |
| The Venetian Student Living | 4x4 Furnished Flat | 4BR,4BA | $0.33 |
| Polo Club Tallahassee | 3-3th | 3BR,3BA | $0.59 |
| The Social Seminole | Osceola Furnished | 4BR,2BA | $0.39 |
| The Luxe on West Call | D2 Premium | 4BR,4BA | $0.77 |
| The Locale Tallahassee | Student Housing | C1 | 3BR,3BA | $0.85 |
| Acasa Ocala | 2 Bedroom, 2 Bath | 2BR,2BA | $0.88 |
| Aspen Run I and II | Aspen Somerset | 1BR,1BA | $1.07 |
| Legacy Student Living | B1 Floor Plan | 2BR,2BA | $1.07 |
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 LifestyleLake Ella, Tallahassee, FL
Ranked #11
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Lake Ella Apartments
What is a cheap apartment in Lake Ella?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Ella is under $950.
What is the price of a cheap apartment in Lake Ella?
The cheapest apartment in Lake Ella is Swan Luxury Studio Apartments which is listed at $795, while the average apartment in Lake Ella costs $1,699.
What types of apartments are the cheapest in Lake Ella?
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 160 regular apartments in Lake Ella 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 Lake Ella?
Cheap apartments in Lake Ella have an average cost of $529 which is $1,170 cheaper than the average rent for all rentals in Lake Ella.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.