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451 Apartments for rent in Tampa, FL

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Last updated October 21 at 1:55PM
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City Guide
Tampa
Renting in Tampa

The recession and housing market collapse of the late 2000s undeniably smacked Tampa hard. Tens of thousands of jobs were lost over 2008 and 2009, and that led to thousands of foreclosures and vacancies. There are ample apartments and condos for the picking here, so you’ll probably have a tougher time deciding on a place rather than finding one.

How much will it cost?

The cost of living in Tampa is slightly less than the national average, and a spring 2011 survey of 93,000 rental units in Tampa showed the average monthly price for a 1 bedroom/1 bathroom was about $730, with 2 BR units averaging out at $925 a month.

Make a radius

Grab a map, find your job, and determine how far from your place of employment you want to live. Lots of people in the Tampa Bay area live in one city but work in another, and they pay the price for that. If you’re the type of person who wants to keep your travel time in the range of say, five mind-numbing Top 40 songs as opposed to 10, choose your location carefully.

More old, less new

Florida’s nonstop, rabbit-on-Viagra-like growth slammed into a brick wall when the recession hit. That trend has carried over to apartments as well. A check of 31,000 rental units in Tampa shows 23,000 of them are at least 30 years old, while just 8,000 were built within the last five years. If you like your apartments with fewer ghosts within its walls, do your homework to find a newer place.

Tampa Neighborhoods

In many ways, Tampa is like a big cluster of small towns. Clusters, when they’re made of nuts and honey, are often delicious in cereal, but in a city? That’s up to you to decide.

Downtown Tampa: Chock full of business, the downtown area is also emerging as a rental area with newer condos and construction. Much of the city’s culture can be found here at places like the Tampa Theater, St. Pete Times Forum and the University of Tampa. Ybor City, the famous Cigar-inspired neighborhood, is just northeast of downtown and home to a few thousand Tampa residents. Westshore is Tampa’s core business center, but some rentals are here as well.

New Tampa: This area is home to a lot of renters, and has seen a lot of growth over the past two decades. There’s a good chance you’ll have a few places from New Tampa on your short list.

North Tampa: While the neighborhood of North Tampa itself is sparsely populated, it’s also adjacent to the University area which is home to the University of South Florida and plenty of apartments.

South Tampa: Home to MacDill Air Force Base and thousands of its employees, South Tampa is a more prosperous area. Lots of nice rentals are available in this desirable region.

West Tampa: Cultures converge here as a large Hispanic population calls this area home. There are both newer and older rental options here.

Life in Tampa

Tampa offers some of everything that’s great about Florida. You’ve got warm weather in the winter, the inviting Gulf of Mexico, theme parks; but this city also has some of its drawbacks.

Dude, where’s my job?

As we’ve mentioned, the recession hit Tampa hard. The unemployment rate has been mired in the double digits for a few years now, and the economic recovery here has been slow. Even if you’re kicking butt at your job now, it’s still wise to have a Plan B stashed somewhere in the back of that cerebellum of yours.

The lightning, not the Lightning, strikes

Considered by many to be the lightning strike capital of the world, Tampa promises lots of heat, humidity and yes, flashy bolts of organic electricity firing down from the sky. While that can be dangerous, or a nuisance, or just pretty cool, we can thankfully report that Lightning strikes – meaning actual assaults by members of the Tampa Bay Lightning hockey team on unsuspecting civilians – are on the decline. The summers are quite hot and humid here, and hurricanes are also an occasional concern.

If the idea of hot summer and warm winters, ocean access, and big league sports appeals to you, Tampa will be a great place to call home. Good luck!

Rent Report
Tampa

October 2017 Tampa Rent Report

Welcome to the October 2017 Tampa Rent Report. Tampa rents increased over the past month. In this report, we'll evaluate trends in the Tampa rental market, including comparisons to cities throughout the state and nation.

Tampa rents increased slightly over the past month

Tampa rents have increased 0.2% over the past month, and are up significantly by 5.4% in comparison to the same time last year. Currently, median rents in Tampa stand at $980 for a one-bedroom apartment and $1,220 for a two-bedroom. This is the eighth straight month that the city has seen rent increases after a decline in January. Tampa's year-over-year rent growth leads the state average of 3.5%, as well as the national average of 2.8%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Tampa, but across the entire state. Of the largest 10 cities that we have data for in Florida, 9 of them have seen prices rise. The state as a whole logged rent growth of 3.5% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,390; of the 10 largest cities in the state that we have data for, Miami, where a two-bedroom goes for $1,350, is the only major city to see rents fall year-over-year (-0.3%).
  • Orlando, Port St. Lucie, and Tampa have all experienced year-over-year growth above the state average (6.6%, 6.4%, and 5.4%, respectively).

