Is South Tampa expensive?

Is South Tampa expensive?

Rent in South Tampa is some of the most expensive around, and average rents in this area range from $1,500-$2,053 according to Rent Jungle. Though South Tampa’s cost of living may not be the most affordable, it’s one of the most beautiful places to live.

Is South Tampa a good area?

If you want to be near the water, surrounded by boutique shops and independent restaurants, and you love the look and feel of a historic district, South Tampa is for sure one of the best places to live in the city. Here you’ll find gorgeous homes of all shapes and sizes, though they tend to be pretty pricey.

Why are houses so cheap in Tampa Florida?

Florida has a lot of land, has low wages, and maintains a lower cost of living than in other places but from a local perspective, home prices are very high and the property taxes reflect this. One of the factors that occurred is that the tax rate on homes in some cases doubled or tripled.

What are the rich areas of Tampa?

Check Out The Top 10 Most Expensive Neighborhoods To Live In Tampa:

1. Culbreath Isles. With a median home price of $4,102,079 and a median rent of $1,654, Culbreath Isles is the most expensive neighborhood on our list.
2. Hyde Park.
3. Bel Mar Gardens.
4. Downtown Tampa.
5. Parkland Estates.
6. Davis Islands.
7. Palma Ceia West.
8. Palma Ceia.

What is the nicest suburb of Tampa?

Best Suburbs of Tampa, Florida

• Citrus Park. Population: 24,252. Median Home Value: $215,400.
• Land O’ Lakes. Population: 31,996.
• Westchase. Population: 21,747.
• East Lake. Population: 30,962.
• Valrico. Population: 35,545.
• Wesley Chapel. Population: 44,092.
• Oldsmar. Population: 14,841.
• Palm Harbor. Population: 57,439.

Where is the best place in Tampa to live?

13 Best Places to Live In Tampa

• Seminole Heights.
• Davis Islands.
• Channel District.
• Harbour Island.
• St.
• Clearwater.
• Hunter’s Green.
• Carrollwood. A larger suburban area in Hillsborough county boasts a population of more than 35000 but offers a small-town feel.

Will Tampa real estate go down?

Tampa ended 2021 as one of the hottest housing markets in the country with the average home value jumping nearly 30%. She says Tampa will not sustain the record-high demand the area saw at the end of 2021, but she does admit it will not fall off enough to give home buyers much time to relax.

Why is Tampa real estate so high?

Tampa Bay’s bustling job market, the high demand for housing inventory, a growing population of home buyers and strong home value growth contributed to its rise over other major cities. About six out of the top 10 markets have added more jobs than new homes over a two-year period, according to Zillow.

Where are the most expensive houses in Tampa?

In 2020, the highest sales price for a home in Tampa Bay was $9.3 million for a Clearwater estate (two plots of land in Davis Islands also sold for $11 million)….

• $6.3 million, Culbreath Isles, Tampa.
• $6.1 million, Jules Verne Park, Tampa.
• $6 million, Snell Isle, St.
• $5.8 million, downtown St.
• $5.6 million, Snell Isle, St.

Where do Millennials live in Tampa?

If you’re looking for hot spots for singles and young professionals, check out these five top Tampa neighborhoods!

• Channel District.
• Courier City-Oscawana.
• Downtown.
• Historic Ybor.
• North Hyde Park.

What are the best suburbs of Tampa to live?