City · 401,618 residents · Hillsborough County, Florida
Tampa, Florida
In Tampa, a typical home is worth $420,400 and typical rent is $1,701 a month. Compared with all of Hillsborough County, the typical home value is 13% higher, typical household income is 5% lower, and the share of households that own their home is 11 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $311,992 to $375,619.
Typical rent
$1,930a month
▼ 0.7% less than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,703 to $1,930.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Tampa is in Hillsborough County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Hillsborough County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in East Lake-Orient Park, the typical home value is $233,200: 45% less than in Tampa ($420,400).
2
50% of households in Tampa own their home, against 61% in Hillsborough County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Tampa
What homes there are in Tampa, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Tampa
Hillsborough County
Florida
United States
Kind of home: Tampa and its comparisons
Measure
Tampa
Hillsborough County
Florida
United States
Detached house
50%
57%
55%
61%
Attached house
7%
8%
7%
6%
Building of 2 to 4
8%
6%
6%
8%
Apartments (5 or more)
34%
23%
25%
19%
Mobile home
1%
7%
8%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
Detached houses are the majority in Tampa (50%), but less so than in Hillsborough County (57%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Tampa
Hillsborough County
Florida
United States
Year built: Tampa and its comparisons
Measure
Tampa
Hillsborough County
Florida
United States
Before 1960
26%
11%
10%
26%
1960–1979
19%
20%
24%
24%
1980–1999
21%
32%
34%
25%
2000–2009
16%
19%
18%
14%
2010 or later
18%
19%
14%
11%
The typical home in Tampa was built in 1985, 6 years before the typical one in Hillsborough County.
There are fewer big homes in Tampa than in Hillsborough County: 49% have 3 bedrooms or more, against 60%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K5%
$100K–$200K10%
$200K–$300K16%
$300K–$500K30%
$500K–$750K18%
FHA limit: $541,287
$750K–$1M10%
$1M or more11%
Value of owner-occupied homes: Tampa and its comparisons
Measure
Tampa
Under $100K
5%
$100K–$200K
10%
$200K–$300K
16%
$300K–$500K
30%
$500K–$750K
18%
$750K–$1M
10%
$1M or more
11%
With an FHA loan, the cap for Hillsborough County is $541,287. About 64% of owner-occupied homes in Tampa are worth less than that.
Monthly rent with utilities
Under the limitOver the limit
Under $5006%
$500–$99910%
$1,000–$1,49923%
$1,500–$1,99926%
HUD fair market rent, 2 bedrooms: $1,917
$2,000–$2,49918%
$2,500–$2,99910%
$3,000 or more7%
Monthly rent with utilities: Tampa and its comparisons
Measure
Tampa
Under $500
6%
$500–$999
10%
$1,000–$1,499
23%
$1,500–$1,999
26%
$2,000–$2,499
18%
$2,500–$2,999
10%
$3,000 or more
7%
Measured against HUD's 2-bedroom fair market rent ($1,917), about 61% of rented homes in Tampa cost less.
With a mortgage
$2,179 a month
Hillsborough County: $2,003 a month
Without a mortgage
$640 a month
Hillsborough County: $657 a month
Owners with a mortgage
64%
Hillsborough County: 64%
The typical cost for an owner with a mortgage in Tampa is $2,179 a month, more than in Hillsborough County ($2,003); without one, $640.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Tampa+76%
Hillsborough County+72%
Florida+67%
United States+53%
Typical rent
Tampa+50%
Hillsborough County+46%
Florida+42%
United States+33%
Typical household income
Tampa+40%
Hillsborough County+35%
Florida+34%
United States+29%
Change since 2015–2019: Tampa and its comparisons
Measure
Tampa
Hillsborough County
Florida
United States
Typical home value
+76%
+72%
+67%
+53%
Typical rent
+50%
+46%
+42%
+33%
Typical household income
+40%
+35%
+34%
+29%
From 2015–2019 to 2020–2024, the typical home value in Tampa rose 76%; in Hillsborough County, it rose 72%.
Since 2015–2019, the typical rent in Tampa rose 50%, more than in Hillsborough County (46%).
Housing prices ran ahead of income in Tampa: typical income rose 40%, against +76% for home values and +50% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Tampa and its comparisons
Measure
Tampa
Hillsborough County
Florida
United States
Rental vacancy
5.8%
6.4%
7.6%
5.5%
Homeowner vacancy
1.8%
1.1%
1.4%
0.9%
More than one person per room
2.8%
3.1%
3.3%
3.4%
People per household
2.31
2.56
2.51
2.53
Drive alone
63%
67%
70%
69%
Carpool
9%
9%
9%
9%
Public transit
1%
1%
1%
3%
Walk or bike
3%
2%
2%
3%
Work from home
22%
21%
16%
15%
Other means
2%
2%
2%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Hillsborough County, the rental vacancy rate in Tampa is 5.8%.
