Starting at $999 Per Month
- Studio - 3 Beds
2855 Apalachee Pkwy, Tallahassee, FL 32301
Move in by May 30th and receive $500.00 off of three months' rent.
Parkway Square Apartments
(850) 629-6252
Frequently Asked Questions
How much does it cost to rent a home in Tallahassee, FL?
The median rent for a home in Tallahassee, FL is $1,550 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Tallahassee, FL?
To comfortably afford the median rent in Tallahassee, FL, a household needs to earn roughly $62,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,550 per month in Tallahassee, FL, renters typically need to show $4,650 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Tallahassee, FL?
In Tallahassee, FL, the price-to-rent ratio is 16.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Tallahassee, FL are best for renting a home?
The best neighborhood for renting in Tallahassee, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Governor's Square and University, each with its own character and price range.
