Reserve at Temple Terrace
8800 Boardwalk Trail Dr,
Tampa, FL 33637
1-2 Beds | $1,399 - $1,799
Rental Market Trends in Tampa, FL
What is the average rent in Tampa, FL?
$1,666/month
Average Rent
720 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
As of April 2025, the average rent in Tampa, FL is $1,666 per month. For comparison, the national average rent price in the US is currently $1,576/month, which means Tampa rent prices are 6% higher than the national average. When you rent an apartment in Tampa, you can expect to pay about $1,586 per month for a studio, $1,666 for a one-bedroom apartment, and around $2,011 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,405 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Tampa, FL?
In the past year, rent has increased by 0.9%, which averages out to $15 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Tampa, FL
Last Updated April 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
2%
Below $700/month
10%
$700 - $1,000/month
31%
$1,001 - $1,500/month
35%
$1,501 - $2,000/month
22%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Tampa?
Based on current rent prices, University Square, Oak Grove and North Tampa are the most affordable neighborhoods in Tampa.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Tampa?
Based on current rent prices, Waterfront Park, City Center Tampa and Channelside are the most expensive neighborhoods in Tampa.
Neighborhood
Average Rent
Average Sq Ft
Which Tampa neighborhoods have the most rentals available?
The neighborhoods in Tampa with the most apartments available are Downtown Tampa, North Tampa and West Tampa .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Tampa, FL?
Because the average rent in Tampa is $1,666, you’ll want to make about $5,553 per month or $66,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Tampa, FL is 3.3% lower than the national average. Generally, housing in Tampa is 3.9% less expensive than the national average, with rent falling between $1,586 - $2,405. You can expect to pay 2.4% more for groceries, 0.6% less for utilities, and 1.4% more for transportation.
How does Tampa, FL compare to other nearby cities and neighborhoods?
Use the tool below to compare Tampa, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,131/month
$2,283/month
One Bedroom
$1,197/month
$2,585/month
Two Bedroom
$1,359/month
$3,892/month
Three Bedroom
$1,452/month
$5,382/month
Nearby City Rent Trends
Apartment communities in Tampa we think you'll love
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Greystar
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3,217
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ZRS Management
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300
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TLR Group
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MAA
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288
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Starka Properties
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24
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2,253
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11
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Meadow Wood Property Company
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22
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3,136
Units
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8
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Willow Bridge
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685
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185,289
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313
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The Richman Group of Companies
-
47
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.