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City Report · FL

Tampa

Pop. 401,618·185th most expensive in Florida·Rental market data updated monthly for Tampa, FL
Median rent (all units)
$1,999/mo
Year-over-Year
-0.1%
Month-over-Month
+0.7%
vs US Median
+$34
Rising (Monthly)
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Most AffordableMost Expensive
Tampa · $1,999
More expensive than 59% of US cities · National median $1,965/mo
Rent Reality Score
75/100
Good value
OverheatedFairGreat value

Rents are 12% below what Tampa's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,999/mo
Expected by trend
$2,283/mo
The Rent Reality Score compares today's median rent to where Tampa's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,703
1 BR
$1,834
2 BR
$2,151
3 BR
$2,753
4 BR+
$3,351
Research median
$2,151/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,988/yr
At $1,999/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-0.1% YoY, +0.7% MoM), not inventory.
Rent check

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Demographics

Who lives here

Tampa, FL is roughly split between renters and owners, 45.7% of residents hold a bachelor's degree or higher.

Population
401,618
Median income
$75,475
Median age
35.9
Renters
49.7%
Age distribution
19.4%
29.1%
26.3%
13.7%
Under 1819.4%
18–3429.1%
35–5426.3%
55–6411.5%
65+13.7%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
49%
20.4%
26.2%
White49%
Black20.4%
Hispanic26.2%
Asian4.9%
Education (25+)
22.1%
22.4%
45.7%
No HS diploma9.8%
HS diploma22.1%
Some college22.4%
Bachelor's+45.7%
Housing tenure
50.3%
49.7%
Owner50.3%
Renter49.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Tampa, FL has changed in 5 years

Rent
$1,458 → $1,999
up 37.1%
Income
$59,893 → $75,475
up 26.0%
Population
380,476 → 401,618
up 5.6%
Renter share
50% → 49.7%
-0.3 pts
Bachelor's+
41.8% → 45.7%
+3.9 pts

Rent in Tampa, FL has climbed 37.1% since 2021, going from about $1,458 per month to roughly $1,999 today. Median household income grew from $59,893 to $75,475 between 2021 and 2024, a 26.0% shift. Rent outpaced income growth by roughly 11.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 380,476 to 401,618 between 2021 and 2024, a 5.6% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 41.8% to 45.7%. Taken together, the five-year picture in Tampa, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Tampa

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View Tampa rent history (2015–2026) →
Salary vs rent

Can you afford rent in Tampa on your salary?

At $1,999/mo, how Tampa rent compares to typical pay (30% rule).

By apartment size

Tampa rent by bedroom count

Median rent for each apartment size in Tampa. Click any size for full breakdown.

Local insights

Tips for renters in Tampa

About renting in Tampa, FL

Last updated: July 20, 2026

The median rent in Tampa is $1,999/mo as of July 2026. A studio apartment averages $1,703/mo while a 2-bedroom runs $2,151/mo. One-bedroom apartments average $1,834/mo and 3-bedroom units go for $2,753/mo.

At 32% of local median household income ($75,475/yr), Tampa ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.

FAQ

Frequently asked questions

Is Tampa an affordable city for renters?

Tampa is considered moderate for renters. At $1,999/mo, rent takes approximately 32% of the local median household income ($75,475/yr). The standard benchmark is 30%. Tampa slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Tampa?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,999/mo in Tampa. The local median household income is $75,475/yr, meaning the typical Tampa household falls short of that threshold.

Is rent going up or down in Tampa?

Rent in Tampa has been relatively stable over the past year, with a 0.1% change year over year as of July 2026.

Which Tampa neighborhoods have the lowest rent?

The most affordable ZIP codes in Tampa are 33613 ($1,464/mo), 33612 ($1,545/mo), and 33604 ($1,588/mo). Citywide, the median rent in Tampa is $1,999/mo.

How does Tampa rent compare to other cities in Florida?

Tampa is middle-of-the-pack for Florida for rent, ranking #185 out of 288 tracked cities at $1,999/mo.

Which nearby cities are cheaper to rent in than Tampa?

Several nearby cities have lower median rents than Tampa ($1,999/mo): Egypt Lake-Leto ($1,531/mo), Greater Carrollwood ($1,735/mo), Temple Terrace ($1,793/mo).

What percentage of Tampa residents rent vs. own?

According to Census data, approximately 49.7% of Tampa households are renters, while 50.3% are owner-occupied. Tampa leans toward homeownership, which can mean a smaller rental inventory.

How does Tampa rent compare to the national average?

Tampa's median rent of $1,999/mo is $34 (2%) above the US national median of $1,965/mo. Within Florida, it ranks #185 out of 288 tracked cities.
Income Affordability
32%
MODERATE

At $1,999/mo, rent takes ~32% of Tampa's median household income ($75,475/yr). The standard benchmark is 30%.

Tampa 32%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Tampa, FL

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