Mortgages cost less than Tampa Bay rents
September 17, 2024 - A new Zillow Home Loans analysis found that Tampa Bay is among 22 of the nation's 50 largest metropolitan areas where mortgage payments are cheaper than monthly rents. The real estate platform's report found that mortgage rates have dipped to the lowest point since early 2023. Tampa Bay residents typically pay $2,106 in monthly rent but $1,1914 for a mortgage.