Rent in Tampa up 2.5x national average

Posted at 12:39 PM, May 27, 2016
and last updated 2016-05-29 13:36:50-04
Rent prices in Tampa are growing at a rate of more than 2.5 times the national average, according to a new report from
According to their data based on millions of listings, renting a home in Tampa costs on average about 6.8 percent more than it did last year at this time.
The average growth in Florida was three percent.
In terms of rent hikes, Tampa came in behind Port St. Lucie and Orlando. St. Petersburg had the sixth-highest rent increase, up 3.1 percent since last May.
According to the new report, it costs about $1,200 for a 2-bedroom unit in Tampa. 
The study follows a new report from that placed Tampa as the "most desirable" city in the country to move to, based on the ratio of people moving into the city and out of the city.
One factor, according to is "strong job creation" in Tampa, with an unemployment rate of just 4.4 percent. Another factor, according to the report, is that housing prices haven't fully recovered from the housing crash yet, so "there are deals to be had."
The report also cited Florida's lack of an income tax as a factor.