Cheapest Neighborhoods in Tallahassee, FL
Some of the cheapest neighborhoods in Tallahassee are Alumni Village, Providence, and Chapel Ridge. These neighborhoods offer some of the lowest rent prices in Tallahassee, making them ideal for renters on a budget. As of June 15, 2026, the average rent in Tallahassee is $1,171, which is 1.6% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Alumni Village
Average Rent
$799/Month
Units Available
62 Rentals
Alumni Village is an affordable neighborhood in Tallahassee with an average rent price of $799. Compare this to the city average of $1,171. Alumni Village provides easy access to Tallahassee Museum, Florida State University, and Southside University Plaza.
Providence
Average Rent
$800/Month
Year-Over-Year Rent Change
5.3%
Units Available
63 Rentals
Just over a mile from downtown, Providence is close to everything: Florida State University, Florida A&M University, and even Apalachicola National Forest. While it’s close to the center of the city, Providence is a wooded neighborhood with a suburban feel.
Chapel Ridge
Average Rent
$926/Month
Year-Over-Year Rent Change
0.7%
Units Available
104 Rentals
Adjacent to Florida State University and near several other colleges, Chapel Ridge attracts a variety of students. This lively neighborhood is also close to several museums, including the Museum of Florida History. Downtown Tallahassee is just a 10-minute drive from the neighborhood.
Woodland Drives
Average Rent
$974/Month
Year-Over-Year Rent Change
7%
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Tallahassee, Woodland Drives might be the perfect place! It has an average rent price of $974, while the city’s average stands at $1,171. In the last year, prices have decreased by 7%. Woodland Drives is near Parkway Center, Tallahassee International, and Brogan Museum of Art and Science.
University
Average Rent
$1,023/Month
Year-Over-Year Rent Change
4.2%
Units Available
398 Rentals
University is located along the west side of Florida State University, offering easy access to campus, shopping, and dining. Renters will enjoy the community's energetic atmosphere and variety of housing options, which includes single-family homes, apartments, and a variety of student housing options.
Magnolia
Average Rent
$1,079/Month
Year-Over-Year Rent Change
2.6%
Units Available
19 Rentals
Magnolia is a top choice for budget-conscious renters for a variety of reasons. The average rent in Magnolia is $1,079 while the city average is $1,171. This is a -2.6% difference from last year. Residents enjoy convenient access to Magnolia Grove, Museum of Florida History, and Magnolia Park Shopping Center.
Killearn
Average Rent
$1,113/Month
Year-Over-Year Rent Change
16.6%
Units Available
37 Rentals
Killearn is a well-established neighborhood offering spacious homes, parks, and top-rated schools. Renters will enjoy the quiet, suburban feel and the community’s proximity to shopping centers and recreational areas. The neighborhood provides a peaceful retreat with easy access to downtown Tallahassee.
Midtown Tallahassee
Average Rent
$1,122/Month
Year-Over-Year Rent Change
2.4%
Units Available
21 Rentals
When you’re looking for a great Tallahassee neighborhood on a budget, check out Midtown Tallahassee. The average rent is $1,122, compared to the city average of $1,171. Rent prices have increased by 2.4%. Midtown Tallahassee is convenient to Florida A&M Univ., Brogan Museum of Art and Science, and Tallahassee Community College.
Griffin Heights
Average Rent
$1,148/Month
Year-Over-Year Rent Change
0.1%
Units Available
40 Rentals
Griffin Heights is a centrally located neighborhood known for its proximity to Florida State University. Renters will appreciate the variety of housing options, from student apartments to single-family homes. The area is ideal for anyone looking for a lively, walkable community.
College Town
Average Rent
$1,183/Month
Year-Over-Year Rent Change
0.5%
Units Available
15 Rentals
College Town is an affordable neighborhood in Tallahassee with an average rent price of $1,183. Compare this to the city average of $1,171. In the past year, rent prices have increased by 0.5%. College Town provides easy access to Pat Thomas Planetarium, Florida State University, and Tallahassee International.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.