Rental market snapshot for Terrace Park, Tampa
Terrace Park rental market summary
The rental market in Terrace Park, Florida is showing signs of growth. In July 2023, there were 146 new listings, which is a significant increase from the previous month. The median rent in July 2023 was $2,095, a 4.8% increase from June 2023 and a 19.7% increase from July 2022. This indicates that the rental market in Terrace Park is becoming increasingly competitive as demand for rental properties continues to grow.
The increasing median rent in Terrace Park is likely due to the growing population and the limited availability of rental properties. As more people move to the area, the demand for rental properties increases, driving up the median rent. This trend is likely to continue in the future, as the population of Terrace Park continues to grow.
Median rent for all residential properties in Terrace Park
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The most expensive listings and top trending buildings in Terrace Park
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
9622 N Ojus Dr | $4,120 | 3 / 2.5 |
10202 N Ninevah Rd | $2,800 | 4 / 2.0 |
9622 N Ojus Dr | $2,575 | 3 / 2.5 |
4819 E Okara Rd | $2,400 | 4 / 2.0 |
5108 Parade Street | $2,399 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow Rental Network | $1,738 |
Windsor Management Inc | $1,288 |
Residential Management Inc | $1,113 |
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Bedroom Breakdown in Terrace Park
Terrace Park neighborhood apartments rents
Uh-oh! Looks like we don't have any data in Terrace Park, Florida, for studios.
The rental market for 1-bedroom apartments in Terrace Park, Florida, in July 2023 is relatively stable. There were 5 new 1-bedroom listings in July 2023, and the median rent for 1-bedroom apartments remained the same from June to July at $1,253. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.
The rental market for 2-bedroom apartments in Terrace Park, Florida is showing signs of growth. In July 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $1,590, a 5.4% increase from the median rent in June 2023, which was $1,508. This suggests that the rental market for 2-bedroom apartments in Terrace Park is becoming more competitive, and renters should expect to pay more for these types of apartments in the future.