Verdad CRE

Multifamily Neighborhood Ledger
October 2026

Seminole Heights and Tampa Heights

Tampa, Florida  ·  Multifamily rents through October 4, 2026

$1,300
Studio median asking
$2.50/SF on 17 listings
$1,500
1 Bedroom median asking
$2.51/SF on 47 listings
$1,640
2 Bedroom median asking
$2.05/SF on 45 listings
$2,699
3+ Bedroom median asking
$2.01/SF on 10 listings
14
Median days from listing to lease
60 leases in 180 days
5.8%
Listings with a concession
of 139 tracked

The Neighborhood

Hillsborough County

Seminole Heights 1 bedrooms lease at $1,380 against a $1,500 ask, an 8.0% gap

139
Listings Tracked
last 180 days
75
Properties
with a listing in the window
119
Units Advertised
in the last 45 days
60
Leases Observed
last 180 days

On the market in the last 45 days, the median asking rent is $1,300 for a studio on 17 listings, $1,500 for a 1 bedroom on 47, $1,640 for a 2 bedroom on 45 and $2,699 for a 3+ bedroom on 10. Per square foot the four unit types sit close together: $2.50 for studios, $2.51 for 1 bedrooms, $2.05 for 2 bedrooms and $2.01 for 3+ bedrooms.

Over the last 180 days, 139 listings across 75 properties produced 60 leases. The median estimated leased rent was $1,248 for studios on 6 leases, $1,380 for 1 bedrooms on 23 and $1,595 for 2 bedrooms on 28. Against the current asking medians, studios leased 4.0% under, 1 bedrooms 8.0% under and 2 bedrooms 2.7% under.

Seminole Heights studios run 11.0% under the Tampa citywide median asking rent of $1,460, and 2 bedrooms run 8.8% under the citywide $1,799. The 1 bedroom median of $1,500 matches the citywide figure.

Asking Rents by Unit Type

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
Studio 17 $1,300 $1,268 $975 to $1,500 $2.50 495 $1,460 ▼ -11.0%
1 Bedroom 47 $1,500 $1,539 $1,350 to $1,748 $2.51 660 $1,500 ▬ +0.0%
2 Bedroom 45 $1,640 $1,771 $1,499 to $1,871 $2.05 926 $1,799 ▼ -8.8%
3+ Bedroom 10 $2,699 $2,545 $2,312 to $2,749 $2.01 1,280 $1,611 ▲ +67.5%

Studio: the 25th to 75th percentile range runs $975 to $1,500; median estimated leased rent $1,248 on 6 leases. The one studio concession in the pool is two months free on the highest ask, $1,625, which nets to about $1,354 a month over a 12 month term.

1 Bedroom: $1,350 to $1,748 range; median estimated leased rent $1,380 on 23 leases, 8.0% under the $1,500 asking median. The 30 day asking median is $1,583, up 6.2% on the prior 30 days, while leases over the last 180 days cleared at a median of $1,380.

2 Bedroom: $1,499 to $1,871 range; median estimated leased rent $1,595 on 28 leases, 2.7% under the $1,640 asking median, the tightest gap of the three unit types with enough leases to measure. The 90 day asking median of $1,620 is 1.8% below the prior 90 days.

3+ Bedroom: $2,312 to $2,749 range on 10 listings; 3 leases in 180 days, under the floor for a leased median. Three of the 10 listings carry a price cut and two listings at one property advertise a month free.

Comparable Listings

Most recent listing per property, up to 10 per unit type

Studio Comps

Property Unit SF Asking $/SF Days on Market Status Concession
Evelyn City Lofts

900 E Sligh Ave, Tampa, FL 33604
n/a $1,625 n/a 45 Active 2 Months Free
Modern, Industrial Flats in Tampa Heights

3108 N Jefferson St, Tampa, FL 33603
206 782 $1,550 $1.98 9 Active
Avenue Lofts

100 W Giddens Ave, Tampa, FL 33603
n/a $1,495 n/a 9 Active
Warehouse Lofts

4513 N Florida Ave, Tampa, FL 33603
n/a $1,450 n/a 45 Active
4201 N Nebraska Ave Studio- 4, Tampa, FL

4201 N Nebraska Ave Studio- 4, Tampa, FL
4 n/a $1,300 n/a 44 Active
Westshore Crossing

4515 N Rome Ave, Tampa, FL 33603
n/a $1,125 n/a 45 Active
2301 N Jefferson St #3

2301 N Jefferson St #3, Tampa, FL 33602
3 311 $975 $3.14 2 Active
6601 N Navin Ave

6601 North Navin Avenue, Tampa, FL 33604
A 360 $900 $2.50 16 Active
RiverPlace

4018 N Riverside Dr, Tampa, FL 33603
n/a $900 n/a 45 Active
Residential Lease, TAMPA, FL

705 W River Heights Ave, Tampa, FL 33603
460 $1,500 $3.26 4 Leased est. 2026-10-01

1 Bedroom Comps

Property Unit SF Asking $/SF Days on Market Status Concession
Walkability plus! Tampa Heights-Brand New

