Are rents in Tampa Bay too high? You bet, according to a new study by three universities. Tampa came in 3rd in the list of overpriced rental markets in the U.S. behind two other Florida cities. Since you live here, it’s probably not surprising all of the markets in the top are all in Florida. Zooming out, the Sunshine State had 10 of the markets in the top 25.
The survey results figured in the cost of rent versus what it SHOULD be. Researchers from the study say the premiums we pay in Florida probably won’t change much until more units are built.