Cheap Apartments for Rent in the Old Town Neighborhood of Tallahassee, FL from $600 (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Old Town area of Tallahassee.

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.

Read Article

Tallahassee's Best Affordable Neighborhoods

Learn about Tallahassee and the best places to live with original content written by Local Expert Allaire Williams

Read Article

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-30, Page 1 of 1

Old Town, Tallahassee, FL Local Guide

Cheapest Available Old Town Apartments for Rent

 

The cheapest available apartment rental in the Old Town area of Tallahassee, FL is a 1 Bed unit found at Altura Student Living priced from $650. 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 Old Town apartments for rent in Tallahassee, FL:

Apartment ListingModel NameBed/BathPriced From
Altura Student LivingNon Private Entrance1BR,1BA$650
Swan Luxury Studio ApartmentsBase Studio1BR,1BA$795
Ashton Grove Apartments1/1S1BR,1BA$815
Gardens at South City1x11BR,1BA$815
Rolling Hills Apartments1 bed / 1 bath flat 777 sqft at Rolling Hills1BR,1BA$849
Campus Walk1-1w1BR,1BA$874
Phoenix South @ FSUJefferson ArmsStudio,$875
Ashton Place Apartments1/1M1BR,1BA$890
Glen Oaks ApartmentsB12BR,2BA$899
Talla-Villa Apartments1 Bed, 1 bath1BR,1BA$900

Best Value Apartments for Rent in Old Town, FL

As of June 25, 2025 the best value apartment in the Old Town area is the $1.21 price per square foot Winthrop Model at Arbor View in the in the Southeast Tallahassee neighborhood starting from $1,389. The second greatest value Old Town apartment is the 3x2 Model at The Vue @ 322 starting at $835 with a $0.76 price per square foot in the Southwest Tallahassee neighborhood. Here is today’s list of the best values for Old Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbor ViewWinthrop2BR,2BA$1.21
The Vue @ 3223x23BR,2BA$0.76
Reserve at MidtownLiberty 12BR,2BA$1.07
Tally Square Apartments1/1L1BR,1BA$1.20
Rolling Hills Apartments2 bed / 1.5 bath flat 966 sqft at Rolling Hills2BR,1.5BA$1.11
Glen Oaks ApartmentsB12BR,2BA$0.94
Gardens at South City1x11BR,1BA$0.99
Talla-Villa Apartments1 Bed, 1 bath1BR,1BA$1.21
Casanas Village At Frenchtown Square1 Bed, 1 bath1BR,1BA$1.37
Topaz GroveMessina1BR,1BA$1.44

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Old Town, Tallahassee, FL

Ranked #7

Among neighborhoods in Tallahassee, FL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Old Town, Tallahassee, FL

School data provided by Great Schools

Getting Around the Old Town Neighborhood in Tallahassee, FL

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Old Town Apartments

What is a cheap apartment in Old Town?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town is under $900.

What is the price of a cheap apartment in Old Town?

The cheapest apartment in Old Town is Altura Student Living which is listed at $650, while the average apartment in Old Town costs $1,430.

What types of apartments are the cheapest in Old Town?

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 138 regular apartments in Old Town 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 Old Town?

Cheap apartments in Old Town have an average cost of $426 which is $1,004 cheaper than the average rent for all rentals in Old Town.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Tallahassee article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.