
Cheap Apartments for Rent in the Magnolia Neighborhood of Tallahassee, FL from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia area of Tallahassee.


Monarch Luxury Studio Apartments

Ridgewood Apartments

Phoenix

Glen Oaks Apartments

Talla-Villa Apartments
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.

Lafayette Gardens

Terra Lake Heights

A University View

Casanas Village At Frenchtown Square

Georgetown Apartments

Franklin Pointe

Parkway Square Apartments
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.

705 E College Ave

318-330 W Harrison St

Edge at 401

Rolling Hills Apartments

Live Oaks @ 275

Tally Square Apartments

Reserve at Midtown
Tallahassee's Best Affordable Neighborhoods
Learn about Tallahassee and the best places to live with original content written by Local Expert Allaire Williams

2626 Park

Brookwood

LondonTown @ Midtown

Miccosukee Arms

Park Avenue Apartments

Luxury, Location, and Convenience here at 110 Broward Street Apartments

Magnolia Villas
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.
Magnolia, Tallahassee, FL Local Guide

How much does it cost to rent an apartment in Magnolia?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Magnolia Studio Apartments | $980 | $845 | $1,815 |
| Magnolia 1 Bedroom Apartments | $1,371 | $600 | $2,500 |
| Magnolia 2 Bedroom Apartments | $1,518 | $699 | $3,695 |
| Magnolia 3 Bedroom Apartments | $1,545 | $639 | $4,200 |
| Magnolia 4 Bedroom Apartments | $1,321 | $799 | $1,745 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Magnolia Neighborhood of Tallahassee, FL.
See all Apartments in TallahasseeExplore Tallahassee
Magnolia, Tallahassee, FL Local Guide
- Nearby Tallahassee neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Magnolia Apartments for Rent
 The cheapest available apartment rental in the Magnolia area of Tallahassee, FL is a 1 Bed unit found at Altura Student Living priced from $600. Campus Row has the second lowest priced unit, which is a 3 Beds apartment currently listed from $639. Here are the most affordable Magnolia apartments for rent in Tallahassee, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Altura Student Living | Shared Furnished 4/4 with private 1-bedroom, 1-... | 1BR,1BA | $600 |
| Campus Row | Three Bedroom Two Bath Row | 3BR,2BA | $639 |
| Campus Walk | 1-1w | 1BR,1BA | $815 |
| Monarch Luxury Studio Apartments | THE PILLAR | Studio,1BA | $845 |
| Phoenix | Jefferson Arms | Studio, | $875 |
| Altera 3100 | 1 Beds, 1 Baths | Studio,1BA | $895 |
| Glen Oaks Apartments | B1 | 2BR,2BA | $899 |
| Talla-Villa Apartments | 1 Bed, 1 bath | 1BR,1BA | $900 |
| Terra Lake Heights | A1 | 1BR,1BA | $950 |
| Franklin Pointe | Redbud | Studio,1BA | $999 |
Best Value Apartments for Rent in Magnolia, FL
As of January 27, 2026 the best value apartment in the Magnolia area is the $0.41 price per square foot 4 Bedroom 4 Bath Model at Hayden Commons in the in the Southwest Tallahassee neighborhood starting from $825. The second greatest value Magnolia apartment is the Non Private Entrance Model at Altura Student Living starting at $750 with a $0.47 price per square foot in the Southwest Tallahassee neighborhood. Here is today’s list of the best values for Magnolia 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 | $0.41 |
| Altura Student Living | Non Private Entrance | 1BR,1BA | $0.47 |
| The Park at Bristol | 4 Bedroom / 4 Bathroom Platinum | 4BR,4BA | $1.02 |
| Arbor View | Lake Ella | 2BR,2BA | $1.30 |
| Georgetown Apartments | 3/2 Apartment | 3BR,2BA | $1.16 |
| Glen Oaks Apartments | C1 - Renovated | 3BR,2BA | $0.95 |
| Acasa Bainbridge | 4 Bed 2 Bath | 4BR,2BA | $1.42 |
| Tally Square Apartments | 1/1L | 1BR,1BA | $1.11 |
| Campus Row | Two Bedroom Two Bath Renovated Furnished | 2BR,2BA | $1.07 |
| Talla-Villa Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.21 |
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 ArticleThe 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.
Read ArticleCash 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.
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 LifestyleMagnolia, Tallahassee, FL
Ranked #10
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Magnolia Apartments
What is a cheap apartment in Magnolia?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Magnolia is under $999.
What is the price of a cheap apartment in Magnolia?
The cheapest apartment in Magnolia is Altura Student Living which is listed at $600, while the average apartment in Magnolia costs $1,475.
What types of apartments are the cheapest in Magnolia?
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 78 regular apartments in Magnolia 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 Magnolia?
Cheap apartments in Magnolia have an average cost of $511 which is $964 cheaper than the average rent for all rentals in Magnolia.
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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
