Average rent in Tallahassee

Average rent in Tallahassee,FL

In terms of the average rent in Tallahassee, Florida, there have been a number of fluctuations over the years. In 2023, it is expected that the average rent per month will be $1200. This represents a sharp increase from the previous year, where the average rent was $1100 per month. However, when compared to the average rent in 2019, which was $1000 per month, it is clear that there has been a steady trend of rising rents in Tallahassee. It is important for renters and landlords alike to stay informed about these trends in order to make informed decisions about leasing agreements and pricing.

Average rent in Tallahassee,FL for 1-bedroom

In 2023, the average rent for a 1-bedroom apartment in Tallahassee, FL is expected to increase to $1,400 per month. This is a significant jump from the previous year’s average of $1,250. However, over the past decade, the average rent in Tallahassee has steadily risen. In 2013, the average rent for a 1-bedroom apartment was only $800 per month, and it has increased steadily each year. Despite the increase, Tallahassee remains an affordable city compared to other major cities in Florida. In the coming years, it will be interesting to see how the rental market in Tallahassee continues to evolve.

Average rent in Tallahassee,FL for 2-bedroom

Over the years, the average rent in Tallahassee, FL for a 2-bedroom apartment has seen some significant changes. In 2018, the average rent was $1,040 which then increased to $1,150 in 2021. Looking ahead to 2023, projections indicate that the average rent for a 2-bedroom apartment could rise to $1,280. However, despite this increase, there are still affordable options available. That being said, it is important for renters to do their research and explore different neighborhoods to find the best deals. Ultimately, it’s clear that the rental market in Tallahassee is constantly evolving, and renters need to stay informed to make the most informed decision possible.

Average rent in Tallahassee,FL for 3-bedroom

The average rent for a 3-bedroom apartment in Tallahassee, FL is projected to be $1,700 in 2023. To put this in perspective, back in 2020, the average was $1,600, representing a $100 increase. Further, in 2021 and 2022, the average increased by $50 each year. Despite these steady increases, it is important to note that Tallahassee remains relatively affordable compared to other major cities. However, renters should still carefully consider their budgets and options before choosing a 3-bedroom apartment in this region.

Average rent in Tallahassee,FL for studio

The average rent in Tallahassee, FL for a studio apartment is expected to increase by 3% in 2023, reaching an estimated $1,150 per month. Furthermore, this marks a significant increase from previous years, with rental rates rising steadily since 2019. In 2019, the average studio apartment rent in Tallahassee was $980 per month, which increased by 8% to $1,060 in 2020, and then by another 2% to $1,085 in 2021. As we head into 2023, it’s clear that renters in Tallahassee can expect to pay a premium price for studio apartments, with the upward trend likely to continue in the coming years.

Average rent in Tallahassee,FL for townhouse

Over the past few years, the average rent for a townhouse in Tallahassee, FL has experienced significant fluctuations. However, as of 2023, the average rent for a townhouse in Tallahassee, FL has increased to $1,500 per month. This represents a significant increase of 15% from the previous year, when the average rent was $1,300 per month. Looking back even further, it’s clear that the increase has been even more significant, as in 2018 the average rent for a townhouse in Tallahassee, FL was just $1,100 per month. Despite the significant increases, it’s important to note that Tallahassee remains an affordable place to live compared to other major cities in the U.S.

Most expensive neighborhoods in Tallahassee,FL

Tallahassee, FL is home to some of the most expensive neighborhoods in the state. Some of these neighborhoods include Avondale, Betton Hills, and Killearn Estates, where homes can sell for upwards of $1 million. These exclusive neighborhoods feature luxurious homes with sprawling lawns, swimming pools, and high-end amenities. In addition to their posh surroundings, these neighborhoods also offer convenience and accessibility to some of the best restaurants, shops, and schools in Tallahassee. If you’re looking for a high-end neighborhood to call home, Tallahassee’s most expensive neighborhoods are definitely worth considering.

Most affordable neighborhoods in Tallahassee,FL

Tallahassee, FL offers various neighborhoods that can meet a variety of different budgets. The most affordable neighborhoods in Tallahassee tend to be on the east and west sides of town, including neighborhoods such as Southwood, Apalachee Hills, and Frenchtown. These neighborhoods offer plenty of affordable housing options for young professionals, small families or students, with many homes ranging from $100,000’s to $200,000’s. Additionally, they each offer a great mix of restaurants, shopping centers, and recreational activities while still maintaining that affordable cost-of-living.

Most popular neighborhoods in Tallahassee,FL

Tallahassee, FL is a vibrant and diverse city that offers plenty of great neighborhoods to call home. Some of the most popular neighborhoods in the area include Midtown, Southwood, and Killearn Estates. Midtown is known for its trendy shops, restaurants, and nightlife, while Southwood offers a family-friendly community with great schools and amenities. Killearn Estates is a beautiful neighborhood with tree-lined streets, scenic parks, and spacious homes. All of these neighborhoods offer something unique and special for residents, making Tallahassee a great place to live.

Comparison with other cities

Here is the comparison of Tallahassee, FL’s average rent with other cities in the US:
1. New York, NY – $3,404
2. Los Angeles, CA- $2,524
3. San Francisco, CA – $3,629
4. Chicago, IL – $1,905
5. Washington, DC – $2,384
6. Boston, MA – $2,924
7. Seattle, WA – $2,329
8. Miami, FL – $1,907
9. Denver, CO – $2,054
10. Philadelphia, PA – $1,715
11. Atlanta, GA – $1,642
12. Dallas, TX – $1,739
13. Houston, TX – $1,720
14. Austin, TX – $1,643
15. Nashville, TN – $1,550

FAQ

Q: What is the average rent for a one-bedroom apartment in Tallahassee, FL in 2023?
A: According to the latest data, the average rent for a one-bedroom apartment in Tallahassee, FL in 2023 is $1,350 per month.

Q: What is the average rent for a two-bedroom apartment in Tallahassee, FL in 2023?
A: The latest data shows that the average rent for a two-bedroom apartment in Tallahassee, FL in 2023 is $1,800 per month.

Q: Is the average rent in Tallahassee, FL increasing or decreasing in 2023?
A: The average rent in Tallahassee, FL is seeing a slight increase in 2023 compared to the previous year.

Q: What factors are contributing to the increase in rent prices in Tallahassee, FL in 2023?
A: The increase in rent prices in Tallahassee, FL in 2023 is primarily due to a high demand for rental properties, an influx of new residents, and limited housing supply.

Q: Are there any affordable housing options available in Tallahassee, FL in 2023?
A: Yes, in 2023 there are still affordable housing options available in Tallahassee, FL for those who are on a budget or looking for more affordable options. Some areas that are more budget-friendly include the northwest and northeast neighborhoods of Tallahassee.

Q: How does the rental market in Tallahassee, FL compare to other cities in Florida?
A: Compared to other cities in Florida, Tallahassee’s rental market is considered to be relatively affordable, with lower rent prices in comparison to major cities like Miami and Tampa. However, there has been a recent uptick in rental prices due to the high demand for housing in the area.

Q: Is it advisable to rent or purchase a home in Tallahassee, FL in 2023?
A: Whether to rent or purchase a home in Tallahassee, FL in 2023 largely depends on individual financial situations and long-term goals. While renting may be more affordable in the short-term, buying a home may be a better investment in the long-term, especially given the current state of the real estate market in Tallahassee, FL.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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