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How Much Is Rent In Tampa Bay

Find out how much rent you should be paying here in Tampa based on…

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 Images

We are all aware of the skyrocketing costs of renting a house or apartment these days. But are you curious as to just how much apartment you can actually afford based on your income?

Rent Cafe'  did a study on the top 100 cities across the U.S. and put together these figures. Based on keeping your rental cost at 30% of the median income for the Tampa Bay area, here is what you can expect to get for your money in the cities below:

Jacksonville:  Sq. ft. afforded*: 838  Average apt size: 966  Average rent: $1,063

Orlando:  Sq. ft. afforded*: 656  Average apt size: 958  Average rent: $1,402

St Petersburg:  Sq. ft. afforded*: 642  Average apt size: 873  Average rent: $1,282

Tampa:  Sq. ft. afforded*: 619 Average apt size: 925 Average rent: $1,298

Miami:  Sq. ft. afforded*: 388  Average apt size: 892  Average rent: $1,692

Hialeah: Sq. ft. afforded*: 376  Average apt size: 830  Average rent: $1,363

**Apt size in square feet that can be rented on a 30% median renter household income.

Here's how Tampa and St. Petersburg compare to one another:

  • Tampa offers 619 sq. ft. of rental space if you would spend no more than 30% of the median income there.
  • The average apartment size in Tampa is actually larger, 925 sq. ft., but with rents that average at $1,298, you might not get that much bang for your buck for spending within reasonable means.
  • In St. Petersburg renters get a bit more: 642 sq. ft. While the average rent here is not much less either, $1,282.
  • The average size of apartments in St. Petersburg is less than those across Old Tampa Bay: 873 sq. ft., and also second-to-last compared to the other Florida cities.

Rent Cafe' also has a calculator you can use to see how much surface you can get by inputing your income HERE:

If you'd like to see how more cities compare go to Rent CafeHERE.

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 .