Much as in Hillsborough County, 2.8% of households in Tampa have more than one person per room.
On average, a household in Tampa has 2.31 people, fewer than in Hillsborough County (2.56).
The car rules in Tampa: 63% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.
Do the math
What would you pay each month for a home in Tampa?
A typical home costs more than the typical income allows
We start with a typical home in Tampa, worth $420,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 55% of the typical household income in Tampa, which is $75,475 a year. For that payment to be 28% of income, a household would need to earn about $147,031 a year.
The calculator's FHA and conventional loan limits are those of all of Hillsborough County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Tampa. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $14,714 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,431
at 7.18% · 30 years
Loan amount
$412,786
Total interest
$593,902
Paid off in
November 2056
Includes $7,100 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,761 a month
Tight
$1,761 to $2,264 a month
Hard
more than $2,264 a month
Your payment · 55%
Compared with the typical household income in Tampa ($75,475 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,796
Property tax
$273
Home insurance
$175
FHA mortgage insurance (MIP)
$186
You need at least $14,714 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $3,431; principal and interest $2,796.
The city and its county
Tampa and Hillsborough County
Tampa is in Hillsborough County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Tampa
Map of Hillsborough County, Florida, with Tampa marked. Around it, the neighboring counties.
Tampa
Hillsborough County
Other cities with a page
Tampa's own numbers
Typical home value
$420,400
Typical monthly rent
$1,701
Typical yearly household income
$75,475
Households that own their home
50%
Effective property tax rate
0.78%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Hillsborough County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,917
Price change over 5 years (FHFA)
+63%
Homes in a high flood-risk zone
13%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Hillsborough County.
A typical home in Tampa is worth $420,400: 13% above the county and 17% above Florida. With the typical household income in Tampa ($75,475 a year), a typical home costs 5.6 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Tampa5.6 years
Hillsborough4.7 years
Florida4.8 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Hillsborough County
According to FHFA’s house price index, home prices in Hillsborough County rose 140% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Hillsborough County.
Yearly change in FHFA’s price index in Hillsborough County, 2016 to 2025
2016: +9.2% +9.2% 2016
2017: +9.7% +9.7% 2017
2018: +8.8% +8.8% 2018
2019: +6.7% +6.7% 2019
2020: +5.6% +5.6% 2020
2021: +16.4% +16.4% 2021
2022: +23.5% +23.5% 2022
2023: +9.2% +9.2% 2023
2024: +2.4% +2.4% 2024
2025: +1.7% +1.7% 2025
Change in FHFA’s price index in Hillsborough County, Florida and the United States
Period
County
Florida
U.S.
Last year (2025)
+1.7%
−0.5%
+2.9%
5 years (2020–2025)
+63%
+60%
+47%
10 years (2015–2025)
+140%
+127%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Tampa next to Hillsborough County, Florida and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Tampa$420,400
Hillsborough$371,500
Florida$359,000
United States$332,700
Typical monthly rent
Tampa$1,701
Hillsborough$1,667
Florida$1,669
United States$1,413
Typical yearly household income
Tampa$75,475
Hillsborough$79,540
Florida$74,568
United States$80,734
See the full table
Tampa next to Hillsborough County and Florida
Measure
Tampa
Hillsborough County
Florida
U.S.
Typical home value
$420,400 ▲13% above the county
$371,500
$359,000
$332,700
Typical monthly rent
$1,701 ▲2% above the county
$1,667
$1,669
$1,413
Typical yearly household income
$75,475 ▼5% below the county
$79,540
$74,568
$80,734
Households that own their home
50% ▼11 points below the county
61%
68%
65%
Typical yearly property tax
$3,264 ▲8% above the county
$3,010
$2,730
$3,119
Effective property tax rate
0.78% ▼0.03 points below the county
0.81%
0.76%
0.94%
Renters with high rent for their income
57% ▼1 points below the county
58%
60%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Hillsborough County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Tampa
For a typical $420,400 home in Tampa, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Tampa's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,431a month
Least cash to close
Down payment
$14,714
Cash to close
$27,326
Rate
7.18%
Mortgage insurance
FHA MIP · $186
Conventional, 5% down$3,354a month
Down payment
$21,020
Cash to close
$33,632
Rate
7.18%
Mortgage insurance
PMI · $200
Conventional, 20% down, no PMI$2,727a month
Down payment
$84,080
Cash to close
$96,692
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,115a month
Down payment
$63,060
Cash to close
$75,672
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Tampa
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,431
$14,714
$412,786
7.18%
FHA MIP · $186
$27,326
580
Conventional, 5% down
$3,354
$21,020
$399,380
7.18%
PMI · $200
$33,632
620*
Conventional, 20% down, no PMI
$2,727
$84,080
$336,320
7.18%
None
$96,692
620*
ITIN, 15% down (example)
$3,115
$63,060
$357,340
8.18%
None
$75,672
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Tampa is $1,701 a month: 2% above the county. In Tampa, 57% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Hillsborough County, by unit size. To pay the 2-bedroom one ($1,917 a month) without spending more than 30% of your income, you would need to earn $36.87 an hour working full time.