1700 N Florida Ave #0, Tampa, FL 33602
0 666 $2,362 $3.55 9 Active
Renovated Open Loft Apartment in Historic Church

502 E Ross Ave, Tampa, FL 33602
948 $2,100 $2.22 45 Active
Modern, Industrial Flats in Tampa Heights

3108 N Jefferson St, Tampa, FL 33603
211 682 $1,875 $2.75 16 Active
4306 N Branch Ave #1

4306 N Branch Ave, Tampa, FL 33603
470 $1,800 $3.83 9 Active
Residential Lease, TAMPA, FL

210 E Plymouth St #B, Tampa, FL 33603
A 600 $1,650 $2.75 2 Active
409 E Jean St., Unit 3, Tampa 33604

409 E Jean St., Unit 3, Tampa 33604
3 650 $1,650 $2.54 16 Active
Marquee Square

5541 N 22nd St, Tampa, FL 33610
n/a $1,638 n/a 45 Active 1 Month Free
Gated Seminole Heights Apartments

405 405 and 409 E Jean St, Tampa FL 33604, Tampa, FL 33604
n/a $1,575 n/a 9 Active
Mulholland Flats

405 East Jean Street, Tampa, FL 33604
432 $1,575 $3.65 9 Active
Wellswood Village House

906 W Candlewood Ave, Tampa, FL 33603
600 $1,489 $2.48 16 Active

2 Bedroom Comps

Property Unit SF Asking $/SF Days on Market Status Concession
Renovated Open Loft Apartment in Historic Church

502 E Ross Ave, Tampa, FL 33602
211 1,672 $2,850 $1.70 9 Active
406 W Amelia Ave, 202

406 W Amelia Ave, 202, Tampa, FL 33602
1,150 $2,695 $2.34 16 Active
118 W Sligh Ave Main House, Tampa, FL

118 W Sligh Ave Main House, Tampa, FL
n/a $2,495 n/a 16 Active
105 W Mohawk Ave #A

105 W Mohawk Ave, Tampa, FL 33604
1,460 $2,300 $1.58 2 Active
7006 N Duncan Ave , Unit A, Tampa, FL 33604

7006 N Duncan Ave , Unit A, Tampa, FL 33604
A 1,000 $2,025 $2.03 45 Active
4209 N 14th St, Tampa, FL

4209 N 14th St, Tampa, FL
2 n/a $1,800 n/a 16 Active
4015 N Seminole Ave unit 8, Tampa, FL 33603

4015 N Seminole Ave unit 8, Tampa, FL 33603
2 950 $1,650 $1.74 9 Active
4015 N Seminole Ave unit 8, Tampa, FL

4015 N Seminole Ave unit 8, Tampa, FL
2 n/a $1,650 n/a 8 Active
Residential Lease, TAMPA, FL

210 E Plymouth St #B, Tampa, FL 33603
B 600 $1,600 $2.67 2 Active
Meridian Pointe Apartments

2450 E Hillsborough Ave, Tampa, FL 33610
n/a $1,349 n/a 16 Active 1 Month Free

3+ Bedroom Comps

Property Unit SF Asking $/SF Days on Market Status Concession
1317 E Diana St, Tampa, FL 33604

1317 E Diana St, Tampa, FL 33604
1,065 $3,255 $3.06 45 Active
7301 N 13th St, Tampa, FL 33604

7301 N 13th St, Tampa, FL 33604
1,702 $2,750 $1.62 9 Active
The Canopy Townhomes

1505 E Comanche Ave, Tampa, FL 33610
n/a $2,699 n/a 16 Active 1 Month Free
5905 North Tampa Street, Tampa, FL 33604

5905 North Tampa Street, Tampa, FL 33604
945 $2,050 $2.17 16 Active
1505 E Comanche Ave, Tampa, FL

1505 E Comanche Ave, Tampa, FL
6 n/a $2,899 n/a 11 Leased est. 2026-10-01
Central Court Apartments

2510 North Central Avenue, Tampa, FL 33602
1,035 $2,746 $2.65 25 Active
Seminole Ave

5309 North Seminole Avenue, Tampa, FL 33603
1,400 $2,499 $1.79 38 Active
Residential Lease, TAMPA, FL

418 E Amelia Ave #A, Tampa, FL 33602
A 1,050 $1,600 $1.52 14 Leased est. 2026-09-05
501 East Cluster Avenue, Tampa, FL 33604

