Port Tampa City 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 Port Tampa City is about $1,720 per month. This puts it in the 80th percentile compared to the city average cost of rent, which is $1,385. Households in Port Tampa City have a median income of $9,035 per month so the average renter in Port Tampa City is spending roughly 19% of their earnings on housing.
Nationally, and in Port Tampa City, home values are the data point most closely correlated with the cost of rent. The median price of a home in Port Tampa City is $336,058 right now, which is lower than nearby neighborhoods, meaning that rents in Port Tampa City also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the southern parts of Port Tampa City while lower rent rates are often available in southeastern areas.
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