Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Tampa, FL

Housing in Tampa, FL: Rent, Home Prices & Property Tax

$1,506/mo (1 bd) in Tampa. Median home $306,100. Property tax 0.94%.

Compare vs Chicago Rank metros from TampaHow we figure this

Rent (1 bd): $1,506; /mo
Buy: $2,068; Mortgage, tax, insurance
Buying costs more: $562; /mo

State tax and rent

To buy

20% down payment$61,220
Mortgage at 6.5%$1,548
Property tax (0.94% of value)$240/mo · $2,877/yr
Insurance and upkeep$281
Monthly total$2,068

53% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,320 left each month. About 27 months (2.3 years) to save $61,220.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

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