Typical priceVerified
$357,965Typical market home valueBalanced
Tampa-St. Petersburg-Clearwater, FL
A softer for-sale market with still-useful rent coverage if basis and insurance cooperate.
D48/100
Below-average marketD grade · 48/100 market scoreNeeds tighter selectivity and stronger basis than the average market.
Tampa now looks more negotiable than during the surge years. The rent line has cooled, but the rent-to-value relationship is still materially stronger than the higher-cost coastal metros.
Average deal benchmark
Average deal in this market
This is the quick market-level baseline for what a typical deal looks like before you underwrite a real address.
Typical rentVerified
$1,988Average monthly rentRent-to-valueEstimated
6.66%Gross annual rent divided by home value1-year rent trendVerified
-1.6%Recent rent directionVerified metrics come from sourced market files. Estimated metrics are derived from those inputs.
County snapshot
Local context inside the market
These counties add local context after the market screen. Use them to see where conditions look stronger or weaker before you underwrite a specific address.
Leaflet © OpenStreetMap contributors
Pasco County · 53/100
Home value: $331,106Average rent: $1,989Rent-to-value: 7.21%
Hernando County · 50/100
Home value: $309,724Average rent: $1,879Rent-to-value: 7.28%
Pinellas County · 49/100
Home value: $365,896Average rent: $1,999Rent-to-value: 6.55%
Hillsborough County · 46/100
Home value: $377,186Average rent: $1,992Rent-to-value: 6.34%
Sourced metrics
What the sourced market data says
RatingEstimated
48/100Weighted from rent-to-value, 1-year rent change, and price-vs-rent pressure. This is a screening heuristic, not a recommendation.Derived from Zillow Research inputs · 2026-03-31Home valueVerified
$357,965Metro typical home value from Zillow Research. 1-year change -4.3%.Zillow Research ZHVI (metro) · 2026-03-311-year valueVerified
-4.3%Directional value signal from Zillow Research, not a forecast.Zillow Research ZHVI (metro) · 2026-03-31Average rentVerified
$1,988Metro average rent from Zillow Research. 1-year change -1.6%.Zillow Research ZORI (metro) · 2026-03-311-year rentVerified
-1.6%Directional rent signal from Zillow Research, useful for underwriting assumptions.Zillow Research ZORI (metro) · 2026-03-31Rent-to-valueEstimated
6.66%Derived from Zillow Research rent and home-value inputs. This is a screening ratio, not cap rate or yield.Derived from Zillow Research ZHVI + ZORI · 2026-03-31Rating breakdown
How the screening score is built
Rent-to-value strength50% weight
6.66%Higher rent-to-value ratios improve the first-pass screen.1-year rent trend25% weight
-1.6%Positive rent growth improves the score.Price-vs-rent pressure25% weight
-2.7%When home values run ahead of rents, the score gets penalized.Underwriting
What this means for deal analysis
- Use current insurance pricing and flood-zone checks early because they can reshape the deal faster than the rent snapshot can save it.
- The county view helps separate stronger coastal and inland pockets, but you still need listing-level diligence.
- Metro rents remain supportive enough for screening, but you still need listing-level rent comps before trusting the upside.
Verify before you buyMarket averages are a screen, not a verdict
Market averages are a screen, not a verdict
- Verify flood exposure and current insurance quotes before final underwriting.
- Check whether the target county is overbuilt relative to the broader Tampa snapshot.
- Run rent assumptions against current competing inventory, not just historical lease data.
MethodologyHow this page is built
How this page is built
- Numeric market metrics are pulled from Zillow Research metro files at build time, not copied by hand.
- County context uses Zillow Research county files plus Census TIGERweb county polygons so the local snapshot maps to real boundaries.
- The overall market score is a transparent screening heuristic built from rent-to-value, 1-year rent trend, and price-vs-rent pressure.
- Unsupported metrics such as days-to-pending are intentionally removed instead of scraped or inferred.
Zillow Research ZHVI metro file
Metro home values as of 2026-03-31.
Open sourceAccessed 2026-05-02Zillow Research ZORI metro file
Metro rents as of 2026-03-31.
Open sourceAccessed 2026-05-02Zillow Research ZHVI county file
County home values used for the supporting county snapshot.
Open sourceAccessed 2026-05-02Zillow Research ZORI county file
County rents used for the supporting county snapshot.
Open sourceAccessed 2026-05-02Census TIGERweb county polygons
Official county boundaries used to render the city-level map footprint.
Open sourceAccessed 2026-05-02Zillow research definitions
Reference definitions for Zillow housing and rent market metrics.
Open sourceAccessed 2026-05-02FAQCommon questions
Common questions
Why does this page show a score at all?
The market score is a transparent screening heuristic built from Zillow Research home-value, rent-trend, and rent-to-value inputs. It is not a buy recommendation or a substitute for address-level underwriting.
What do the county snapshots represent?
The page shows county-level snapshots inside the market footprint so you can see where conditions look stronger or weaker. Treat them as supporting context, not automatic buy boxes.
What should I do after reading this page?
Use the page to decide whether the market deserves deeper attention, then run a real property-level analysis inside InstantlyAnalyze before making an offer.