Tampa rents more affordable than many large cities nationwide

As rents have increased significantly in Tampa, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Tampa is still more affordable than most large cities across the country.

  • Tampa's median two-bedroom rent of $1,220 is above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 5.4% rise in Tampa.
  • While Tampa's rents rose significantly over the past year, the city of Houston saw a decrease of 1.5%.
  • Renters will find more reasonable prices in Tampa than most large cities. For example, Los Angeles has a median 2BR rent of $1,740, which is nearly one-and-a-half times the price in Tampa.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Tampa $980 $1,220 0.2% 5.4%
St. Petersburg $930 $1,160 0.4% 5.3%
Clearwater $930 $1,160 0.7% 4.3%
Brandon $1,000 $1,250 -0.1% 3.8%
Largo $900 $1,120 0.6% 5.8%
Riverview $1,030 $1,280 -0.0% 2.0%
Palm Harbor $1,050 $1,300 -0.3% 3.6%
New Port Richey $810 $1,010 -0.0% 8.6%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

Tampa Renter Confidence Survey
National study of renter confidence in the economy, homeownership, and cities
Here's how Tampa ranks on:
C+ Overall satisfaction
C+ Safety and crime rate
B Jobs and career opportunities
B- Recreational activities
B Affordability
B Quality of schools
A Weather
C Commute time
A State and local taxes
C- Public transit
B- Pet-friendliness
Best Worst
Full data available when viewing on a non-mobile device.
Overview of Findings

Apartment List has released results for Tampa from the second annual Apartment List Renter Satisfaction Survey. The survey, which drew on responses from over 30,000 renters, provides insight into what states and cities must do to meet the needs of the 105 million American renters nationwide.

“Orlando renters are generally satisfied with the city overall,” says Andrew Woo, Director of Data Science at Apartment List. “Most renters gave average or above average scores across the board.”

Key findings in Tampa include the following:

  • Tampa renters give their city a C+ overall for satisfaction.
  • The highest-rated categories for Tampa were weather (A) and state and local taxes (A).
  • Renters here are also relatively satisfied with local jobs and career opportunities (B), affordability/cost of living (B), and quality of local schools (B)
  • Sources for dissatisfaction in Tampa renters included safety (C+), commute times (C), and access to public transportation (C-).
  • Millennial renters in Tampa are relatively satisfied with the city, giving it a score of B-.
  • Compared to other Floridian cities, Tampa’s renters are more satisfied than those in Miami (C-). However, renters here are less satisfied with their city than those in Orlando (B) and Jacksonville (A-).
  • The top rated cities nationwide for renter satisfaction included Arlington, VA; Lincoln, NE; Pasadena, CA; Boston, MA; and Madison, WI. The lowest rated cities included Newark, NJ; Bronx, NY; Bridgeport, CT; Baltimore, MD; and Salinas, CA.

Renters say:

  • “[Tampa is] pet friendly, with lots of parks and entertainment. Have access to public transit, and my rent isn't too bad.” —Sarah K.
  • “I love the weather & the variety of outdoor things to do. Tampa has great access to many local beaches, and downtown has many things to do, such as museums, theatres, and restaurants. Traffic is a monster, especially during traditional rush hours, so be prepared for that.” —Anon.
  • “I love how quickly the city is growing, especially for young professionals. The areas of South Tampa, Downtown, Channelside and Seminole Heights are experiencing rapid growth. I hate the traffic in Tampa, however. There is ongoing construction on the highways and it doesn't seem to end. It causes backups and terrible traffic slowdowns. I am also dissatisfied with the public transit system. Tampa is a city where you absolutely need a car to get around comfortably. Things are not close by, and the only public transit system is in the form of bus. The bus system is not convenient and, as a woman, I would not feel safe walking from the bus stop to my destination or back home, as Tampa does not have many pedestrians.” —Emillie D.
  • “I hate the traffic. It takes me over an hour to get to work when it should be 15 minutes. It is very frustrating, and I do not see it getting better. On another note, I love the weather here. Other than the traffic everything else is good.” —Linda P.