Industry Tallahassee
440 N Monroe St,
Tallahassee, FL 32301
$1,690 - $4,200
Studio - 3 Beds
Home to the Florida Governor's Mansion, Governor's Walk is an elegant neighborhood filled with historic mansions and luxury apartments for a unique blend of old-world sophistication and modern opulence. Located on the north side of Downtown Tallahassee, Governor's Walk is pedestrian-friendly, urban, and hip. It begins along Tennessee Street and extends north to about 4th Avenue. Monroe Street runs through the center of the neighborhood, providing fast access to the city's major attractions, including the Florida Historic Capitol Museum, Knott House Museum, and Cascades Park.
The popular Backwoods Bistro began in neighboring Sopchoppy, Florida
The Grove Museum’s Call-Collin House was built around 1830 by Richard Keith Call
The locally-owned Cypress Restaurant is a neighborhood favorite
The Governor’s Mansion is the crown jewel of the neighborhood
Live oaks shade the sidewalk along Adams Street
The Hotel Duvall is a local landmark and one of several hotels in Governor’s Walk
As of January 2026, the average apartment rent in Governor's Walk is $1,666 for a studio, $1,467 for one bedroom, $2,173 for two bedrooms, and $3,880 for three bedrooms. Apartment rent in Governor's Walk has decreased by -3.2% in the past year.
Studio
478 sq ft
Average Sq Ft
$1,666/month
Average Rent
1 BR
669 sq ft
Average Sq Ft
$1,467/month
Average Rent
2 BR
1,189 sq ft
Average Sq Ft
$2,173/month
Average Rent
3 BR
1,935 sq ft
Average Sq Ft
$3,880/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.