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Tallahassee city, FL

ZIP 32311 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 32311

Median Home Value
$288,900
Median Rent
$1,330
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,856/mo PITI).

20%
Rent-to-Income Ratio

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

3.6x
Home Price-to-Income Ratio

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

18.1 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 32311 in Tallahassee city, FL, a household would need roughly $80,000 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 $1,856. That is roughly in line with the local median household income ($80,250). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
61.8%-6% vs US avg
x
Vacancy Rate
8.1%-21% vs US avg
x
Broadband Access
92.4%+6% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
0.1%-99% vs US avg
x
Built Post-2014
2.6%-63% vs US avg
x
Rent Burden >30%
16.3%-67% vs US avg
x
Mortgage-Free
28.1%-26% vs US avg
x
$288,900
Home Value
$1,330
Rent
2002
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

  • 1-unit detached52.4%
  • 1-unit attached10.0%
  • 2-9 units8.8%
  • 10+ units18.8%
  • Mobile home & other10.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$288,900
Median rent$1,330
Owner-occupied61.8%
Vacant8.1%
Price-to-income3.6x
Est. income to buy$80,000