HUD fair market rent for all of Hillsborough County
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Hillsborough County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,597
$30.71
$63,880
1 bedroom
$1,648
$31.69
$65,920
2 bedrooms
$1,917
$36.87
$76,680
3 bedrooms
$2,448
$47.08
$97,920
4 bedrooms
$2,977
$57.25
$119,080
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Tampa
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Tampa has 14 ZIP codes with their own.
For 2 bedrooms it runs from $1,540 in 33605 to $2,880 in 33621.
9 of the 14 are above the fair market rent for Hillsborough County ($1,917).
2-bedroom fair market rent in each of the 14 ZIP codes of Tampa, beside the one for Hillsborough County. For 2 bedrooms it runs from $1,540 in 33605 to $2,880 in 33621. 9 of the 14 are above the fair market rent for Hillsborough County ($1,917).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,917
Lowest: $1,540 (33605)Highest: $2,880 (33621)
Fair market rent by ZIP code and size in Tampa, fiscal year 2027.
33602
$2,400
$2,480
$2,880
$3,680
$4,470
33603
$1,510
$1,560
$1,810
$2,310
$2,810
33604
$1,560
$1,610
$1,870
$2,390
$2,900
33605
$1,280
$1,320
$1,540
$1,970
$2,390
33606
$2,160
$2,230
$2,590
$3,310
$4,020
33607
$2,070
$2,130
$2,480
$3,170
$3,850
33609
$1,920
$1,990
$2,310
$2,950
$3,590
33611
$2,010
$2,070
$2,410
$3,080
$3,740
33612
$1,370
$1,420
$1,650
$2,110
$2,560
33616
$1,920
$1,990
$2,310
$2,950
$3,590
33620
$1,480
$1,520
$1,780
$2,270
$2,760
33621
$2,400
$2,480
$2,880
$3,680
$4,470
33629
$1,870
$1,930
$2,250
$2,870
$3,490
33647
$1,930
$1,990
$2,320
$2,960
$3,600
ZIP code2 bd3 bd
33602 $2,880$3,680
33603 $1,810$2,310
33604 $1,870$2,390
33605 $1,540$1,970
33606 $2,590$3,310
33607 $2,480$3,170
33609 $2,310$2,950
33611 $2,410$3,080
33612 $1,650$2,110
33616 $2,310$2,950
33620 $1,780$2,270
33621 $2,880$3,680
33629 $2,250$2,870
33647 $2,320$2,960
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Tampa when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 105 buildings with rents for lower incomes in Tampa. These are the largest.
Waterford at Cypress Lake4733 W Waters Ave, Tampa 33614450 low-income homes · 1 bd: 98 · 2 bd: 292 · 3 bd: 60 · In service since 1995 · For families
Meridian Pointe2450 E Hillsborough Ave, Tampa 33610360 low-income homes · 2 bd: 240 · 3 bd: 84 · 4 bd: 36 · In service since 2006 · For families
Belmont Heights Estates1601 E 26th Ave, Tampa 33605358 homes, 348 low-income · 1 bd: 148 · 2 bd: 144 · 3 bd: 55 · 4 bd: 11 · In service since 2003 · For families
Heritage Pines10501 Cross Creek Blvd, Tampa 33647340 low-income homes · 1 bd: 84 · 2 bd: 128 · 3 bd: 96 · 4 bd: 32 · In service since 2001 · For families
Morgan Creek17201 Dona Michelle Dr, Tampa 33647336 low-income homes · 2 bd: 216 · 3 bd: 120 · In service since 2004 · For families
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 8 HUD-approved agencies with an office in Hillsborough County; 7 say they serve in Spanish.
1 program is for Tampa or Hillsborough County, by its own record: they come first, each with what its official page says about being open. The ones below are statewide in Florida: they work in Tampa the same as in the rest of the state.
Florida Housing second loan with no interest and no monthly payments, repaid when you sell or refinance.Offered by Florida Housing Finance Corporation.
No legal help resource on our list is for Tampa or Hillsborough County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Tampa and all of Hillsborough County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Tampa?
The typical home value in Tampa is $420,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hillsborough County it is $371,500.
How much does it cost to rent in Tampa?
Typical rent in Tampa is $1,701 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hillsborough County is $1,917.
What is the FHA loan limit in Tampa?
Tampa uses the FHA limit for all of Hillsborough County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Tampa?
The typical homeowner in Tampa pays $3,264 a year, according to the U.S. Census Bureau. That is 0.78% of the home’s value; in Hillsborough County, the rate is 0.81%.
Where can I find free help to buy or rent in Tampa?
There are 8 HUD-approved counseling agencies with an office in Hillsborough County. 7 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
