Tampa city, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Tampa city, Florida rental market.
Tampa city, Florida
Average Apartment Rent
Y-o-Y Change in Apartment Rent
Compared to a year ago, Tampa city, Florida apartments have recorded a 4.54% rent increase.
Tampa city, Florida |Median apartment rent trend
Tampa city, Florida| Average apartment rent by city
Tampa city, Florida | Apartment rent ranges
At 50.45%, apartments priced $1,000 - $1,500 represent the bulk of Tampa city, Florida rentals, while condos priced $500 - $700 hold the lowest share of the market – 1.17%.
Tampa city, Florida | Housing tenure
Renters take up 52% of Tampa city, Florida real estate, occupying a total of 77,911 units, while homeowners live in 71,368 properties.
Median number of rooms of renter-occupied housing units
Renter Median household income
Average household size of renter occupied-housing units
Rental vacancy rate
Tampa city, Florida | Renter-occupied housing units by no. of bedrooms
There are 29,300 rentals in Tampa city, Florida with 2 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 483 units. Overall, the median number of rooms in Tampa city, Florida homes for rent is 4.1.
Tampa city, Florida |Renter-occupied units by age of householder
Most condos for rent in Tampa city, Florida are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Tampa city, Florida | Renter-occupied housing units by family type
Tampa city, Florida | Renter-occupied housing units by the presence of own children
A total of 34,907 apartments for rent in Tampa city, Florida, or 45% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 20,628 units. All in all, the median size of a renter-occupied household in Tampa city, Florida is 2.32.
Tampa city, Florida | Renter-occupied housing units by educational attainment
In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Tampa city, Florida.
Tampa city, Florida | Renter-occupied units by year structure built
The highest share of Tampa city, Florida apartment rentals, namely 17% or 13,501 units, were built 2000 - 2009, followed by those built 1970 - 1979 (16%, 12,128 units), and the ones built 1990 - 1999 (15%, 11,763 units).
Tampa city, Florida | Renter-occupied units by year householder moved in
Median year renter moved into unit2014
Most Tampa city, Florida renters (46%) moved in 2010 to 2014, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Tampa city, Florida condos for rent is 2014.
Tampa city, Florida | Renter-occupied housing units by vehicles available
When it comes to transportation options, 53% of Tampa city, Florida renters have 1 vehicle available per household, 24% of them have 2 vehicles available, and 17% have no vehicle available.
Tampa city, Florida | Means of transportation to work of householders living in renter-occupied housing units
Tampa city, Florida |Geographical mobility in the past year for householders living in renter-occupies housing units
Tampa city, Florida | Average apartment rent by zip codes
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 city, Florida 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.
Average single family rent calculated from point2homes.com data.
Exceptions: Data sourced from U.S. Census Bureau; American Community Survey, 2018 American Community Survey 5-Year Estimates