Tampa, FL Rental Market Trends
Highlights
The average rent for an apartment in Tampa is $1,399, a 3% increase compared to the previous year.
Average Rent in Tampa, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,399 | 3% | 928 sq. ft. |
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-$1,00020%
- $1,001-$1,50048%
- $1,501-$2,00021%
- > $2,00011%
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 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tampa, FL | $1,221 | $1,234 | $1,284 | $1,292 | $1,300 | $1,323 | $1,350 | $1,373 | $1,364 | $1,386 | $1,399 |
| National | $1,309 | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 | $1,392 |
Average Rent in Tampa, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Tampa | $1,982 |
| Harbour Island | $1,982 |
| Uptown Tampa | $1,982 |
| Channel District | $1,969 |
| Ybor | $1,969 |
| Davis Islands | $1,926 |
| Hyde Park | $1,926 |
| Riverside Heights | $1,872 |
| Tampa Heights | $1,872 |
| Courier City - Oscawana | $1,821 |
| Ridgewood Park | $1,800 |
| Parkland - New Suburb | $1,765 |
| North Hyde Park | $1,715 |
| Riverfront | $1,715 |
| Bowman Heights | $1,560 |
| MacFarlane Park | $1,560 |
| Old West Tampa | $1,560 |
| The Marina Club Of Tampa | $1,560 |
| Carver City - Lincoln Gardens | $1,530 |
| Oakford Park | $1,530 |
| Westshore Palms | $1,530 |
| MacDill Airforce Base | $1,521 |
| Port Tampa | $1,521 |
| Gandy - Sun Bay South | $1,492 |
| Eastside Commercial | $1,474 |
| Palmetto Beach | $1,474 |
| Ballast Point | $1,474 |
| Bayside West | $1,474 |
| Fair Oaks - Manhattan Manor | $1,474 |
| Interbay | $1,474 |
| Bayshore Beautiful | $1,451 |
| Eastern Heights | $1,403 |
| Hunters Green - Cory Lake Isles | $1,387 |
| West Meadows | $1,387 |
| Tampa Palms | $1,351 |
| Bon Air | $1,342 |
| Gray Gables | $1,342 |
| Swann Estates | $1,342 |
| Beach Park | $1,291 |
| Golfview | $1,291 |
| Tampa International Airport | $1,277 |
| Plaza Terrace | $1,276 |
| East Tampa Business Area | $1,257 |
| Temple Terrace | $1,210 |
| Bayshore Gardens | $1,197 |
| Bel Mar Gardens | $1,197 |
| Bel Mar Shores | $1,197 |
| Culbreath Heights | $1,197 |
| Forest Hills | $1,197 |
| North Tampa | $1,197 |
| Palma Ceia | $1,197 |
| Sunset Park | $1,197 |
| University Square | $1,197 |
| Virginia Park | $1,197 |
| Terrace Park | $1,182 |
| Northeast Tampa | $1,168 |
| Rowlett | $1,167 |
| Live Oaks Square | $1,154 |
| Rivergrove - Woodland Terrace | $1,154 |
| Temple Crest | $1,151 |
| Wellswood | $1,146 |
| Drew Park | $1,119 |
| Old Seminole Heights | $1,105 |
| Riverbend | $1,085 |
| Lowry Park | $1,049 |
| Sulphur Springs | $1,049 |
The most affordable neighborhoods in Tampa are Lowry Park, where the average rent goes for $1,049/month, Sulphur Springs, where renters pay $1,049/mo on average, and Riverbend, where the average rent goes for $1,085/mo. If you’re looking for other great deals, check out the listings from Old Seminole Heights ($1,105), Drew Park ($1,119), and Wellswood ($1,146), where the asking prices are below the average Tampa rent of $1,399/mo.
The most expensive neighborhoods in Tampa are Downtown Tampa ($1,982), Harbour Island ($1,982) and Uptown Tampa ($1,982).
The most popular neighborhood in Tampa is Courier City - Oscawana, where there are 12 verified RENTCafé listings with an average rent of $1,821. Next up is Gandy - Sun Bay South, where apartments go for $1,492/month, followed by Temple Terrace with $1,210 If you’re looking to rent in Tampa’s most popular neighborhoods, make sure to also check out Temple Crest, where renters pay $1,151 on average, and Tampa Palms, where the average monthly rent is $1,351.
Tampa | Rent Comparison by Neighborhood
Rent in Ballast Point is 2% higher than in Bayshore Beautiful
Ballast Point rent is 5% higher than Tampa average
| Average Rent | $1,474 |
|---|
Bayshore Beautiful rent is 4% higher than Tampa average
| Average Rent | $1,451 |
|---|
How Tampa Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,156 | 4% |
| Orlando | $1,388 | -3% |
| Kissimmee | $1,358 | -2% |
| Miami | $1,708 | n/a |
| Tampa | $1,399 | 3% |
| Cape Coral | $1,337 | 5% |
| St. Petersburg | $1,423 | 5% |
| Lakeland | $1,152 | 6% |
| Brandon | $1,303 | 6% |
| Clearwater | $1,310 | 5% |
| Riverview | $1,437 | 5% |
For more information about the Tampa rental trends, check out our monthly rent report
Check out Florida Cities, Florida Neighborhoods and Florida Zip Codes for more details on verified listings, including the Florida Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!