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Rent prices in Tampa, Florida vary depending on location, size, and quality. The average rent in Tampa is between $1,661 and $2,195 per month. However, prices can range from $450 to $68,000. Downtown Tampa and Harbour Island are among the most expensive neighbourhoods, with rents exceeding $2,700 per month. On the other hand, Lowry Park, Sulphur Springs, North Tampa, and Temple Crest offer more affordable options, with average rents ranging from $1,130 to $1,585 per month. The cost of living in Tampa is generally lower than the national average, making it an attractive option for renters seeking a balance between affordability and quality of life.
| Characteristics | Values |
|---|---|
| Average rent in Tampa, Florida | $1,661 per month (as of July 2025) |
| Average rent for all bedrooms and property types | $2,195 |
| Average rent for a studio apartment | $1,589 per month |
| Average rent for a 1-bedroom apartment | $1,470 per month |
| Average rent for a 2-bedroom apartment | $2,013 per month |
| Average rent for a 3-bedroom apartment | $2,437 per month |
| Most affordable neighborhoods | Sulphur Springs, Northwest Tampa, North Tampa, Temple Crest, Plaza Terrace, Fair Oaks - Manhattan Manor, Gray Gables, Lowry Park |
| Most expensive neighborhoods | Downtown Tampa, Harbour Island, Uptown Tampa, Westshore Palms, Waterfront Park, City Center Tampa, Oakford Park |
| Overall cost of living in Tampa | 2% lower than the national average |
| Tampa's rental market temperature | Cool |
| Tampa's real estate appreciation over 10 years | 185.12% |
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What You'll Learn
Tampa's most affordable neighbourhoods
The average rent in Tampa, Florida is $2,195, though prices vary depending on location, size, and quality. The average rent for an apartment is $2,038, while the median rent for all bedrooms and property types is $1,959. Tampa's overall cost of living is 2% lower than the national average, and its rent prices are 5% higher.
If you're looking for more affordable neighbourhoods in Tampa, consider the following:
- North Tampa: With an average rent of $1,130 per month, North Tampa is one of the city's most affordable areas.
- Temple Crest: Renters in Temple Crest pay an average of $1,204 per month, making it another budget-friendly option.
- Plaza Terrace: This neighbourhood offers relatively affordable rent, with an average of $1,484 per month.
- Fair Oaks - Manhattan Manor: With asking prices of $1,545, this neighbourhood offers deals below the average rent in Tampa.
- Gray Gables: You can expect to pay around $1,575 per month in Gray Gables, which is slightly more affordable than other areas.
- Lowry Park: With average rents of $1,585, Lowry Park is another neighbourhood to consider for more reasonable prices.
- Seminole Heights: This neighbourhood stands out for its blend of historic charm and modern creativity, along with its affordable housing options. It offers low housing and rental costs compared to other top Tampa neighbourhoods.
- Ballast Point: Ballast Point provides a mix of new and historical homes, with a median home price of $407,620. It's known for its safety and low crime rates.
- Beach Park: With a median home price of $413,225, Beach Park is a safe and affordable option for students, singles, and families.
- Riverside Heights: This cosy and budget-friendly neighbourhood has a median home price of $249,700, making it a cost-effective choice.
If you're open to exploring the suburbs, there are also affordable options outside of Tampa, such as Holiday, Mulberry, and Ruskin in the greater Tampa Bay area. These areas offer more affordable living without compromising on proximity to the city.
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Tampa's most expensive neighbourhoods
The average rent for an apartment in Tampa, Florida, is $2,038, although some sources place the average rent for all property types at $2,195. The cost of rent varies depending on location, size, and quality. Tampa has its fair share of wealthy neighbourhoods, with a mix of upscale condos, mansions, and historic homes. Here is a list of Tampa's most expensive neighbourhoods:
Culbreath Isles/Culbreath
Culbreath Isles is a prestigious gated community nestled along Old Tampa Bay. It is known for its privacy, security, and luxurious properties. The deep-water canals running through the neighbourhood allow residents direct access to Tampa Bay, making it ideal for boating enthusiasts. The median home price in Culbreath Isles is around $3 million, with some waterfront homes exceeding $10 million.
Beach Park
Beach Park is a multimillion-dollar neighbourhood in South Tampa, characterised by its tree-lined streets and a mix of architectural styles. Residents enjoy large lots, lush landscaping, and proximity to the waterfront. Beach Park offers easy access to top-rated schools, boutique shopping, and fine dining options.
Harbour Island
Harbour Island is the second-richest neighbourhood in Tampa, with a median household income of $82,755 and a median home price of $605,424. This upscale community features private residential areas with single-family homes and spacious houses. The presence of a yacht club adds to its maritime charm. Harbour Island is popular among younger families seeking a blend of luxury and a vibrant atmosphere.
Davis Islands
Davis Islands, located just southwest of downtown Tampa, offers a mix of historic homes and new construction. Residents enjoy stunning views of Hillsborough Bay and the downtown skyline, with many homes boasting private docks. Homes on Davis Islands range from $1.5 million to as much as $22.5 million, depending on location and amenities.
Sunset Park
Sunset Park, located near the water, boasts a median household income of $197,570 and a median home price of $1,422,215. The neighbourhood is known for its huge houses and upscale condo buildings. With highly-rated schools, walkable streets, and homes with yards, Sunset Park is a family-friendly and quiet community.
Parkland Estates
Parkland Estates is a small neighbourhood located near Hillsborough Bay and Palma Ceia Golf and Country Club. With a median household income of $154,935, the area offers residents easy access to shopping and dining in Hyde Park Village and the SoHo entertainment district. The average home price in Parkland Estates is $1,000,000.