501 East Cluster Avenue, Tampa, FL 33604
1,294 $2,250 $1.74 1,034 Active

Pricing Benchmarks

Studio

Median asking, last 45 days$1,300
Median estimated leased rent, last 180 days$1,248
Leased vs asking-4.0%
Pricing floor / ceiling (25th / 75th percentile)$975 / $1,500
Average $/SF · average SF$2.50 · 495
Median days from listing to lease14

1 Bedroom

Median asking, last 45 days$1,500
Median estimated leased rent, last 180 days$1,380
Leased vs asking-8.0%
Pricing floor / ceiling (25th / 75th percentile)$1,350 / $1,748
Average $/SF · average SF$2.51 · 660
Median days from listing to lease14

2 Bedroom

Median asking, last 45 days$1,640
Median estimated leased rent, last 180 days$1,595
Leased vs asking-2.7%
Pricing floor / ceiling (25th / 75th percentile)$1,499 / $1,871
Average $/SF · average SF$2.05 · 926
Median days from listing to lease14

3+ Bedroom

Median asking, last 45 days$2,699
Median estimated leased rent, last 180 daysn/a
Leased vs askingn/a
Pricing floor / ceiling (25th / 75th percentile)$2,312 / $2,749
Average $/SF · average SF$2.01 · 1,280
Median days from listing to leasen/a
Median Asking Rent Studio 1 Bedroom 2 Bedroom 3+ Bedroom
Trailing 30 Days $1,420

▲ +9.2%
$1,583

▲ +6.2%
$1,650

▲ +3.1%
$2,748

n/a
Trailing 60 Days $1,300

n/a
$1,500

▲ +11.3%
$1,640

▬ -0.6%
$2,699

n/a
Trailing 90 Days $1,300

n/a
$1,490

n/a
$1,620

▼ -1.8%
$2,699

n/a
Estimated Leased Rent, Last 90 Days $1,300

n/a vs n/a a year ago
$1,395

▲ +3.3% vs $1,350 a year ago
$1,590

n/a vs n/a a year ago
n/a

n/a vs n/a a year ago

Leasing Velocity

Leases observed in the last 180 days

14
Median Days to Lease
all unit types, 60 leases
60.0%
Leased Within 30 Days
36 units
76.7%
Leased Within 60 Days
46 units
83.3%
Leased Within 90 Days
50 units

Units that leased in the last 180 days took a median of 14 days from listing to lease, and the median was 14 days for studios, 1 bedrooms and 2 bedrooms alike.

Of the 60 leases observed, 60.0% were completed within 30 days, 76.7% within 60 days and 83.3% within 90 days.

Concessions were advertised on 8 of 139 tracked listings (5.8%), and 12 listings showed a price cut: 3 of 55 1 bedrooms, 6 of 55 2 bedrooms and 3 of 10 3+ bedrooms.

Median Estimated Leased Rent by Month

$1,200$1,400$1,600$1,800May 26Jun 26Jul 26Aug 26Sep 26Oct 26$1,300$1,490$1,700Studio1 Bedroom2 Bedroom

Leases Observed by Month

051015May 26Jun 26Jul 26Aug 26Sep 26Oct 26Studio1 Bedroom2 Bedroom3+ Bedroom

Month Leased Studio 1 Bedroom 2 Bedroom
May 2026 n/a

0 leases
n/a

2 leases
$1,650

3 leases
Jun 2026 n/a

1 lease
n/a

0 leases
$1,695

3 leases
Jul 2026 n/a

0 leases
$1,348

6 leases
n/a

2 leases
Aug 2026 n/a

1 lease
n/a

1 lease
$1,645

4 leases
Sep 2026 $1,300

3 leases
$1,490

13 leases
$1,570

12 leases
Oct 2026 n/a

1 lease
n/a

1 lease
$1,700

3 leases

Concessions Advertised

Property Unit Type Asking Offer Monthly Value Est.
Meridian Pointe Apartments 2 Bedroom $1,349 1 Month Free $112
Grande Oaks 2 Bedroom $1,149 Special offer n/a
Marquee Square 1 Bedroom $1,638 1 Month Free $136
The Canopy Townhomes 3+ Bedroom $2,699 1 Month Free $225
Evelyn City Lofts Studio $1,625 2 Months Free $271
Chelsea 2/1 2 Bedroom $1,590 Special offer n/a
4713 N Florida Ave #A 1 Bedroom $1,800 $500 Off $42
The Canopy Townhomes 3+ Bedroom $2,699 1 Month Free $225

Properties With the Most Activity

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
Janie B Apartments

5305 N Boulevard, Tampa, FL 33603
48 1983 15 7 $1,548 $1,195 to $2,075 $2.02 40
Urban Heights

5113 N Nebraska Ave, Tampa, FL 33603
14 1985 7 4 $1,329 $1,075 to $1,380 $2.40 43
Modern, Industrial Flats in Tampa Heights

