FairRentWize

Tallahassee Fair Market Rent 2026

HUD Fair Market Rent data for the Tallahassee metropolitan area. Median household income: $57,994/year. Vacancy rate: 5.4%.

2BR FMR

$989/mo

Median Income

$57,994

Vacancy Rate

5.4%

Rent Burden

20.5%

Fair Market Rent by Bedroom Size

Studio$625/mo
1 Bedroom$784/mo
2 Bedroom$989/mo
3 Bedroom$1,193/mo
4 Bedroom$1,420/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $57,994/year can afford up to $1,450/mo in rent.

The 2BR FMR of $989/mo represents 20.5% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 5.4% in Tallahassee indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Tallahassee?

The 2026 HUD FMR for a 2-bedroom in the Tallahassee metro area is $989/month. 1BR: $784, 3BR: $1,193.

What is the vacancy rate in Tallahassee?

The rental vacancy rate in Tallahassee is 5.4%. A rate below 5% typically indicates a tight rental market.

Is Tallahassee affordable for renters?

With a median income of $57,994 and 2BR rent at $989/mo, rent takes about 20% of income in Tallahassee.

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