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City Report · FL

Tampa

Pop. 401,618·200th most expensive in Florida·Rental market data updated monthly for Tampa, FL
Median rent (all units)
$1,930/mo
Year-over-Year
-0.3%
Month-over-Month
+0.2%
vs US Median
-$2
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Tampa · $1,930
More expensive than 56% of US cities · National median $1,932/mo
Rent Reality Score
79/100
Good value
OverheatedFairGreat value

Rents are 15% below what Tampa's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,930/mo
Expected by trend
$2,257/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
Fair Market Rent (HUD)
$2,151/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,930 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Tampa usually run 0.8% below trend in December and 0.7% above it in August, about $29 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Tampa is 0.7% below its high of $1,943 in March 2025, at $1,930 as of September 2026.

Past year vs. the rest of Florida

Rent in Tampa changed -0.3% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in Tampa rose 48.3% while median household income rose 40.2% ($53,833 to $75,475). Rent outpaced income.

Since before the pandemic

Rent in Tampa is 45.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($75,475) is $1,887 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,834); a 2-bedroom is $2,151.

Spread across ZIP codes

The priciest of 16 ZIP codes in Tampa, 33629 ($2,795/mo), costs 2 times the cheapest, 33613 ($1,428/mo).

Cheaper nearby

Temple Terrace, 6 miles away, rents for 10% less ($1,737/mo), about $2,300 a year in savings.

From Zillow's monthly rent index (ZORI) for Tampa. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$23,160/yr
At $1,930/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 (-0.3% YoY, +0.2% MoM), not inventory.
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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
$1,454 → $1,930
up 32.7%
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 32.7% since 2021, going from about $1,454 per month to roughly $1,930 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 6.7 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

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

Can you afford rent in Tampa on your salary?

At $1,930/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: October 17, 2026

The median rent in Tampa is $1,930/mo as of October 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 31% of local median household income ($75,475/yr), Tampa ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

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 $77,000/year (about $37/hour full-time) to afford the median rent of $1,930/mo in Tampa. The local median household income is $75,475/yr, so the typical household falls short of that bar.

Is rent going up or down in Tampa?

Rent in Tampa has been roughly flat over the past year as of September 2026, a -0.3% change. It sits 0.7% below its high of $1,943 in March 2025.

When is the cheapest time to rent in Tampa?

Asking rents in Tampa are usually lowest in December, about 0.8% below their yearly trend, and highest in August, about 0.7% above it. At today's median that is a gap of roughly $29 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Tampa?

Yes. From 2019 to 2024, rent in Tampa rose 48.3% while median household income rose 40.2%, from $53,833 to $75,475. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Tampa neighborhoods have the lowest rent?

The most affordable ZIP codes in Tampa are 33613 ($1,428/mo), 33612 ($1,500/mo), and 33604 ($1,509/mo). Citywide, the median rent is $1,930/mo.

How does Tampa rent compare to other cities in Florida?

Tampa is one of the more affordable among Florida cities for rent, ranking #200 of 289 tracked cities at $1,930/mo. Over the year to September 2026, rent in Tampa changed -0.3%, against a typical +1.8% across the 270 Florida cities Zillow tracks.

Which nearby cities are cheaper to rent in than Tampa?

Nearby cities with lower median rent than Tampa ($1,930/mo) include Egypt Lake-Leto ($1,531/mo), Greater Carrollwood ($1,735/mo), and Temple Terrace ($1,737/mo).
Income Affordability
31%
MODERATE

At $1,930/mo, rent takes ~31% of Tampa's median household income ($75,475/yr). The standard benchmark is 30%.

Tampa 31%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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