Tampa, Florida · Multifamily rents through October 20, 2026
Hillsborough County
Palma Ceia 2 bedrooms ask a $1,900 median, 8.6% above Tampa citywide
On the market in the last 45 days: 1 bedrooms at a $1,425 median on 53 listings ($2.63 per square foot), 2 bedrooms at $1,900 on 60 listings ($2.13 per square foot) and 3+ bedrooms at $2,995 on 6 listings. The 1 and 2 bedroom carry nearly all of the activity, with 66 and 71 of the 142 leases observed over 180 days.
Against the Tampa citywide median asking rent, Palma Ceia and Bayshore Beautiful run +8.6% on 2 bedrooms ($1,900 against $1,750) and -4.7% on 1 bedrooms ($1,425 against $1,495). Per square foot the 1 bedroom asks more than the city, $2.63 against $2.52, and the average active 1 bedroom here is 579 square feet. 2 bedrooms ask $2.13 per square foot against $2.07 citywide.
Over the last 30 days new listings came on at $1,448 for 1 bedrooms and $1,900 for 2 bedrooms, 3.5% and 5.0% under the prior 30 days. Over 90 days both medians are up slightly against the prior 90, 1.1% and 2.1%, so the softening is recent.
Listings seen in the last 45 days
| Unit Type | Listings | Median Asking | Average | 25th to 75th Pct | Avg $/SF | Avg SF | Tampa Median | vs City |
|---|---|---|---|---|---|---|---|---|
| 1 Bedroom | 53 | $1,425 | $1,495 | $1,300 to $1,650 | $2.63 | 579 | $1,495 | ▼ -4.7% |
| 2 Bedroom | 60 | $1,900 | $2,059 | $1,750 to $2,220 | $2.13 | 940 | $1,750 | ▲ +8.6% |
| 3+ Bedroom | 6 | $2,995 | $3,086 | $2,755 to $3,055 | n/a | n/a | $1,849 | ▲ +62.0% |
1 Bedroom: the middle range runs $1,300 to $1,650 (25th to 75th percentile); units that leased over 180 days had a median of $1,479 on 66 leases.
2 Bedroom: the middle range runs $1,750 to $2,220; units that leased over 180 days had a median of $1,950 on 71 leases.
3+ Bedroom: the middle range runs $2,755 to $3,055 on 6 active listings.
Most recent listing per property, up to 10 per unit type
| Property | Unit | SF | Asking | $/SF | Days on Market | Status | Concession |
|---|---|---|---|---|---|---|---|
| 3318 W. De Leon, Tampa, FL
3318 W. De Leon, Tampa, FL
|
Studio | 450 | $1,800 | $4.00 | 55 | Active | |
| 3817 W BAY TO BAY BOULEVARD
3817 West Bay To Bay Boulevard, Tampa, FL 33629
|
500 | $1,690 | $3.38 | 54 | Active | ||
| Willow Flats
301 South Gomez Avenue, Tampa, FL 33609
|
W304-3 | 380 | $1,299 | $3.42 | 39 | Leased est. 2026-08-21 |
| Property | Unit | SF | Asking | $/SF | Days on Market | Status | Concession |
|---|---|---|---|---|---|---|---|
| 3307 W Villa Rosa St, Tampa, FL 33611
3307 W Villa Rosa St, Tampa, FL 33611
|
800 | $2,600 | $3.25 | 2 | Active | ||
| Residential Lease, TAMPA, FL
3205 West San Carlos Street, Tampa, FL 33629
|
1 | 744 | $2,245 | $3.02 | 2 | Active | |
| Park West
3215 West Swann Avenue, Tampa, FL 33609
|
n/a | $1,950 | n/a | 18 | Active | Special offer | |
| 3311 W San Juan St, Tampa, FL 33629
3311 W San Juan St, Tampa, FL 33629
|
535 | $1,947 | $3.64 | 2 | Active | ||
| 2904 W Estrella St APT 4, Tampa, FL 33629
2904 W Estrella St APT 4, Tampa, FL 33629
|
4 | 550 | $1,825 | $3.32 | 2 | Active | |
| 2575 S Himes Ave APT A, Tampa, FL 33629
