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Tallahassee Apartment Rents Rank 10th in Florida

Posted on May 9, 2017

Tallahassee Apartment Rents Rank 10th in Florida

Based on data collected by Apartment List, Inc., the prices renters pay in Tallahassee increased by 0.3% over the past month, and year-over-year rent growth was at 2.5%.

The table below shows information for 10 Florida cities.

The data shows that 1-bedrooms in Tallahassee have a median rent of $650, while 2-bedrooms cost $800. Tallahassee has the 10th highest rents in Florida.

Miami is the most expensive city for renters in Florida where 2-bedrooms rent for $2,500, and 1-bedrooms have a median rent of $1,950. Miami rents have decreased by 1.4% over the past year.

Port St. Lucie shows the fastest-growing rents which have experienced a 7.1% increase over the past year. A 2-bedroom in Port St. Lucie costs $1,300, and 1-bedrooms have a median rent of $1,000.

Orlando rents have grown by 5.2% in the past year, the 2nd highest year-over-year rent growth in the state with 1- and 2-bedrooms coming at $1,150 and $1,300, respectively.

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Methodology:

Apartment List Rent Report data is drawn monthly from the millions of listings on our site. 1-bedroom and 2-bedroom rents are calculated as the median for units available in the specified size and time period. Price changes are calculated using a “same unit” methodology similar to the Case-Shiller “repeat sales” home prices methodology, taking the average price change for units available across both time periods.

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