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How Tampa's rent prices compare to the national average
The average rent in Tampa, Florida varies depending on the source and the timeframe. As of July 2025, the average rent in Tampa, Florida, is $1,661 per month, which is 1% higher than the national average of $1,637. This is based on data from apartments.com.
However, other sources provide different estimates for the average rent in Tampa. According to RentCafe, the average rent for an apartment in Tampa is $2,038 per month. Zillow reports an average rent of $2,195, which is 4.52% higher than the national average of $2,100.
The cost of rent in Tampa varies depending on several factors, including location, size, and quality. The average rent for a studio apartment in Tampa ranges from $1,500 to $1,949, while a one-bedroom apartment can range from $1,000 to $3,295 per month, depending on the neighbourhood. Two-bedroom apartments in Tampa average around $1,825 to $2,013 per month, while three-bedroom rentals can start at $2,437 or more.
Tampa also offers a range of affordable neighbourhoods, such as North Tampa ($1,130), Temple Crest ($1,041 - $1,204), Sulphur Springs ($1,000), and Plaza Terrace ($1,484). On the other hand, the most expensive neighbourhoods in Tampa include Uptown Tampa ($3,042), Westshore Palms ($3,067), Harbour Island ($2,784 - $3,224), and the Hyde Park Historic District ($3,295).
Overall, Tampa's rental market is considered relatively affordable compared to many major metropolitan areas in the U.S. The cost of living in Tampa is also slightly lower than the national average, making it an attractive option for renters.
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The impact of location on rent prices in Tampa
The average rent in Tampa, Florida varies depending on location, with more desirable neighbourhoods demanding higher prices. Overall, Tampa's rent prices are higher than the national average, but the cost of living in the city is lower than the national average.
The average rent in Tampa is $1,661 per month, though this can vary significantly by neighbourhood. For example, a rental unit in downtown Tampa may go for over $2,700 per month, while places in Lowry Park and Sulphur Springs cost an average of $1,465 per month. The most expensive neighbourhoods in Tampa are Uptown Tampa, Westshore Palms, and Harbour Island, where the average rent is above $3,000 per month. On the other hand, the most affordable neighbourhoods in Tampa are North Tampa, Temple Crest, and Plaza Terrace, where rents range from $1,130 to $1,484 per month.
The price of rent in Tampa is influenced by various economic factors, including inflation and interest rates. When inflation goes up, rent tends to increase. Interest rates can also impact the cost of rent by affecting the cost of borrowing money for building houses. Additionally, the strength of the local economy and the demand for housing can influence rent prices. Tampa's healthy rental market is supported by a strong job market and a growing population of young adults, which has led to recent increases in rent prices.
The type of property also affects the cost of rent in Tampa. Studio apartments are the smallest and most affordable, one-bedroom apartments are closer to the average, and two-bedroom apartments offer more space. Three-bedroom apartments are the most expensive, with rents starting at $2,437 per month. The average rent for a one-bedroom apartment in Tampa is $1,364 per month, while a one-bedroom apartment in downtown Tampa costs about $1,974 per month.
In summary, the location has a significant impact on rent prices in Tampa, with desirable neighbourhoods and downtown spots commanding higher rents. Economic factors, such as inflation and interest rates, also play a crucial role in determining rent prices. Additionally, the type of property and the local economy influence the cost of rent. Tampa offers a range of rental options, from inexpensive properties under $1,000 per month to pricey options above $5,000 per month.
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The cheapest and most expensive property types in Tampa
The average rent for an apartment in Tampa is $2,038 per month. However, the average rent across all property types is $2,195 per month. The cost of rent varies depending on location, size, and quality. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, and apartments with 2 or more bedrooms offer more square footage.
The most affordable neighborhoods in Tampa for renters are North Tampa ($1,130/month), Temple Crest ($1,204/month), and Plaza Terrace ($1,484/month). Fair Oaks - Manhattan Manor ($1,545), Gray Gables ($1,575), and Lowry Park ($1,585) also offer great deals on rental prices.
The most expensive neighborhoods in Tampa are Uptown Tampa ($3,042), Westshore Palms ($3,067), and Harbour Island ($3,224). Courier City - Oscawana is one of the most popular neighborhoods, with an average rent of $2,539 per month.
The cheapest properties for sale in Tampa have a median listing price of $500,000. However, it's important to note that this may vary depending on the specific area and property type. One example of a cheap home for sale in Tampa is a 2-bedroom, 2-bathroom condo located in the gated community of Enclave at Richmond Place, offering modern updates and convenient access to local amenities.
On the other hand, the most expensive homes in Tampa can list for much more. Tampa Bay's most expensive listing ever was a $38.5 million mansion in Odessa, featuring six bedrooms, ten bathrooms, and an array of luxurious amenities. Another notable expensive property in Tampa is a waterfront estate in the coveted community of Davis Islands, boasting spectacular views and modern luxury.
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Frequently asked questions
The average rent in Tampa, Florida, ranges from $1,661 to $2,195 per month.
Yes, Lowry Park and Sulphur Springs are suburbs in Tampa with lower rent rates, averaging $1,465 per month.
Yes, North Tampa, Temple Crest, and Plaza Terrace are neighbourhoods in Tampa with relatively lower rent prices, ranging from $1,130 to $1,484 per month.
Yes, factors such as size and quality also influence rent rates in Tampa. Studio, one-bedroom, and two-bedroom apartments have varying prices, with studios being the most affordable and two-bedroom apartments offering more space.
The cost of living in Tampa is generally lower than the national average. Housing in Tampa is about 5.9% less expensive, and the overall cost of living is 2% lower than the national average.