2575 S Himes Ave APT A, Tampa, FL 33629
|
A | 624 | $1,800 | $2.88 | 2 | Active | |
| The Waverly
3602 S Macdill Ave, Tampa, FL 33629
|
n/a | $1,700 | n/a | 61 | Active | Special offer | |
| 3111 W Horatio St
3111 West Horatio Street, Tampa, FL 33609
|
207 | n/a | $1,650 | n/a | 2 | Active | |
| 1066 S Clearview Ave APT 7, Tampa, FL 33629
1066 S Clearview Ave APT 7, Tampa, FL 33629
|
7 | n/a | $1,595 | n/a | 2 | Active | |
| Oasis Club
500 S Himes Ave, Tampa, FL 33609
|
n/a | $1,500 | n/a | 61 | Active | Special offer |
| Property | Unit | SF | Asking | $/SF | Days on Market | Status | Concession |
|---|---|---|---|---|---|---|---|
| 619 Swann Dr, Tampa, FL 33609
619 Swann Dr, Tampa, FL 33609
|
n/a | $3,638 | n/a | 2 | Active | ||
| 1908 S Habana Ave, Tampa, FL 33629
1908 S Habana Ave, Tampa, FL 33629
|
n/a | $3,157 | n/a | 61 | Active | ||
| 1011 S MOODY AVENUE
1011 South Moody Avenue, Tampa, FL 33629
|
32 | 1,044 | $3,000 | $2.87 | 2 | Active | |
| 3211 W Swann Ave Unit 1005, Tampa, FL 33609
3211 W Swann Ave Unit 1005, Tampa, FL 33609
|
1103 | 1,248 | $2,800 | $2.24 | 2 | Active | |
| 617 Swann Dr, Tampa, FL 33609
617 Swann Dr, Tampa, FL 33609
|
n/a | $2,740 | n/a | 2 | Active | ||
| 3102 W Horatio St
3102 W Horatio St, Tampa, FL
|
12 | 857 | $2,500 | $2.92 | 2 | Active | |
| 3219 W Barcelona St #1, Tampa, FL 33629
3219 W Barcelona St #1, Tampa, FL 33629
|
1 | n/a | $2,300 | n/a | 2 | Active | |
| 4110 W El Prado Blvd APT 1, Tampa, FL 33629
4110 W El Prado Blvd APT 1, Tampa, FL 33629
|
1 | 980 | $2,280 | $2.33 | 2 | Active | |
| Park West
3215 West Swann Avenue, Tampa, FL 33609
|
n/a | $2,150 | n/a | 2 | Active | ||
| Perfect 2/2.5 condo in South Tampa!
2802 W Cleveland St #L, Tampa, FL 33609
|
L | 1,054 | $2,100 | $1.99 | 2 | Active |
| Property | Unit | SF | Asking | $/SF | Days on Market | Status | Concession |
|---|---|---|---|---|---|---|---|
| The Waverly
3602 S Macdill Ave, Tampa, FL 33629
|
n/a | $2,995 | n/a | 2 | Active | ||
| Horatio Place
2616 W Horatio St, Tampa, FL 33609
|
201 | n/a | $2,675 | n/a | 2 | Active | |
| 1520 S Church Ave, Tampa, FL 33629-5823
1520 S Church Ave, Tampa, FL 33629-5823
|
1,916 | $4,100 | $2.14 | 32 | Active | ||
| 3606 S MacDill Ave, 109, Tampa, FL 33629
3606 S MacDill Ave, 109, Tampa, FL 33629
|
108 | 1,100 | $2,995 | $2.72 | 32 | Active | |
| The Waverly
3602-3620 South Macdill Avenue, Tampa, FL 33629
|
108 | 1,100 | $2,995 | $2.72 | 121 | Active | |
| 3718 W MCKAY Avenue
3718 Mckay Avenue, Tampa, FL 33609
|
104 | 1,267 | $3,200 | $2.53 | 1,044 | Leased est. 2026-07-16 |
| Median Asking Rent | 1 Bedroom | 2 Bedroom | 3+ Bedroom |
|---|---|---|---|
| Trailing 30 Days | $1,448
▼ -3.5%
|
$1,900
▼ -5.0%
|
$2,995
n/a
|
| Trailing 60 Days | $1,500
▲ +1.4%
|
$1,995
▲ +2.3%
|
$2,995
n/a
|
| Trailing 90 Days | $1,500
▲ +1.1%
|
$1,990
▲ +2.1%
|
$2,995
n/a
|
| Estimated Leased Rent, Last 90 Days | $1,425
▼ -3.2% vs $1,473 a year ago
|
$1,925
▼ -2.4% vs $1,973 a year ago
|
n/a
vs n/a a year ago
|
Leases observed in the last 180 days
Units that leased in the last 180 days took a median of 40 days from listing to lease: 44 days for 1 bedrooms and 37 for 2 bedrooms.
