Tampa rent growth has flattened after a 30%+ post-pandemic run. Insurance costs are the key underwriting variable. This page combines HUD Fair Market Rent anchors, ApartmentList-derived vacancy estimates, and CBRE-tier cap-rate benchmarks into one landlord-focused view.
Tampa rent growth has flattened after a 30%+ post-pandemic run. Insurance costs are the key underwriting variable.
Vacancy is currently 7.8% with a year-over-year rent change of +1.1%. Rent direction is positive — underwriting can credit modest growth in year-2 rents but should not extrapolate aggressive trajectories given vacancy levels.
For deal-level analysis, the cap-rate calculator uses our Tier 1 benchmark (mid 5.7% for single-family). The cash-flow analyzer will give you a full P&L including debt service.
| Bedrooms | Median rent | Estimated range |
|---|---|---|
| Studio | $1,444 | $1,242 – $1,675 |
| 1 BR | $1,595 | $1,372 – $1,850 |
| 2 BR | $1,886 | $1,622 – $2,188 |
| 3 BR | $2,414 | $2,076 – $2,800 |
| 4 BR | $2,824 | $2,429 – $3,276 |
Anchored to HUD FMR for ZIP 33606, aged forward with BLS CPI Shelter (+4.6% / yr). Use the estimator below for a different ZIP within Tampa.
Pre-filled for ZIP 33606. Change any field to re-estimate.
The HUD-anchored median 2-bedroom rent in Tampa is approximately $1,886, with year-over-year growth of +1.1%. Individual rents vary widely by submarket and property condition — use the Rent Estimator above for a ZIP-specific number.
Tampa sits in our Tier 1 group with an estimated cap rate band averaging 5.7% for single-family rentals and a vacancy rate of 7.8%. Tampa rent growth has flattened after a 30%+ post-pandemic run. Insurance costs are the key underwriting variable.
Single-family rental cap rates in Tampa typically land near 5.7%, with a metro-tier band drawn from CBRE survey ranges. Run the Cap Rate Calculator for a specific deal.
Year-over-year rent change is +1.1%. Forward 12-month projection blends recent metro trend with BLS shelter CPI. Use the LandlordIQ /get_rent_growth endpoint for the live projection.
No (Florida state preemption). Notice to vacate: 60 days. Security deposit cap: No statutory cap. Florida requires 60-day notice for non-renewal of annual leases. Deposits held in separate FL account. Plain-English summary, not legal advice.
Data: HUD Fair Market Rents (FY2024, public). Vacancy and rent growth are estimated blends of public datasets clearly labeled. Cap rate band is the Tier 1 benchmark from our benchmarks dataset. Regulation summary is editorial — not legal advice. See methodology.