The cost of renting across Tampa Bay is spiking, as many apartments are seeing occupancy rates between 97 and 99 percent.
Source: www.baynews9.com
As renters continue to increase rent hikes from landlords, the option of owning a home may become a more likely and cheaper solution. Like other metro areas, Tampa Bay is experiencing increasing rents, low vacancies and a large number of new projects currently under development.