3108 N Jefferson St, Tampa, FL 33603
22 1925 6 6 $1,692 $1,500 to $1,875 $2.35 9
310 E Lambright St

310 E Lambright St, Tampa, FL 33604
9 1924 5 2 $1,650 $1,650 to $1,650 $2.06 104
Marina Villas

910 Alicia Ave, Tampa, FL 33604
20 1984 5 4 $1,510 $1,499 to $1,550 $1.89 32
6601 N Navin Ave

6601 North Navin Avenue, Tampa, FL 33604
3 1925 4 4 $1,513 $900 to $2,750 $2.41 n/a
Seminole Ave

5309 North Seminole Avenue, Tampa, FL 33603
4 n/a 3 2 $1,665 $1,195 to $2,499 $1.98 96
4015 N Seminole Ave unit 8

4015 N Seminole Ave unit 8, Tampa, FL 33603
8 1922 3 3 $1,615 $1,495 to $1,700 $1.70 4
Mulholland Flats

405 East Jean Street, Tampa, FL 33604
8 1924 3 2 $1,600 $1,575 to $1,650 $2.87 107
Chelsea 2/1

806 E Chelsea St #4, Tampa, FL 33603
n/a n/a 3 3 $1,557 $1,490 to $1,590 $1.87 14

Investment Read

The 1 bedroom is where asking rents have run past what units are leasing for. The 45 day asking median is $1,500 and the 30 day median is $1,583, up 6.2% on the prior 30 days, yet the 23 leases over the last 180 days cleared at a median of $1,380. A 1 bedroom priced above the $1,748 ceiling of the middle range is competing with 47 other listings, and the ones that lease are doing so 8.0% under ask. Owners with 1 bedroom vacancies should price inside the $1,350 to $1,748 range and treat the $1,380 leased median as the number the market has actually been paying.

2 bedrooms are the steadiest unit type. The $1,640 asking median and the $1,595 leased median sit 2.7% apart on 28 leases, the 90 day asking median is 1.8% below the prior 90 days, and the per square foot figures step down cleanly with size: $2.11 for 600 to 899 square feet, $1.97 for 900 to 1,199 and $1.63 at 1,200 and up. There is little room to push 2 bedroom asks; the 6 price cuts in that pool, the most of any unit type, say the same thing.

Studios have the most upward movement in asking rents and the fewest leases to confirm it. The 30 day asking median of $1,420 is 9.2% above the prior 30 days on 12 listings, but the 6 studio leases over 180 days cleared at $1,248. An owner with studio units at or under the $1,300 median is priced where the pool is leasing; the top of the range, $1,500 to $1,625, is where the only studio concession in the pool sits.

Strengths

  • Median 14 days from listing to lease across all unit types, with 60.0% of leases completed within 30 days.
  • 1 Bedroom leased rents are up 3.3% year over year, $1,395 against $1,350.
  • Concessions on only 5.8% of tracked listings, 8 of 139.

Considerations

  • 1 Bedrooms are leasing 8.0% under the current asking median, the widest gap of the three measurable unit types.
  • 12 of 139 listings carry a price cut, 6 of them 2 bedrooms.
  • 3+ Bedrooms are thin: 10 listings and 3 leases in 180 days, with 3 price cuts and a month free on offer.
Pricing
Studios $1,300, 1 bedrooms $1,500, 2 bedrooms $1,640 and 3+ bedrooms $2,699 at the median; leased rents sit 2.7% to 8.0% under ask.
Velocity
Median 14 days from listing to lease; 60.0% of the 60 leases closed within 30 days and 83.3% within 90.
Supply
119 units advertised in the last 45 days across 75 properties, 47 of them 1 bedrooms and 45 of them 2 bedrooms.
Concessions
8 of 139 listings (5.8%) advertise a concession, four of them one month free and one studio two months free.

Advisory Conclusion

Seminole Heights and Tampa Heights are leasing quickly at a median of 14 days, and the units that lease are doing so inside the middle range for their type. The numbers to watch are the 1 bedroom asking median, now $1,500 and up 6.2% over the last 30 days while leases clear at $1,380, and the 2 bedroom asking median, which has held between $1,620 and $1,650 across the 30, 60 and 90 day windows. An owner comparing current rents to these figures should look at the leased medians first and the asking medians second.

Own an Apartment Building in Seminole Heights?

Value changes every year. Your plan should too. Owners who get a BOV every one to two years make the hold, refinance, sell and estate decisions on current numbers. A Broker Opinion of Value from Verdad CRE puts a current market value on your building and the return on the equity in it. Confidential and at no cost.

REQUEST A BOV

James J. Vestal, CEO and Managing Broker, 727-625-4725, james@verdadcre.com

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