Matrix Multifamily Tampa Report-July 2025 July 30, 2025

Tampa's Staying Power

Advertised asking rents in Tampa shrank 0.1 percent on a T3 basis through May but were up 0.4 percent on a year-over-year basis. At 94.4 percent, the metro's occupancy rate was on par with the national average, even amid pressure from 4,500 recently delivered units coupled with 17,400 units under construction.