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Tallahassee city, FL

ZIP 32305 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 32305

Median Home Value
$154,500
Median Rent
$706
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$992/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 32305 in Tallahassee city, FL, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $992. That is roughly in line with the local median household income ($47,694). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
58.1%-11% vs US avg
x
Vacancy Rate
11.0%+7% vs US avg
x
Broadband Access
75.8%-13% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
18.3%-63% vs US avg
x
Mortgage-Free
48.4%+27% vs US avg
x
$154,500
Home Value
$706
Rent
1988
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached50.3%
  • 1-unit attached1.8%
  • 2-9 units5.1%
  • 10+ units6.8%
  • Mobile home & other36.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$154,500
Median rent$706
Owner-occupied58.1%
Vacant11.0%
Price-to-income3.2x
Est. income to buy$43,000