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…
LOS ANGELES, CA – FEBRUARY 01: A for rent sign is posted in front of an apartment building on February 1, 2017 in Los Angeles, California. According to the Consumer Price Index, rental prices in Southern California have spiked 4.7 percent in 2016 compared to 3.9 percent in 2015. The increase is the fastest since 2007. (Photo by Justin Sullivan/Getty Images)
Photo by Justin Sullivan/Getty ImagesRents 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.
RentCare.comSt. 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.
