Property Prices in Tallahassee, FL, United States

Index Info
Price to Income Ratio: 2.90
Mortgage as Percentage of Income: 25.14%
Loan Affordability Index: 3.98
Price to Rent Ratio - City Centre: 6.44
Price to Rent Ratio - Outside of Centre: 7.24
Gross Rental Yield (City Centre): 15.52%
Gross Rental Yield (Outside of Centre): 13.81%
Rent Per Month
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1 Bedroom Apartment in City Centre $1,571.60 1,258.00-2,200.00
1 Bedroom Apartment Outside of City Centre $1,429.33 1,000.00-2,000.00
3 Bedroom Apartment in City Centre $2,607.25 2,200.00-3,800.00
3 Bedroom Apartment Outside of City Centre $2,245.25 1,670.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $198.02 195.00-300.00
Price per Square Feet to Buy Apartment Outside of Centre $197.76 195.00-201.04
Salaries And Financing
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Average Monthly Net Salary (After Tax) $3,671.50
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.10 6.00-6.30

These data are based on 69 entries from 19 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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