Of the 142 leases observed, 38.0% were completed within 30 days, 57.0% within 60 days and 67.6% within 90 days.
Price cuts were taken on 6 of 152 1 bedroom listings (3.9%) and 4 of 182 2 bedroom listings (2.2%) over 180 days.
| Month Leased | 1 Bedroom | 2 Bedroom |
|---|---|---|
| Oct 2025 | $1,400
6 leases
|
$2,600
5 leases
|
| Nov 2025 | $1,250
7 leases
|
$1,898
6 leases
|
| Dec 2025 | $1,450
7 leases
|
$1,873
5 leases
|
| Jan 2026 | $1,423
8 leases
|
$1,850
9 leases
|
| Feb 2026 | n/a
4 leases
|
$1,935
12 leases
|
| Mar 2026 | $1,600
17 leases
|
$2,200
9 leases
|
| Apr 2026 | $1,475
14 leases
|
$1,905
12 leases
|
| May 2026 | $1,488
10 leases
|
$1,875
8 leases
|
| Jun 2026 | $1,350
7 leases
|
$2,218
14 leases
|
| Jul 2026 | $1,495
22 leases
|
$1,898
14 leases
|
| Aug 2026 | $1,425
14 leases
|
$1,800
11 leases
|
| Sep 2026 | $1,400
9 leases
|
$1,990
13 leases
|
| Oct 2026 | n/a
2 leases
|
$2,175
5 leases
|
| Property | Unit Type | Asking | Offer | Monthly Value Est. |
|---|---|---|---|---|
| Oasis Club | 1 Bedroom | $1,500 | Special offer | n/a |
| Park West | 1 Bedroom | $1,950 | Special offer | n/a |
| The Oaks on Azeele | 1 Bedroom | $1,400 | $500 Off | $42 |
| The Waverly | 1 Bedroom | $1,700 | Special offer | n/a |
| Case Residences Palma Ceia, Tampa | 2 Bedroom | $1,799 | Special offer | n/a |
| Soho Village | 1 Bedroom | $1,250 | Special offer | n/a |
| Casa De Leon | 2 Bedroom | $1,750 | 2 Weeks Free | $67 |
| The Waverly | 3+ Bedroom | $3,075 | Special offer | n/a |
Ranked by listings tracked in the last 180 days
| Property | Units | Year Built | Listings | Active Now | Avg Asking | Range | Avg $/SF | Median Days to Lease |
|---|---|---|---|---|---|---|---|---|
| Willow Flats
301 South Gomez Avenue, Tampa, FL 33609
|
12 | 1926 | 26 | 1 | $1,601 | $1,299 to $2,399 | $3.28 | 112 |
| Residential Lease, TAMPA, FL
3206 W Azeele St #220, Tampa, FL 33609
|
3 | 1969 | 18 | 4 | $1,616 | $1,250 to $2,350 | $2.18 | 121 |
| 4015 BAYSHORE Boulevard
4015 Bayshore Boulevard, Tampa, FL 33611
|
2 | 1980 | 11 | 0 | $2,467 | $2,000 to $3,200 | $3.20 | 36 |
| Casa De Leon
3211 W De Leon St, Tampa, FL 33609
|
17 | 1970 | 11 | 2 | $1,545 | $1,350 to $1,750 | $2.13 | 80 |
| San Carlos Place
3810 W San Carlos St, Tampa, FL 33629
|
50 | 1974 | 11 | 7 | $1,168 | $1,095 to $1,495 | $2.19 | 92 |
| Park West
3215 West Swann Avenue, Tampa, FL 33609
|
30 | 1974 | 10 | 2 | $2,044 | $1,770 to $2,718 | $2.88 | 47 |
| Residential Lease, TAMPA, FL
3914 W Neptune St #29, Tampa, FL 33629
|
n/a | 1973 | 10 | 1 | $1,255 | $1,150 to $1,500 | $2.51 | 35 |
| The Waverly
3602-3620 South Macdill Avenue, Tampa, FL 33629
|
20 | 1969 | 9 | 0 | $2,051 | $1,745 to $2,995 | $2.52 | 95 |
| 3102 W Horatio St
