Here's how much you have to make to afford rent in Tampa

Jun 12, 2023 · The Tampa Bay region is facing a rental affordability crisis. The latest Waller, Weeks and Johnson Rental index says Tampa ranks 18th in the country for rental affordability. …

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$85
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Study: Tampa Bay Renters Must Earn At Least $85K - Bay News 9

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Jul 24, 2023 · To be able to comfortably afford the average rent of $2,100 a month, an individual would need to earn at least $85,000 annually. “Our wages don’t afford people to live here,” …

baynews9.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 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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Tampa Renters Need Over $80K To Make Ends Meet, Report Says

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Jun 8, 2023 · Renters would also need to earn more than $50,850.07 to avoid being severely rent burdened. Data from the U.S. Bureau of Labor Statistics shows residents in the Tampa Bay …

wfla.com

30%
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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

42%
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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

74%
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Tampa Housing Market: Workforce & Affordability Insights

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Apr 1, 2023 · Tampa workers would need to earn an extra 48.74% to afford the median rental. Median Rental Price: The median rent for an apartment in ; Tampa is $1,647, highlighting …

padsplit.com

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

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Downtown Tampa's rent is much higher, at an average of $2,700 monthly 1. For those on a tighter budget, Lowry Park and Sulphur Springs have rentals at $1,465 per month 1. The median rent …

steadily.com

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Report: Florida Residents Need To Earn $25 An Hour To Afford Rent

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Jul 16, 2021 · TAMPA, Fla. - With the cost of rent rising to historic levels in the state of Florida, a new report breaks down what residents need to earn per hour in order to comfortably afford a …

fox13news.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

FAQs about Here's how much you have to make to afford rent in Tampa Coupon?

How much does a studio apartment cost in Tampa Bay?

The Tampa Bay-wide fair-market rate for a studio apartment was set at $1,291 - just $56 short of the rate set for a 2-bedroom just a year earlier. One-bedrooms were up to $1,381, 2-beds to $1,659. In dollars, the region's Fair Market Rent increase was its biggest ever. ...

Is 30 percent rent-burdened?

Still, the Department of Housing and Urban Development has long used 30% as the threshold for whether a household is rent-burdened, or paying more in rent than it can afford and still pay for other necessities, like food and transportation. ...

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. ...

How much tax do property managers charge?

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. You will have $4872/mo left to spend. DISCLAIMER: The calculated output is just a suggestion. ...