Tampa Palms 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 Tampa Palms is about $1,545 per month. This puts it in the 68th percentile compared to the city average cost of rent, which is $1,385. Households in Tampa Palms have a median income of $9,762 per month so the average renter in Tampa Palms is spending roughly 16% of their earnings on housing.
Nationally, and in Tampa Palms, home values are the data point most closely correlated with the cost of rent. The median price of a home in Tampa Palms is $352,793 right now, which is higher than nearby neighborhoods, meaning that rents in Tampa Palms also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Tampa Palms while lower rent rates are often available in southwestern areas.
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