3102 W Horatio St, Tampa, FL
|
16 | 1984 | 8 | 2 | $2,078 | $1,685 to $2,500 | $2.46 | 14 |
| 3111 W Horatio St
3111 West Horatio Street, Tampa, FL 33609
|
1 | 1979 | 8 | 2 | $1,771 | $1,645 to $1,995 | $2.53 | n/a |
The 2 bedroom is where Palma Ceia holds its premium. At a $1,900 median it asks 8.6% over the Tampa citywide median, and it leases faster than the 1 bedroom: a median of 37 days from listing to lease, with 42.3% of 71 leases completed within 30 days. The ask has come down, though. New 2 bedroom listings in the last 30 days came on at $1,900, 5.0% under the $2,000 median of the 30 days before, and the 2 bedroom leased median is down 2.4% year over year, $1,925 against $1,973. An owner holding a 2 bedroom at $2,000 is asking last month's number.
The 1 bedroom asks less than the city in dollars and more per foot. The $1,425 median is 4.7% under Tampa citywide, but at $2.63 per square foot it runs above the city's $2.52. Size sets the rent: 1 bedrooms under 600 square feet averaged $1,392 over 180 days at $2.83 per square foot, while units of 600 to 899 square feet averaged $1,694 at $2.60. Today's $1,425 ask sits under the $1,479 median of units that leased over 180 days, new 1 bedroom listings in the last 30 days came on at $1,448, 3.5% under the prior 30 days, and the leased median is down 3.2% year over year, $1,425 against $1,473.
Owners here are adjusting where listings start, not what they give away. Concessions appeared on 11 listings over 180 days (3.2%), and the stated ones are $500 off at The Oaks on Azeele and two weeks free at Casa De Leon. Price cuts were taken on 3.9% of 1 bedroom and 2.2% of 2 bedroom listings. A unit priced inside the middle range for its type, $1,300 to $1,650 for a 1 bedroom and $1,750 to $2,220 for a 2 bedroom, is priced with the bulk of the market.
The numbers show a neighborhood where the 2 bedroom carries an 8.6% premium over the city and leases in a median of 37 days, while asks for both the 1 and 2 bedroom have come down over the last 30 days. Leased medians are 2.4% to 3.2% under a year ago.
An owner in Palma Ceia or Bayshore Beautiful should check each 2 bedroom against the $1,900 median now on the market rather than the $2,000 asks of a month ago, and price 1 bedrooms by size: units under 600 square feet averaged $1,392, units of 600 to 899 square feet $1,694.
Your equity has a return. Do you know what it is? Rents in the neighborhood set the value of your building, and value sets the return on the equity you have in it. A Broker Opinion of Value from Verdad CRE gives you today’s market value, your return on equity, and a clear read on hold, refinance or sell. Owners who plan ahead get one every one to two years. Confidential and at no cost.