Tampa renters need to make about $69K to afford …

News to Know for February 6 - ABC Action NewsNew report shows rent prices drop nationwide, but not in Tampa Bay area

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Tampa Renters Need To Make About $69K To Afford …

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News to Know for February 6 - ABC Action NewsNew report shows rent prices drop nationwide, but not in Tampa Bay area

abcactionnews.com

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Study: Tampa Renters Must Work 69 Hours To Pay The Average U.S.

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Nov 21, 2022 · The average working American needs to work at least 63 hours to earn enough to pay the typical rent in the U.S. of $2,040. The news is even worse in Tampa and other parts of …

abcactionnews.com

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Tampa Residents May Need At Least $85K To Afford Rent, Study Shows

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Jun 8, 2023 · The average cost of rent in the Tampa metro area was $2,118.75, according to April data. Based on that number, Tampeños who make $84,750.12 or less are considered “rent …

tampabay.com

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Here's How Much Money You Need To Make To Afford Rent In …

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Jun 9, 2023 · The study shows that the average rent in Tampa is $2,118.75. In order to afford the average rent, Tampa residents need to make around $84,750.12, however, they would still be …

wtsp.com

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Tampa Renters Need Over $80K To Make Ends Meet, Report Says

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Jun 8, 2023 · The Waller, Weeks and Johnson Rental Index shows the average rent in Tampa was $2,118.75 in April, which is up by 5.04% since last year. To live comfortably, renters will …

wfla.com

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Many Tampa Bay Residents Spend Most Of Their Paychecks On Rent

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Sep 17, 2024 · Nearly 30% of Tampa Bay renters are spending more than half their income on housing, according to new Census data. Why it matters: An excessive rent burden can make it …

axios.com

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What's The Average Rent In Tampa, FL - Steadily

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The 30% rule means only spending that fraction of income on rent. For Tampa's average rent of $2,100 a month, you'd need to make about $85,000 a year 1. This shows you need a good …

steadily.com

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New Report Shows Rent Prices Drop Nationwide, But Not In Tampa …

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Apr 19, 2023 · The same report shows rent rates in the Tampa metro area rose close to 4%. Digging deeper into the numbers, according to GoBankingRates.com, renters need to make …

abcactionnews.com

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The Most And Least Affordable Cities For Renters: Final 2024 Data

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Jan 23, 2025 · Separately, the income needed to afford rent spiked by 3.4% year-over-year in December to $78,592. Zillow noted that since before the pandemic, the income needed to …

fox13news.com

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Tampa Renters Spend 42% Of Income On Rent, Fourth Worst In The …

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Feb 18, 2022 · Renters only spent 26% of their salary on rent in 2021, compared to 37% in 2017—a decrease of 11%. The worst two cities in the square-footage findings were Cleveland …

cltampa.com

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This Is How Many Hours Per Week You Need To Work To Afford Rent …

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Aug 3, 2022 · In Florida, a resident needs to make at least $26.38 per hour to be able to afford a 2-bedroom rental home, according to the NLIHC. That number is an increase of $1.56 an hour …

fox13news.com

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Tampa Rental Data Shows Minorities Spend More Income On Rent

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Nov 29, 2021 · In Tampa, none of the demographics surveyed payed less than 30% of their income to afford rent. Black households pay 37.7% to rent, while Hispanic households pay …

wfla.com

FAQs about Tampa renters need to make about $69K to afford … Coupon?

Is it cheap to rent in Tampa Bay?

It used to be cheap to rent in Tampa Bay. Not anymore. Once consistently less expensive than the national average for asking rent, the advantage for Tampa Bay renters began to narrow around the middle of the last decade, then disappeared in 2021. ...

Is Tampa a good place to rent a house?

Tampa ranks 4 th in the US and 9 th in the world for the worst change in renting affordability, according to a recent study by Online Mortgage Advisor. The average studio apartment in Tampa is renting out right now for just over $1,700.That’s up about 30% from last year. ...

Will Tampa renters pack City Hall on February 24?

Now, a group of Tampa renters are getting ready to pack city hall on Thursday, February 24 to demand help. On that day at 1:30PM, more than 100 people plan to wear red shirts and let city leaders know they’re in the middle of a housing crisis and that immediate solutions are desperately needed. ...

Does Tampa Bay have fair market rents?

Fair market rents fluctuate by ZIP code within the Tampa Bay region. But the Department of Housing and Urban Development also announces metro-level fair-market rents, which we'll use here to get a view of Tampa Bay as a whole. It used to be cheap to rent in Tampa Bay. Not anymore. ...

How much tax does a rental cost?

Input your net (after tax) income and the calculator will display rentals up to 40% of your estimated gross income. Property managers typically use gross income to qualify applicants, so the tool assumes your net income is taxed at 25%. Actual tax rates vary. Based on your income, a rental at this price should fit comfortably within your budget. ...