Tampa, FL Rental Market
Tampa has emerged as one of the fastest-growing major cities in the United States, fueled by a diversified economy spanning technology, defense, financial services, and a thriving port. Anchored by Raymond James Financial, MacDill Air Force Base, and a booming Channelside and Ybor City district, Tampa attracts young professionals and corporate relocations that sustain strong rental demand and consistent rent appreciation.
Get a rent estimate for an address in TampaAverage Rent in Tampa, FL
$1,680
per month · 2026-06
Market Score
Key Facts — Tampa, FL Rental Market
- Average rent in Tampa, FL:$1,680/mo
- Median rent:$1,546/mo
- Rent range:$850 – $3,700/mo
- Most common rental (2 bedrooms):$1,475/mo
- Active listings:2,400
- Avg days to lease:27 days
- Year-over-year change:+3.5%
- Median home value:$310,000
- Est. gross annual yield:6.5%
- Data as of:2026-06
Rent by Bedroom in Tampa, FL
Average monthly rent for each bedroom type based on current active listings in Tampa.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,200/mo |
2 Bedrooms | $1,475/mo |
3 Bedrooms | $1,875/mo |
4 Bedrooms | $2,325/mo |
5 Bedrooms | $2,650/mo |
Tampa Rental Market Statistics
Key indicators from the current Tampa, FL rental market.
2,400
Available now in Tampa
27
From list to lease
$1.24
Average across listings
1,350 sq ft
Typical rental size
$850 – $3,700
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Tampa, FL Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$310,000
Typical purchase price in Tampa
Est. Gross Annual Yield
6.5%
Before expenses & vacancy
Avg Monthly Income
$1,680
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Tampa for a full cash-flow breakdown including all costs.
Tampa, FL Rental Market FAQ
Common questions about renting and investing in Tampa, FL.
What is the average rent in Tampa, FL?
The average rent in Tampa, FL is $1,680 per month as of 2026. One-bedroom apartments average $1,200/mo, two-bedrooms average $1,475/mo, and three-bedroom homes average $1,875/mo. South Tampa, Hyde Park, and Channelside command the highest rents, while East Tampa and New Tampa offer more affordable options.
Is Tampa, FL a good place to invest in rental property?
Tampa offers an estimated 6.5% gross annual yield with a deep, diversified employer base including Raymond James, WellCare, USAA, and MacDill AFB. The combination of strong population in-migration from the Northeast and Midwest, no state income tax, and a growing tech sector positions Tampa as a top-tier long-term rental investment market in the Southeast.
How competitive is the Tampa, FL rental market?
Tampa is one of the most competitive rental markets in Florida, with over 2,400 active listings and an average of just 27 days on market. Waterfront and urban core properties in South Tampa and Ybor City move fastest. The broader metro absorbs high supply volumes thanks to Tampa's consistent population growth of roughly 2% annually.
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