
Cheap Apartments for Rent in the Magnolia Neighborhood of Tallahassee, FL from $600 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Magnolia area of Tallahassee.


Altura

Total Monthly Price
Ironwood at Levy

Monarch Luxury Studio Apartments

Ridgewood Apartments

Phoenix

Glen Oaks Apartments

Talla-Villa Apartments

Terra Lake Heights
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.

Casanas Village At Frenchtown Square

Rolling Hills Apartments

Franklin Pointe

Tally Square Apartments

Parkway Square Apartments

705 E College Ave

318-330 W Harrison St

Ekos Magnolia Oaks

Reserve at Midtown
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.

Capital Luxury Condominiumns

Edge at 401

Total Monthly Price
Acasa Bainbridge

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Live Oaks @ 275

2626 Park

Miccosukee Arms

Brookwood

The Crossing at 2600

The Park at Bristol
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.

Total Monthly Price
LondonTown @ Midtown

Blairstone Apartment Homes

Alexis Chase

MAA Oak Grove

Total Monthly Price
Canyon Park

Azalea Place

Ashford Apartments at Betton Hills

Total Monthly Price
Capital Place at Southwood

Arbor View
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.

The Hills at Capital City

The Oasis at 1800

Industry Tallahassee

Millstream at Cascades

Park Avenue Apartments

307 Vantage Point Ln

Broward Park Apartment

830 E Park Ave

Magnolia Villas
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

723 E Tennessee St

133 Oak St
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 | $1,036 | $795 | $1,815 |
| Magnolia 1 Bedroom Apartments | $1,193 | $650 | $2,275 |
| Magnolia 2 Bedroom Apartments | $1,608 | $603 | $3,549 |
| Magnolia 3 Bedroom Apartments | $1,641 | $945 | $4,200 |
| Magnolia 4 Bedroom Apartments | $1,108 | $775 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 47 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 Ironwood at Levy priced from $795. Monarch Luxury Studio Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Magnolia apartments for rent in Tallahassee, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ironwood at Levy | One Bedroom One Bath | 1BR,1BA | $795 |
| Monarch Luxury Studio Apartments | PILLAR STUDIO | Studio,1BA | $795 |
| Ridgewood Apartments | studio | Studio,1BA | $875 |
| Phoenix | Jefferson Arms | Studio, | $895 |
| Glen Oaks Apartments | B1 | 2BR,2BA | $899 |
| Terra Lake Heights | A1 | 1BR,1BA | $950 |
| Lafayette Gardens | A1 | 1BR,1BA | $993 |
| Parkway Square Apartments | The Bellini Studio | Studio,1BA | $999 |
| 318-330 W Harrison St | A | 2BR,1BA | $1,000 |
| Reserve at Midtown | Meridian | 1BR,1BA | $1,009 |
Best Value Apartments for Rent in Magnolia, FL
As of June 19, 2026 the best value apartment in the Magnolia 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 Magnolia 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 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 | $0.39 |
| Tally Square Apartments | Presidential | 4BR,2BA | $0.97 |
| The Park at Bristol | 4 Bedroom / 4 Bathroom Platinum | 4BR,4BA | $0.95 |
| The Luxe on West Call | D2 Premium | 4BR,4BA | $0.77 |
| Casanas Village At Frenchtown Square | 3 Beds, 2 baths | 3BR,2BA | $1.16 |
| Acasa Bainbridge | 4 Bed 2 Bath | 4BR,2BA | $1.10 |
| Campus Row | Three Bedroom Two Bath Row Furnished Renovated | 3BR,2BA | $0.73 |
| Ekos Magnolia Oaks | B1 - 60 | 2BR,2BA | $1.26 |
| Glen Oaks Apartments | B1 - Renovated | 2BR,2BA | $1.08 |
| Reserve at Midtown | Meridian | 1BR,1BA | $1.26 |
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 LifestyleMagnolia, Tallahassee, FL
Ranked #9
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 the Cheapest Studio apartment in Magnolia?
Currently the most affordable Cheap Studio Apartment in Magnolia is at Monarch Luxury Studio Apartments listed at $795.
How much is rent for a Cheap One Bedroom Magnolia Apartment?
The lowest price for a Cheap One Bedroom Magnolia Apartment is $795 at Ironwood at Levy.
What is the lowest price for a Cheap Two Bedroom Magnolia Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Magnolia is starting from $899 at Glen Oaks Apartments.
What is the most affordable Magnolia Three Bedroom Apartment?
The best deal on a cheap Magnolia 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

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.

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.

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.