Eight people compete for every Tampa Bay apartment
March 5, 2024 - A recently released RentCafe report found an average of eight prospective renters compete for the same vacant apartment in Tampa Bay. The real estate platform’s research showed the region’s available rental units typically stay on the market for 40 days. The report states that 65.4% of renters chose to renew their lease in January, about 4% higher than the national average.