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RentData.org Logo Tallahassee Fair Market Rent FY 2020 Tallahassee, FL HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Tallahassee, FL :
$771 $829 $1,019 $1,361 $1,478
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Tallahassee are high compared to the national average. This FMR area is more expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Tallahassee is $1,019 per month.

The previous year, rent for a two-bedroom home was $957 per month. This is a 6.48% increase year-over-year.

This FMR rate applies to Greensboro, FL, Gretna, FL, Midway, FL, Chattahoochee, FL, Havana, FL, Quincy, FL and other cities within the region. The Metro Code or CBSA code for this region is METRO45220M45220.

Additionally, This Fair Market Rent (FMR) area Tallahassee, FL HUD Metro FMR Area spans one county or city in Florida which is listed in the table below. Estimated population of Tallahassee, FL HUD Metro FMR Area FMR area is 46,115 people based on latest Census data.

Compared to the rest of Florida, the Tallahassee FMR area is more expensive than 64% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Tallahassee. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Tallahassee

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 818
1-BR 1-Bedroom $ 879
2-BR 2-Bedroom $ 1081
3-BR 3-Bedroom $ 1444
4-BR 4-Bedroom $ 1568
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Tallahassee, FL HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Tallahassee - Thomasville.

County / Region Est. Population
Tallahassee, FL Metro 46,115
Zip Codes in Tallahassee, FL HUD Metro FMR Area

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

32324, 32330, 32332, 32333, 32343, 32351 and 32352

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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