Matrix Multifamily Tampa Report-February 2025 March 05, 2025

Tampa's Market Recovery

Advertised asking rents in Tampa were up 0.2 percent on a T3 basis through December, to $1,804, while U.S rates were down 0.2 percent. The metro's demand was visible, as occupancy rates increased 30 basis points to 94.5 percent in the 12 months ending in November.