Tampa, FL Rental Market Trends
Highlights
The average rent for an apartment in Tampa is $1,359, a 5% increase compared to the previous year.
Average Rent in Tampa, FL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,359 | 5% | 926 sq. ft. |
The average size for a Tampa, FL apartment is 926 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-$1,00022%
- $1,001-$1,50050%
- $1,501-$2,00017%
- > $2,00010%
Tampa, FL Occupied Housing Units
- Renter-occupied Households44%
- Owner-occupied Households55%
66,863 or 44% of the households in Tampa, FL are renter-occupied while 82,416 or 55% are owner-occupied.
Tampa, FL Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tampa, FL | $1,168 | $1,172 | $1,206 | $1,221 | $1,234 | $1,284 | $1,292 | $1,300 | $1,323 | $1,350 | $1,359 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Tampa, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sulphur Springs | $1,030 |
| Lowry Park | $1,030 |
| Riverbend | $1,068 |
| Drew Park | $1,075 |
| Old Seminole Heights | $1,082 |
| Rivergrove - Woodland Terrace | $1,114 |
| Live Oaks Square | $1,114 |
| Temple Crest | $1,129 |
| Wellswood | $1,134 |
| Northeast Tampa | $1,144 |
| Rowlett | $1,166 |
| Terrace Park | $1,174 |
| East Tampa Business Area | $1,178 |
| Temple Terrace | $1,185 |
| University Square | $1,207 |
| North Tampa | $1,207 |
| Forest Hills | $1,207 |
| Virginia Park | $1,208 |
| Sunset Park | $1,208 |
| Palma Ceia | $1,208 |
| Culbreath Heights | $1,208 |
| Bel Mar Shores | $1,208 |
| Bel Mar Gardens | $1,208 |
| Bayshore Gardens | $1,208 |
| Tampa International Airport | $1,273 |
| Plaza Terrace | $1,277 |
| Golfview | $1,331 |
| Beach Park | $1,331 |
| Eastern Heights | $1,332 |
| Tampa Palms | $1,335 |
| West Meadows | $1,343 |
| Hunters Green - Cory Lake Isles | $1,343 |
| Palmetto Beach | $1,393 |
| Eastside Commercial | $1,393 |
| Swann Estates | $1,398 |
| Gray Gables | $1,398 |
| Bon Air | $1,398 |
| Port Tampa | $1,430 |
| MacDill Airforce Base | $1,430 |
| Bayshore Beautiful | $1,441 |
| Gandy - Sun Bay South | $1,452 |
| Interbay | $1,462 |
| Fair Oaks - Manhattan Manor | $1,462 |
| Bayside West | $1,462 |
| Ballast Point | $1,462 |
| Westshore Palms | $1,609 |
| Oakford Park | $1,609 |
| Carver City - Lincoln Gardens | $1,609 |
| The Marina Club Of Tampa | $1,643 |
| Old West Tampa | $1,643 |
| MacFarlane Park | $1,643 |
| Bowman Heights | $1,643 |
| Riverfront | $1,768 |
| North Hyde Park | $1,768 |
| Parkland - New Suburb | $1,785 |
| Courier City - Oscawana | $1,841 |
| Ridgewood Park | $1,889 |
| Hyde Park | $1,939 |
| Davis Islands | $1,939 |
| Tampa Heights | $1,951 |
| Riverside Heights | $1,951 |
| Ybor | $1,996 |
| Channel District | $1,996 |
| Uptown Tampa | $2,074 |
| Harbour Island | $2,074 |
| Downtown Tampa | $2,074 |
The most affordable neighborhoods in Tampa are Lowry Park, where the average rent goes for $1,030/month, Sulphur Springs, where renters pay $1,030/mo on average, and Riverbend, where the average rent goes for $1,068/mo. If you’re looking for other great deals, check out the listings from Drew Park ($1,075), Old Seminole Heights ($1,082), and Live Oaks Square ($1,114), where the asking prices are below the average Tampa rent of $1,359/mo.
The most expensive neighborhoods in Tampa are Downtown Tampa ($2,074), Harbour Island ($2,074) and Uptown Tampa ($2,074).
The most popular neighborhood in Tampa is Temple Terrace, where there are 9 verified RENTCafé listings with an average rent of $1,185. Next up is Courier City - Oscawana, where apartments go for $1,841/month, followed by Gandy - Sun Bay South with $1,452 If you’re looking to rent in Tampa’s most popular neighborhoods, make sure to also check out Tampa Palms, where renters pay $1,335 on average, and Carver City - Lincoln Gardens, where the average monthly rent is $1,609.
Tampa | Rent Comparison by Neighborhood
Rent in Ballast Point is 1% higher than in Bayshore Beautiful
Ballast Point rent is 8% higher than Tampa average
| Average Rent | $1,462 |
|---|
Bayshore Beautiful rent is 6% higher than Tampa average
| Average Rent | $1,441 |
|---|
How Tampa Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,109 | 4% |
| Tampa | $1,359 | 5% |
| Miami | $1,702 | 2% |
| Homestead | $1,286 | 4% |
| Kissimmee | $1,365 | 2% |
| Orlando | $1,435 | 2% |
| Lakeland | $1,084 | 4% |
| St. Petersburg | $1,376 | 7% |
| Brandon | $1,238 | 5% |
| Clearwater | $1,263 | 7% |
| Riverview | $1,378 | 4% |
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!