Rent Tracker
Rent Inflation in Tampa, FL
The average asking rent in Tampa, FL is $1,997/month as of 2026-04. That is -1.3% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,997/mo
as of 2026-04
Year-over-Year Change
-1.3%
24-Month Rent Trend
Monthly ZORI index values for Tampa, FL.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-04 | $1,997 | +0.35% |
| 2026-03 | $1,990 | +0.25% |
| 2026-02 | $1,985 | +0.20% |
| 2026-01 | $1,981 | -0.15% |
| 2025-12 | $1,984 | -0.20% |
| 2025-11 | $1,988 | -0.45% |
| 2025-10 | $1,997 | -0.40% |
| 2025-09 | $2,005 | -0.45% |
| 2025-08 | $2,014 | -0.15% |
| 2025-07 | $2,017 | -0.15% |
| 2025-06 | $2,020 | -0.05% |
| 2025-05 | $2,021 | -0.10% |
| 2025-04 | $2,023 | +0.15% |
| 2025-03 | $2,020 | +0.40% |
| 2025-02 | $2,012 | +0.45% |
| 2025-01 | $2,003 | +0.30% |
| 2024-12 | $1,997 | +0.60% |
| 2024-11 | $1,985 | +0.51% |
| 2024-10 | $1,975 | +0.30% |
| 2024-09 | $1,969 | +0.00% |
| 2024-08 | $1,969 | +0.05% |
| 2024-07 | $1,968 | +0.31% |
| 2024-06 | $1,962 | +0.05% |
| 2024-05 | $1,961 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices