Tampa, FL Rental Market Trends
What is the average rent in Tampa?
The average rent for an apartment in Tampa is $1,451, a 7% increase compared to the previous year.
Average Rent in Tampa, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,451 | 7% | 928 sq. ft. |
What is the average apartment size in Tampa?
The average size for a Tampa, FL apartment is 928 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Tampa, FL Apartment Rent Ranges
- $501-$7001%
- $701-$1,00016%
- $1,001-$1,50046%
- $1,501-$2,00025%
- > $2,00013%
Tampa, FL Occupied Housing Units
- Renter-occupied Households44%
- Owner-occupied Households55%
68,460 or 44% of the households in Tampa, FL are renter-occupied while 83,836 or 55% are owner-occupied.
Tampa, FL Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tampa, FL | $1,234 | $1,284 | $1,292 | $1,300 | $1,323 | $1,350 | $1,373 | $1,364 | $1,386 | $1,432 | $1,451 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Tampa, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Tampa | $2,140 |
| Harbour Island | $2,140 |
| Uptown Tampa | $2,140 |
| Channel District | $2,125 |
| Ybor | $2,125 |
| Riverside Heights | $2,015 |
| Tampa Heights | $2,015 |
| Davis Islands | $1,996 |
| Hyde Park | $1,996 |
| Ridgewood Park | $1,949 |
| Courier City - Oscawana | $1,884 |
| Parkland - New Suburb | $1,829 |
| North Hyde Park | $1,822 |
| Riverfront | $1,822 |
| Bowman Heights | $1,695 |
| MacFarlane Park | $1,695 |
| Old West Tampa | $1,695 |
| The Marina Club Of Tampa | $1,695 |
| Carver City - Lincoln Gardens | $1,651 |
| Oakford Park | $1,651 |
| Westshore Palms | $1,651 |
| MacDill Airforce Base | $1,538 |
| Port Tampa | $1,538 |
| Eastside Commercial | $1,509 |
| Palmetto Beach | $1,509 |
| Gandy - Sun Bay South | $1,509 |
| Ballast Point | $1,492 |
| Bayside West | $1,492 |
| Fair Oaks - Manhattan Manor | $1,492 |
| Interbay | $1,492 |
| Bayshore Beautiful | $1,473 |
| Hunters Green - Cory Lake Isles | $1,441 |
| West Meadows | $1,441 |
| Eastern Heights | $1,427 |
| Tampa Palms | $1,393 |
| Bon Air | $1,375 |
| Gray Gables | $1,375 |
| Swann Estates | $1,375 |
| Beach Park | $1,336 |
| Golfview | $1,336 |
| Tampa International Airport | $1,334 |
| Plaza Terrace | $1,330 |
| Bayshore Gardens | $1,265 |
| Bel Mar Gardens | $1,265 |
| Bel Mar Shores | $1,265 |
| Culbreath Heights | $1,265 |
| Palma Ceia | $1,265 |
| Sunset Park | $1,265 |
| Virginia Park | $1,265 |
| East Tampa Business Area | $1,265 |
| Temple Terrace | $1,220 |
| Forest Hills | $1,218 |
| North Tampa | $1,218 |
| University Square | $1,218 |
| Terrace Park | $1,196 |
| Rowlett | $1,189 |
| Wellswood | $1,184 |
| Northeast Tampa | $1,174 |
| Temple Crest | $1,166 |
| Live Oaks Square | $1,141 |
| Rivergrove - Woodland Terrace | $1,141 |
| Old Seminole Heights | $1,136 |
| Riverbend | $1,133 |
| Drew Park | $1,129 |
| Lowry Park | $1,106 |
| Sulphur Springs | $1,106 |
What are the most affordable neighborhoods in Tampa?
The most affordable neighborhoods in Tampa are Lowry Park, where the average rent goes for $1,106/month, Sulphur Springs, where renters pay $1,106/mo on average, and Drew Park, where the average rent goes for $1,129/mo. If you’re looking for other great deals, check out the listings from Riverbend ($1,133), Old Seminole Heights ($1,136), and Live Oaks Square ($1,141), where the asking prices are below the average Tampa rent of $1,451/mo.
What are the most expensive neighborhoods in Tampa?
The most expensive neighborhoods in Tampa are Downtown Tampa ($2,140), Harbour Island ($2,140) and Uptown Tampa ($2,140).
What are the most popular neighborhoods in Tampa?
The most popular neighborhood in Tampa is Courier City - Oscawana, where there are 11 verified RENTCafé listings with an average rent of $1,884. Next up is Temple Terrace, where apartments go for $1,220/month, followed by Gandy - Sun Bay South with $1,509 If you’re looking to rent in Tampa’s most popular neighborhoods, make sure to also check out Tampa Palms, where renters pay $1,393 on average, and West Meadows, where the average monthly rent is $1,441.
Tampa | Rent Comparison by Neighborhood
Rent in Ballast Point is 1% higher than in Bayshore Beautiful
Ballast Point rent is 3% higher than Tampa average
| Average Rent | $1,492 |
|---|
Bayshore Beautiful rent is 2% higher than Tampa average
| Average Rent | $1,473 |
|---|
How Tampa Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,196 | 8% |
| Tampa | $1,451 | 7% |
| Miami | $1,774 | 4% |
| Orlando | $1,444 | 2% |
| Kissimmee | $1,363 | n/a |
| Gainesville | $1,337 | 2% |
| St. Petersburg | $1,458 | 6% |
| Lakeland | $1,175 | 8% |
| Sarasota | $1,473 | 1% |
| Bradenton | $1,342 | 5% |
| Brandon | $1,342 | 10% |