{"id":9729,"date":"2025-08-08T09:16:00","date_gmt":"2025-08-08T09:16:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9729"},"modified":"2025-12-04T12:04:03","modified_gmt":"2025-12-04T12:04:03","slug":"tampa-multifamily-market-report-july-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/tampa-multifamily-market-report-july-2025\/","title":{"rendered":"Tampa Multifamily Market Report \u2013 July 2025"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <strong><a href=\"\/blog\/tampa-multifamily-market-report\/\">Tampa Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n<hr \/>\n<h2>Fundamentals Adjust to Incoming Supply<\/h2>\n<p>Tampa\u2019s multifamily sector continues to adjust to the influx of robust new supply, according to the latest Yardi Matrix Tampa multifamily market report. Average advertised asking rents dipped 0.1%, on a trailing three-month basis through May, to $1,818, above the national average of $1,761. Year-over-year advertised asking rents were up 0.4%. The metro\u2019s April occupancy crept up to the national average of 94.4%, as reported in the <a href=\"\/blog\/national-multifamily-market-report\/\"><strong>U.S. multifamily market outlook<\/strong><\/a>.<\/p>\n<p><iframe id=\"datawrapper-chart-L8GEm\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Tampa vs. National Rent Growth  \" src=\"https:\/\/datawrapper.dwcdn.net\/L8GEm\/1\/\" height=\"329\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Interactive line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script>\u00a0<\/p>\n<p>As of April, the metro\u2019s unemployment rate was 3.5%, according to preliminary Bureau of Labor Statistics data, outperforming the 4.2% U.S. average. Tampa employment expanded 0.9% year-over-year as of March, matching the national figure. Darryl Shaw\u2019s 33- acre Ybor Harbor development could be the future home of The Tampa Bay Sun Football Club. The 15,000-seat stadium would anchor a mixed-use project with 500,000 square feet of office space as well as 4,750 residential units, among other components. Nearby, Shaw\u2019s Gasworx project, in partnership with KETTLER, secured construction financing as well as an equity partner for another phase of the project.<\/p>\n<p><iframe id=\"datawrapper-chart-x11Hs\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Tampa Employment Share by Sector  \" src=\"https:\/\/datawrapper.dwcdn.net\/x11Hs\/1\/\" height=\"417\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}})}();<br \/>\n<\/script>\u00a0<\/p>\n<p>Tampa developers had completed some 4,500 units as of May. The metro\u2019s robust development pipeline included 17,400 units under construction, with an additional 108,000 units in the planning and permitting stages. In the first five months of the year, the metro recorded approximately $600 million in multifamily transactions, which marked a slowdown compared to the same period last year.<\/p>\n<p>Read the full Tampa Multifamily Market Report: <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/7524-MatrixMultifamilyTampaReport-July2025\"><strong>July 2025<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Fundamentals Adjust to Incoming Supply Tampa\u2019s multifamily sector continues to adjust to the influx of robust new supply, according to the latest Yardi Matrix Tampa multifamily market report. Average advertised asking rents dipped 0.1%, on a trailing three-month basis through May, to $1,818, above the national average of $1,761. Year-over-year advertised asking rents were up [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":9210,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[513,469],"class_list":["post-9729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2025","tag-tampa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tampa Multifamily Market Report \u2013 July 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"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.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/tampa-multifamily-market-report-july-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tampa Multifamily Market Report \u2013 July 2025\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/tampa-multifamily-market-report-july-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-08T09:16:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-04T12:04:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/03\/Tampa-iStock-2203258727-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Agota Felhazi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tampa Multifamily Market Report \u2013 July 2025 - 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