Apartments in College Park Tallahassee

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College Park

A Tallahassee Neighborhood

Summary

College Park, a decidedly university-style neighborhood, is defined by FSU’s Wescott Fountain to the west and Martin Luther Kind Boulevard to the east, with Tennessee Street to the north and Pensacola Street to the south. College Avenue is a treasured part of town, known for offering spectacular views of campus and the surrounding area. This neighborhood is home to many beautiful sorority houses and student apartments, as well as the FSU College of Law. It also encompasses the Tennessee Strip, a stretch of student-choice bars, restaurants, and entertainment venues runs along Tennessee Street. Lovingly known as “The Strip,” FSU and FAMU students alike enjoying hitting these hot spots on weekends. Some students will partake in a ritual called the “Tennessee Waltz,” particularly on 21st birthdays, which involves hitting every single bar along The Strip in a single night. With this in mind, it’s obviously a popular area for both Greeks and off-campus students alike, particularly those looking to live near both campus life and nightlife.

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$812
Studio
$819
1 Bedroom
$1,069
2 Bedrooms
$1,361
3 Bedrooms
$1,980
4 Bedrooms
$2,940
5+ Bedrooms
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Tallahassee:
April Rent Report

Welcome to the April 2020 Tallahassee Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the April 2020 key findings and figures for the Tallahassee rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Tallahassee and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Tallahassee rent prices in the chart below.

Monthly Rent Report

Tallahassee Rent Prices Decrease From March to April

Tallahassee rent prices decreased over the last month. From March to April, the city experienced a -0.25% decrease for the price of a one-bedroom apartment. The rent price for a Tallahassee one-bedroom apartments currently stands at $807.0.

When we take a look at the two-bedroom comparison from March to April, Tallahassee experienced a 0.1% increase for the price of a two-bedroom apartment. The rent price for a Tallahassee two-bedroom apartments currently stands at $1,044.0.

April Prices: Tallahassee vs. Surrounding Areas

Rent Prices in Tallahassee and Surrounding Areas

Rent prices have decreased in Tallahassee over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Tallahassee suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Tallahassee suburbs

  • Rents did not decrease in any of the Tallahassee suburbs.

April 2020 Pricing Trends: Tallahassee vs. National Comparisons

Tallahassee Rent Prices More Affordable Than Major Cities

Rent growth in Tallahassee over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Tallahassee rent prices appear to be relatively affordable for local residents.

The price for a Tallahassee one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's April 2020 National Apartment Report and data set here.

For more information about Tallahassee and surrounding area rent prices, take a look at the complete data set below.

Data set for Tallahassee and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Tallahassee, FL $809.0 -0.61% $1,043.0 0.77%

Methodology

Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.