Cheap Housing in Tampa

In general, Florida is considered a good place to live. Tampa in particular is a good place to live. If you have doubts, take a look at the numbers.

The city is occupied by over 346,000 people. This represents a 14 percent growth over the last decade. In addition to the great weather and beautiful beaches, Tampa offers a slew of golf courses, an eclectic selection of restaurants and no shortage of bars and gathering places. The city also has professional sports teams.

Another fact about the coastal city that might be a bit of a surprise is that the cost of living is actually lower that the U.S. average. The cost of living in Tampa is almost 12 percent below the national average. Homeowners and buyers thinking of investing in a house can take some comfort in the knowledge that over the last year home appreciation was at 15.92 percent. With what has been happening with house values throughout the country this is an amazing stat.

Many people have the idea that the prices of homes in Tampa are way beyond their budget. However, the median home price is quite reasonable at 119,300 dollars. Not all news is good in regard to the city. The unemployment rate hovers around 11.8 percent compared to the U.S. average of around 10.2 percent. Jobs in the city are declining.

Real-estate values in Tampa peaked five years ago, and in the last year it has become even easier to find reasonably priced homes in the area. While the median price of a home is around 120,000 you may not be able to find one of these that meets your needs and is for sale. However, there are numerous rental homes currently on the market listing for 200,000 dollars or less.

You go on some and find many houses for rent with water views and close to major cities. These homes were in various neighborhoods throughout the city and some houses had two bedrooms while there were others with three, four and five bedrooms. If renting is more to your liking, you may be able to find a few good deals on websites such as Craig’s List and other similar sites.

There are also many affordable apartments in Tampa. The selection of units should accommodate most people’s budgets whether they are looking for a simple one bedroom or a large condo. Currently purchasers and renter alike can find “cheap” housing in Tampa.