Living here
Cost of living in Tallahassee
Housing is close to the US average. Rents, home prices, taxes and how far a paycheck goes.
Median rent
$1,238/mo
8% below US
Median home value
$276,000
9% below US
Median household income
$55,931
29% below US
Rent as share of income
27%
US 21%
Home price to income
4.9×
US 3.9×
Sales tax
7.5%
Rent by number of bedrooms
HUD 2027 fair market rents for Tallahassee, FL HUD Metro FMR Area (gross rent including utilities, near the 40th percentile of local rents). Source: HUD USER.
How Tallahassee compares
- Tallahassee$1,238
- Florida$1,564
- United States$1,348
- Gainesville$1,214
- Daytona Beach$1,239
- Orlando$1,650
- Palm Bay$1,487
- Fort Myers$1,442
- Delray Beach$1,914
- Pembroke Pines$1,910
- Hialeah$1,558
- Tallahassee$276,000
- Florida$325,000
- United States$303,400
- Gainesville$235,000
- Daytona Beach$244,300
- Orlando$359,000
- Palm Bay$248,000
- Fort Myers$351,600
- Delray Beach$386,700
- Pembroke Pines$411,700
- Hialeah$359,200
Taxes
Life in Tallahassee
Questions
Is Tallahassee expensive to live in?
Housing in Tallahassee is close to the national average: median rent is $1,238 (8% below US) and the median home value is $276,000 (9% below US).
How much is rent in Tallahassee?
The median gross rent is $1,238 a month. HUD’s 2027 fair market rents for the area are studio $1,186, 1 bedroom $1,264, 2 bedrooms $1,424, 3 bedrooms $1,742, 4 bedrooms $1,871.
How much of their income do renters spend in Tallahassee?
At the median, a year’s rent ($14,856) equals about 27% of the median household income ($55,931); nationally it’s about 21%.
What are taxes like in Tallahassee?
Sales tax is 7.5% and property taxes run about 0.88% of home value a year.
Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; HUD fair market rents; Florida Department of Revenue - Discretionary Sales Surtax Information for Calendar Year 2026 (DR-15DSS, R. 11/25).