The Most Affordable Neighborhoods in Plaza Terrace, Tampa, FL by Home Value

 

Plaza Terrace, Tampa, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Plaza Terrace area can be challenging. Home prices in Plaza Terrace are now at a median cost of $231,316, lower than the Tampa average of $254,773.

The average cost of rent is $1,148/mo in Plaza Terrace, primarily driven by the current value of real estate in the Plaza Terrace area. While nearly 36.14% of residents own their homes outright in Plaza Terrace, 73.45% rent.

Housing affordability isn’t just about home prices, though. The average household income in Plaza Terrace is $3,505 per month. Households that rent pay about 32.75% of their income on rent here. Plaza Terrace's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the neighborhood.


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