Cheap Apartments for Rent in the Old Town Neighborhood of Tallahassee, FL from $500 (50 Rentals)

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

Tallahassee's Best Affordable Neighborhoods

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

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Live Oaks @ 275
$999 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,600

Total Monthly Price
$999 - $1,600
1 to 4 Bedroom Apartments Available Now

Live Oaks @ 275

275 John Knox RdTallahassee, FL 32303
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Acasa Bainbridge
$1,075 - $1,550
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Total Monthly Price

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$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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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 Sep 15

LondonTown @ Midtown

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

Total Monthly Price

Base Rent
$1,346 - $1,676

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1 to 3 Bedroom Apartments Available Now

Canyon Park

1325 W Tharpe StTallahassee, FL 32303
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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.

property at 534 E Call St

$1,500 - $1,750

1 To 2 Bedroom Rentals

Available Now

534 E Call St

TallahasseeFL32301

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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 Magnolia Oaks priced from $502. 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
Magnolia Oaks1 Bedroom, 1 Bathroom1BR,1BA$502
Monarch Luxury Studio ApartmentsPILLAR STUDIOStudio,1BA$795
Ashton Park Apartments1/1S1BR,1BA$799
PhoenixJefferson ArmsStudio,$895
Topaz GroveMessina1BR,1BA$985
Live Oaks @ 2751x1MR1BR,1BA$999
Tally Square ApartmentsCapital1BR,1BA$999
Parkway Square ApartmentsThe Bellini StudioStudio,1BA$999
Glen Oaks ApartmentsC13BR,2BA$1,039
Reserve at MidtownMeridian1BR,1BA$1,059

Best Value Apartments for Rent in Old Town, FL

As of August 20, 2026 the best value apartment in the Old Town area is the $0.35 price per square foot 4 Bedroom 4 Bath Model at Hayden Commons in the in the Southwest Tallahassee neighborhood starting from $699. The second greatest value Old Town apartment is the C2 Model at The Luxe on West Call starting at $966 with a $0.82 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$0.35
The Luxe on West CallC23BR,3BA$0.82
Gardens at South City2x22BR,2BA$1.28
Acasa Bainbridge4 Bed 2 Bath4BR,2BA$1.10
MAA Oak GroveThe Belmont2BR,2BA$1.29
Magnolia Oaks2 Bedroom, 2 Bathroom2BR,2BA$1.26
Glen Oaks ApartmentsB1 - Renovated2BR,2BA$1.12
Reserve at MidtownMeridian1BR,1BA$1.32
Live Oaks @ 2751x1MR1BR,1BA$1.43
Topaz GroveMessina1BR,1BA$1.46

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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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 $1,059.

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

The cheapest apartment in Old Town is Magnolia Oaks which is listed at $502, while the average apartment in Old Town costs $1,400.

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 $403 which is $997 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.

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