Tampa

Florida ยท Ranked #353 of 373 metros

32Crisis
๐Ÿ’ก
Housing in Tampa costs 5.12ร— the median income, above the national average of 4.5ร—. The median home price is $372K and median rent is $1,729/month. Tampa ranks #353 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$372K

Need $109K income

Median Rent

๐Ÿ”‘

$1,729

Need $66K income

Housing Shortage

๐Ÿ“‰

70,000

units needed

Building Permits

๐Ÿ”จ

22,000

annual

Median Income

๐Ÿ’ฐ

$73K

Pop: 3,219,514

Rent Burden

โš ๏ธ

37.5%

of renters paying >30%

Price Change (YoY)

๐Ÿ“ˆ

+4.5%

Homeownership

๐Ÿก

68.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricTampaNational
Price-to-Income Ratio5.12x6.1x
Rent Burden37.5%31.5%
Homeownership Rate68.0%65.5%
YoY Price Change+4.5%+3.5%
YoY Rent Change+3%+2.8%
Mortgage Denial Rate15.5%13.5%
Eviction Rate5.2%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +77.1%Since 2000: +289%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$1,593/mo
1 Bedroom$1,696/mo
2 Bedroom$1,977/mo
3 Bedroom$2,527/mo
4 Bedroom$3,077/mo

Zillow Market Data

Home Value (ZHVI)

$355K

1yr: -4.8%5yr: +33.9%

Rent (ZORI)

$1,976/mo

1yr: -1.7%5yr: +36.4%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$423K

Active Inventory

198

Days on Market

59

Sold Above List

7.7%

Price Drops

32.8%