Is YOUR Rent On The Rise?
Rents are on the rise in the Tampa Bay area, and rising MUCH more quickly than the national average.
According to the latest report by RENTCafe, a nationwide internet listing service for rental units, St. Petersburg leads the Tampa Bay Area with the highest rental spike, up 7.1% since last year.
St. Pete was top 20 in the country for that high of a percent change; Orlando led the state of Florida with a 7.8% price increase. Other parts of the Tampa Bay Area are also outpacing the national average of 2.7%.
Tampa is up 5.2%, Lakeland is up 6.5% and Clearwater is up 4.3% since last year.
Rich Fields is a veteran radio broadcaster who is best known for having been the Announcer on the Price is Right. He is also an Emmy Award winning Meteorologist .
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