Tampa, FL Rental Market Trends

Highlights

The average rent for an apartment in Tampa is $1,309, a 7% increase compared to the previous year, when the average rent was $1,219.

Average Rent in Tampa, FL

Last updated Feb 2019

Average Rent	Y-o-Y Change	Average Apartment Size
$1,309	7%	899 sq. ft.

The average size for a Tampa, FL apartment is 899 square feet, but this number varies greatly depending on apartment type. 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-$7004%
$701-$1,00027%
$1,001-$1,50045%
$1,501-$2,00016%
> $2,0009%

Tampa, FL Rent Trends

Average Rent	Jan / 2016	May / 2016	Sept / 2016	Jan / 2017	May / 2017	Sept / 2017	Jan / 2018	May / 2018	Feb / 2019
Tampa, FL	$1,104	$1,141	$1,181	$1,186	$1,211	$1,219	$1,248	$1,248	$1,309
National	$1,290	$1,319	$1,334	$1,329	$1,354	$1,366	$1,366	$1,381	$1,396

Average Rent in Tampa, FL By Neighborhood

Average Rent
Neighborhood	Average Rent
Sulphur Springs	$935
Lowry Park	$935
Riverbend	$985
Old Seminole Heights	$1,027
Drew Park	$1,049
Temple Crest	$1,065
Wellswood	$1,071
Rowlett	$1,073
Northeast Tampa	$1,092
Terrace Park	$1,092
University Square	$1,097
North Tampa	$1,097
Forest Hills	$1,097
East Tampa Business Area	$1,118
Rivergrove - Woodland Terrace	$1,121
Live Oaks Square	$1,121
Temple Terrace	$1,129
Virginia Park	$1,150
Sunset Park	$1,150
Palma Ceia	$1,150
Culbreath Heights	$1,150
Bel Mar Shores	$1,150
Bel Mar Gardens	$1,150
Bayshore Gardens	$1,150
Tampa International Airport	$1,236
Bayshore Beautiful	$1,241
Plaza Terrace	$1,244
Interbay	$1,253
Fair Oaks - Manhattan Manor	$1,253
Bayside West	$1,253
Ballast Point	$1,253
Tampa Palms	$1,276
Golfview	$1,277
Beach Park	$1,277
Eastern Heights	$1,308
West Meadows	$1,311
Hunters Green - Cory Lake Isles	$1,311
Gandy - Sun Bay South	$1,333
Swann Estates	$1,346
Gray Gables	$1,346
Bon Air	$1,346
Palmetto Beach	$1,364
Eastside Commercial	$1,364
Port Tampa	$1,456
MacDill Airforce Base	$1,456
Westshore Palms	$1,571
Oakford Park	$1,571
Carver City - Lincoln Gardens	$1,571
The Marina Club Of Tampa	$1,608
Old West Tampa	$1,608
MacFarlane Park	$1,608
Bowman Heights	$1,608
Parkland - New Suburb	$1,619
Riverfront	$1,667
North Hyde Park	$1,667
Courier City - Oscawana	$1,675
Hyde Park	$1,769
Davis Islands	$1,769
Ridgewood Park	$1,844
Tampa Heights	$1,902
Riverside Heights	$1,902
Ybor	$1,956
Channel District	$1,956
Uptown Tampa	$2,024
Harbour Island	$2,024
Downtown Tampa	$2,024

The most affordable neighborhoods in Tampa are Lowry Park, where the average rent goes for $935/month, Sulphur Springs, where renters pay $935/mo on average, and Riverbend, where the average rent goes for $985/mo. If you’re looking for other great deals, check out the listings from Old Seminole Heights ($1,027), Drew Park ($1,049), and Temple Crest ($1,065), where the asking prices are below the average Tampa rent of $1,309/mo.

The most expensive neighborhoods in Tampa are Downtown Tampa ($2,024), Harbour Island ($2,024) and Uptown Tampa ($2,024).

Tampa | Rent Comparison by Neighborhood

Rent in Ballast Point is 1% higher than in Bayshore Beautiful

$1,253

Ballast Point rent is 4% lower than Tampa average

Average Rent	$1,253

$1,241

Bayshore Beautiful rent is 5% lower than Tampa average

Average Rent	$1,241

How Does Tampa Compare to Nearby Cities

	Average Rent	Y-o-Y Change
Riverview	$1,329	9%
Tampa	$1,309	7%
Brandon	$1,244	6%
University	$1,221	7%
Egypt Lake-Leto	$1,049	3%
Temple Terrace	$1,129	8%
Town 'n' Country	$1,210	8%
Citrus Park	$1,375	1%
Valrico	$1,216	16%
Apollo Beach	$1,108	3%
Plant City	$938	6%

For more information about the Tampa rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Tampa apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.