The Most Affordable Neighborhoods in Downtown Tampa, Tampa, FL by Home Value

 

Downtown Tampa, Tampa, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Downtown Tampa area can be challenging. Home prices in Downtown Tampa are now at a median cost of $517,035, higher than the Tampa average of $371,982.

The average cost of rent is $2,253/mo in Downtown Tampa, primarily driven by the current value of real estate in the Downtown Tampa area. In Downtown Tampa, 90.38% of households rent, and 37.94% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Downtown Tampa is $6,476 per month. Households that rent pay about 34.78% of their income on rent here. Downtown Tampa’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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