It’s never been a more exciting time to live in Tampa Bay, 2021 Super Bowl and Stanley Cup champions. With downtown renovations in store, face an increase in rent up to 24%, with the average income rate not on the rise.
Due to the demand for new residents coming into the Tampa Bay area, landlords in Tampa, Saint Petersburg, and Clearwater have the opportunity to increase the rental rate and surpass other booming real estate markets.
With Rent going up, more than 10,000 apartments are being built in the Tampa Bay area. In subregions like downtown Tampa, and Waterstreet.
The warm weather is available all year round, with opportunities for many outdoor activities, and with the rise of the economy, the Tampa Bay area is now the fastest-growing rental market in the country.
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