FSU, Tallahassee, FL Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in FSU is $2,688, a 5.61% increase compared to the previous year, when the average rent was $2,545.
Studio Apartments at $1,062 offer the most budget-friendly option with 307 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 575 square feet for $1,336, balancing privacy and affordability.
Two-beedroom units at $2,171 offer 896 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,180 sq ft) for $3,072, suitable for larger households.
Average rent in FSU, Tallahassee, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,688 | 996 sq. ft. |
| Studio | $1,062 | 307 sq. ft. |
| 1 Bed | $1,336 | 575 sq. ft. |
| 2 Beds | $2,171 | 896 sq. ft. |
| 3 Beds | $3,072 | 1,180 sq. ft. |
FSU, Tallahassee, FL rent trends
Rental prices in FSU, Tallahassee, FL have increased by 5.61% over the past year. The average rent moved from $2,545 to $2,688.
What's the typical rent budget in FSU, Tallahassee, FL?
The largest share of rentals in FSU, Tallahassee, FL (29%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in FSU, Tallahassee, FL?
1,939 or 87% of the households in FSU, Tallahassee, FL are renter-occupied while 289 or 13% are owner-occupied.
Most affordable neighborhoods in FSU?
Innovation Park $907/month
Killearn $1,224/month
Wellswood - Suburban Hills $1,293/month
All of these neighborhoods fall below the city wide average of $1,760/month.Most expensive neighborhoods in FSU?
Bloxham Terrace $1,825/month
Frenchtown $1,825/month
FSU $2,688/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Tallahassee, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| FSU | $2,688 |
| Frenchtown | $1,825 |
| Bloxham Terrace | $1,825 |
| Midtown Tallahassee | $1,796 |
| Downtown Tallahassee | $1,785 |
| Southwood | $1,764 |
| Chaires | $1,711 |
| Apalachee Ridge | $1,698 |
| Piney Z | $1,540 |
| Melody Hills | $1,539 |
| Indianhead-Lehigh | $1,470 |
| Betton Hills | $1,374 |
| Camelot Park | $1,366 |
| Oak Ridge | $1,318 |
| Wellswood - Suburban Hills | $1,293 |
| Killearn | $1,224 |
| Innovation Park | $907 |
Tallahassee | Rent Comparison by Neighborhood
Rent in FSU is 58% higher than in Apalachee Ridge
FSU rent is the same as Tallahassee average
Apalachee Ridge rent is 37% lower than Tallahassee average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all FSU apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.