This mid-sized city called TAMPA is the economic center of western Florida. There’s a mix of blue and white-collar careers in the city making this destination enticing for those searching for new residence or the migrants.
A lot of people consider living in the area. In fact, Tampa was ranked 5th in the United States of America when it comes to total net migration in 2020, where 41,800 new residents or 115 people moving to the Tampa area every day. That’s according to Tampa Bay Economic Development Council.
One of the top reasons why people move to the city is the thriving metropolitan where you’ll feel like you’re on a beach vacation all year long. There’s so many things to do in Tampa and its coast line that stretches for so many miles will always give you a calm and stress-free environment, away from all the chaos that’s going on nowadays.
Tampa is amazing not just for the beautiful nature but also for the great neighborhood with vibrant business districts. These features make the city a wonderful place to work, play and unwind, thus attracting a lot of people to move here.
Have you also thought of moving to Tampa or at least considered living in the city even for a while to experience what it offers? Here are some tips and information that might be helpful for you.
Rental market is very strong in Tampa. As of September, 2021, 48% of the households in the city are renter occupied. This is an indication that more people still prefer to rent than buy in the city for some reason.
According to Zumper, there’s a 38% increase in the price of a 1-bedroom apartment as of October 2021. That’s 8% increase compared to the previous year’s price. Currently, the median rent for a 1-bedroom apartment in the city is at $1,650. Over the past month, there’s always an increasing trend in the rental cost. The average rent for a studio apartment has increased by 13% to $1,681 and a 1-bedroom apartment has by 3% to $1,650. For a 2-bedroom apartment, the average rent increased by 1% to $1,815.
Zumper is recommended to anyone looking to rent in Tampa. Via the website or the app, renters can quickly see where they can score affordable apartments. For example, they can rent a studio apartment for as low as $680 per month in the neighborhood of Northeast MacFarlane. In Woodland Terrace, a 2-bedroom apartment can be rented for $650. Zumper updates their inventory real-time so renters get only the best offers.
In addition, the utility prices in Tampa are higher than the national average, but the housing expenses are lower than the national average. Transportation expenses are 6% higher than the national average, but the grocery prices are about the same as the national average. There’s always a balance in every aspect of living in the city.
Looking at the data and statistics, Tampa is a convenient and promising place even amidst this pandemic. This interesting and unique city is a great place to live for those who love a laid-back lifestyle.