Cheap Apartments for Rent in the Old Town Neighborhood of Tallahassee, FL from $600 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Town 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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Acasa Bainbridge
$1,075 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,075 - $1,550
Total Monthly Price
$1,075 - $1,550
3 to 4 Bedroom Apartments Available Now

Acasa Bainbridge

1600 Old Bainbridge RdTallahassee, FL 32303
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Live Oaks @ 275
$1,080 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $1,600
Total Monthly Price
$1,080 - $1,600
1 to 4 Bedroom Apartments Available Now

Live Oaks @ 275

275 John Knox RdTallahassee, FL 32303
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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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LondonTown @ Midtown
$1,280 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $1,850
Total Monthly Price
$1,280 - $1,850
1 to 3 Bedroom Apartments Available Aug 10

LondonTown @ Midtown

2039 N Meridian RdTallahassee, FL 32303
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Canyon Park
$1,346 - $1,676
Total Monthly Price

Total Monthly Price

Base Rent
$1,346 - $1,676
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Canyon Park

1325 W Tharpe StTallahassee, FL 32303
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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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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 1-47, 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 Swan Luxury Studio Apartments 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 Old Town apartments for rent in Tallahassee, FL:

Apartment ListingModel NameBed/BathPriced From
Swan Luxury Studio ApartmentsBase Studio1BR,1BA$795
Monarch Luxury Studio ApartmentsPILLAR STUDIOStudio,1BA$795
Ashton Park Apartments1/1S1BR,1BA$799
Ironwood at LevyOne Bedroom One Bath1BR,1BA$825
PhoenixJefferson ArmsStudio,$895
Glen Oaks ApartmentsB12BR,2BA$899
Terra Lake HeightsA11BR,1BA$950
Lafayette GardensA11BR,1BA$993
Franklin PointePalm1BR,1BA$995
Tally Square ApartmentsCapital1BR,1BA$999

Best Value Apartments for Rent in Old Town, FL

As of July 06, 2026 the best value apartment in the Old Town 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 Old Town apartment is the D2 Premium Model at The Luxe on West Call starting at $911 with a $0.77 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.
Hayden Commons4 Bedroom 4 Bath4BR,4BA$0.39
The Luxe on West CallD2 Premium4BR,4BA$0.77
Casanas Village At Frenchtown Square3 Beds, 2 baths3BR,2BA$1.16
Gardens at South City2x22BR,2BA$1.28
Acasa Bainbridge4 Bed 2 Bath4BR,2BA$1.10
2626 Park2 Bedrooms + 2 Baths2BR,2BA$1.30
Topaz GroveTuscany2BR,2BA$1.15
Glen Oaks ApartmentsB1 - Renovated2BR,2BA$1.08
Legacy Student LivingB1 Floor Plan2BR,2BA$1.04
Reserve at MidtownMeridian1BR,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.

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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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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
Old Town, Tallahassee, FL

Ranked #11

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Old Town, Tallahassee, FL

School data provided by Great Schools

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 $999.

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

The cheapest apartment in Old Town is Swan Luxury Studio Apartments which is listed at $795, while the average apartment in Old Town costs $1,567.

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 60 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 $481 which is $1,086 cheaper than the average rent for all rentals in Old Town.

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

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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

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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.