East Tampa renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in East Tampa is about $1,080 per month. This puts it in the 19th percentile compared to the city average cost of rent, which is $1,385. Households in East Tampa have a median income of $2,829 per month so the average renter in East Tampa is spending roughly 38% of their earnings on housing.
Nationally, and in East Tampa, home values are the data point most closely correlated with the cost of rent. The median price of a home in East Tampa is $167,932 right now, which is lower than nearby neighborhoods, meaning that rents in East Tampa also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of East Tampa while lower rent rates are often available in southwestern areas.
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