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Tampa, FL: 361 apartments available for rent

Last updated May 29 at 6:40AM
Bleecker Hyde Park
1702 W Cleveland St
Tampa, FL
Updated May 29 at 6:39AM
Studio
$1,165
1 Bedroom
$1,236
2 Bedrooms
$2,015
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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
May 2017 Tampa Rent Report

Tampa rents stayed flat over the past month

Rent prices in Tampa have grown by 4.0% in the past year, though rent growth was flat over the past month. 1-bedrooms in Tampa have a median rent of $1,130, while 2-bedrooms cost $1,300.

Tampa has the 5th highest rents

  • Miami: Miami is the most expensive city for renters in Florida. 2-bedrooms in Miami rent for $2,500, and 1-bedrooms have a median rent of $1,950. Miami rents have decreased by 1.4% over the past year.
  • Jacksonville: Jacksonville has the 9th highest rents in the state. Median rents in Jacksonville are at $1,030 for 2-bedrooms and $900 for 1-bedrooms. Jacksonville rents grew by 0.3% over the past month.
  • Tallahassee: Tallahassee is the 10th most expensive city for renters. A 2-bedroom in the state’s capital rents for $800, while 1-beds run $650. Rents in Tallahassee have grown by 0.3% in the last month.

Port St. Lucie shows the fastest-growing rents

  • Port St. Lucie: Having experienced a 7.1% increase in rents in the past year, Port St. Lucie shows the fastest-growing rents in Florida. A 2-bedroom in Port St. Lucie costs $1,300, and 1-bedrooms have a median rent of $1,000.
  • Orlando: Orlando rents have grown by 5.2% in the past year, the 2nd highest year-over-year rent growth in the state. 1- and 2-bedrooms in Orlando cost $1,150 and $1,300, respectively.
  • St. Petersburg: With prices 4.7% higher than last year, St. Petersburg shows the 3rd fastest-growing rents. 2-bedrooms in St. Petersburg run a median rent of $1,460, while 1-beds cost $1,180.

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 1 BR price Median 2 BR price M/M price change Y/Y price change
Miami $1950 $2500 -0.2% -1.4%
Fort Lauderdale $1500 $1900 0.1% 0.3%
Pembroke Pines $1390 $1720 -1.4% 4.5%
St. Petersburg $1180 $1460 0.1% 4.7%
Tampa $1130 $1300 0.0% 4.0%
Orlando $1150 $1300 1.4% 5.2%
Port St. Lucie $1000 $1300 2.5% 7.1%
Cape Coral $750 $1060 1.4% 1.1%
Jacksonville $900 $1030 0.3% 3.4%
Tallahassee $650 $800 0.3% 2.5%

Tampa Neighborhood Price Map

Methodology:

Apartment List Rent Report data is drawn monthly from the millions of listings on our site. 1-bedroom and 2-bedroom rents are calculated as the median for units available in the specified size and time period. Price changes are calculated using a “same unit” methodology similar to the Case-Shiller “repeat sales” home prices methodology, taking the average price change for units available across both time periods.

About Rent Reports:

Apartment List’s Rent Reports cover rental pricing data in major cities, their suburbs, and their neighborhoods. We provide valuable leading indicators of rental price trends, highlight data on top cities, and identify the key facts renters should know. As always, our goal is to provide price transparency to America’s 105 million renters to help them make the best possible decisions in choosing a place to call home.