Tampa Palms, Tampa, FL Rental Market Trends
Last updated: November 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Tampa Palms is $1,842, a 5.33% increase compared to the previous year, when the average rent was $1,748.
One-bedroom apartments provide 874 square feet for $1,567, balancing privacy and affordability.
Two-beedroom units at $1,864 offer 1,219 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,511 sq ft) for $2,289, suitable for larger households.
Average rent in Tampa Palms, Tampa, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,842 | 1,155 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,567 | 874 sq. ft. |
| 2 Beds | $1,864 | 1,219 sq. ft. |
| 3 Beds | $2,289 | 1,511 sq. ft. |
Tampa Palms, Tampa, FL rent trends
Rental prices in Tampa Palms, Tampa, FL have increased by 5.33% over the past year. The average rent moved from $1,748 to $1,842.
What's the typical rent budget in Tampa Palms, Tampa, FL?
The largest share of rentals in Tampa Palms, Tampa, FL (63%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Tampa Palms, Tampa, FL?
4,533 or 46% of the households in Tampa Palms, Tampa, FL are renter-occupied while 5,293 or 54% are owner-occupied.
Most affordable neighborhoods in Tampa Palms?
North Tampa $1,179/month
Temple Crest $1,230/month
Plaza Terrace $1,458/month
All of these neighborhoods fall below the city wide average of $2,009/month.Most expensive neighborhoods in Tampa Palms?
Uptown Tampa $2,955/month
Downtown Tampa $2,980/month
Harbour Island $3,185/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Tampa, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Harbour Island | $3,185 |
| Downtown Tampa | $2,980 |
| Uptown Tampa | $2,955 |
| Riverfront | $2,891 |
| Westshore Palms | $2,829 |
| Channel District | $2,667 |
| Tampa International Airport | $2,530 |
| Courier City - Oscawana | $2,411 |
| North Hyde Park | $2,376 |
| Port Tampa | $2,355 |
| Carver City - Lincoln Gardens | $2,246 |
| Gandy - Sun Bay South | $2,187 |
| MacDill Airforce Base | $2,008 |
| Terrace Park | $1,971 |
| Ybor | $1,957 |
| Tampa Palms | $1,842 |
| West Meadows | $1,836 |
| Hunters Green - Cory Lake Isles | $1,754 |
| University Square | $1,753 |
| Bayside West | $1,690 |
| Old Seminole Heights | $1,687 |
| Ridgewood Park | $1,686 |
| Temple Terrace | $1,649 |
| Wellswood | $1,622 |
| Gray Gables | $1,598 |
| Lowry Park | $1,585 |
| Plaza Terrace | $1,458 |
| Temple Crest | $1,230 |
| North Tampa | $1,179 |
Tampa | Rent Comparison by Neighborhood
Rent in Tampa Palms is 9% higher than in Bayside West
Tampa Palms rent is the same as Tampa average
Bayside West rent is 8% lower than Tampa average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Tampa Palms apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.