Affordable & Income-Based Housing in Tampa

Affordability in Tampa

Tampa's median household income is $75,475 and the median monthly rent is $1,701, according to Census ACS 5-Year data (2024). Exactly 50% of Tampa residents rent their homes, reflecting strong demand for affordable housing options in the city.

Safety

According to FBI Crime Data Explorer, the Tampa Police Department reported a violent crime rate of 443 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and jurisdiction definitions.

Getting Around Tampa

The area around Tampa's assisted properties scores 76 (Very Walkable), 38 (Some Transit) for transit, and 81 for bikeability, according to Walk Score. These scores reflect conditions near the assisted housing locations, not the city as a whole.

Schools

Tampa is served by 176 schools across 2 districts, including 99 elementary, 24 middle, 42 high, and 11 other schools, according to NCES Common Core of Data. Quality and programs vary by school and district, so renters should check the assigned schools for a specific address before making a decision.

Cost of Living in Tampa

The median household income in Tampa is $75,475 per year, according to Census ACS 5-Year data. The citywide median rent is $1,701 per month, also per Census ACS 5-Year estimates, which gives context to why income-restricted housing can make a significant difference for renters here.

• Median household income: $75,475/year (Census ACS 5-Year)
• Median rent: $1,701/month (Census ACS 5-Year)
• Renter households: 50% of Tampa households rent (Census ACS 5-Year)
• Affordable units tracked by Lease Lantern: 3,756 income-restricted units across 41 properties in Tampa

Flood and Environmental Exposure

All 41 assisted properties in Tampa have been mapped for flood risk. Of those, 8 are located in high-risk flood zones -- a meaningful share given Tampa's low-lying coastal geography. If flood exposure is a concern, ask a prospective property's management whether the building carries flood insurance and whether units are on upper floors.